NOT LISTED FOR SALE

181 Summit Ave Montclair, NJ 07043

Estimated Value: $1,713,000 - $2,032,000

8 Beds
5 Baths
4,307 Sq Ft
$444/Sq Ft Est. Value

Last Sold January 05, 2024

Last sale price $1,626,000 $378 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $12,706/month

9 Days on Market

About This Home

As of January 2024

This home is located at 181 Summit Ave, Montclair, NJ 07043 since 11 October 2023 and is currently estimated at $1,912,527, approximately $444 per square foot. 181 Summit Ave is a home located in Essex County with nearby schools including Bradford School, Hillside School, and Nishuane School.

Last Agent to Sell the Property

Clare Morcella

KELLER WILLIAMS - NJ METRO GROUP Brokerage Phone: 973-783-7400 Listed on: 10/11/2023

KELLER WILLIAMS - NJ METRO GROUP

Last Buyer's Agent

Amy Owens

KELLER WILLIAMS - NJ METRO GROUP

KELLER WILLIAMS - NJ METRO GROUP

Home Details

Home Type

  • Single Family

Lot Details

  • 10,149

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • County Name: Essex
  • I D: 5249954
  • Attribution Contact: 973-783-7400
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 8
  • Bathrooms: 4.10

Lot Info

  • Lot Size: 50X203

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2023
Closed on
Dec 19, 2023
Sold by
Shiraz Auri and Shiraz Mareena
Bought by
Carroll Maribeth
Seller's Agent
Clare Morcella
KELLER WILLIAMS - NJ METRO GROUP
Buyer's Agent
Amy Owens
KELLER WILLIAMS - NJ METRO GROUP
List Price
$1,330,000
Sold Price
$1,626,000
Premium/Discount to List
$296,000
22.26%
Views
63
Current Estimated Value
$1,912,527

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$286,527
Avg. Annual Appreciation
8.50%
Original Mortgage
$1,300,800
Outstanding Balance
$1,277,187
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$635,340

Purchase Details

Listed on
Mar 14, 2016
Closed on
May 22, 2016
Sold by
Leale Arthur J
Bought by
Auri Shiraz and Daredia Shiraz Mareena
Seller's Agent
GWENDOLYNN VAN DER ZYPPE
BROWN HARRIS STEVENS NEW JERSEY
Buyer's Agent
JON EKLUND
PROMINENT PROPERTIES SIR
List Price
$999,999
Sold Price
$999,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.59%
Original Mortgage
$799,950
Interest Rate
2.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 2012
Sold by
Leale Arthur J and Leale Alexandra
Bought by
Leale Arthur J

Purchase Details

Closed on
Jul 18, 1991
Sold by
Lingren Mary E and Lingren John
Bought by
Gibson George and Gibson Elsa
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Carroll Maribeth $1,626,000 Metro Title
Auri Shiraz $999,999 None Available
Leale Arthur J -- None Available
Gibson George $245,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carroll Maribeth $1,300,800
Previous Owner Auri Shiraz $799,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/05/2024 01/05/24 Sold $1,626,000 +22.3% $378 / Sq Ft
10/28/2023 10/28/23 Pending -- -- --
10/18/2023 10/18/23 For Sale $1,330,000 +33.0% $309 / Sq Ft
05/26/2016 05/26/16 Sold $999,999 0.0% $232 / Sq Ft View Prior Sale
03/25/2016 03/25/16 Pending -- -- --
03/14/2016 03/14/16 For Sale $999,999 -- $232 / Sq Ft
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 $32,590 $964,200 $375,800 $588,400
2024 $32,590 $964,200 $375,800 $588,400
2022 $31,703 $964,200 $375,800 $588,400
2021 $31,153 $964,200 $375,800 $588,400
2020 $30,652 $964,200 $375,800 $588,400
2019 $30,334 $964,200 $375,800 $588,400
2018 $29,832 $964,200 $375,800 $588,400
2017 $30,324 $812,100 $352,300 $459,800
2016 $26,972 $742,200 $352,300 $389,900
2015 $26,170 $742,200 $352,300 $389,900
2014 $25,294 $742,200 $352,300 $389,900
Source: Public Records

Agents Affiliated with this Home

  • Clare Morcella

    Seller's Agent in 2024

    Clare Morcella

    KELLER WILLIAMS - NJ METRO GROUP

    (201) 245-3633

    20 in this area

    65 Total Sales

    Clare Morcella
    Section Image
  • Amy Owens

    Buyer's Agent in 2024

    Amy Owens

    KELLER WILLIAMS - NJ METRO GROUP

    (201) 396-2927

    72 in this area

    314 Total Sales

    Amy Owens
    Section Image

  • G

    Seller's Agent in 2016

    GWENDOLYNN VAN DER ZYPPE

    BROWN HARRIS STEVENS NEW JERSEY

  • J

    Buyer's Agent in 2016

    JON EKLUND

    PROMINENT PROPERTIES SIR

See All Agents

Map

Source: Garden State MLS

MLS Number: 3869246

Garden State MLS

APN: 13-02606-0000-00008

New Jersey Essex County Montclair 07043

181 Summit Ave, Montclair, NJ

Not Listed for Sale

Detached

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