NOT LISTED FOR SALE

23 Sherman Ave Summit, NJ 07901

Estimated Value: $2,162,683 - $2,534,000

4 Beds
5 Baths
2,339 Sq Ft
$1,005/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 $15,134/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 $2,350,171, approximately $1,004 per square foot. This property was built in 1979. 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 Listed By

Kim Cannon

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

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,252

Year Built

  • 1979

Lot Details

  • 0.26 Acre Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,252

Year Built

1979

Lot Details

0

Listing Details

  • County Name: Union
  • Street Number Display: 23
  • I D: 5268024
  • Modified: 2024-06-06
  • Number Images: 43
  • Attribution Contact: 908-273-8808
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1979

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
Apr 10, 2024
Closed on
Jun 4, 2024
Sold by
Omalley Joseph
Bought by
Guggino Emily M and Kimsesizcan Ahyan
Seller's Agent
Kim Cannon
PROMINENT PROPERTIES SIR
Buyer's Agent
Angela Bitici
COLDWELL BANKER REALTY
List Price
$1,850,000
Sold Price
$2,300,000
Premium/Discount to List
$450,000
24.32%
Total Days on Market
8
Views
58
Current Estimated Value
$2,350,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,171
Avg. Annual Appreciation
-4.50%
Original Mortgage
$1,610,000
Interest Rate
6.49%
Mortgage Type
New Conventional

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

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.07%

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%

Range of Values:

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
Guggino Emily M $2,300,000 Surety Title
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 Guggino Emily M $1,610,000
Previous Owner Greenock Family Lp $1,000,000
Previous Owner Greenock Family Ltd Partnership $507,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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
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

    101 in this area

    155 Total Sales

    Kim Cannon
    Section Image
  • Angela Bitici

    Buyer's Agent in 2024

    Angela Bitici

    COLDWELL BANKER REALTY

    (917) 250-8387

    6 in this area

    10 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

Homes for Sale in Summit, NJ

This home is located at 23 Sherman Ave, Summit, NJ 07901 since 10 April 2024 and is currently estimated at $2,350,171, approximately $1,004 per square foot. This property was built in 1979. 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.

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