41 Mountain Ave Summit, NJ 07901
Estimated Value: $860,000 - $1,435,000
3
Beds
1
Bath
3,627
Sq Ft
$319/Sq Ft
Est. Value
About This Home
This home is located at 41 Mountain Ave, Summit, NJ 07901 and is currently estimated at $1,156,952, approximately $318 per square foot. 41 Mountain Ave is a home located in Union County with nearby schools including L C Johnson Summit Middle School, Summit Sr High School, and Oak Knoll School of the Holy Child.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 21, 2022
Sold by
Ocello Mary E
Bought by
Palladino Anthony
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$512,850
Interest Rate
4.42%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 2, 2022
Sold by
Ocello Joseph M and Ocello Mary E
Bought by
Ocello Mary E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$512,850
Interest Rate
4.42%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 15, 2005
Sold by
Ocello Frank V
Bought by
Ocello Frank and Ocello Mary E
Purchase Details
Closed on
Oct 14, 1997
Sold by
Haugh Richard M and Haugh Eleanor K
Bought by
Ocello Frank and Ocello Mary E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.46%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Palladino Anthony | $789,000 | Amtrust Title | |
| Ocello Mary E | -- | New Title Company Name | |
| Ocello Frank | -- | -- | |
| Ocello Frank | $350,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Palladino Anthony | $512,850 | |
| Previous Owner | Ocello Mary E | $512,850 | |
| Previous Owner | Ocello Frank | $100,000 |
Source: Public Records
Tax History Compared to Growth
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 | $15,041 | $345,300 | $113,000 | $232,300 |
| 2024 | $14,076 | $345,300 | $113,000 | $232,300 |
| 2023 | $14,076 | $325,300 | $113,000 | $212,300 |
| 2022 | $13,933 | $325,300 | $113,000 | $212,300 |
| 2021 | $13,357 | $309,400 | $113,000 | $196,400 |
| 2020 | $13,490 | $309,400 | $113,000 | $196,400 |
| 2019 | $13,505 | $309,400 | $113,000 | $196,400 |
| 2018 | $13,419 | $309,400 | $113,000 | $196,400 |
| 2017 | $13,505 | $309,400 | $113,000 | $196,400 |
| 2016 | $13,307 | $309,400 | $113,000 | $196,400 |
| 2015 | $13,047 | $309,400 | $113,000 | $196,400 |
| 2014 | $12,710 | $309,400 | $113,000 | $196,400 |
Source: Public Records
Map
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