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
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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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
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
Map
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