NOT LISTED FOR SALE

24 Madison Ave Summit, NJ 07901

Estimated Value: $895,958 - $1,260,000

Studio
-- Bath
1,811 Sq Ft
$630/Sq Ft Est. Value

About This Home

This home is located at 24 Madison Ave, Summit, NJ 07901 and is currently estimated at $1,140,990, approximately $630 per square foot. 24 Madison 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
Jul 15, 1999
Sold by
Horan Brian and Horan Lisa D
Bought by
Franz Lawrence W and Franz Lorraine H
Current Estimated Value
$1,140,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,000
Outstanding Balance
$83,391
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,057,599

Purchase Details

Closed on
Jul 15, 1998
Sold by
Insinger William E
Bought by
Horan Brian and Horan Lisa D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Interest Rate
6.98%
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
Franz Lawrence W $397,500 --
Horan Brian $320,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Franz Lawrence W $318,000
Previous Owner Horan Brian $295,000
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 $12,428 $285,300 $155,000 $130,300
2024 $12,345 $285,300 $155,000 $130,300
2023 $12,345 $285,300 $155,000 $130,300
2022 $12,316 $285,300 $155,000 $130,300
2021 $12,316 $285,300 $155,000 $130,300
2020 $12,439 $285,300 $155,000 $130,300
2019 $12,453 $285,300 $155,000 $130,300
2018 $12,373 $285,300 $155,000 $130,300
2017 $12,453 $285,300 $155,000 $130,300
2016 $12,271 $285,300 $155,000 $130,300
2015 $12,031 $285,300 $155,000 $130,300
2014 $11,720 $285,300 $155,000 $130,300
Source: Public Records

Map

New Jersey Union County Summit 07901

24 Madison Ave, Summit, NJ

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