NOT LISTED FOR SALE

29 N Summit Ave Chatham, NJ 07928

Estimated Value: $1,029,000 - $1,309,000

4 Beds
2 Baths
1,856 Sq Ft
$649/Sq Ft Est. Value

Last Sold June 17, 2024

Last sale price $1,110,000 $598 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $7,428/month

11 Days on Market

About This Home

As of June 2024

This home is located at 29 N Summit Ave, Chatham, NJ 07928 since 02 February 2024 and is currently estimated at $1,204,303, approximately $648 per square foot. This property was built in 1924. 29 N Summit Ave is a home located in Morris County with nearby schools including Chatham High School, St. Patrick School, and ECLC of New Jersey.

Last Agent to Sell the Property

DARREN MCDONOUGH

KELLER WILLIAMS METROPOLITAN Brokerage Phone: 973-539-1120 Listed on: 02/02/2024

Last Buyer's Agent

XIAOXING ZHAO

COMPASS NEW JERSEY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,030

Year Built

  • Built in 1924

Lot Details

  • 6,098 Sq Ft Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,030

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Year Built: 1924
  • County Name: Morris
  • I D: 5265822
  • Attribution Contact: 973-539-1120
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 1.10

Lot Info

  • Lot Size: 50X125
  • Total Acres: 0.14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2024
Closed on
Jun 12, 2024
Sold by
Howell Jenny-Lee and Tritsch Nicolas X
Bought by
Rong Jinzhou and Du Fang
Seller's Agent
DARREN MCDONOUGH
KELLER WILLIAMS METROPOLITAN
Buyer's Agent
XIAOXING ZHAO
COMPASS NEW JERSEY, LLC
List Price
$899,900
Sold Price
$1,110,000
Premium/Discount to List
$210,100
23.35%
Views
45
Current Estimated Value
$1,204,303

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,303
Avg. Annual Appreciation
5.87%
Original Mortgage
$800,000
Outstanding Balance
$789,137
Interest Rate
7.38%
Mortgage Type
New Conventional
Estimated Equity
$415,166

Purchase Details

Listed on
Nov 18, 2015
Closed on
Nov 12, 2015
Sold by
Willmann Mark E and Willmann Kathryn L
Bought by
Howell Jenny Lee and Tritsch Nicolas
Seller's Agent
JEANNE ROGALIN
KELLER WILLIAMS REALTY
Buyer's Agent
Mitchell Ross
KELLER WILLIAMS TOWNE SQUARE REAL
Sold Price
$715,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.25%
Original Mortgage
$75,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 6, 2006
Sold by
Christofferson Thomas
Bought by
Willmann Mark and Willmann Kathryn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rong Jinzhou $1,110,000 None Listed On Document
Rong Jinzhou $1,110,000 None Listed On Document
Howell Jenny Lee $715,000 Chicago Title Insurance Comp
Willmann Mark $685,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rong Jinzhou $800,000
Closed Rong Jinzhou $800,000
Previous Owner Howell Jenny Lee $75,000
Previous Owner Willmann Mark $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/17/2024 06/17/24 Sold $1,110,000 +23.3% $598 / Sq Ft
02/22/2024 02/22/24 Pending -- -- --
02/10/2024 02/10/24 For Sale $899,900 +25.9% $485 / Sq Ft
11/18/2015 11/18/15 Sold $715,000 -- $385 / Sq Ft View Prior Sale
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
2025 $13,030 $804,800 $543,800 $261,000
2024 $12,507 $804,800 $543,800 $261,000
2023 $12,507 $804,800 $543,800 $261,000
2022 $12,153 $568,700 $378,800 $189,900
2021 $12,153 $568,700 $378,800 $189,900
2020 $12,051 $568,700 $378,800 $189,900
2019 $11,965 $568,700 $378,800 $189,900
2018 $11,630 $568,700 $378,800 $189,900
2017 $11,294 $568,700 $378,800 $189,900
2016 $10,894 $563,300 $378,800 $184,500
2015 $10,765 $554,800 $378,800 $176,000
2014 $10,525 $554,800 $378,800 $176,000
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2024

    DARREN MCDONOUGH

    KELLER WILLIAMS METROPOLITAN

  • X

    Buyer's Agent in 2024

    XIAOXING ZHAO

    COMPASS NEW JERSEY, LLC

  • J

    Seller's Agent in 2015

    JEANNE ROGALIN

    KELLER WILLIAMS REALTY

  • M

    Buyer's Agent in 2015

    Mitchell Ross

    KELLER WILLIAMS TOWNE SQUARE REAL

    (201) 841-1222

    26 Total Sales

    Mitchell Ross
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Map

Source: Garden State MLS

MLS Number: 3884245

Garden State MLS

APN: 04-00055-0000-00040

New Jersey Morris County Chatham 07928

29 N Summit Ave, Chatham, NJ

Not Listed for Sale

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