NOT LISTED FOR SALE

24 Summit Ave Elmwood Park, NJ 07407

Estimated Value: $586,000 - $761,000

6 Beds
2.5 Baths
-- Sq Ft
5,001 Sq Ft Lot

Last Sold December 18, 2023

Last sale price $676,011

Est. 5% increase in value since last sale

Current estimated payment $4,715/month

31 Days on Market

About This Home

As of December 2023

There are 6 bedrooms and 2.5 bathrooms in this Two-Family house. Over 4000 square feet are used as living space altogether. Public transportation and a school are both conveniently located. Complete renovation of the apartment on the second floor includes new floors, granite countertops with backsplashes, and a new 6-foot vanity with granite top. Two units with separate entrances and separate utilities. The roof was installed in 2008 with a 25-year warranty. All sidings are aluminum. Large full-size basement with over 9 feet ceiling height and over 1200 square feet, lots of storage places. Washer Dryer in basement small bathroom in basement one bedroom in basement with two walking closets. Two separate heating units and hot water tanks for both floors. Large size two car garage with lots of storage shelves.

Last Agent to Sell the Property

Domenique Tozzo Rule

NJ Real Estate Boutique, LLC Listed on: 10/02/2023

Co-Listed By

Mikaela Arpino

NJ Real Estate Boutique, LLC

Last Buyer's Agent

Tamanna Rakholia

Keller Williams City Views Realty

Keller Williams City Views Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,108

Lot Details

  • 5,001

Parking

  • 2 Car Garage

Home Design

Bedrooms and Bathrooms

  • 6 Bedrooms

Additional Features

  • Laundry in Basement
  • 5,001 Sq Ft Lot

Listing and Financial Details

  • Legal Lot and Block 00004 / 00607

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,108

Lot Details

0

Parking

2

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Basement
  • Co List Office Phone: (973) 866-5125
  • MLS Status: Sold - Sold
  • Directions: use GPS
  • Architectural Style: 2 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 6

Exterior Features

  • Disclosures: Transaction Broker, Seller Disclosure - No

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Utilities: See Remarks, Sep Heat

Lot Info

  • Lot Size Sq Ft: 5001.0

Tax Info

  • Tax Annual Amount: 10108.0
  • Tax Block: 00607
  • Tax Lot: 00004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2023
Closed on
Nov 29, 2023
Sold by
Gajera Radhika Nayanesh
Bought by
Engineer Yash and Panchal Bhartiben Navnitlal
Seller's Agent
Domenique Tozzo Rule
NJ Real Estate Boutique, LLC
Buyer's Agent
Tamanna Rakholia
Keller Williams City Views Realty
List Price
$749,000
Sold Price
$676,011
Premium/Discount to List
-$72,989
-9.74%
Views
24
Current Estimated Value
$709,386

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,375
Avg. Annual Appreciation
3.86%
Original Mortgage
$526,000
Interest Rate
7.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 23, 2023
Sold by
Patolia Ashok
Bought by
Gajera Radhika Nayanesh

Purchase Details

Closed on
Jul 30, 2003

Purchase Details

Closed on
Mar 1, 1999
Sold by
First Street Builders Llc
Bought by
Patolia Bhikhabhai and Patolia Devendra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
6.73%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 2, 1998
Sold by
Curci Michael and Curci Primina
Bought by
First Street Builders Llc
Source: Public Records

Range of Values:

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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
Engineer Yash $676,011 Tohickon Settlement Services
Gajera Radhika Nayanesh $600,000 None Listed On Document
-- -- --
Patolia Bhikhabhai $220,000 --
First Street Builders Llc $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Engineer Yash $515,000
Closed Engineer Yash $526,000
Previous Owner Patolia Ashok $167,000
Previous Owner Patolia Devendra B $375,000
Previous Owner Patolia Bhikhabhai $176,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2023 12/18/23 Sold $676,011 -9.7% --
11/02/2023 11/02/23 Pending -- -- --
10/02/2023 10/02/23 For Sale $749,000 -- --
Source: New Jersey 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 $10,300 $335,600 $200,000 $135,600
2024 $10,041 $335,600 $200,000 $135,600
2023 $10,108 $335,600 $200,000 $135,600
2022 $10,108 $335,600 $200,000 $135,600
2021 $10,155 $335,600 $200,000 $135,600
2020 $10,075 $335,600 $200,000 $135,600
2019 $9,904 $335,600 $200,000 $135,600
2018 $9,810 $335,600 $200,000 $135,600
2017 $9,695 $335,600 $200,000 $135,600
2016 $9,494 $335,600 $200,000 $135,600
2015 $9,340 $335,600 $200,000 $135,600
2014 $9,058 $335,600 $200,000 $135,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 23030412

New Jersey MLS

APN: 11-00607-0000-00004