NOT LISTED FOR SALE

34 Walnut St Summit, NJ 07901

Estimated Value: $841,000 - $1,151,000

Studio
-- Bath
3,656 Sq Ft
$277/Sq Ft Est. Value

Last Sold February 29, 2016

Last sale price $860,000 $235 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $6,202/month

41 Days on Market

About This Home

As of February 2016

This home is located at 34 Walnut St, Summit, NJ 07901 since 20 October 2015 and is currently estimated at $1,014,249, approximately $277 per square foot. This property was built in 1920. 34 Walnut St is a home located in Union County with nearby schools including L C Johnson Summit Middle School, Summit Sr High School, and Oak Knoll School of the Holy Child.

Last Agent to Sell the Property

Barbara Lewis

KELLER WILLIAMS REALTY Brokerage Phone: 908-277-1200 Listed on: 10/20/2015

KELLER WILLIAMS REALTY

Last Buyer's Agent

Barbara Lewis

KELLER WILLIAMS REALTY Brokerage Phone: 908-277-1200 Listed on: 10/20/2015

KELLER WILLIAMS REALTY

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 6,098 Sq Ft Lot

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Year Built: 1920
  • County Name: Union
  • I D: 4576377
  • Attribution Contact: 908-277-1200
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 0.143
  • Total Acres: 0.14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 15, 2021
Sold by
Shah Tapan
Bought by
34 Walnut Street House Llc
Current Estimated Value
$1,014,249

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Outstanding Balance
$1,173,742
Interest Rate
3%
Mortgage Type
Commercial
Estimated Equity
-$159,493

Purchase Details

Listed on
Oct 20, 2015
Closed on
Feb 22, 2016
Sold by
Julian Land Enterprises Llc
Bought by
Shah Tapan
Seller's Agent
Barbara Lewis
KELLER WILLIAMS REALTY
Buyer's Agent
Barbara Lewis
KELLER WILLIAMS REALTY
List Price
$850,000
Sold Price
$860,000
Premium/Discount to List
$10,000
1.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.66%
Original Mortgage
$570,000
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 22, 2015
Sold by
Julian Kevin C
Bought by
Julian Land Enterprises Llc

Purchase Details

Closed on
May 13, 2004
Sold by
34 Walnut Llc
Bought by
Capasso Steven and Julian Kevin

Purchase Details

Closed on
Apr 16, 2003
Sold by
Ahs Hospital Corp
Bought by
34 Walnut Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
34 Walnut Street House Llc $509,072 Lt National Title Services
Shah Tapan $860,000 --
Julian Land Enterprises Llc -- Attorney
Capasso Steven $800,000 --
34 Walnut Llc $567,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 34 Walnut Street House Llc $1,300,000
Previous Owner Shah Tapan $570,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/29/2016 02/29/16 Sold $860,000 +1.2% $235 / Sq Ft
11/30/2015 11/30/15 Pending -- -- --
10/20/2015 10/20/15 For Sale $850,000 -- $232 / Sq Ft
Source: Garden State MLS

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 $11,918 $273,600 $99,500 $174,100
2024 $11,839 $273,600 $99,500 $174,100
2023 $11,839 $273,600 $99,500 $174,100
2022 $11,718 $273,600 $99,500 $174,100
2021 $11,811 $273,600 $99,500 $174,100
2020 $11,929 $273,600 $99,500 $174,100
2019 $11,943 $273,600 $99,500 $174,100
2018 $11,866 $273,600 $99,500 $174,100
2017 $11,943 $273,600 $99,500 $174,100
2016 $11,768 $273,600 $99,500 $174,100
2015 $11,538 $273,600 $99,500 $174,100
2014 $11,239 $273,600 $99,500 $174,100
Source: Public Records

Agents Affiliated with this Home

  • Barbara Lewis

    Seller's Agent in 2016

    Barbara Lewis

    KELLER WILLIAMS REALTY

    (908) 477-1010

    4 in this area

    79 Total Sales

    Barbara Lewis
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Map

Source: Garden State MLS

MLS Number: 3261285

Garden State MLS

APN: 18-03307-0000-00036

New Jersey Union County Summit 07901

34 Walnut St, Summit, NJ

Not Listed for Sale

MultiFamily

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