NOT LISTED FOR SALE

290 Summit Ave Summit, NJ 07901

Estimated Value: $4,169,000 - $5,189,000

-- Bed
-- Bath
5,779 Sq Ft
$802/Sq Ft Est. Value

About This Home

This home is located at 290 Summit Ave, Summit, NJ 07901 and is currently estimated at $4,633,524, approximately $801 per square foot. 290 Summit Ave is a home located in Union County with nearby schools including L C Johnson Summit Middle School, Summit Sr High School, and Kent Place School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 15, 2009
Sold by
Welch John and Welch Debbie A
Bought by
Volpe Christopher and Volpe Jean Marie
Current Estimated Value
$4,633,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,540,000
Interest Rate
4.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 23, 1995
Sold by
Fahnestock Kenneth E and Fahnestock Jane S
Bought by
Welch John and Welch Debbie A
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

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Volpe Christopher $2,200,000 First American Title Ins Co
Welch John $1,200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Volpe Christopher $1,300,000
Closed Volpe Christopher $1,552,000
Closed Volpe Christopher $1,540,000
Previous Owner Welch John $2,700,000
Previous Owner Welch John $900,000
Previous Owner Welch John H $650,000
Previous Owner Welch John H $200,000
Previous Owner Welch John $350,000
Previous Owner Welch John $200,000
Previous Owner Welch John $100,000
Previous Owner Welch John H $1,300,000
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 $47,597 $1,450,100 $685,900 $764,200
2023 $47,597 $1,100,000 $685,900 $414,100
2022 $47,113 $1,100,000 $685,900 $414,100
2021 $47,487 $1,100,000 $685,900 $414,100
2020 $47,960 $1,100,000 $685,900 $414,100
2019 $48,015 $1,100,000 $685,900 $414,100
2018 $47,707 $1,100,000 $685,900 $414,100
2017 $48,015 $1,100,000 $685,900 $414,100
2016 $47,311 $1,100,000 $685,900 $414,100
2015 $46,387 $1,100,000 $685,900 $414,100
2014 $45,188 $1,100,000 $685,900 $414,100
Source: Public Records

Map

New Jersey Union County Summit 07901

290 Summit Ave, Summit, NJ

This home is located at 290 Summit Ave, Summit, NJ 07901 and is currently estimated at $4,633,524, approximately $801 per square foot. 290 Summit Ave is a home located in Union County with nearby schools including L C Johnson Summit Middle School, Summit Sr High School, and Kent Place School.

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