38 Lenox Rd Summit, NJ 07901
Estimated Value: $4,791,665 - $5,315,000
Studio
--
Bath
5,737
Sq Ft
$891/Sq Ft
Est. Value
About This Home
This home is located at 38 Lenox Rd, Summit, NJ 07901 and is currently estimated at $5,111,555, approximately $890 per square foot. 38 Lenox Rd 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
Jan 23, 2001
Sold by
Park Roy H and Park Laura S
Bought by
Mccarthy John R and Mccarthy Amy C
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
$1,000,000
Outstanding Balance
$351,542
Interest Rate
6.89%
Mortgage Type
Stand Alone First
Estimated Equity
$4,760,013
Purchase Details
Closed on
Jul 18, 1995
Sold by
Smith David S and Smith Lynn H
Bought by
Park Roy H and Park Laura S
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 |
|---|---|---|---|
| Mccarthy John R | $3,300,000 | -- | |
| Park Roy H | $1,690,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mccarthy John R | $1,000,000 |
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 | $59,895 | $1,375,000 | $551,800 | $823,200 |
| 2024 | $62,750 | $1,375,000 | $551,800 | $823,200 |
| 2023 | $62,750 | $1,450,200 | $551,800 | $898,400 |
| 2022 | $62,112 | $1,450,200 | $551,800 | $898,400 |
| 2021 | $62,605 | $1,450,200 | $551,800 | $898,400 |
| 2020 | $63,229 | $1,450,200 | $551,800 | $898,400 |
| 2019 | $63,301 | $1,450,200 | $551,800 | $898,400 |
| 2018 | $62,895 | $1,450,200 | $551,800 | $898,400 |
| 2017 | $63,301 | $1,450,200 | $551,800 | $898,400 |
| 2016 | $62,373 | $1,450,200 | $551,800 | $898,400 |
| 2015 | $61,155 | $1,450,200 | $551,800 | $898,400 |
| 2014 | $59,574 | $1,450,200 | $551,800 | $898,400 |
Source: Public Records
Map
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