NOT LISTED FOR SALE

2 Laurel Ave Summit, NJ 07901

Estimated Value: $1,268,181 - $1,903,000

-- Bed
-- Bath
2,069 Sq Ft
$730/Sq Ft Est. Value

About This Home

This home is located at 2 Laurel Ave, Summit, NJ 07901 and is currently estimated at $1,511,045, approximately $730 per square foot. 2 Laurel 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
Sep 5, 2006
Sold by
Sirva Relocation Llc
Bought by
Chong David T and Chong Elaine E
Current Estimated Value
$1,511,045

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$180,554
Interest Rate
6.71%
Estimated Equity
$1,330,491

Purchase Details

Closed on
Aug 14, 2006
Sold by
Drake Maria Bryke
Bought by
Sirva Relocation Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$180,554
Interest Rate
6.71%
Estimated Equity
$1,330,491

Purchase Details

Closed on
Feb 1, 2001
Sold by
Morfin Barbara W
Bought by
Drake David F and Drake Maria B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,500
Interest Rate
7.13%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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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
Chong David T $863,000 --
Sirva Relocation Llc $863,000 --
Drake David F $430,000 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chong David T $300,000
Closed Sirva Relocation Llc $300,000
Previous Owner Drake David F $365,500
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
2025 $15,577 $357,600 $179,600 $178,000
2024 $15,473 $357,600 $179,600 $178,000
2023 $15,473 $357,600 $179,600 $178,000
2022 $15,316 $357,600 $179,600 $178,000
2021 $15,438 $357,600 $179,600 $178,000
2020 $15,591 $357,600 $179,600 $178,000
2019 $15,609 $357,600 $179,600 $178,000
2018 $15,509 $357,600 $179,600 $178,000
2017 $15,609 $357,600 $179,600 $178,000
2016 $15,380 $357,600 $179,600 $178,000
2015 $15,080 $357,600 $179,600 $178,000
2014 $14,690 $353,800 $179,600 $174,200
Source: Public Records

Map

New Jersey Union County Summit 07901

2 Laurel Ave, Summit, NJ

Not Listed for Sale

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