NOT LISTED FOR SALE

40 Summit Rd Unit 42 Elizabeth, NJ 07208

Elmora Neighborhood

Estimated Value: $473,000 - $641,000

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

Last Sold January 13, 2023

Last sale price $475,000

Est. 24% increase in value since last sale

Current estimated payment $4,266/month

41 Days on Market

About This Home

As of January 2023

This home is located at 40 Summit Rd Unit 42, Elizabeth, NJ 07208 since 02 August 2022 and is currently estimated at $583,573. 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.

Last Agent to Sell the Property

AMANDA ABBOU

SIGNATURE REALTY NJ Brokerage Phone: 973-921-1111 Listed on: 08/02/2022

Last Buyer's Agent

Mario Cholvi Vidal

NEW DIRECTION REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,226

Lot Details

  • 5,227 Sq Ft Lot

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,226

Lot Details

0

Listing Details

  • County Name: Union
  • Street Number Display: 40-42
  • I D: 5170045
  • Modified: 2025-07-21
  • Number Images: 1
  • Attribution Contact: 973-921-1111
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 6
  • Bathrooms: 2.00

Lot Info

  • Lot Size: 50X107
  • Total Acres: 0.12

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
Views
73
Current Estimated Value
$587,920

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,920
Avg. Annual Appreciation
8.82%
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

Range of Values:

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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
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

    54 Total Sales

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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 $583,573. 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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