NOT LISTED FOR SALE

2408 Summit Ave Unit 3 Union City, NJ 07087

Estimated Value: $636,000 - $679,206

3 Beds
2 Baths
1,893 Sq Ft
$347/Sq Ft Est. Value

Last Sold March 23, 2020

Last sale price $549,000 $290 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $4,791/month

About This Home

As of March 2020

Welcome home to this 1893 sq ft 3 bedroom/2 bath unit mins away from NYC! This spacious sunlit unit with east and west exposure has an open layout with a gourmet kitchen with stainless steel appliances. The home features hardwood floors, central HVAC, and a washer/dryer room. The extra-large primary suite has a custom walk-in closet and en suite bathroom with a double sink and separate tub and shower. Enjoy a view of New York City with a large terrace off the primary suite. Two additional spacious bedrooms have large closets. Parking included. Easy access to NYC transportation near restaurants, and schools.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 4, 2025
Sold by
Adediran Adeyemi and Mora Adora
Bought by
Vayalil Javed Roshan Onam
Current Estimated Value
$657,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Outstanding Balance
$618,966
Interest Rate
6.93%
Mortgage Type
New Conventional
Estimated Equity
$93,363

Purchase Details

Closed on
Jul 2, 2020
Sold by
Sarro Nicole and Sarro P J
Bought by
Summit Avenue Condominiums

Purchase Details

Listed on
Jan 7, 2020
Closed on
Mar 11, 2020
Sold by
Baqul Disha Ai
Bought by
Adediran Adeyemi and Mora Adora
Seller's Agent
Saquib Rahim
COLDWELL BANKER REALTY
Buyer's Agent
Victor Jalinos
LIBERTY REALTY LLC
List Price
$549,000
Sold Price
$549,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.10%
Original Mortgage
$439,200
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 13, 2014
Closed on
Nov 25, 2014
Sold by
Minas Builders & Development Llc
Bought by
Baqui Disha Al
Seller's Agent
RAN BIDERMAN
GROUP TWENTY SIX LLC
Buyer's Agent
NON-MEMBER NON-MEMBER
NON-MEMBER
List Price
$429,000
Sold Price
$405,000
Premium/Discount to List
-$24,000
-5.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.87%
Original Mortgage
$324,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Vayalil Javed Roshan Onam $650,000 American Land Title
Vayalil Javed Roshan Onam $650,000 American Land Title
Summit Avenue Condominiums -- None Listed On Document
Adediran Adeyemi $549,000 Old Republic Title
Baqui Disha Al $405,000 Agent For Old Republic Natl
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vayalil Javed Roshan Onam $620,000
Closed Vayalil Javed Roshan Onam $620,000
Previous Owner Adediran Adeyemi $439,200
Previous Owner Baqui Disha Al $324,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2023 12/17/23 Rented $3,500 0.0% --
11/30/2023 11/30/23 For Rent $3,500 0.0% --
03/23/2020 03/23/20 Sold $549,000 0.0% $295 / Sq Ft
02/02/2020 02/02/20 Pending -- -- --
01/07/2020 01/07/20 For Sale $549,000 +35.6% $295 / Sq Ft
11/25/2014 11/25/14 Sold $405,000 -5.6% $238 / Sq Ft
09/17/2014 09/17/14 Pending -- -- --
08/13/2014 08/13/14 For Sale $429,000 -- $252 / Sq Ft

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 $15,622 $526,700 $194,400 $332,300
2023 $15,622 $203,200 $37,700 $165,500
2022 $15,059 $203,200 $37,700 $165,500
2021 $15,006 $203,200 $37,700 $165,500
2020 $14,836 $203,200 $37,700 $165,500
2019 $2,678 $37,700 $37,700 $0
2018 $2,628 $37,700 $37,700 $0
2017 $2,603 $37,700 $37,700 $0
2016 $2,598 $37,700 $37,700 $0
2015 $2,553 $37,700 $37,700 $0
Source: Public Records

Agents Affiliated with this Home

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