NOT LISTED FOR SALE

304 Springfield Ave Summit, NJ 07901

Estimated Value: $929,092 - $1,395,000

Studio
-- Bath
2,673 Sq Ft
$441/Sq Ft Est. Value

Last Sold June 30, 2017

Last sale price $723,000 $270 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $7,260/month

78 Days on Market

About This Home

As of June 2017

This home is located at 304 Springfield Ave, Summit, NJ 07901 since 12 April 2017 and is currently estimated at $1,177,773, approximately $440 per square foot. 304 Springfield 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.

Last Agent to Sell the Property

LORI DAHL

COLDWELL BANKER REALTY Brokerage Phone: 908-522-1800 Listed on: 04/12/2017

Property Details

Home Type

  • Multi-Family

Lot Details

  • 4,792 Sq Ft Lot

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • County Name: Union
  • I D: 4704348
  • Attribution Contact: 908-522-1800
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 44X111
  • Total Acres: 0.11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 23, 2018
Sold by
Gilbert Humbert
Bought by
Costa Andrew and Costa Joan
Current Estimated Value
$1,177,773

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,050
Outstanding Balance
$225,086
Interest Rate
4.04%
Estimated Equity
$952,687

Purchase Details

Listed on
Apr 12, 2017
Closed on
Jun 30, 2017
Sold by
Ruth Partners Llc
Bought by
Hussain Abrar and Thakur Gouri
Seller's Agent
LORI DAHL
COLDWELL BANKER REALTY
List Price
$750,000
Sold Price
$723,000
Premium/Discount to List
-$27,000
-3.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.89%
Original Mortgage
$578,400
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2004
Sold by
Melchionna Anthony
Bought by
Ruth Partners Llc

Purchase Details

Closed on
Jul 25, 2000
Sold by
Mcculloch William A
Bought by
Melchionna Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,000
Interest Rate
8%
Mortgage Type
Stand Alone First
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
Costa Andrew $313,000 --
Hussain Abrar $723,000 Professional Abstract & Titl
Ruth Partners Llc $705,000 --
Melchionna Anthony $405,000 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Costa Andrew $266,050
Closed Costa Andrew --
Previous Owner Hussain Abrar $578,400
Previous Owner Melchionna Anthony $305,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2017 06/30/17 Sold $723,000 -3.6% $270 / Sq Ft
06/29/2017 06/29/17 Pending -- -- --
04/12/2017 04/12/17 For Sale $750,000 -- $281 / Sq Ft
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 $13,225 $303,600 $113,600 $190,000
2024 $13,137 $303,600 $113,600 $190,000
2023 $13,137 $303,600 $113,600 $190,000
2022 $13,003 $303,600 $113,600 $190,000
2021 $13,106 $303,600 $113,600 $190,000
2020 $13,237 $303,600 $113,600 $190,000
2019 $13,252 $303,600 $113,600 $190,000
2018 $13,167 $303,600 $113,600 $190,000
2017 $10,389 $238,000 $113,600 $124,400
2016 $10,236 $238,000 $113,600 $124,400
2015 $10,036 $238,000 $113,600 $124,400
2014 $9,777 $238,000 $113,600 $124,400
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2017

    LORI DAHL

    COLDWELL BANKER REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3378809

Garden State MLS

APN: 18-02614-0000-00015

New Jersey Union County Summit 07901

304 Springfield Ave, Summit, NJ

Not Listed for Sale

MultiFamily

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