NOT LISTED FOR SALE

2901 Summit Ave Unit 2 Union City, NJ 07087

Estimated Value: $742,000 - $844,593

2 Beds
3 Baths
-- Sq Ft
3,049 Sq Ft Lot

Last Sold July 13, 2022

Last sale price $660,000

Est. 19% increase in value since last sale

Current estimated payment $5,304/month

29 Days on Market

About This Home

As of July 2022

This home is located at 2901 Summit Ave Unit 2, Union City, NJ 07087 since 23 February 2022 and is currently estimated at $782,898. This property was built in 1908. 2901 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.

Last Agent to Sell the Property

Marcia Franco

EXIT REALTY LUCKY ASSOCIATES Brokerage Phone: 973-817-7700 Listed on: 02/23/2022

EXIT REALTY LUCKY ASSOCIATES

Last Buyer's Agent

WILMIN BAEZ-TERRERO

ACCESS HOME REALTY

ACCESS HOME REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,034

Year Built

  • Built in 1908

Lot Details

  • 3,049 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,034

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Year Built: 1908
  • County Name: Hudson
  • I D: 5131488
  • Attribution Contact: 973-817-7700
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 33X94
  • Total Acres: 0.07

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2022
Closed on
Jul 6, 2022
Sold by
Sanchez Leticia
Bought by
Cordero Lucila Sanchez and Maridno Wester Jimenez
Seller's Agent
Marcia Franco
EXIT REALTY LUCKY ASSOCIATES
Buyer's Agent
WILMIN BAEZ-TERRERO
ACCESS HOME REALTY
List Price
$600,000
Sold Price
$660,000
Premium/Discount to List
$60,000
10%
Current Estimated Value
$782,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,898
Avg. Annual Appreciation
5.20%
Original Mortgage
$648,045
Outstanding Balance
$618,446
Interest Rate
5.78%
Mortgage Type
FHA
Estimated Equity
$164,452

Purchase Details

Closed on
Jun 3, 2005
Sold by
Rios Carlos Garcia and Garcia Zulma
Bought by
Tolentino Norma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,750
Interest Rate
5.3%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 31, 2001
Sold by
Chen Hsin Chu and Loh Lee Yung
Bought by
Garcia Carlos and Garcia Zulma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,307
Interest Rate
7.1%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cordero Lucila Sanchez $660,000 --
Cordero Lucila Sanchez $660,000 None Listed On Document
Tolentino Norma $405,000 Chicago Title Insurance Co
Garcia Carlos $239,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cordero Lucila Sanchez $648,045
Closed Cordero Lucila Sanchez $648,045
Previous Owner Tolentino Norma $60,750
Previous Owner Tolentino Norma $324,000
Previous Owner Garcia Carlos $235,307
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/13/2022 07/13/22 Sold $660,000 +10.0% --
03/24/2022 03/24/22 Pending -- -- --
02/23/2022 02/23/22 For Sale $600,000 -- --
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
2025 $14,034 $775,900 $285,400 $490,500
2024 $14,984 $759,400 $278,200 $481,200
2023 $14,984 $194,900 $102,600 $92,300
2022 $14,444 $194,900 $102,600 $92,300
2021 $14,393 $194,900 $102,600 $92,300
2020 $14,230 $194,900 $102,600 $92,300
2019 $13,844 $194,900 $102,600 $92,300
2018 $13,585 $194,900 $102,600 $92,300
2017 $13,456 $194,900 $102,600 $92,300
2016 $13,429 $194,900 $102,600 $92,300
2015 $12,700 $194,900 $102,600 $92,300
2014 $12,417 $194,900 $102,600 $92,300
Source: Public Records

Agents Affiliated with this Home

  • Marcia Franco

    Seller's Agent in 2022

    Marcia Franco

    EXIT REALTY LUCKY ASSOCIATES

    (201) 486-3161

    1 in this area

    21 Total Sales

    Marcia Franco
    Section Image
  • WILMIN BAEZ-TERRERO

    Buyer's Agent in 2022

    WILMIN BAEZ-TERRERO

    ACCESS HOME REALTY

    (201) 406-1902

    2 in this area

    50 Total Sales

    WILMIN BAEZ-TERRERO
    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3765385

Garden State MLS

APN: 10-00158-0000-00011

New Jersey Hudson County Union City 07087

2901 Summit Ave Unit 2, Union City, NJ

Not Listed for Sale

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.

Garden State MLS The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.
Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.



This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

Nearby Homes