NOT LISTED FOR SALE

391 Summit Ave Hackensack, NJ 07601

Estimated Value: $643,996

3 Beds
3.5 Baths
5,035 Sq Ft
$128/Sq Ft Est. Value

Last Sold January 27, 2021

Last sale price $500,000 $99 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $4,847/month

43 Days on Market

Highlights

  • Views to the East
  • Fireplace
  • En-Suite Primary Bedroom
  • Property is near a park
  • Attached Garage
  • Central Air

About This Home

As of January 2021

Live and Work at the same property -The residence consists of three bedrooms, 3.5 bathrooms, living room, dining room, family room with a finished basement and two car garage connected to the office building with easy access to routes 4 and 80. Half of the building is presently used as a medical office for an eye surgeon. There is 1 reception area, 5 exam rooms, 2 waiting rooms, 2 bathrooms, 4 offices, basement with lab and storage and 5 parking spots in the rear. Property will be delivered vacant and AS IS CONDITION

Last Listed By

David Simon

Prominent Properties Sotheby's International Realty-Tenafly Listed on: 10/28/2020

Prominent Properties Sotheby's International Realty-Tenafly

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,507

Year Built

  • 1951

Lot Details

  • Rectangular Lot

Parking

  • Attached Garage

Home Design

  • Built in the 1960s
  • Split Level Home
  • Brick Exterior Construction

Interior Spaces

  • Fireplace
  • Views to the East
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Location

  • Property is near a park
  • Property is near public transit

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 022300349 00027

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,507

Year Built

1951

Lot Details

0

Listing Details

  • Property Short: RES
  • Property Type: RES
  • Sub-Style: Split Level
  • Additional Sub Style: None
  • Lifestyle: Close/Parks, Close/Trans, Close/Wrshp
  • Miscellaneous: Hdwd As In, Zoned Professional Office Use
  • Views/Exposure: East
  • Year Built: 1960's
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Number of Rooms: 8
  • Fireplace: 1 Fireplace
  • Bedrooms: 3
  • Total Bathrooms: 3.10
  • Primary Bathroom: Y
  • Full Bathrooms: 3
  • Partial Bathroom: 1
  • Basement: Full
  • Basement: Full finished basement

Exterior Features

  • Exterior: Brick
  • Waterfront: None

Garage/Parking

  • Garage: Attached, 2 Car Garage

Utilities

  • Heating: Gas
  • Sewer: Municipal
  • Water Source: Municipal
  • Cooling: Central Air

Condo/Co-op/Association

  • Association: None

Lot Info

  • County Name: BERGEN
  • Locale: 400
  • Lot: 00027
  • Lot Description: Regular
  • Lot Dimensions: 75 x 200
  • Estimated Lot Frontage: 75

Tax Info

  • Tax: 23507
  • Assessor Parcel Number: 022300349 00027

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2020
Closed on
Jan 19, 2021
Sold by
391 Summit Avenue Realty Limited Partner
Bought by
Jag Realty Inc
Seller's Agent
David Simon
Prominent Properties Sotheby's International Realty-Tenafly
Buyer's Agent
Christopher James
Keller Williams Village Square Realty
List Price
$539,000
Sold Price
$500,000
Premium/Discount to List
-$39,000
-7.24%
Total Days on Market
43
Current Estimated Value
$643,996

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,996
Avg. Annual Appreciation
6.06%

Purchase Details

Closed on
Feb 13, 2002

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
Jag Realty Inc $500,000 Stewart Title Guaranty Company
-- -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2021 01/27/21 Sold $500,000 -7.2% $99 / Sq Ft
12/10/2020 12/10/20 Pending -- -- --
10/28/2020 10/28/20 For Sale $539,000 -- $107 / 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
2024 $15,115 $525,000 $236,300 $288,700
2023 $14,711 $525,000 $236,300 $288,700
2022 $14,711 $525,000 $230,000 $295,000
2021 $23,852 $710,300 $207,000 $503,300
2020 $23,504 $710,300 $207,000 $503,300
2019 $23,583 $702,500 $204,000 $498,500
2018 $23,809 $697,600 $200,000 $497,600
2017 $27,119 $794,100 $197,500 $596,600
2016 $26,055 $771,300 $182,500 $588,800
2015 $25,302 $722,900 $210,700 $512,200
2014 $24,015 $722,900 $210,700 $512,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 20045603

New Jersey MLS

APN: 23-00349-0000-00027