NOT LISTED FOR SALE

194 Oak Ridge Ave Summit, NJ 07901

Estimated Value: $2,728,453 - $3,943,000

6 Beds
6 Baths
4,259 Sq Ft
$753/Sq Ft Est. Value

About This Home

This home is located at 194 Oak Ridge Ave, Summit, NJ 07901 and is currently estimated at $3,205,151, approximately $752 per square foot. 194 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
Jun 20, 2021
Sold by
Olcott Olott E and Olcott Stacey L
Bought by
Codey Owen H and Lyons Erin C
Current Estimated Value
$3,205,260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Outstanding Balance
$1,483,391
Interest Rate
2.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 2000
Sold by
Davis Richard S and Davis Tracey H
Bought by
Olcott E Gage and Olcott Stacey L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Codey Owen H $2,250,000 Fidelity National Ttl Ins Co
Olcott E Gage $1,965,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Codey Owen H $537,000
Open Codey Owen H $1,600,000
Previous Owner Olcott Emery G $400,000
Previous Owner Olcott Emery Gage $1,357,000
Previous Owner Olcott Olcott E $300,000
Previous Owner Olcott E Gage $134,000
Previous Owner Olcott E Gage $1,500,000
Previous Owner Olcott Olcott E $1,423,000
Previous Owner Olcott E Gage $435,000
Previous Owner Olcott E Gage $1,450,000
Previous Owner Olcott Emery G $430,000
Previous Owner Olcott E Gage $1,000,000
Source: Public Records

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 $38,342 $886,100 $451,000 $435,100
2023 $38,342 $886,100 $451,000 $435,100
2022 $37,952 $886,100 $451,000 $435,100
2021 $38,253 $886,100 $451,000 $435,100
2020 $38,634 $886,100 $451,000 $435,100
2019 $45,850 $1,050,400 $451,000 $599,400
2018 $45,556 $1,050,400 $451,000 $599,400
2017 $45,850 $1,050,400 $451,000 $599,400
2016 $45,178 $1,050,400 $451,000 $599,400
2015 $44,295 $1,050,400 $451,000 $599,400
2014 $43,150 $1,050,400 $451,000 $599,400
Source: Public Records

Map

New Jersey Union County Summit 07901

194 Oak Ridge Ave, Summit, NJ

This home is located at 194 Oak Ridge Ave, Summit, NJ 07901 and is currently estimated at $3,205,151, approximately $752 per square foot. 194 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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