NOT LISTED FOR SALE

2 Gates Ave Unit B Summit, NJ 07901

Estimated Value: $1,117,000 - $1,301,000

3 Beds
3 Baths
2,864 Sq Ft
$426/Sq Ft Est. Value

About This Home

This home is located at 2 Gates Ave Unit B, Summit, NJ 07901 and is currently estimated at $1,219,331, approximately $425 per square foot. 2 Gates Ave Unit B 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 2, 2020
Sold by
Salerno Louis A and Salerno Janet M
Bought by
Dang Xin and Ying Yu Lan
Current Estimated Value
$1,219,331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$595,000
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 2013
Sold by
Strelec Diedrich and Strelec Rosalie
Bought by
Salerno Louis A and Salerno Janet M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 18, 2009
Sold by
Rudisi Frances
Bought by
Strelec Diedrich and Strelec Rosalie

Purchase Details

Closed on
Dec 23, 1999
Sold by
Strelec Rosalie and Rudisi Nicholas
Bought by
Rudisi Frances

Purchase Details

Closed on
Dec 3, 1996
Sold by
Rudisi Nicholas and Rudisi Frances
Bought by
Rudisi Nicholas

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
Dang Xin $850,000 Primetime Title Agency Llc
Salerno Louis A $500,000 Fidelity National Title
Strelec Diedrich -- None Available
Rudisi Frances -- --
Rudisi Nicholas -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dang Xin $595,000
Previous Owner Salerno Louis A $250,000
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 $12,029 $278,000 $117,600 $160,400
2023 $12,029 $278,000 $117,600 $160,400
2022 $11,907 $278,000 $117,600 $160,400
2021 $12,001 $278,000 $117,600 $160,400
2020 $12,121 $278,000 $117,600 $160,400
2019 $12,135 $278,000 $117,600 $160,400
2018 $12,057 $278,000 $117,600 $160,400
2017 $12,135 $278,000 $117,600 $160,400
2016 $11,957 $278,000 $117,600 $160,400
2015 $11,723 $278,000 $117,600 $160,400
2014 $11,420 $278,000 $117,600 $160,400
Source: Public Records

Map

New Jersey Union County Summit 07901

2 Gates Ave Unit B, Summit, NJ

Homes for Sale in Summit, NJ

This home is located at 2 Gates Ave Unit B, Summit, NJ 07901 and is currently estimated at $1,219,331, approximately $425 per square foot. 2 Gates Ave Unit B 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.

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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