NOT LISTED FOR SALE

40 Summit Cir Vernon Twp., NJ 07461

Estimated Value: $37,421

1.06 Acres
$35,303 Price per Acre
46,174 Sq Ft Lot

Last Sold March 22, 2024

Last sale price $32,500

Est. 15% increase in value since last sale

Current estimated payment $263/month

263 Days on Market

About This Lot

As of March 2024

This home is located at 40 Summit Cir, Vernon Twp., NJ 07461 since 15 June 2023 and is currently estimated at $37,421. 40 Summit Cir is a home located in Sussex County with nearby schools including Rolling Hills Elementary School, Lounsberry Hollow, and Glen Meadow School.

Last Agent to Sell the Property

Peter Lorenzo

KELLER WILLIAMS METROPOLITAN Brokerage Phone: 973-539-1120 Listed on: 06/15/2023

KELLER WILLIAMS METROPOLITAN

Co-Listed By

Christian Kuzemczak

KELLER WILLIAMS METROPOLITAN Brokerage Phone: 973-539-1120

Last Buyer's Agent

Karine Nunes

REALTY OF AMERICA

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $784

Lot Details

  • 1.06 Acre Lot

Property Details

Property Type

Land

Est. Annual Taxes

$784

Lot Details

0

Listing Details

  • County Name: Sussex
  • I D: 5227615
  • Modified: 2025-03-23
  • Attribution Contact: 973-539-1120
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: LotsLands

Lot Info

  • Lot Size: 1.22 AC
  • Total Acres: 1.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 4, 2025
Sold by
Grimm Sarah M and Gharib Ahmed
Bought by
Gharib Ahmed
Current Estimated Value
$37,421

Purchase Details

Listed on
Jun 15, 2023
Closed on
Mar 22, 2024
Sold by
Marjorie R Bacas Irrevocable Trust
Bought by
Grimm Sarah M and Gharib Ahmed
Seller's Agent
Peter Lorenzo
KELLER WILLIAMS METROPOLITAN
Buyer's Agent
Karine Nunes
REALTY OF AMERICA
List Price
$39,900
Sold Price
$32,500
Premium/Discount to List
-$7,400
-18.55%
Views
113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.92%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Gharib Ahmed -- Foundation Title
Gharib Ahmed -- Foundation Title
Grimm Sarah M $32,500 Foundation Title
Grimm Sarah M $32,500 Foundation Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2024 03/22/24 Sold $32,500 -7.1% --
03/04/2024 03/04/24 Pending -- -- --
12/14/2023 12/14/23 Price Changed $35,000 -12.3% --
06/15/2023 06/15/23 For Sale $39,900 -- --
Source: Garden State 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
2025 $784 $29,300 $29,300 --
2024 $755 $32,100 $32,100 $0
2023 $755 $29,100 $29,100 $0
2022 $1,105 $39,200 $39,200 $0
2021 $1,131 $36,000 $36,000 $0
2020 $1,099 $35,100 $35,100 $0
2019 $1,226 $43,500 $43,500 $0
2018 $1,171 $43,500 $43,500 $0
2017 $1,140 $43,500 $43,500 $0
2016 $1,138 $43,500 $43,500 $0
2015 $1,134 $43,500 $43,500 $0
2014 $1,145 $43,500 $43,500 $0
Source: Public Records

Agents Affiliated with this Home

  • Peter Lorenzo

    Seller's Agent in 2024

    Peter Lorenzo

    KELLER WILLIAMS METROPOLITAN

    (973) 615-1567

    3 in this area

    192 Total Sales

    Peter Lorenzo
    Section Image
  • Christian Kuzemczak

    Seller Co-Listing Agent in 2024

    Christian Kuzemczak

    KELLER WILLIAMS METROPOLITAN

    (973) 714-4381

    1 in this area

    13 Total Sales

    Christian Kuzemczak
    Section Image
  • Karine Nunes

    Buyer's Agent in 2024

    Karine Nunes

    REALTY OF AMERICA

    (201) 467-6096

    1 in this area

    101 Total Sales

    Karine Nunes
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3849558

Garden State MLS

APN: 22-00073-16-00025

New Jersey Sussex County Vernon 07461

40 Summit Cir, Vernon, NJ

This home is located at 40 Summit Cir, Vernon Twp., NJ 07461 since 15 June 2023 and is currently estimated at $37,421. 40 Summit Cir is a home located in Sussex County with nearby schools including Rolling Hills Elementary School, Lounsberry Hollow, and Glen Meadow School.

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