NOT LISTED FOR SALE

192 Summit Ave Summit, NJ 07901

Estimated Value: $2,069,000 - $2,722,000

5 Beds
5 Baths
3,547 Sq Ft
$706/Sq Ft Est. Value

Last Sold June 29, 2023

Last sale price $2,100,000 $592 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $15,363/month

4 Days on Market

About This Home

As of June 2023

This home is located at 192 Summit Ave, Summit, NJ 07901 since 20 March 2023 and is currently estimated at $2,502,673, approximately $705 per square foot. This property was built in 1906. 192 Summit Ave is a home located in Union County with nearby schools including L C Johnson Summit Middle School, Summit Sr High School, and Kent Place School.

Last Agent to Sell the Property

DIANE TERRY

KELLER WILLIAMS REALTY Brokerage Phone: 908-273-2991 Listed on: 03/20/2023

Last Buyer's Agent

SUSAN ADLER

KELLER WILLIAMS REALTY

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1906

Lot Details

  • 0.46

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Year Built: 1906
  • County Name: Union
  • I D: 5208673
  • Attribution Contact: 908-273-2991
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 4.10

Lot Info

  • Lot Size: 50X400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2023
Closed on
Jun 19, 2023
Sold by
Cleaves Daniel O and Cleaves Kimberly
Bought by
Shroff Brennan and Mccann Julie Anne
Seller's Agent
DIANE TERRY
KELLER WILLIAMS REALTY
Buyer's Agent
SUSAN ADLER
KELLER WILLIAMS REALTY
List Price
$1,995,000
Sold Price
$2,100,000
Premium/Discount to List
$105,000
5.26%
Views
187
Current Estimated Value
$2,502,673

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$402,673
Avg. Annual Appreciation
7.21%
Original Mortgage
$1,100,000
Outstanding Balance
$1,072,162
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$1,430,511

Purchase Details

Listed on
Jul 10, 2020
Closed on
Aug 27, 2020
Sold by
Campbell Michael V and Campbell Emily
Bought by
Cleaves Daniel D and Cleaves Kimberly
Seller's Agent
SUSAN ADLER
KELLER WILLIAMS REALTY
Buyer's Agent
DIANE TERRY
KELLER WILLIAMS REALTY
List Price
$1,099,000
Sold Price
$1,400,000
Premium/Discount to List
$301,000
27.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.35%
Original Mortgage
$980,000
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 2001
Sold by
Stone William Naylor and Stone Sara Floyd
Bought by
Campbell Michael and Campbell Emily

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$715,000
Interest Rate
6.72%

Purchase Details

Closed on
Feb 18, 1997
Sold by
Stone William Naylor and Stone Maurine Rainer
Bought by
Stone William Naylor and Stone Maurine Rainer
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Shroff Brennan $2,100,000 Westcor Land Title
Shroff Brennan $2,100,000 Westcor Land Title
Cleaves Daniel D $1,400,000 Multiple
Campbell Michael $1,100,000 --
Stone William Naylor -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shroff Brennan $1,100,000
Closed Shroff Brennan $1,100,000
Previous Owner Cleaves Daniel D $980,000
Previous Owner Campbell Michael $715,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/29/2023 06/29/23 Sold $2,100,000 +5.3% $592 / Sq Ft
03/28/2023 03/28/23 Pending -- -- --
03/23/2023 03/23/23 For Sale $1,995,000 +42.5% $562 / Sq Ft
08/26/2020 08/26/20 Sold $1,400,000 +27.4% $395 / Sq Ft View Prior Sale
07/16/2020 07/16/20 Pending -- -- --
07/10/2020 07/10/20 For Sale $1,099,000 -- $310 / 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 $27,465 $630,500 $292,400 $338,100
2024 $27,282 $630,500 $292,400 $338,100
2023 $27,282 $630,500 $292,400 $338,100
2022 $23,959 $555,000 $292,400 $262,600
2021 $23,959 $555,000 $292,400 $262,600
2020 $24,198 $555,000 $292,400 $262,600
2019 $24,226 $555,000 $292,400 $262,600
2018 $24,070 $555,000 $292,400 $262,600
2017 $24,226 $555,000 $292,400 $262,600
2016 $23,871 $555,000 $292,400 $262,600
2015 $23,404 $555,000 $292,400 $262,600
2014 $22,799 $555,000 $292,400 $262,600
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2023

    DIANE TERRY

    KELLER WILLIAMS REALTY

  • S

    Buyer's Agent in 2023

    SUSAN ADLER

    KELLER WILLIAMS REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3833960

Garden State MLS

APN: 18-02004-0000-00041

New Jersey Union County Summit 07901

192 Summit Ave, Summit, NJ

Not Listed for Sale

Detached

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