NOT LISTED FOR SALE

322 Summit Ave Summit, NJ 07901

Estimated Value: $2,226,000 - $3,092,000

-- Bed
-- Bath
4,017 Sq Ft
$696/Sq Ft Est. Value

About This Home

This home is located at 322 Summit Ave, Summit, NJ 07901 and is currently estimated at $2,795,817, approximately $695 per square foot. 322 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
Mar 20, 2023
Sold by
Massengill R Scott R and Massengill Linda
Bought by
Solomon David A and Kushner Carolyn J
Current Estimated Value
$2,795,817

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,875,750
Outstanding Balance
$1,816,862
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$978,955

Purchase Details

Closed on
Jul 15, 2003
Sold by
Sheridan Anne
Bought by
Massengill R Scott and Massengill Linda Burdt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
5.46%

Purchase Details

Closed on
Jul 1, 1998
Sold by
Wallburg Peter and Wallburg Catherine M
Bought by
Sheridan Anne E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.02%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Solomon David A $2,501,000 Chicago Title
Solomon David A $2,501,000 Chicago Title
Massengill R Scott $1,525,000 --
Sheridan Anne E $735,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Solomon David A $1,875,750
Closed Solomon David A $1,875,750
Previous Owner Massengill R Scott $750,000
Previous Owner Sheridan Anne E $200,000
Source: Public Records

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 $33,258 $763,500 $450,600 $312,900
2024 $33,037 $763,500 $450,600 $312,900
2023 $33,037 $763,500 $450,600 $312,900
2022 $32,960 $763,500 $450,600 $312,900
2021 $32,960 $763,500 $450,600 $312,900
2020 $33,289 $763,500 $450,600 $312,900
2019 $33,327 $763,500 $450,600 $312,900
2018 $33,113 $763,500 $450,600 $312,900
2017 $33,327 $763,500 $450,600 $312,900
2016 $32,838 $763,500 $450,600 $312,900
2015 $32,197 $763,500 $450,600 $312,900
2014 $31,365 $763,500 $450,600 $312,900
Source: Public Records

Map

New Jersey Union County Summit 07901

322 Summit Ave, Summit, NJ

This home is located at 322 Summit Ave, Summit, NJ 07901 and is currently estimated at $2,795,817, approximately $695 per square foot. 322 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.

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.

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