NOT LISTED FOR SALE

2516 Summit Ave Unit 2 Union City, NJ 07087

Estimated Value: $865,000 - $1,025,000

3 Beds
2 Baths
1,100 Sq Ft
$845/Sq Ft Est. Value

About This Home

This home is located at 2516 Summit Ave Unit 2, Union City, NJ 07087 and is currently estimated at $929,029, approximately $844 per square foot. 2516 Summit Ave Unit 2 is a home located in Hudson County with nearby schools including Robert Waters School, Sara M. Gilmore Academy, and Jose Marti Freshman Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 19, 2022
Sold by
Gallo Christopher and Sanderson Andrew
Bought by
Tse Wesley
Current Estimated Value
$929,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$708,000
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2015
Sold by
Ucnj Capital Llc
Bought by
Sanderson Andrew and Gallo Christopher

Purchase Details

Closed on
Oct 2, 2008
Sold by
Peneque Jorge L
Bought by
La Especial Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$442,000
Interest Rate
6.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 5, 2008
Sold by
Alfano Magaly
Bought by
Paneque Jorge L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 28, 2004
Sold by
David P Realty Llc
Bought by
Lemagne Magaly

Purchase Details

Closed on
Jun 22, 2004
Sold by
Ramos Rafael and Ramos Meris M
Bought by
David P Realty Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Tse Wesley $885,000 Hudson United Title Services
Sanderson Andrew $500,000 Multiple
La Especial Llc -- --
Paneque Jorge L $650,000 None Available
Lemagne Magaly -- --
David P Realty Llc $400,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tse Wesley $708,000
Previous Owner La Especial Llc $442,000
Previous Owner Paneque Jorge L $75,000
Source: Public Records

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 $15,259 $840,100 $281,100 $559,000
2024 $16,406 $825,700 $274,000 $551,700
2023 $16,406 $213,400 $63,000 $150,400
2022 $15,815 $213,400 $63,000 $150,400
2021 $15,760 $213,400 $63,000 $150,400
2020 $15,580 $213,400 $63,000 $150,400
2019 $15,158 $213,400 $63,000 $150,400
2018 $14,874 $213,400 $63,000 $150,400
2017 $14,733 $213,400 $63,000 $150,400
2016 $14,703 $213,400 $63,000 $150,400
2015 $14,449 $213,400 $63,000 $150,400
2014 $14,136 $213,400 $63,000 $150,400
Source: Public Records

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