NOT LISTED FOR SALE

179 Mountain Ave Summit, NJ 07901

Estimated Value: $1,489,000 - $1,852,000

5 Beds
5 Baths
-- Sq Ft
0.31 Acres

Last Sold August 16, 2021

Last sale price $1,400,000

Est. 22% increase in value since last sale

Current estimated payment $10,622/month

8 Days on Market

About This Home

As of August 2021

This home is located at 179 Mountain Ave, Summit, NJ 07901 since 09 June 2021 and is currently estimated at $1,705,371. This property was built in 1955. 179 Mountain Ave 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.

Co-Listed By

JILL BRAY

PROMINENT PROPERTIES SIR Brokerage Phone: 908-273-8808

Last Buyer's Agent

BONNIE RAMSEY

COMPASS NEW JERSEY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,539

Year Built

  • Built in 1955

Lot Details

  • 0.31

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,539

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Year Built: 1955
  • County Name: Union
  • Street Number Display: 179
  • I D: 5078429
  • Modified: 2025-07-21
  • Number Images: 0
  • Attribution Contact: 908-273-8808
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 4.10

Lot Info

  • Lot Size: .313

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2021
Closed on
Aug 18, 2021
Sold by
Koniaris Peter and Koniaris Lauren
Bought by
Leibsly Joshua and Leibsly Ellen
Buyer's Agent
BONNIE RAMSEY
COMPASS NEW JERSEY, LLC
List Price
$1,195,000
Sold Price
$1,400,000
Premium/Discount to List
$205,000
17.15%
Current Estimated Value
$1,705,371

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$305,371
Avg. Annual Appreciation
5.70%
Original Mortgage
$1,096,000
Outstanding Balance
$997,278
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$757,237

Purchase Details

Listed on
Jun 9, 2021
Closed on
Aug 13, 2021
Sold by
Koniaris Peter and Koniaris Lauren S
Bought by
Leibsly Joshua and Leibsly Ellen
Buyer's Agent
BONNIE RAMSEY
COMPASS NEW JERSEY, LLC
List Price
$1,195,000
Sold Price
$1,400,000
Premium/Discount to List
$205,000
17.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,096,000
Outstanding Balance
$997,278
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$757,237

Purchase Details

Closed on
May 23, 2000
Sold by
Olle Werner R and Olle Sherry L
Bought by
Koniaris Peter and Koniaris Lauren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
8.14%
Source: Public Records

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
Leibsly Joshua $1,400,000 Old Republic Title
Leibsly Joshua $1,400,000 Old Republic Title
Koniaris Peter $410,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leibsly Joshua $1,096,000
Closed Leibsly Joshua $1,096,000
Previous Owner Koniaris Peter $328,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2021 08/16/21 Sold $1,400,000 +17.2% --
06/17/2021 06/17/21 Pending -- -- --
06/09/2021 06/09/21 For Sale $1,195,000 -- --
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 $18,539 $425,600 $189,200 $236,400
2024 $18,416 $425,600 $189,200 $236,400
2023 $18,416 $425,600 $189,200 $236,400
2022 $18,228 $425,600 $189,200 $236,400
2021 $17,510 $405,600 $189,200 $216,400
2020 $17,684 $405,600 $189,200 $216,400
2019 $17,704 $405,600 $189,200 $216,400
2018 $17,591 $405,600 $189,200 $216,400
2017 $17,704 $405,600 $189,200 $216,400
2016 $17,445 $405,600 $189,200 $216,400
2015 $17,104 $405,600 $189,200 $216,400
2014 $16,662 $405,600 $189,200 $216,400
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller Co-Listing Agent in 2021

    JILL BRAY

    PROMINENT PROPERTIES SIR

  • B

    Buyer's Agent in 2021

    BONNIE RAMSEY

    COMPASS NEW JERSEY, LLC

See All Agents

Map

Source: Garden State MLS

MLS Number: 3718831

Garden State MLS

APN: 18-04706-0000-00031

New Jersey Union County Summit 07901

179 Mountain Ave, Summit, NJ

This home is located at 179 Mountain Ave, Summit, NJ 07901 since 09 June 2021 and is currently estimated at $1,705,371. This property was built in 1955. 179 Mountain Ave 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.

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