NOT LISTED FOR SALE

322 Summit Ave Summit, NJ 07901

Estimated Value: $2,920,231 - $3,058,000

Studio
-- Bath
4,017 Sq Ft
$749/Sq Ft Est. Value

About This Home

This home is located at 322 Summit Ave, Summit, NJ 07901 and is currently estimated at $3,010,077, approximately $749 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
$3,010,077

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
$1,193,215

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

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

Not Listed for Sale

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