NOT LISTED FOR SALE

2506 Summit Ave Unit 1 Union City, NJ 07087

Estimated Value: $477,000 - $601,000

3 Beds
2 Baths
1,392 Sq Ft
523 Sq Ft Lot

Last Sold July 01, 2022

Last sale price $485,000 $348 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,731/month

Highlights

  • Property is near a park
  • Terrace
  • Living Room
  • Sara M. Gilmore Academy Rated A-
  • 1 Car Attached Garage
  • Dining Room

About This Home

As of July 2022

Beautifully maintained and renovated MODERN 3 bedroom 2 bathroom condo in the heart of Union City! Located in a small & quiet condo building - #1 of 3 units with a LOW monthly HOA. Newly refinished hardwood floors throughout. Open Concept Living and Entertaining Space. Pristine kitchen with Breakfast Bar, sparkling granite countertops, and SS appliances. Oversized Bedrooms. Primary Bedroom large enough for KING sized furniture and features its own Private En-Suite full bathroom, Walk-In-Closet, and SPACIOUS balcony. 2 additional spacious bedrooms with plenty of closet space. Washer / Dryer in Unit! Garage Parking Space included. Ideal location steps away from transportation into NYC. Be in Midtown in MINUTES.

Last Agent to Sell the Property

Taylor Lucyk

CHRISTIE'S INTERNATIONAL REAL ESTATE GRP License #1646747 Listed on: 05/12/2022

Last Buyer's Agent

Ayush Singh

PRESTIGE PROPERTIES License #2184683

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,170

Lot Details

  • 523

Parking

  • 1 Car Attached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,392 Sq Ft Home
  • Living Room
  • Dining Room
  • Washer and Dryer

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Location

  • Property is near a park
  • Property is near public transit
  • Property is near schools
  • Property is near shops
  • Property is near a bus stop

Additional Features

  • Terrace
  • Heating System Uses Gas

Community Details

  • Association fees include parking

Listing and Financial Details

  • Assessor Parcel Number 11069

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,170

Lot Details

0

Listing Details

  • Class: CONDO-COOP
  • Type: Condominium
  • Miscellaneous: Near Train, Near Shopping, Near Bus, Near Parks, Near Schools
  • Assessor Parcel Number: 11069
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Number: 1
  • Appliances Included: Dishwasher, Microwave, Refrigerator, Washer/Dryer, Oven/Range Gas
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Bedrooms: 3
  • Total Rooms: 6
  • Total Number Dining Rooms: 1
  • Total Number Kitchens: 1
  • Total Number Living Rooms: 1
  • Level 1 Number Bedrooms: 3
  • Level 1 Number Dining Rooms: 1
  • Level 1 Full Bathrooms: 2
  • Level1 Number Kitchens: 1
  • Level 1 Number Living Rooms: 1
  • Estimated Sq Ft: 1392
  • Price Per Sq Ft: 348.42

Exterior Features

  • Exterior Finish: Brick

Garage/Parking

  • Parking Available: 1 Car, Attached, Garage

Utilities

  • Heating/Cooling: Hot Air, Gas

Association/Amenities

  • Amenities Included: Terrace

Condo/Co-op/Association

  • Maintenance Fee Includes: Parking

Lot Info

  • Geo Address Line: 2506 Summit Ave
  • Geo Primary City: Union City
  • Geo Quality: 0.95
  • Geo Update Timestamp: 05/12/2022
  • Geo Zoom Level: 16

Tax Info

  • Taxes: 9170

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2022
Closed on
Jun 21, 2022
Sold by
Su Da Management Llc
Bought by
Tian Peiwei
Seller's Agent
Taylor Lucyk
CHRISTIE'S INTERNATIONAL REAL ESTATE GRP
Buyer's Agent
Ayush Singh
PRESTIGE PROPERTIES
List Price
$485,000
Sold Price
$485,000
Current Estimated Value
$564,489

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,489
Avg. Annual Appreciation
4.71%
Original Mortgage
$436,500
Outstanding Balance
$414,674
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$149,815

Purchase Details

Closed on
Dec 14, 2017
Sold by
Meridian Construction Llc
Bought by
Su Da Management 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
Tian Peiwei $485,000 Natic North American Title
Tian Peiwei $485,000 Natic North American Title
Su Da Management Llc $315,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tian Peiwei $436,500
Closed Tian Peiwei $436,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2022 07/01/22 Sold $485,000 0.0% $348 / Sq Ft
05/18/2022 05/18/22 Pending -- -- --
05/12/2022 05/12/22 For Sale $485,000 -- $348 / Sq Ft
Source: Hudson County 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 $8,852 $492,900 $214,200 $278,700
2024 $9,656 $479,000 $204,000 $275,000
2023 $9,656 $125,600 $20,400 $105,200
2022 $9,308 $125,600 $20,400 $105,200
2021 $9,276 $125,600 $20,400 $105,200
2020 $9,170 $125,600 $20,400 $105,200
2019 $8,921 $125,600 $20,400 $105,200
2018 $8,754 $125,600 $20,400 $105,200
2017 $8,671 $125,600 $20,400 $105,200
2016 $8,654 $125,600 $20,400 $105,200
2015 $8,504 $20,400 $20,400 $0
2014 $1,351 $20,400 $20,400 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2022

    Taylor Lucyk

    CHRISTIE'S INTERNATIONAL REAL ESTATE GRP

    (201) 476-4777

    28 in this area

    210 Total Sales

    Taylor Lucyk
    Section Image
  • Ayush Singh

    Buyer's Agent in 2022

    Ayush Singh

    PRESTIGE PROPERTIES

    (201) 844-2283

    1 in this area

    35 Total Sales

    Ayush Singh
    Section Image
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Map

Source: Hudson County MLS

MLS Number: 220008572

Hudson County MLS

APN: 10-00144-02-00004-0000-C0001

New Jersey Hudson County Union City 07087

2506 Summit Ave Unit 1, Union City, NJ

This home is located at 2506 Summit Ave Unit 1, Union City, NJ 07087 since 12 May 2022 and is currently estimated at $564,489, approximately $405 per square foot. 2506 Summit Ave Unit 1 is a home located in Hudson County with nearby schools including Robert Waters School, Sara M. Gilmore Academy, and Jose Marti Freshman Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Hudson County MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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