34 Orchard St Summit, NJ 07901
Estimated Value: $644,000 - $843,000
Studio
--
Bath
1,660
Sq Ft
$454/Sq Ft
Est. Value
About This Home
This home is located at 34 Orchard St, Summit, NJ 07901 and is currently estimated at $753,827, approximately $454 per square foot. 34 Orchard St 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
Aug 1, 2019
Sold by
Armstrong Richard and Armstrong Jacqueline M
Bought by
Torres Emilio and Moya Yahaira
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
$382,274
Outstanding Balance
$337,635
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$416,192
Purchase Details
Closed on
Dec 21, 2007
Sold by
Floribunda Properties Llc
Bought by
Armstrong Richard and Armstrong Jacqueline M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 2, 2001
Sold by
Sea Breeze Investments Llc
Bought by
Er Development Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
7.2%
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 |
|---|---|---|---|
| Torres Emilio | $442,500 | Ats Title Agency | |
| Armstrong Richard | $375,000 | Lawyers Title Insurance Corp | |
| Er Development Inc | $180,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Torres Emilio | $382,274 | |
| Previous Owner | Armstrong Richard | $300,000 | |
| Previous Owner | Er Development Inc | $125,000 |
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 | $8,695 | $199,600 | $55,900 | $143,700 |
| 2024 | $8,637 | $199,600 | $55,900 | $143,700 |
| 2023 | $8,637 | $199,600 | $55,900 | $143,700 |
| 2022 | $6,896 | $161,000 | $55,900 | $105,100 |
| 2021 | $6,950 | $161,000 | $55,900 | $105,100 |
| 2020 | $7,020 | $161,000 | $55,900 | $105,100 |
| 2019 | $7,028 | $161,000 | $55,900 | $105,100 |
| 2018 | $6,983 | $161,000 | $55,900 | $105,100 |
| 2017 | $7,028 | $161,000 | $55,900 | $105,100 |
| 2016 | $6,925 | $161,000 | $55,900 | $105,100 |
| 2015 | $6,789 | $161,000 | $55,900 | $105,100 |
| 2014 | $6,614 | $161,000 | $55,900 | $105,100 |
Source: Public Records
Map
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