2 Colt Rd Summit, NJ 07901
Estimated Value: $2,171,415 - $2,999,000
Studio
--
Bath
3,231
Sq Ft
$826/Sq Ft
Est. Value
About This Home
This home is located at 2 Colt Rd, Summit, NJ 07901 and is currently estimated at $2,668,138, approximately $825 per square foot. 2 Colt Rd 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
Jul 26, 2004
Sold by
Mumma William
Bought by
Murray Brian and Murray Christine
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
$840,000
Outstanding Balance
$425,638
Interest Rate
6.33%
Estimated Equity
$2,242,500
Purchase Details
Closed on
Jul 16, 2001
Sold by
Smith J Albert and Smith Sheila M
Bought by
Mumma William P and Mumma Kathleen A
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Murray Brian | $1,675,000 | -- | |
| Mumma William P | $1,615,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Murray Brian | $840,000 |
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 | $31,089 | $713,700 | $313,700 | $400,000 |
| 2024 | $30,882 | $713,700 | $313,700 | $400,000 |
| 2023 | $30,882 | $713,700 | $313,700 | $400,000 |
| 2022 | $30,810 | $713,700 | $313,700 | $400,000 |
| 2021 | $31,153 | $713,700 | $313,700 | $400,000 |
| 2020 | $31,117 | $713,700 | $313,700 | $400,000 |
| 2019 | $31,153 | $713,700 | $313,700 | $400,000 |
| 2018 | $30,953 | $713,700 | $313,700 | $400,000 |
| 2017 | $31,153 | $713,700 | $313,700 | $400,000 |
| 2016 | $30,696 | $713,700 | $313,700 | $400,000 |
| 2015 | $30,097 | $713,700 | $313,700 | $400,000 |
| 2014 | $29,319 | $713,700 | $313,700 | $400,000 |
Source: Public Records
Map
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