NOT LISTED FOR SALE

40 Summit Ave Clifton, NJ 07013

Albion Neighborhood

Estimated Value: $892,359 - $1,069,000

Studio
-- Bath
-- Sq Ft
4,792 Sq Ft Lot

Last Sold June 08, 2022

Last sale price $830,000

Est. 18% increase in value since last sale

Current estimated payment $6,464/month

4 Days on Market

About This Home

As of June 2022

This home is located at 40 Summit Ave, Clifton, NJ 07013 since 22 February 2022 and is currently estimated at $980,590. 40 Summit Ave is a home located in Passaic County with nearby schools including Clifton High School, Paterson Arts And Science Charter School, and The Magical Palace of Knowledge.

Last Agent to Sell the Property

NAEEM BOUCHER

EXP REALTY, LLC Brokerage Phone: 866-201-6210 Listed on: 02/22/2022

Co-Listed By

Kenny Michel

BRICE HOMES Brokerage Phone: 866-201-6210

BRICE HOMES

Last Buyer's Agent

Kenny Michel

BRICE HOMES Brokerage Phone: 866-201-6210

BRICE HOMES

Property Details

Home Type

  • Multi-Family

Lot Details

  • 4,792 Sq Ft Lot

Property Details

Home Type

Multi-Family

Lot Details

4,792 Sq Ft Lot

Listing Details

  • County Name: Passaic
  • I D: 5131207
  • Attribution Contact: 866-201-6210
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 50X100
  • Total Acres: 0.11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2022
Closed on
May 10, 2022
Sold by
Toni Georgiev
Bought by
Fermin Miguel
Seller's Agent
NAEEM BOUCHER
EXP REALTY, LLC
Buyer's Agent
Kenny Michel
BRICE HOMES
List Price
$875,000
Sold Price
$830,000
Premium/Discount to List
-$45,000
-5.14%
Current Estimated Value
$980,590

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,590
Avg. Annual Appreciation
4.51%
Original Mortgage
$680,000
Outstanding Balance
$646,101
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$334,489

Purchase Details

Closed on
Apr 30, 2018
Sold by
Georgiev Toni
Bought by
Georgiev Toni and Georgiev Razija Woldatovic

Purchase Details

Closed on
Jul 26, 2007
Sold by
Pavlovic Ralko and Patrovic Mro
Bought by
Georgiev Toni

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,250
Interest Rate
6.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2001
Sold by
Hursch Ian
Bought by
Pavlovic Pavlovic Raiko Raiko and Pavlovic Vesna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,000
Interest Rate
7.14%

Purchase Details

Closed on
Sep 30, 1994
Sold by
Logan Helen
Bought by
Lisa David and Bottino Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,000
Interest Rate
8.71%
Source: Public Records

Range of Values:

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

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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
Fermin Miguel $830,000 Stewart Title
Fermin Miguel $830,000 Stewart Title
Georgiev Toni -- None Available
Georgiev Toni $535,000 --
Pavlovic Pavlovic Raiko Raiko $330,000 --
Pavlovic Pavlovic Raiko Raiko $330,000 --
Lisa David $390,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fermin Miguel $680,000
Closed Fermin Miguel $680,000
Previous Owner Georgiev Toni $508,250
Previous Owner Pavlovic Pavlovic Raiko Raiko $297,000
Previous Owner Lisa David $294,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/08/2022 06/08/22 Sold $830,000 -5.1% --
03/03/2022 03/03/22 Pending -- -- --
02/26/2022 02/26/22 For Sale $875,000 -- --
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 $16,342 $275,300 $77,500 $197,800
2024 $15,951 $275,300 $77,500 $197,800
2022 $15,617 $273,500 $77,500 $196,000
2021 $14,974 $273,500 $77,500 $196,000
2020 $14,881 $270,900 $77,500 $193,400
2019 $14,775 $270,900 $77,500 $193,400
2018 $14,691 $270,900 $77,500 $193,400
2017 $14,531 $270,900 $77,500 $193,400
2016 $14,249 $270,900 $77,500 $193,400
2015 $14,111 $267,200 $77,500 $189,700
2014 $13,633 $267,200 $77,500 $189,700
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2022

    NAEEM BOUCHER

    EXP REALTY, LLC

  • Kenny Michel

    Seller Co-Listing Agent in 2022

    Kenny Michel

    BRICE HOMES

    (732) 859-7308

    1 in this area

    18 Total Sales

    Kenny Michel
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Map

Source: Garden State MLS

MLS Number: 3765186

Garden State MLS

APN: 02-00014-20-00004

New Jersey Passaic County Clifton 07013 Albion

40 Summit Ave, Clifton, NJ

Not Listed for Sale

MultiFamily

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