18 Oak Ridge Ave Summit, NJ 07901
Estimated Value: $1,581,713 - $2,200,000
Studio
--
Bath
3,392
Sq Ft
$568/Sq Ft
Est. Value
About This Home
This home is located at 18 Oak Ridge Ave, Summit, NJ 07901 and is currently estimated at $1,925,678, approximately $567 per square foot. 18 Oak Ridge 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.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 21, 2001
Sold by
Grates John A and Grates Susan E
Bought by
Grates Susan E
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Outstanding Balance
$165,025
Interest Rate
7.09%
Estimated Equity
$1,760,653
Purchase Details
Closed on
Nov 2, 1995
Sold by
Stavrakos Christopher and Martin Jill M
Bought by
Grates John A and Grates Susan E
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Grates Susan E | -- | Lawyers Title Insurance Corp | |
| Grates John A | $565,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Grates Susan E | $440,000 |
Source: Public Records
Tax History Compared to Growth
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 | $22,612 | $519,100 | $284,200 | $234,900 |
| 2024 | $22,461 | $519,100 | $284,200 | $234,900 |
| 2023 | $22,461 | $519,100 | $284,200 | $234,900 |
| 2022 | $22,233 | $519,100 | $284,200 | $234,900 |
| 2021 | $22,410 | $519,100 | $284,200 | $234,900 |
| 2020 | $22,633 | $519,100 | $284,200 | $234,900 |
| 2019 | $22,659 | $519,100 | $284,200 | $234,900 |
| 2018 | $22,513 | $519,100 | $284,200 | $234,900 |
| 2017 | $22,659 | $519,100 | $284,200 | $234,900 |
| 2016 | $22,326 | $519,100 | $284,200 | $234,900 |
| 2015 | $21,890 | $519,100 | $284,200 | $234,900 |
| 2014 | $21,325 | $519,100 | $284,200 | $234,900 |
Source: Public Records
Map
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