NOT LISTED FOR SALE

223 Summit Ave Summit, NJ 07901

Estimated Value: $2,686,662 - $3,444,000

-- Bed
-- Bath
4,071 Sq Ft
$744/Sq Ft Est. Value

About This Home

This home is located at 223 Summit Ave, Summit, NJ 07901 and is currently estimated at $3,027,221, approximately $743 per square foot. 223 Summit Ave 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
May 24, 2007
Sold by
223 Summit Avenue Llc
Bought by
Delano John C and Delano Lisa M
Current Estimated Value
$3,027,221

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Outstanding Balance
$770,272
Interest Rate
5.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,256,949

Purchase Details

Closed on
Sep 15, 2005
Sold by
Du Bourg Antoine
Bought by
223 Summit Avenue Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,140,000
Interest Rate
5.72%
Mortgage Type
Construction
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
Delano John C $1,950,000 United General Title Ins Co
223 Summit Avenue Llc $725,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Delano John C $1,300,000
Previous Owner 223 Summit Avenue Llc $1,140,000
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
2025 $36,739 $843,400 $362,000 $481,400
2024 $36,494 $843,400 $362,000 $481,400
2023 $36,494 $843,400 $362,000 $481,400
2022 $36,123 $843,400 $362,000 $481,400
2021 $36,410 $843,400 $362,000 $481,400
2020 $36,772 $843,400 $362,000 $481,400
2019 $36,814 $843,400 $362,000 $481,400
2018 $31,417 $724,400 $362,000 $362,400
2017 $31,620 $724,400 $362,000 $362,400
2016 $31,156 $724,400 $362,000 $362,400
2015 $30,548 $724,400 $362,000 $362,400
2014 $29,758 $724,400 $362,000 $362,400
Source: Public Records

Map

New Jersey Union County Summit 07901

223 Summit Ave, Summit, NJ

Not Listed for Sale

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