NOT LISTED FOR SALE

307 Summit Ave Summit, NJ 07901

Summit Area

Estimated Value: $1,632,000 - $1,874,000

4 Beds
3 Baths
1,868 Sq Ft
$942/Sq Ft Est. Value

Sale Details

Date Sold: May 1, 2023

Last sale price $1,401,000 $750 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $11,202 / mo

8 Days on Market

About This Home

As of May 2023

This home is located at 307 Summit Ave, Summit, NJ 07901 since 02 February 2023 and is currently estimated at $1,760,052, approximately $942 per square foot. This property was built in 1952. 307 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.

Last Agent to Sell the Property

SUSAN ADLER

KELLER WILLIAMS REALTY Brokerage Phone: 908-273-2991 Listed on: 02/02/2023

Last Buyer's Agent

JILL L GOLDSTEIN

CALLAWAY HENDERSON SOTHEBY'S IR

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1952

Lot Details

  • 0.32

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 1952

Lot Details

0.32 Acres

Listing Details

  • Year Built: 1952
  • County Name: Union
  • I D: 5201677
  • Attribution Contact: 908-273-2991
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 3.00

Lot Info

  • Lot Size: .321AC

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2023
Closed on
Apr 24, 2023
Sold by
Bought by
Seller's Agent
SUSAN ADLER
KELLER WILLIAMS REALTY
Buyer's Agent
JILL L GOLDSTEIN
CALLAWAY HENDERSON SOTHEBY'S IR
List Price
$1,250,000
Sold Price
$1,401,000
Premium/Discount to List
$151,000
12.08%
Views
86
Current Estimated Value
$1,760,052

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$359,052
Avg. Annual Appreciation
7.39%
Original Mortgage
$1,120,800
Interest Rate
0.0588%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 21, 2017
Closed on
Aug 3, 2017
Sold by
Bought by
Seller's Agent
SUSAN ADLER
KELLER WILLIAMS REALTY
Buyer's Agent
SUSAN ADLER
KELLER WILLIAMS REALTY
List Price
$1,175,000
Sold Price
$1,175,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.12%
Original Mortgage
$725,000
Interest Rate
0.0357%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 28, 2002
Sold by
Bought by

Purchase Details

Closed on
Apr 30, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$516,000
Interest Rate
0.0685%
Source: Public Records

Range of Values:

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

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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,401,000 Old Republic Title
$1,175,000 Chp Title Agency Llc
-- --
-- --
$645,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,120,800
Previous Owner $725,000
Previous Owner $516,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/01/2023 05/01/23 Sold $1,401,000 +12.1% $750 / Sq Ft
02/10/2023 02/10/23 Pending -- -- --
02/02/2023 02/02/23 For Sale $1,250,000 +6.4% $669 / Sq Ft
08/07/2017 08/07/17 Sold $1,175,000 0.0% $629 / Sq Ft View Prior Sale
06/29/2017 06/29/17 Pending -- -- --
06/21/2017 06/21/17 For Sale $1,175,000 -- $629 / Sq Ft
Source: Garden State MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $19,681 $440,200 $288,900 $151,300
2025 $19,681 $440,200 $288,900 $151,300
2024 $19,047 $440,200 $288,900 $151,300
2023 $19,047 $440,200 $288,900 $151,300
2022 $18,854 $440,200 $288,900 $151,300
2021 $19,003 $440,200 $288,900 $151,300
2020 $19,193 $440,200 $288,900 $151,300
2019 $19,215 $440,200 $288,900 $151,300
2018 $16,914 $390,000 $288,900 $101,100
2017 $17,024 $390,000 $288,900 $101,100
2016 $16,774 $390,000 $288,900 $101,100
2015 $16,446 $390,000 $288,900 $101,100
2014 $17,755 $432,200 $288,900 $143,300
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2023

    SUSAN ADLER

    KELLER WILLIAMS REALTY

  • J

    Buyer's Agent in 2023

    JILL L GOLDSTEIN

    CALLAWAY HENDERSON SOTHEBY'S IR

See All Agents

Map

Source: Garden State MLS

MLS Number: 3827143

Garden State MLS

APN: 18-02103-0000-00019

New Jersey Union County Summit 07901

307 Summit Ave, Summit, NJ

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