224 Oak Ridge Ave Summit, NJ 07901
Estimated Value: $2,492,295 - $3,505,000
Studio
--
Bath
3,864
Sq Ft
$746/Sq Ft
Est. Value
About This Home
This home is located at 224 Oak Ridge Ave, Summit, NJ 07901 and is currently estimated at $2,884,098, approximately $746 per square foot. 224 Oak Ridge 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
May 12, 2004
Sold by
Perry C Christopher
Bought by
Maloney Walter and Maloney Danielle
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
$1,100,000
Outstanding Balance
$529,492
Interest Rate
5.88%
Estimated Equity
$2,354,606
Purchase Details
Closed on
Jul 25, 1995
Sold by
Mccann June E and Mccann John
Bought by
Perry C Christopher and Perry Virginia Faison
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Maloney Walter | $2,450,000 | -- | |
| Perry C Christopher | $950,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Maloney Walter | $1,100,000 |
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 | $43,020 | $987,600 | $517,900 | $469,700 |
| 2024 | $42,733 | $987,600 | $517,900 | $469,700 |
| 2023 | $42,733 | $987,600 | $517,900 | $469,700 |
| 2022 | $42,299 | $987,600 | $517,900 | $469,700 |
| 2021 | $42,635 | $987,600 | $517,900 | $469,700 |
| 2020 | $43,059 | $987,600 | $517,900 | $469,700 |
| 2019 | $43,109 | $987,600 | $517,900 | $469,700 |
| 2018 | $42,832 | $987,600 | $517,900 | $469,700 |
| 2017 | $43,109 | $987,600 | $517,900 | $469,700 |
| 2016 | $42,477 | $987,600 | $517,900 | $469,700 |
| 2015 | $41,647 | $987,600 | $517,900 | $469,700 |
| 2014 | $40,571 | $987,600 | $517,900 | $469,700 |
Source: Public Records
Map
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