NOT LISTED FOR SALE

2600 Summit Ave Union City, NJ 07087

Estimated Value: $8,197,000

4 Beds
-- Bath
2,500 Sq Ft
$3,279/Sq Ft Est. Value

About This Home

This home is located at 2600 Summit Ave, Union City, NJ 07087 and is currently estimated at $8,197,000, approximately $3,278 per square foot. 2600 Summit Ave 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 13, 2017
Sold by
2600 Summit Ave Llc
Bought by
2600 Summit Ave Hcpv Llc
Current Estimated Value
$8,197,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,625,000
Outstanding Balance
$12,418,376
Interest Rate
3.91%
Mortgage Type
Commercial
Estimated Equity
-$5,345,376

Purchase Details

Closed on
Mar 6, 2009
Sold by
South Rim Llc
Bought by
2600 Summit Ave Llc

Purchase Details

Closed on
Jun 2, 2005
Sold by
353-359 Kearny Avenue Associates Llc
Bought by
South Rim Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,020,000
Interest Rate
5.78%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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
2600 Summit Ave Hcpv Llc $6,050,000 Old Republic Natl Title Ins
Ehrmfrie Llc -- Madison Title Agency Llc
2600 Summit Ave Llc $3,200,000 --
South Rim Llc $2,535,000 Landmark Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2600 Summit Ave Hcpv Llc $5,280,000
Open 517 30Th St Hcpv Llc $14,625,000
Previous Owner 2600 Summit Ave Llc $3,650,000
Previous Owner 2600 Summit Ave Llc $2,435,000
Previous Owner South Rim Llc $2,020,000
Previous Owner 353-359 Kearny Avenue Associates Llc $1,500,000
Previous Owner Monde Inc $575,000
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
2024 $94,562 $7,168,800 $2,640,000 $4,528,800
2023 $94,562 $1,230,000 $470,000 $760,000
2022 $91,155 $1,230,000 $470,000 $760,000
2021 $90,836 $1,230,000 $470,000 $760,000
2020 $89,802 $1,230,000 $470,000 $760,000
2019 $87,367 $1,230,000 $470,000 $760,000
2018 $85,731 $1,230,000 $470,000 $760,000
2017 $84,919 $1,230,000 $470,000 $760,000
2016 $84,747 $1,230,000 $470,000 $760,000
2015 $80,147 $1,230,000 $470,000 $760,000
2014 $78,363 $1,220,000 $470,000 $750,000
Source: Public Records

Map

New Jersey Hudson County Union City 07087

2600 Summit Ave, Union City, NJ

This home is located at 2600 Summit Ave, Union City, NJ 07087 and is currently estimated at $8,197,000, approximately $3,278 per square foot. 2600 Summit Ave 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.

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