224 W Summit St Somerville, NJ 08876
Estimated Value: $623,000 - $688,000
Studio
--
Bath
2,073
Sq Ft
$313/Sq Ft
Est. Value
About This Home
This home is located at 224 W Summit St, Somerville, NJ 08876 and is currently estimated at $649,599, approximately $313 per square foot. 224 W Summit St is a home located in Somerset County with nearby schools including Van Derveer School, Somerville Middle School, and Somerville High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 15, 2013
Sold by
Day Ronald T and Day Pamela G
Bought by
Chapman Katherine
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
$292,000
Outstanding Balance
$206,578
Interest Rate
3.52%
Mortgage Type
New Conventional
Estimated Equity
$443,021
Purchase Details
Closed on
Feb 17, 2006
Sold by
Lawton Peter J
Bought by
Day Ronald T and Day Pamela G
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
Interest Rate
6.16%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 20, 1992
Sold by
Pinnero John A and Pinnero Christien L
Bought by
Lawton Peter J and Lawton Susan R
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chapman Katherine | $365,000 | Multiple | |
| Day Ronald T | $375,000 | -- | |
| Day Ronald T | $375,000 | -- | |
| Day Ronaald T | $375,000 | None Available | |
| Lawton Peter J | $175,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chapman Katherine | $292,000 | |
| Previous Owner | Day Ronaald T | $300,000 |
Source: Public Records
Tax History Compared to Growth
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 | $13,069 | $330,600 | $143,000 | $187,600 |
| 2024 | $13,069 | $330,600 | $143,000 | $187,600 |
Source: Public Records
Map
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