NOT LISTED FOR SALE

202 Morris Ave Summit, NJ 07901

Estimated Value: $672,000 - $962,000

-- Bed
4 Baths
-- Sq Ft
4,792 Sq Ft Lot

Last Sold March 28, 2022

Last sale price $620,000

Est. 24% increase in value since last sale

Current estimated payment $4,754/month

41 Days on Market

About This Home

As of March 2022

This home is located at 202 Morris Ave, Summit, NJ 07901 since 26 July 2021 and is currently estimated at $766,886. This property was built in 1918. 202 Morris 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.

Last Agent to Sell the Property

ANGELA LAUFER

WEICHERT REALTORS Brokerage Phone: 973-539-8000 Listed on: 07/26/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1918

Lot Details

  • 4,792

Property Details

Home Type

Multi-Family

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Year Built: 1918
  • County Name: Union
  • I D: 5091245
  • Attribution Contact: 973-539-8000
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: .114

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2025
Sold by
Zhao Lifeng
Bought by
Morris202 Llc
Current Estimated Value
$766,886

Purchase Details

Listed on
Jul 26, 2021
Closed on
Feb 4, 2022
Sold by
Tabak Alan and Tabak Joan
Bought by
Zhao Lifeng
Seller's Agent
ANGELA LAUFER
WEICHERT REALTORS
List Price
$550,000
Sold Price
$620,000
Premium/Discount to List
$70,000
12.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.82%
Original Mortgage
$465,000
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 21, 1988
Bought by
Tabak, Alan & Joan%Ajt Management
Source: Public Records

Range of Values:

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

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ICE

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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
Morris202 Llc $620,000 None Listed On Document
Morris202 Llc $620,000 None Listed On Document
Zhao Lifeng $620,000 Guardian Title
Tabak, Alan & Joan%Ajt Management $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zhao Lifeng $465,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2022 03/28/22 Sold $620,000 +12.7% --
09/09/2021 09/09/21 Pending -- -- --
07/29/2021 07/29/21 For Sale $550,000 -- --
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 $8,973 $206,000 $80,300 $125,700
2024 $8,914 $206,000 $80,300 $125,700
2023 $8,914 $206,000 $80,300 $125,700
2022 $8,823 $206,000 $80,300 $125,700
2021 $8,893 $206,000 $80,300 $125,700
2020 $8,982 $206,000 $80,300 $125,700
2019 $8,992 $206,000 $80,300 $125,700
2018 $8,934 $206,000 $80,300 $125,700
2017 $8,992 $206,000 $80,300 $125,700
2016 $8,860 $206,000 $80,300 $125,700
2015 $8,687 $206,000 $80,300 $125,700
2014 $8,462 $206,000 $80,300 $125,700
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2022

    ANGELA LAUFER

    WEICHERT REALTORS

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Map

Source: Garden State MLS

MLS Number: 3729997

Garden State MLS

APN: 18-03313-0000-00033

New Jersey Union County Summit 07901

202 Morris Ave, Summit, NJ

Not Listed for Sale

MultiFamily

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