NOT LISTED FOR SALE

317 Summit Ave Summit, NJ 07901

Estimated Value: $1,052,000 - $1,452,000

4 Beds
3 Baths
-- Sq Ft
0.39 Acres

Last Sold July 07, 2023

Last sale price $935,000

Est. 36% increase in value since last sale

Current estimated payment $8,018/month

27 Days on Market

About This Home

As of July 2023

This home is located at 317 Summit Ave, Summit, NJ 07901 since 14 April 2023 and is currently estimated at $1,274,035. This property was built in 1950. 317 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

ALLISON ZIEFERT

COMPASS NEW JERSEY, LLC Brokerage Phone: 973-310-6816 Listed on: 04/14/2023

Last Buyer's Agent

RUSSELL LYNN

PROMINENT PROPERTIES SIR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,758

Year Built

  • Built in 1950

Lot Details

  • 0.39

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,758

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Year Built: 1950
  • County Name: Union
  • Street Number Display: 317
  • I D: 5214017
  • Modified: 2024-07-08
  • Number Images: 1
  • Attribution Contact: 973-310-6816
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 2.10

Lot Info

  • Lot Size: 100X170

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2023
Closed on
Jun 16, 2023
Sold by
Sweeney Hugh O and Ame Wadler
Bought by
317 Summit Avenue Llc
Seller's Agent
ALLISON ZIEFERT
COMPASS NEW JERSEY, LLC
Buyer's Agent
RUSSELL LYNN
PROMINENT PROPERTIES SIR
List Price
$975,000
Sold Price
$935,000
Premium/Discount to List
-$40,000
-4.1%
Views
105
Current Estimated Value
$1,274,035

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$339,035
Avg. Annual Appreciation
15.25%

Purchase Details

Closed on
Jan 16, 1998
Sold by
Komar Patricia A and Komar Zenon M
Bought by
Sweeney Hugh O and Sweeney Ame Wadler

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,000
Interest Rate
7.11%

Purchase Details

Closed on
Aug 13, 1996
Sold by
Cwalinski Stanley and Cwalinski Karen
Bought by
Komar Patricia A and Komar Zenon M
Source: Public Records

Range of Values:

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

Date Buyer Sale Price Title Company
317 Summit Avenue Llc $935,000 Fidelity National Title
317 Summit Avenue Llc $935,000 Fidelity National Title
Sweeney Hugh O $319,000 Lawyers Title Insurance Corp
Komar Patricia A $277,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 317 Summit Avenue Llc $650,000
Previous Owner Sweeney Ame W $208,000
Previous Owner Sweeney Ame Walder $145,000
Previous Owner Sweeney Hugh O $269,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2023 07/07/23 Sold $935,000 +6.9% --
05/18/2023 05/18/23 Pending -- -- --
05/10/2023 05/10/23 Price Changed $875,000 -10.3% --
04/20/2023 04/20/23 For Sale $975,000 -- --
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 $14,758 $338,800 $198,900 $139,900
2024 $14,660 $338,800 $198,900 $139,900
2023 $14,660 $338,800 $198,900 $139,900
2022 $14,511 $338,800 $198,900 $139,900
2021 $14,626 $338,800 $198,900 $139,900
2020 $14,772 $338,800 $198,900 $139,900
2019 $14,789 $338,800 $198,900 $139,900
2018 $14,694 $338,800 $198,900 $139,900
2017 $14,789 $338,800 $198,900 $139,900
2016 $14,572 $338,800 $198,900 $139,900
2015 $14,287 $338,800 $198,900 $139,900
2014 $13,918 $338,800 $198,900 $139,900
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2023

    ALLISON ZIEFERT

    COMPASS NEW JERSEY, LLC

  • R

    Buyer's Agent in 2023

    RUSSELL LYNN

    PROMINENT PROPERTIES SIR

See All Agents

Map

Source: Garden State MLS

MLS Number: 3838276

Garden State MLS

APN: 18-02103-0000-00024

New Jersey Union County Summit 07901

317 Summit Ave, Summit, NJ

This home is located at 317 Summit Ave, Summit, NJ 07901 since 14 April 2023 and is currently estimated at $1,274,035. This property was built in 1950. 317 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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