NOT LISTED FOR SALE

179 Mountain Ave Summit, NJ 07901

Summit Area

Estimated Value: $1,968,000 - $2,177,000

5 Beds
5 Baths
-- Sq Ft
0.31 Acre Lot

Sale Details

Date Sold: August 16, 2021

Last sale price $1,400,000

Est. 47% increase in value since last sale

Current estimated payment $12,842 / mo

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 $2,051,813. This property was built in 1955. 179 Mountain Ave is a home located in Union County.

Co-Listed By

JILL BRAY

PROMINENT PROPERTIES SIR Brokerage Phone: 908-273-8808

Last Buyer's Agent

BONNIE RAMSEY

COMPASS NEW JERSEY, LLC

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • 0.31

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

0.31 Acres

Listing Details

  • Year Built: 1955
  • County Name: Union
  • I D: 5078429
  • 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2021
Closed on
Aug 13, 2021
Sold by
Bought by
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
$2,051,813

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$651,813
Avg. Annual Appreciation
8.01%
Original Mortgage
$1,096,000
Outstanding Balance
$973,517
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$1,078,296

Purchase Details

Closed on
May 23, 2000
Sold by
Bought by

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

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Summit, NJ

  • Massimo Chirichiello Real Estate Agent - SERHANT NEW JERSEY LLC

    Massimo Chirichiello

    SERHANT NEW JERSEY LLC

    (973) 315-6877

    49 Total Sales

    1 in Summit

    $840,000 Price

    Massimo Chirichiello
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  • Nancy Chu Real Estate Agent - Keller Williams Realty - NJ Metro Group

    Nancy Chu

    Keller Williams Realty - NJ Metro Group

    (973) 604-6671

    307 Total Sales

    2 in Summit

    $875,000 Price Range

    Nancy Chu
     Section Image
  • Frank LaMorte Real Estate Agent - LATTIMER REALTY

    Frank LaMorte

    LATTIMER REALTY

    (862) 298-5327

    173 Total Sales

    1 in Summit

    $1,350,000 Price

    Frank LaMorte
     Section Image
  • Mikaela Arpino Real Estate Agent - NJ Real Estate Boutique, LLC

    Mikaela Arpino

    NJ Real Estate Boutique, LLC

    (862) 860-1682

    334 Total Sales

    2 in Summit

    $509K - $1.4M Price Range

    Mikaela Arpino
     Section Image
  • Shuang Liang Real Estate Agent - Premiumone Realty

    Shuang Liang

    Premiumone Realty

    (862) 214-7430

    74 Total Sales

    3 in Summit

    $1.1M - $1.8M Price Range

    Shuang Liang
     Section Image
  • Anita Vogel Real Estate Agent - Weichert Realtors, Montclair

    Anita Vogel

    Weichert Realtors, Montclair

    (862) 292-4859

    14 Total Sales

    2 in Summit

    $400,000 Price Range

    Anita Vogel
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,400,000 Old Republic Title
$410,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,096,000
Previous Owner $328,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $19,029 $425,600 $189,200 $236,400
2025 $19,029 $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

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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

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