NOT LISTED FOR SALE

23 Sherman Ave Summit, NJ 07901

Estimated Value: $2,204,000 - $2,492,190

4 Beds
5 Baths
2,339 Sq Ft
$1,007/Sq Ft Est. Value

Last Sold June 06, 2024

Last sale price $2,300,000 $983 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $14,497/month

8 Days on Market

About This Home

As of June 2024

This home is located at 23 Sherman Ave, Summit, NJ 07901 since 10 April 2024 and is currently estimated at $2,355,548, approximately $1,007 per square foot. 23 Sherman 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.

Last Agent to Sell the Property

Kim Cannon

PROMINENT PROPERTIES SIR Brokerage Phone: 908-273-8808 Listed on: 04/10/2024

Last Buyer's Agent

Angela Bitici

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Lot Details

  • 0.26 Acre Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Bathrooms

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • County Name: Union
  • I D: 5268024
  • Attribution Contact: 908-273-8808
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 4.20

Lot Info

  • Lot Size: 75X150
  • Total Acres: 0.26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2012
Closed on
Nov 20, 2012
Sold by
23 Sherman Avenue Llc
Bought by
Malley Joseph O
Seller's Agent
ANTOINETTE GEORGE
COLDWELL BANKER REALTY
Buyer's Agent
PATRICIA CULNEN
WEICHERT REALTORS
Sold Price
$1,300,000
Current Estimated Value
$2,355,548

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,055,548
Avg. Annual Appreciation
4.65%

Purchase Details

Closed on
Oct 7, 2010
Sold by
Greenock Family Limited Partnership
Bought by
23 Sherman Avenue Llc

Purchase Details

Closed on
Apr 27, 2001
Sold by
Clayton Roy H and Clayton Mary Louise S
Bought by
Greenock Family Ltd Partnership

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$507,000
Interest Rate
6.85%
Source: Public Records

Range of Values:

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

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ICE

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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
Malley Joseph O $1,300,000 Fidelity National Title Ins
23 Sherman Avenue Llc -- None Available
Greenock Family Ltd Partnership $675,000 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Greenock Family Ltd Partnership $507,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/06/2024 06/06/24 Sold $2,300,000 +24.3% $983 / Sq Ft
04/18/2024 04/18/24 Pending -- -- --
04/10/2024 04/10/24 For Sale $1,850,000 +42.3% $791 / Sq Ft
11/27/2012 11/27/12 Sold $1,300,000 -- $556 / Sq Ft View Prior Sale
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 $25,422 $583,600 $216,800 $366,800
2024 $25,252 $583,600 $216,800 $366,800
2023 $25,252 $583,600 $216,800 $366,800
2022 $24,996 $583,600 $216,800 $366,800
2021 $25,194 $583,600 $216,800 $366,800
2020 $25,445 $583,600 $216,800 $366,800
2019 $25,474 $583,600 $216,800 $366,800
2018 $25,311 $583,600 $216,800 $366,800
2017 $25,474 $583,600 $216,800 $366,800
2016 $25,101 $583,600 $216,800 $366,800
2015 $24,610 $578,900 $216,800 $362,100
2014 $23,781 $557,800 $216,800 $341,000
Source: Public Records

Agents Affiliated with this Home

  • Kim Cannon

    Seller's Agent in 2024

    Kim Cannon

    PROMINENT PROPERTIES SIR

    (609) 947-4493

    97 in this area

    152 Total Sales

    Kim Cannon
    Section Image
  • Angela Bitici

    Buyer's Agent in 2024

    Angela Bitici

    COLDWELL BANKER REALTY

    (917) 250-8387

    7 in this area

    14 Total Sales

    Angela Bitici
    Section Image

  • A

    Seller's Agent in 2012

    ANTOINETTE GEORGE

    COLDWELL BANKER REALTY

  • P

    Buyer's Agent in 2012

    PATRICIA CULNEN

    WEICHERT REALTORS

See All Agents

Map

Source: Garden State MLS

MLS Number: 3895216

Garden State MLS

APN: 18-01203-0000-00035

New Jersey Union County Summit 07901

23 Sherman Ave, Summit, NJ

Not Listed for Sale

Detached

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