NOT LISTED FOR SALE

331 Summit Ave Hackensack, NJ 07601

Estimated Value: $788,346

5 Beds
4 Baths
3,076 Sq Ft
$256/Sq Ft Est. Value

Last Sold June 17, 2022

Last sale price $630,000 $205 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $5,754/month

336 Days on Market

Highlights

  • 15,002 Sq Ft lot
  • En-Suite Primary Bedroom
  • Rectangular Lot
  • Views to the East

About This Home

As of June 2022

STATELY and EXPANSIVE residence/professional office IDEALLY SITUATED on a LARGE (70x200) property in the PRESTIGOUS FAIRMOUNT section of Hackensack. Over 3700 SF of living space on 3 floors (plus basement). Very close to Hackensack Medical Center & NYC train/bus & convenient to major highways. Transform into a grand residence or continue as combined professional/residential use. Property has been modernized yet retains home's original character including portico w/classical columns, original woodwork, high ceilings, center staircase & abundant windows. Includes 4 exam rooms on 1st floor, waiting room, reception and private office. 2 full & 2 half updated bathrooms plus DEEP PRIVATE FENCED YARD. Quality paver ramp has been added for accessibility. Large basement w/laundry facilities. Long driveway fits numerous cars plus 2-CAR GARAGE w/electric garage door. 2 CHIMNEY FLUE LINERS REPLACED (2018); NEW STEAM FURNACE (2018); HW HEATER REPLACED (2017); WINDOWS REPLACED; ALARM SYSTEM

Last Agent to Sell the Property

Maxine Harelick

Prominent Properties Sotheby's International Realty-Ridgewood Listed on: 07/07/2021

Prominent Properties Sotheby's International Realty-Ridgewood

Last Buyer's Agent

Joshua Einhorn

Vera & Nechama Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,991

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 75x200
  • Rectangular Lot

Parking

  • 2 Car Garage

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Additional Features

  • Views to the East
  • Basement Fills Entire Space Under The House
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 00005 / 00348

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,991

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Regular
  • View Type:Pond View: East
  • Co List Office Phone: 201-639-5555
  • Outside Inclusions: Appliances
  • MLS Status: Sold - Sold
  • Directions: Essex to Summit
  • Reso Fireplace Features: None
  • Year Built Details: 1900-1939,Build Prior to 1978
  • PropertySubTypeAdditional: Cntr Hl
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Unfinished
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Primary Bathroom: Yes
  • Basement Remarks: Unfinished, storage & laundry

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - Yes
  • Construction Type: Aluminum Siding, Brick

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Cooling: Window Unit(s)
  • Heating: Natural Gas, Zoned, Radiant Floor, Steam

Lot Info

  • Lot Dimensions: 75x200
  • Lot Size Sq Ft: 15002.0

Tax Info

  • Tax Annual Amount: 16991.0
  • Tax Block: 00348
  • Tax Lot: 00005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2021
Closed on
Jun 16, 2022
Sold by
Moinuddin Shaikh L and Moinuddin Roohi L
Bought by
Hibbert Richard and Glisky Sarah
Seller's Agent
Maxine Harelick
Prominent Properties Sotheby's International Realty-Ridgewood
Buyer's Agent
Joshua Einhorn
Vera & Nechama Realty
List Price
$625,000
Sold Price
$630,000
Premium/Discount to List
$5,000
0.8%
Current Estimated Value
$788,346

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,346
Avg. Annual Appreciation
7.10%
Original Mortgage
$538,650
Outstanding Balance
$304,960
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$483,386

Purchase Details

Closed on
Aug 27, 2012
Sold by
Kamal Roohi and Shaikh Moinuddin
Bought by
Shaikh Moinuddin and Kamal Roohi

Purchase Details

Closed on
Nov 14, 2005
Sold by
Vitenson Jack
Bought by
Kamal Roohi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,000
Interest Rate
6.14%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 19, 1999
Sold by
Vitenson Jack H
Bought by
Vitenson Jack and Vitenson Lois

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
6.38%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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
Hibbert Richard $630,000 Pangis George M
Hibbert Richard $630,000 Pangis George M
Shaikh Moinuddin -- --
Shaikh Moinuddin -- --
Kamal Roohi $680,000 --
Vitenson Jack -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hibbert Richard $538,650
Closed Hibbert Richard $538,650
Previous Owner Kamal Roohi $544,000
Previous Owner Vitenson Jack $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2025 03/05/25 Off Market $630,000 -- --
06/17/2022 06/17/22 Sold $630,000 +0.8% $205 / Sq Ft
06/08/2022 06/08/22 Pending -- -- --
05/12/2022 05/12/22 For Sale $625,000 0.0% $203 / Sq Ft
12/23/2021 12/23/21 Pending -- -- --
10/25/2021 10/25/21 Price Changed $625,000 -3.8% $203 / Sq Ft
08/25/2021 08/25/21 Price Changed $650,000 -7.0% $211 / Sq Ft
07/07/2021 07/07/21 For Sale $699,000 -- $227 / Sq Ft
Source: New Jersey 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 $19,094 $624,800 $236,300 $388,500
2024 $17,988 $624,800 $236,300 $388,500
2023 $17,263 $624,800 $236,300 $388,500
2022 $17,263 $616,100 $230,000 $386,100
2021 $17,243 $513,500 $207,000 $306,500
2020 $16,992 $513,500 $207,000 $306,500
2019 $16,973 $505,600 $204,000 $301,600
2018 $17,038 $499,200 $200,000 $299,200
2017 $16,798 $491,900 $197,500 $294,400
2016 $15,948 $472,100 $182,500 $289,600
2015 $17,763 $507,500 $210,700 $296,800
2014 $16,859 $507,500 $210,700 $296,800
Source: Public Records

Agents Affiliated with this Home

  • Maxine Harelick

    Seller's Agent in 2022

    Maxine Harelick

    Prominent Properties Sotheby's International Realty-Ridgewood

    (201) 741-1666

    1 in this area

    63 Total Sales

    Maxine Harelick
    Section Image

  • J

    Buyer's Agent in 2022

    Joshua Einhorn

    Vera & Nechama Realty

    (516) 965-2547

    1 in this area

    9 Total Sales

    Joshua Einhorn
    Section Image
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Map

Source: New Jersey MLS

MLS Number: 21027573

New Jersey MLS

APN: 23-00348-0000-00005

New Jersey Bergen County Hackensack 07601

331 Summit Ave, Hackensack, NJ

This home is located at 331 Summit Ave, Hackensack, NJ 07601 since 07 July 2021 and is currently estimated at $788,346, approximately $256 per square foot. 331 Summit Ave is a home located in Bergen County with nearby schools including Hackensack High School and Bergen County Christian Academy.

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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All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.

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