NOT LISTED FOR SALE

40 Summit Rd Unit 42 Elizabeth, NJ 07208

Elmora Neighborhood

Estimated Value: $580,000 - $634,000

6 Beds
2 Baths
-- Sq Ft
5,227 Sq Ft Lot

Last Sold January 13, 2023

Last sale price $475,000

Est. 29% increase in value since last sale

Current estimated payment $4,455/month

41 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Home Office
  • Elizabeth High School Rated A
  • Main Floor Bedroom
  • Formal Dining Room

About This Home

As of January 2023

If you're looking for a big house that is perfectly located in Elmora Hills, with many nice-sized rooms, character and unlimited potential you have found it! This home features a welcoming Living Room, a spacious Dining Room with gorgeous beams, eat-in Kitchen, 6 Bedrooms (one of them on the first floor) and two full bathrooms. The Attic is finished with tall ceilings, a cedar closet and even has a bonus room that can either be used as an extra Bedroom or Office. The laundry is super convenient and situated on the main floor. With so many beautiful features and great size this home is only waiting for you to make it your own!

Last Agent to Sell the Property

AMANDA ABBOU

SIGNATURE REALTY NJ Brokerage Phone: (973) 997-8887 Listed on: 08/02/2022

Last Buyer's Agent

Mario Cholvi Vidal

NEW DIRECTION REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,386

Year Built

  • Built in 1929

Lot Details

  • 5,227 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Aluminum Siding

Interior Spaces

  • Wood Burning Fireplace
  • Living Room
  • Formal Dining Room
  • Home Office
  • Laundry Room
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Radiator

Listing and Financial Details

  • Assessor Parcel Number 2904-00010-0000-01934-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,386

Year Built

Built in 1929

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1929
  • Year Built Description: Approximate
  • County Name: Union
  • Street Number Display: 40-42
  • Directions: Park Ave. to Summit Rd.
  • I D: 5170045
  • Modified: 2024-01-14
  • Number Images: 24
  • First Name: AMANDA
  • First Name3: MARIO W
  • Last Name: ABBOU
  • Last Name3: CHOLVI VIDAL
  • Office Phone: 973-251-0100 x 169
  • Office Phone3: 833-984-4663
  • Attribution Contact: (973) 997-8887
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Laminate, Wood
  • Fireplace Description: Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Range/Oven-Gas, Refrigerator
  • Number Rooms: 10
  • Bedrooms: 6
  • Bedroom 1 Level: First
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Unfinished
  • Basement Level Rooms: Laundry Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Level: Second
  • Other Room 2: Bedroom
  • Other Room2 Level: Third
  • Other Room 3: Bathroom
  • Other Room3 Level: First
  • Other Room 4: Bathroom
  • Other Room4 Level: Second
  • Level 1 Rooms: Bath(s) Other, Dining Room, Kitchen, Laundry Room, Living Room
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main
  • Level 3 Rooms: 1 Bedroom, Office
  • Phone: 973-921-1111

Exterior Features

  • Exterior Description: Aluminum Siding, Stucco
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 2
  • Parking Driveway Description: 1 Car Width, 2 Car Width

Utilities

  • Cooling: Window A/C(s)
  • Fuel Type: Gas-Natural
  • Heating: Radiators - Steam
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water

Lot Info

  • Lot Size: 50X107
  • Assessed Improvement Value: 27600
  • Assessed Land Value: 11300
  • Assessment: 38900
  • Easement: Unknown
  • Lot Identifier: 1934
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.12

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Tax Amount: 11386
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2904-00010-0000-01934-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 29.948
  • Tax Rate Tax: *
  • Tax Rate Year: 2021
  • Tax Year Tax: *
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2022
Closed on
Nov 21, 2022
Sold by
Landau Samuel and Landau Rochelle
Bought by
Guallpa Edgar
Seller's Agent
AMANDA ABBOU
SIGNATURE REALTY NJ
Buyer's Agent
Mario Cholvi Vidal
NEW DIRECTION REALTY
List Price
$475,000
Sold Price
$475,000
Total Days on Market
41
Views
73
Current Estimated Value
$612,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,066
Avg. Annual Appreciation
11.14%
Original Mortgage
$380,000
Interest Rate
6.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2003
Sold by
Selevan Irving
Bought by
Landau Samuel and Landau Rochelle

Purchase Details

Closed on
Sep 15, 1987
Bought by
Landau Samuel and Landau Rochelle
Source: Public Records

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Range of Values:

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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
Guallpa Edgar $475,000 Stewart Title Guaranty Company
Landau Samuel -- --
Landau Samuel -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Guallpa Edgar $380,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2023 01/13/23 Sold $475,000 0.0% --
09/12/2022 09/12/22 Pending -- -- --
08/02/2022 08/02/22 For Sale $475,000 -- --
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
2024 $12,226 $438,100 $229,500 $208,600
2023 $12,226 $38,900 $11,300 $27,600
2022 $11,895 $38,900 $11,300 $27,600
2021 $11,650 $38,900 $11,300 $27,600
2020 $11,386 $38,900 $11,300 $27,600
2019 $11,213 $38,900 $11,300 $27,600
2018 $11,103 $38,900 $11,300 $27,600
2017 $10,794 $38,900 $11,300 $27,600
2016 $10,794 $38,900 $11,300 $27,600
2015 $10,153 $38,900 $11,300 $27,600
2014 $9,848 $38,900 $11,300 $27,600
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2023

    AMANDA ABBOU

    SIGNATURE REALTY NJ

  • Mario Cholvi Vidal

    Buyer's Agent in 2023

    Mario Cholvi Vidal

    NEW DIRECTION REALTY

    (908) 247-0946

    6 in this area

    55 Total Sales

    Mario Cholvi Vidal
    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3800029

Garden State MLS

APN: 04-00010-0000-01934

New Jersey Union County Elizabeth 07208 Elmora

40 Summit Rd Unit 42, Elizabeth, NJ

This home is located at 40 Summit Rd Unit 42, Elizabeth, NJ 07208 since 02 August 2022 and is currently estimated at $612,066. This property was built in 1929. 40 Summit Rd Unit 42 is a home located in Union County with nearby schools including Number 21, Victor Mravlag Elementary School, Elizabeth High School, and Jewish Educational Center Lower School.

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