NOT LISTED FOR SALE

18 Summit Ave North Plainfield, NJ 07060

Estimated Value: $533,000 - $665,215

4 Beds
3 Baths
-- Sq Ft
8,451 Sq Ft Lot

Last Sold July 30, 2021

Last sale price $530,000

Est. 14% increase in value since last sale

Current estimated payment $4,278/month

62 Days on Market

Highlights

  • 3 Car Detached Garage
  • Central Air
  • Hot Water Heating System
  • Living Room
  • Dining Room

About This Home

As of July 2021

Beautiful investment property, move-in condition. Separate utilities, New HVAC Units in each apartment. Fist floor unit completely renovated. Updated kitchen with new appliances and open concept, bathroom has been updated as well. Second floor unit is rented with nice kitchen, bathroom, new appliances and excellent tenants. Roof done within the past 2 years. Two oversized car garages. Huge back yard and parking space for more than 6 cars. All fenced in. Finished basement with bathroom. Absolutely nothing to do. 1st floor will be delivered vacant, 2nd floor has lease that expires in March 2022. Just move in and start collecting rent.

Last Listed By

Claudia Molina

PRO REALTY LLC License #0567498 Listed on: 05/20/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,780

Year Built

  • 1959

Lot Details

  • 8,451

Parking

  • 3 Car Detached Garage

Home Design

  • Aluminum Siding

Interior Spaces

  • Multi-Level Property
  • Living Room
  • Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms

Utilities

  • Central Air
  • Hot Water Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Legal Lot and Block 3 / 78

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,780

Year Built

1959

Lot Details

0

Listing Details

  • Class: 2-4 FAMILY
  • Type: 2 Family
  • Building Style: Multi-Level
  • Lead Paint Form: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built (Public Record): 1959

Interior Features

  • Total Bathrooms: 3
  • Total Full Baths: 3
  • Total Bedrooms: 4
  • Basement: Finished, Full
  • Total Dining Rooms: 1
  • Total Kitchens: 2
  • Total Living Rooms: 3
  • Basement Full Bathrooms: 1
  • Basement Living Rooms: 1
  • First Floor Bedrooms: 2
  • First Full Floor Bathrooms: 1
  • Floor1 Kitchen: 1
  • Floor 1 Living Rooms: 1
  • Second Floor Bedrooms: 2
  • Floor 2 Dining Room: 1
  • Floor 2 Full Bathrooms: 1
  • Floor2 Kitchens: 1
  • Floor 2 Living Rooms: 1
  • Fl1 Rooms: 4
  • Fl2 Rooms: 5

Exterior Features

  • Exterior Finish: Aluminum/Vinyl

Garage/Parking

  • Parking Available: 3+ Cars, Garage, Detached

Utilities

  • Heating/Cooling: A/C Central, Gas, Hot Water

Lot Info

  • Geo Address Line: 18 Summit Ave
  • Geo Primary City: North Plainfield
  • Geo Quality: 0.95
  • Geo Update Timestamp: 05/20/2021
  • Geo Zoom Level: 16
  • Lot: 3

Tax Info

  • Taxes: 9780

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2021
Closed on
Aug 8, 2021
Sold by
Guevara John
Bought by
Tankwa Fidhe T
Seller's Agent
Claudia Molina
PRO REALTY LLC
Buyer's Agent
NON-MEMBER NON-MEMBER
NON-MEMBER
List Price
$549,000
Sold Price
$530,000
Premium/Discount to List
-$19,000
-3.46%
Total Days on Market
62
Current Estimated Value
$604,804

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,804
Avg. Annual Appreciation
0.66%
Original Mortgage
$424,000
Outstanding Balance
$390,203
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$153,178

Purchase Details

Listed on
Dec 8, 2016
Closed on
Jan 30, 2017
Sold by
Garedn State Enerprise Llc
Bought by
Gubvara John
Seller's Agent
JUAN CAMILO VICTORIA
WORLD CLASS REALTY GROUP
Buyer's Agent
JUAN CAMILO VICTORIA
WORLD CLASS REALTY GROUP
List Price
$279,900
Sold Price
$288,000
Premium/Discount to List
$8,100
2.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.52%
Original Mortgage
$282,783
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 10, 2016
Closed on
Aug 25, 2016
Sold by
Ramirez Freddy W and Ramirez Monica T
Bought by
Garden State Enterprise Llc
Seller's Agent
JUAN CAMILO VICTORIA
WORLD CLASS REALTY GROUP
Buyer's Agent
JUAN CAMILO VICTORIA
WORLD CLASS REALTY GROUP
List Price
$149,900
Sold Price
$160,000
Premium/Discount to List
$10,100
6.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
292.33%

Purchase Details

Closed on
Jun 2, 2009
Sold by
Ramirez Freddy and Tabares Monica
Bought by
Ramirez Freddy W and Ramirez Monica T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,653
Interest Rate
4.56%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 4, 2002
Sold by
Amato Della Fortuna
Bought by
Ramirez Freddy and Tabares Monica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,850
Interest Rate
6.48%
Mortgage Type
FHA

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 Buyer Sale Price Title Company
Tankwa Fidhe T $530,000 First American Title Ins Co
Gubvara John $288,000 None Available
Garden State Enterprise Llc $160,000 None Available
Ramirez Freddy W -- Main Street Title Agency Inc
Ramirez Freddy $196,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tankwa Fidhe T $424,000
Previous Owner Guevara John $303,700
Previous Owner Guevara John $273,750
Previous Owner Gubvara John $282,783
Previous Owner Ramirez Freddy W $299,653
Previous Owner Ramirez Freddy $192,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2021 07/30/21 Sold $530,000 -3.5% --
07/21/2021 07/21/21 Pending -- -- --
05/20/2021 05/20/21 For Sale $549,000 +90.6% --
01/30/2017 01/30/17 Sold $288,000 +2.9% --
12/08/2016 12/08/16 Pending -- -- --
12/08/2016 12/08/16 For Sale $279,900 +74.9% --
08/26/2016 08/26/16 Sold $160,000 +6.7% --
03/11/2016 03/11/16 Pending -- -- --
02/10/2016 02/10/16 For Sale $149,900 -- --
Source: Hudson County 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
2024 $10,895 $250,000 $100,000 $150,000
2023 $10,623 $250,000 $100,000 $150,000
2022 $10,203 $250,000 $100,000 $150,000
2021 $10,073 $250,000 $100,000 $150,000
2020 $9,780 $250,000 $100,000 $150,000
2019 $9,520 $250,000 $100,000 $150,000
2018 $9,318 $250,000 $100,000 $150,000
2017 $9,438 $250,000 $100,000 $150,000
2016 $8,973 $250,000 $100,000 $150,000
2015 $8,593 $250,000 $100,000 $150,000
2014 $9,837 $300,000 $100,000 $200,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hudson County MLS

MLS Number: 210012257

Hudson County MLS

APN: 14-00078-0000-00003