$1,222,941
SOLD FEB 13, 2025

268 Ashland Rd Summit, NJ 07901

3 Beds
3 Baths
-- Sq Ft
0.51 Acres

Recently Sold

28% Below List Price

107 Days on Market

About This Home

As of February 2025

This home is located at 268 Ashland Rd, Summit, NJ 07901 and is currently priced at $1,222,941. This property was built in 1960. 268 Ashland Rd is a home located in Union County with nearby schools including L C Johnson Summit Middle School, Summit Sr High School, and Oak Knoll School of the Holy Child.

Last Agent to Sell the Property

Deborah Lupton

PROMINENT PROPERTIES SIR Brokerage Phone: 908-273-8808 Listed on: 10/02/2024

PROMINENT PROPERTIES SIR

Last Buyer's Agent

Deborah Lupton

PROMINENT PROPERTIES SIR Brokerage Phone: 908-273-8808 Listed on: 10/02/2024

PROMINENT PROPERTIES SIR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,383

Year Built

  • Built in 1960

Lot Details

  • 0.51 Acre Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,383

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Year Built: 1960
  • County Name: Union
  • Street Number Display: 268/270
  • I D: 5316237
  • Modified: 2025-02-13
  • Number Images: 0
  • Attribution Contact: 908-273-8808
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 2.20

Lot Info

  • Lot Size: .507
  • Total Acres: 0.51

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2024
Closed on
Feb 13, 2025
Sold by
Gianis Stephen J
Bought by
Linden Place-Rtr Llc
Seller's Agent
Deborah Lupton
PROMINENT PROPERTIES SIR
Buyer's Agent
Deborah Lupton
PROMINENT PROPERTIES SIR
List Price
$1,695,000
Sold Price
$1,222,941
Premium/Discount to List
-$472,059
-27.85%
Total Days on Market
107
Views
111
Current Estimated Value
$1,192,928

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$30,013
Avg. Annual Appreciation
-7.05%
Original Mortgage
$800,000
Outstanding Balance
$798,656
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$394,272

Purchase Details

Listed on
Oct 2, 2024
Closed on
Feb 5, 2025
Sold by
Gianis John T and Gianis Thomas J
Bought by
Linden Place-Rtr Llc
Seller's Agent
Deborah Lupton
PROMINENT PROPERTIES SIR
Buyer's Agent
Deborah Lupton
PROMINENT PROPERTIES SIR
List Price
$1,695,000
Sold Price
$1,222,941
Premium/Discount to List
-$472,059
-27.85%
Views
111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Outstanding Balance
$798,656
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$394,272
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed -- Chicago Title
Quit Claim Deed $815,294 Chicago Title
Deed -- Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $800,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2025 02/13/25 Sold $1,222,941 -18.5% --
01/17/2025 01/17/25 Pending -- -- --
10/30/2024 10/30/24 Price Changed $1,500,000 -11.5% --
10/02/2024 10/02/24 For Sale $1,695,000 -- --
Source: Garden State 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
2024 $23,383 $540,400 $235,300 $305,100
2023 $23,383 $540,400 $235,300 $305,100
2022 $23,145 $540,400 $235,300 $305,100
2021 $23,329 $540,400 $235,300 $305,100
2020 $23,561 $540,400 $235,300 $305,100
2019 $23,588 $540,400 $235,300 $305,100
2018 $23,437 $540,400 $235,300 $305,100
2017 $23,588 $540,400 $235,300 $305,100
2016 $23,243 $540,400 $235,300 $305,100
2015 $22,539 $540,400 $235,300 $305,100
2014 $21,950 $540,400 $235,300 $305,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3927227

Garden State MLS

APN: 18-05303-0000-00002