NOT LISTED FOR SALE

30 Woodland Ave Summit, NJ 07901

Estimated Value: $2,219,762

Studio
6 Baths
-- Sq Ft
8,233 Sq Ft

Last Sold August 23, 2023

Last sale price $1,850,000

Est. 20% increase in value since last sale

Current estimated payment $13,492/month

47 Days on Market

About This Home

As of August 2023

Welcome to this unique property located in the heart of Summit's vibrant downtown shops, restaurants, cafes and Summit Train with express to NYC. Currently a licensed legal rooming house/mixed use, commercial space. Featuring 15 bedrooms, 5 full baths and 4 room office space with 1 full bath. Refinished Hardwood floors and freshly painted through out. Potential to convert into luxury apartments, buyer responsible for township variances and approvals. Property sold , "AS-IS. Property delivered VACANT.

Last Agent to Sell the Property

Aisha Kaloshi

Coldwell Banker, Summit Listed on: 05/04/2023

Coldwell Banker, Summit

Last Buyer's Agent

Outside Agent

Outside Office

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $24,873

Lot Details

  • 8,233

Home Design

  • Asphalt

Property Details

Property Type

Other

Est. Annual Taxes

$24,873

Lot Details

8,233 Sq Ft Lot

Listing Details

  • Property Type: 5+ Mixed Use
  • Co List Office Phone: (908) 522-1800
  • MLS Status: Sold - Sold
  • Directions: Summit Ave to Deforest to Woodland Ave
  • Year Built Details: 1900-1939,Build Prior to 1978
  • PropertySubTypeAdditional: Ofc/Apt
  • Special Features: None
  • Property Sub Type: Other

Exterior Features

  • Roof: Asphalt

Lot Info

  • Lot: 00009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2023
Closed on
Aug 18, 2023
Sold by
Penney Christopher
Bought by
Dang Xin and Ying Yu-Lan Mary
Seller's Agent
Aisha Kaloshi
Coldwell Banker, Summit
Buyer's Agent
Outside Agent
Outside Office
List Price
$2,100,000
Sold Price
$1,850,000
Premium/Discount to List
-$250,000
-11.9%
Views
173
Current Estimated Value
$2,219,762

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$369,762
Avg. Annual Appreciation
7.47%
Original Mortgage
$1,387,500
Interest Rate
7.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 1995
Sold by
Froehlich Ralph
Bought by
Blazo John R
Source: Public Records
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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
Dang Xin $1,850,000 Simplicity Title
Dang Xin $1,850,000 Simplicity Title
Blazo John R $402,837 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dang Xin $1,387,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2023 08/23/23 Sold $1,850,000 -7.3% --
06/20/2023 06/20/23 Pending -- -- --
06/06/2023 06/06/23 Price Changed $1,995,000 -5.0% --
05/04/2023 05/04/23 For Sale $2,100,000 -- --
Source: New Jersey MLS

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 $25,094 $552,000 $341,000 $211,000
2024 $24,934 $552,000 $341,000 $211,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 23013181

New Jersey MLS

APN: 18-01904-0000-00009

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