NOT LISTED FOR SALE

18 Laurel Ave Summit, NJ 07901

Estimated Value: $1,539,576 - $1,613,000

4 Beds
3 Baths
-- Sq Ft
5,663 Sq Ft Lot

Last Sold August 23, 2024

Last sale price $1,595,000

Est. 2% decrease in value since last sale

Current estimated payment $9,652/month

94 Days on Market

About This Home

As of August 2024

This home is located at 18 Laurel Ave, Summit, NJ 07901 since 21 May 2024 and is currently estimated at $1,564,894. This property was built in 1923. 18 Laurel 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.

Last Agent to Sell the Property

ELIZABETH PARCELLS

BHHS FOX & ROACH Brokerage Phone: 908-273-0400 Listed on: 05/21/2024

Co-Listed By

SEAN COOKSEY

BHHS FOX & ROACH Brokerage Phone: 908-273-0400

Last Buyer's Agent

KRISTEN PIEROTTI

PROMINENT PROPERTIES SIR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,257

Year Built

  • Built in 1923

Lot Details

  • 5,663 Sq Ft Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,257

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Year Built: 1923
  • County Name: Union
  • Street Number Display: 18
  • I D: 5308696
  • Modified: 2025-08-24
  • Number Images: 1
  • Attribution Contact: 908-273-0400
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 2.10

Lot Info

  • Lot Size: .127
  • Total Acres: 0.13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2024
Closed on
Aug 16, 2024
Sold by
Inggs Michaela J and Inggs David
Bought by
Brown Nicholas and Brown Joanna
Seller's Agent
ELIZABETH PARCELLS
BHHS FOX & ROACH
Buyer's Agent
KRISTEN PIEROTTI
PROMINENT PROPERTIES SIR
List Price
$1,595,000
Sold Price
$1,595,000
Views
1
Current Estimated Value
$1,564,894

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$30,106
Avg. Annual Appreciation
-1.70%
Original Mortgage
$850,000
Outstanding Balance
$838,235
Interest Rate
5.8%
Mortgage Type
New Conventional
Estimated Equity
$726,659

Purchase Details

Closed on
Jan 25, 2020
Sold by
Inggs Michael J and Ludbrook Michaela
Bought by
Inggs Michaela J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$563,300
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 26, 2016
Closed on
Nov 21, 2016
Sold by
George Spencer L and George Jane A
Bought by
Ludbrook Michaela
Seller's Agent
LORI DAHL
COLDWELL BANKER REALTY
Buyer's Agent
LORI DAHL
COLDWELL BANKER REALTY
List Price
$780,000
Sold Price
$805,000
Premium/Discount to List
$25,000
3.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.81%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Brown Nicholas $1,595,000 Quality Title
Brown Nicholas $1,595,000 Quality Title
Brown Nicholas $1,595,000 Quality Title
Inggs Michaela J -- First American Title
Inggs Michaela J -- First American Title
Ludbrook Michaela $805,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Nicholas $850,000
Closed Brown Nicholas $850,000
Previous Owner Inggs Michaela J $563,300
Previous Owner Inggs Michaela J $563,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2024 08/23/24 Sold $1,595,000 0.0% --
05/21/2024 05/21/24 For Sale $1,595,000 +98.1% --
12/02/2016 12/02/16 Sold $805,000 +3.2% --
10/10/2016 10/10/16 Pending -- -- --
09/26/2016 09/26/16 For Sale $780,000 -- --
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 $16,257 $373,200 $192,700 $180,500
2024 $16,148 $373,200 $192,700 $180,500
2023 $16,148 $373,200 $192,700 $180,500
2022 $15,984 $373,200 $192,700 $180,500
2021 $14,941 $346,100 $192,700 $153,400
2020 $15,090 $346,100 $192,700 $153,400
2019 $15,107 $346,100 $192,700 $153,400
2018 $15,010 $346,100 $192,700 $153,400
2017 $14,387 $329,600 $192,700 $136,900
2016 $14,176 $329,600 $192,700 $136,900
2015 $13,899 $329,600 $192,700 $136,900
2014 $13,540 $329,600 $192,700 $136,900
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2024

    ELIZABETH PARCELLS

    BHHS FOX & ROACH

  • S

    Seller Co-Listing Agent in 2024

    SEAN COOKSEY

    BHHS FOX & ROACH

  • K

    Buyer's Agent in 2024

    KRISTEN PIEROTTI

    PROMINENT PROPERTIES SIR

  • J

    Buyer Co-Listing Agent in 2024

    JILL BRAY

    PROMINENT PROPERTIES SIR

  • L

    Seller's Agent in 2016

    LORI DAHL

    COLDWELL BANKER REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3920361

Garden State MLS

APN: 18-04603-0000-00020

New Jersey Union County Summit 07901

18 Laurel Ave, Summit, NJ

This home is located at 18 Laurel Ave, Summit, NJ 07901 since 21 May 2024 and is currently estimated at $1,564,894. This property was built in 1923. 18 Laurel 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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