NOT LISTED FOR SALE

168 Broad St Summit, NJ 07901

Estimated Value: $761,000 - $871,000

-- Bed
-- Bath
1,740 Sq Ft
$465/Sq Ft Est. Value

Last Sold May 03, 2023

Last sale price $750,000 $431 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $5,395/month

245 Days on Market

About This Home

As of May 2023

This home is located at 168 Broad St, Summit, NJ 07901 since 12 July 2022 and is currently estimated at $809,139, approximately $465 per square foot. This property was built in 1923. 168 Broad St is a home located in Union County with nearby schools including L C Johnson Summit Middle School, Summit Sr High School, and Kent Place School.

Last Listed By

PATRICK FOX JR

AMERICAN REALTY SERVICES GROUP Brokerage Phone: 973-258-0888 Listed on: 07/12/2022

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,908

Year Built

1923

Lot Details

0

Listing Details

  • County Name: Union
  • Street Number Display: 168
  • I D: 5161779
  • Modified: 2024-05-04
  • Number Images: 1
  • Attribution Contact: 973-258-0888
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1923

Lot Info

  • Lot Size: .160

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2022
Closed on
Mar 20, 2023
Sold by
Lsf9 Master Participation Trust
Bought by
Lu Zhengrong and Wang Zhe
Seller's Agent
PATRICK FOX JR
AMERICAN REALTY SERVICES GROUP
Buyer's Agent
Susan Oldendorp
COMPASS NEW JERSEY, LLC
List Price
$759,900
Sold Price
$750,000
Premium/Discount to List
-$9,900
-1.3%
Total Days on Market
245
Views
204
Current Estimated Value
$809,139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,139
Avg. Annual Appreciation
3.83%

Purchase Details

Closed on
Aug 15, 2017
Sold by
Chaudhary Moiimmad and Chaudhary Mohammad S
Bought by
Us Bank Trust Na

Purchase Details

Closed on
Jun 6, 2002
Sold by
Sadiq Mohammad and Parveen Farzana
Bought by
Choudhry Mohammad A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,645
Interest Rate
6.92%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 16, 1996
Sold by
Sullivan Marlene
Bought by
Choudhry Mohammad A and Sadiq Mohammad

Range of Values:

Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lu Zhengrong $750,000 Coastal Title
Us Bank Trust Na $1,000 Stewart Title
Choudhry Mohammad A $83,025 --
Choudhry Mohammad A $179,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rukhsana Kousar $227,250
Previous Owner Choudhury Mohammad A $100,000
Previous Owner Choudhry Mohammad A $273,645
Previous Owner Choudhry Mohammad A $45,500
Previous Owner Choudhry Mohammad A $156,126
Previous Owner Sadiq Mohammad $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2023 05/03/23 Sold $750,000 +2.8% $431 / Sq Ft
03/14/2023 03/14/23 Pending -- -- --
02/28/2023 02/28/23 Price Changed $729,900 -3.9% $419 / Sq Ft
02/21/2023 02/21/23 For Sale $759,900 0.0% $437 / Sq Ft
01/23/2023 01/23/23 Pending -- -- --
01/19/2023 01/19/23 For Sale $759,900 0.0% $437 / Sq Ft
12/06/2022 12/06/22 Pending -- -- --
11/09/2022 11/09/22 Price Changed $759,900 -3.8% $437 / Sq Ft
10/07/2022 10/07/22 Price Changed $789,900 -3.1% $454 / Sq Ft
09/08/2022 09/08/22 Price Changed $814,900 -3.6% $468 / Sq Ft
08/12/2022 08/12/22 Price Changed $844,900 -2.9% $486 / Sq Ft
07/12/2022 07/12/22 For Sale $869,900 -- $500 / Sq Ft
Source: Garden State MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $10,908 $252,100 $67,400 $184,700
2023 $10,908 $252,100 $67,400 $184,700
2022 $6,891 $160,900 $67,400 $93,500
2021 $6,946 $160,900 $67,400 $93,500
2020 $7,015 $160,900 $67,400 $93,500
2019 $7,023 $160,900 $67,400 $93,500
2018 $6,978 $160,900 $67,400 $93,500
2017 $7,023 $160,900 $67,400 $93,500
2016 $6,920 $160,900 $67,400 $93,500
2015 $6,785 $160,900 $67,400 $93,500
2014 $6,610 $160,900 $67,400 $93,500
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2023

    PATRICK FOX JR

    AMERICAN REALTY SERVICES GROUP

  • Susan Oldendorp

    Buyer's Agent in 2023

    Susan Oldendorp

    COMPASS NEW JERSEY, LLC

    (201) 400-8714

    48 in this area

    507 Total Sales

    Susan Oldendorp
    Section Image
  • Zander Oldendorp

    Buyer Co-Listing Agent in 2023

    Zander Oldendorp

    COMPASS NEW JERSEY, LLC

    (973) 229-6475

    63 in this area

    156 Total Sales

    Zander Oldendorp
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3795505

Garden State MLS

APN: 18-04009-0000-00012

New Jersey Union County Summit 07901

168 Broad St, Summit, NJ

Homes for Sale in Summit, NJ

This home is located at 168 Broad St, Summit, NJ 07901 since 12 July 2022 and is currently estimated at $809,139, approximately $465 per square foot. This property was built in 1923. 168 Broad St is a home located in Union County with nearby schools including L C Johnson Summit Middle School, Summit Sr High School, and Kent Place School.

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