NOT LISTED FOR SALE

34 Morris Ave Summit, NJ 07901

Estimated Value: $887,000 - $1,196,000

-- Bed
-- Bath
-- Sq Ft
0.3 Acres

Last Sold December 11, 2023

Last sale price $870,000

Est. 20% increase in value since last sale

Current estimated payment $6,198/month

19 Days on Market

About This Home

As of December 2023

This home is located at 34 Morris Ave, Summit, NJ 07901 since 29 September 2023 and is currently estimated at $1,044,890. 34 Morris Ave is a home located in Union County with nearby schools including L C Johnson Summit Middle School, Summit Sr High School, and St James The Apostle School.

Last Agent to Sell the Property

NATALYA PRICE

COMPASS NEW JERSEY, LLC Brokerage Phone: 973-310-6816 Listed on: 09/29/2023

Last Buyer's Agent

CHIEN CHENG

WEICHERT REALTORS

WEICHERT REALTORS

Property Details

Home Type

  • Multi-Family

Lot Details

  • 0.3 Acre Lot

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • County Name: Union
  • I D: 5246800
  • Attribution Contact: 973-310-6816
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: .297
  • Total Acres: 0.30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2023
Closed on
Dec 4, 2023
Sold by
Potyrala Cezary and Potyrala Calvin
Bought by
Cheng Chien Rong and Zhang Jeff
Seller's Agent
NATALYA PRICE
COMPASS NEW JERSEY, LLC
Buyer's Agent
CHIEN CHENG
WEICHERT REALTORS
List Price
$850,000
Sold Price
$870,000
Premium/Discount to List
$20,000
2.35%
Views
166
Current Estimated Value
$1,044,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,890
Avg. Annual Appreciation
9.35%
Original Mortgage
$609,000
Outstanding Balance
$599,385
Interest Rate
7.76%
Mortgage Type
New Conventional
Estimated Equity
$445,505

Purchase Details

Listed on
Jul 17, 2019
Closed on
Nov 25, 2019
Sold by
Kouras Nicholas George and Kouras Lucille Joann
Bought by
Potyrala Cezary and Potyrala Calvin
Seller's Agent
SUSAN ADLER
KELLER WILLIAMS REALTY
Buyer's Agent
AMY BURAKOVSKY
KELLER WILLIAMS REALTY
List Price
$659,000
Sold Price
$610,000
Premium/Discount to List
-$49,000
-7.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.21%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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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
Cheng Chien Rong $870,000 Trident Abstract Title
Cheng Chien Rong $870,000 Trident Abstract Title
Potyrala Cezary $610,000 Surety Title Agency Coastal
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cheng Chien Rong $609,000
Closed Cheng Chien Rong $609,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/11/2023 12/11/23 Sold $870,000 +2.4% --
10/18/2023 10/18/23 Pending -- -- --
09/29/2023 09/29/23 For Sale $850,000 +39.3% --
12/02/2019 12/02/19 Sold $610,000 -7.4% -- View Prior Sale
09/17/2019 09/17/19 Pending -- -- --
07/17/2019 07/17/19 For Sale $659,000 -- --
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 $8,864 $233,500 $74,800 $158,700
2024 $8,805 $203,500 $74,800 $128,700
2023 $8,805 $203,500 $74,800 $128,700
2022 $8,716 $203,500 $74,800 $128,700
2021 $8,785 $203,500 $74,800 $128,700
2020 $8,873 $203,500 $74,800 $128,700
2019 $8,883 $203,500 $74,800 $128,700
2018 $8,826 $203,500 $74,800 $128,700
2017 $8,883 $203,500 $74,800 $128,700
2016 $8,753 $203,500 $74,800 $128,700
2015 $8,332 $203,500 $74,800 $128,700
2014 $8,110 $203,500 $74,800 $128,700
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2023

    NATALYA PRICE

    COMPASS NEW JERSEY, LLC

  • C

    Buyer's Agent in 2023

    CHIEN CHENG

    WEICHERT REALTORS

    (908) 887-5288

    1 in this area

    12 Total Sales

    CHIEN CHENG
    Section Image

  • S

    Seller's Agent in 2019

    SUSAN ADLER

    KELLER WILLIAMS REALTY

  • A

    Buyer's Agent in 2019

    AMY BURAKOVSKY

    KELLER WILLIAMS REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3867237

Garden State MLS

APN: 18-03909-0000-00003

New Jersey Union County Summit 07901

34 Morris Ave, Summit, NJ

Not Listed for Sale

MultiFamily

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