$1,250,000
SOLD JAN 24, 2025

17 William St Summit, NJ 07901

-- Bed
-- Bath
2,260 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$553 Per Sq Ft

4% Below List Price

23 Days on Market

About This Home

As of January 2025

This home is located at 17 William St, Summit, NJ 07901 and is currently priced at $1,250,000, approximately $553 per square foot. This property was built in 1923. 17 William St is a home located in Union County with nearby schools including L C Johnson Summit Middle School, Summit Sr High School, and Oak Knoll School of the Holy Child.

Last Agent to Sell the Property

Anthony Verducci Jr.

SERHANT NEW JERSEY LLC Brokerage Phone: 973-315-5959 Listed on: 11/20/2024

SERHANT NEW JERSEY LLC

Last Buyer's Agent

JACQUELINE MANDELL

KELLER WILLIAMS REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,913

Year Built

  • Built in 1923

Lot Details

  • 4,792 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,913

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Year Built: 1923
  • County Name: Union
  • I D: 5325507
  • Attribution Contact: 973-315-5959
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: .114AC
  • Total Acres: 0.11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2024
Closed on
Jan 16, 2025
Sold by
17 William St Llc
Bought by
Djatche Laurence M
Seller's Agent
Anthony Verducci Jr.
SERHANT NEW JERSEY LLC
Buyer's Agent
JACQUELINE MANDELL
KELLER WILLIAMS REALTY
List Price
$1,300,000
Sold Price
$1,250,000
Premium/Discount to List
-$50,000
-3.85%
Views
82
Current Estimated Value
$1,270,197

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,197
Avg. Annual Appreciation
1.97%
Original Mortgage
$1,000,000
Outstanding Balance
$992,769
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$277,428

Purchase Details

Closed on
Mar 22, 2019
Sold by
Peloquin Thomas
Bought by
17 William St Llc

Purchase Details

Closed on
Dec 27, 2017
Sold by
Peloquin Holly
Bought by
Peloquin Ann and Peloquin Phil

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$672,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Sep 1, 2016
Closed on
Dec 20, 2016
Sold by
Bank Of New York
Bought by
Peloquin Thomas
Seller's Agent
Patrick Fox
AMERICAN REALTY SERVICES GROUP
Buyer's Agent
SHAWN CHACONAS
COMPASS NEW JERSEY, LLC
List Price
$505,000
Sold Price
$434,450
Premium/Discount to List
-$70,550
-13.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.78%
Original Mortgage
$524,767
Interest Rate
4.16%

Purchase Details

Closed on
Jul 6, 2016
Sold by
Union County Sheriff
Bought by
Bank Of New York Mellon Tr

Purchase Details

Closed on
May 9, 2012
Sold by
Mian Mohammad and Mian Fayaza S
Bought by
Mian Mohammad
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $1,250,000 Acres Land Title
Warranty Deed -- None Available
Interfamily Deed Transfer -- None Available
Deed -- --
Quit Claim Deed $1,000 --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,000,000 New Conventional
Previous Owner $672,000 Adjustable Rate Mortgage/ARM
Previous Owner $524,767 No Value Available
Previous Owner -- No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/24/2025 01/24/25 Sold $1,250,000 -3.8% $553 / Sq Ft
12/13/2024 12/13/24 Pending -- -- --
11/20/2024 11/20/24 For Sale $1,300,000 +199.2% $575 / Sq Ft
12/20/2016 12/20/16 Sold $434,450 -14.0% $192 / Sq Ft View Prior Sale
11/02/2016 11/02/16 Pending -- -- --
09/01/2016 09/01/16 For Sale $505,000 -- $223 / 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
2025 $13,913 $319,400 $107,100 $212,300
2024 $13,820 $319,400 $107,100 $212,300
2023 $13,820 $319,400 $107,100 $212,300
2022 $13,680 $319,400 $107,100 $212,300
2021 $13,789 $319,400 $107,100 $212,300
2020 $13,926 $319,400 $107,100 $212,300
2019 $13,942 $319,400 $107,100 $212,300
2018 $9,910 $228,500 $107,100 $121,400
2017 $9,974 $228,500 $107,100 $121,400
2016 $9,828 $228,500 $107,100 $121,400
2015 $9,636 $228,500 $107,100 $121,400
2014 $9,387 $228,500 $107,100 $121,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3935367

Garden State MLS

APN: 18-03313-0000-00011