319 Summit Ave Summit, NJ 07901
Estimated Value: $1,807,000 - $2,339,000
5
Beds
6
Baths
3,390
Sq Ft
$629/Sq Ft
Est. Value
About This Home
This home is located at 319 Summit Ave, Summit, NJ 07901 and is currently estimated at $2,130,810, approximately $628 per square foot. 319 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.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 14, 2007
Sold by
Brown Michael and Brown Maureen
Bought by
Gupta Mohit and Kansal Ruchi
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Outstanding Balance
$423,936
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,706,874
Purchase Details
Closed on
Sep 20, 2005
Sold by
Brown Michael
Bought by
Brown Michael and Brown Maureen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
1%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Dec 19, 2003
Sold by
Thompson Christopher
Bought by
Brown Michael and Brown Maureen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
5.98%
Purchase Details
Closed on
Sep 15, 1998
Sold by
Minter Merton M and Minter Mary C
Bought by
Thompson Christopher and Thompson Kimberly
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,800
Interest Rate
6.9%
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
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Gupta Mohit | $1,450,000 | None Available | |
Brown Michael | -- | -- | |
Brown Michael | $320,000 | -- | |
Thompson Christopher | $186,000 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Gupta Mohit | $700,000 | |
Previous Owner | Brown Michael | $700,000 | |
Previous Owner | Brown Michael | $256,000 | |
Previous Owner | Thompson Christopher | $148,800 |
Source: Public Records
Tax History Compared to Growth
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 | $25,291 | $580,600 | $222,000 | $358,600 |
2024 | $25,123 | $580,600 | $222,000 | $358,600 |
2023 | $25,123 | $580,600 | $222,000 | $358,600 |
2022 | $24,867 | $580,600 | $222,000 | $358,600 |
2021 | $25,065 | $580,600 | $222,000 | $358,600 |
2020 | $25,314 | $580,600 | $222,000 | $358,600 |
2019 | $25,343 | $580,600 | $222,000 | $358,600 |
2018 | $25,181 | $580,600 | $222,000 | $358,600 |
2017 | $25,343 | $580,600 | $222,000 | $358,600 |
2016 | $24,972 | $580,600 | $222,000 | $358,600 |
2015 | $24,484 | $580,600 | $222,000 | $358,600 |
2014 | $23,851 | $580,600 | $222,000 | $358,600 |
Source: Public Records
Map
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