NOT LISTED FOR SALE

417 Morris Ave Unit 32 Summit, NJ 07901

Estimated Value: $486,000 - $612,000

2 Beds
2 Baths
1,024 Sq Ft
$555/Sq Ft Est. Value

Last Sold April 08, 2024

Last sale price $500,000 $488 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,434/month

12 Days on Market

About This Home

As of April 2024

This home is located at 417 Morris Ave Unit 32, Summit, NJ 07901 since 07 February 2024 and is currently estimated at $567,978, approximately $554 per square foot. This property was built in 1950. 417 Morris Ave Unit 32 is a home located in Union County with nearby schools including L C Johnson Summit Middle School, Summit Sr High School, and Kent Place School.

Last Agent to Sell the Property

MAUREEN KAELIN

PROMINENT PROPERTIES SIR Brokerage Phone: 908-273-8808 Listed on: 02/07/2024

Last Buyer's Agent

Lea Abrams

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 3.03

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Year Built: 1950
  • County Name: Union
  • I D: 5267852
  • Attribution Contact: 908-273-8808
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Bathrooms: 2.00

Lot Info

  • Lot Size: 269X491

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2024
Closed on
Mar 26, 2024
Sold by
Li Zhang and Wu Huijuan
Bought by
Matos Deborah
Seller's Agent
MAUREEN KAELIN
PROMINENT PROPERTIES SIR
Buyer's Agent
Lea Abrams
COLDWELL BANKER REALTY
List Price
$430,000
Sold Price
$500,000
Premium/Discount to List
$70,000
16.28%
Views
136
Current Estimated Value
$567,978

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,978
Avg. Annual Appreciation
7.93%
Original Mortgage
$400,000
Outstanding Balance
$393,725
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$174,253

Purchase Details

Listed on
Apr 29, 2022
Closed on
Jun 24, 2022
Sold by
Barbara Lynne Pitoscia Revocable Trust
Bought by
Zhang Li and Hvijvan Wv Hvijvan
Seller's Agent
Antje Virostek
RE/MAX SELECT
Buyer's Agent
ANGIE ANDRADE-SALAZAR
WEICHERT REALTORS
List Price
$395,000
Sold Price
$385,000
Premium/Discount to List
-$10,000
-2.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.82%
Original Mortgage
$288,000
Interest Rate
5.81%

Purchase Details

Closed on
Jul 30, 2016
Sold by
Pitoscia Barbara L
Bought by
Pitoscia Barbara L

Purchase Details

Closed on
Apr 29, 2009
Sold by
Marcantuone Alfonse J and Marcantuone Beverly A
Bought by
Lutz Barbara L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,125
Interest Rate
4.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 2, 2000
Sold by
Lis Benjamin
Bought by
Marcantuone Alfonse J and Marcantuone Beverly A
Source: Public Records

Range of Values:

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

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ICE

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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
Matos Deborah $500,000 Prestige Title
Matos Deborah $500,000 Prestige Title
Zhang Li $385,000 None Listed On Document
Pitoscia Barbara L $10 --
Lutz Barbara L $337,500 Multiple
Marcantuone Alfonse J $162,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Matos Deborah $400,000
Closed Matos Deborah $400,000
Previous Owner Zhang Li $288,000
Previous Owner Lutz Barbara L $253,125
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/08/2024 04/08/24 Sold $500,000 +16.3% $488 / Sq Ft
02/19/2024 02/19/24 Pending -- -- --
02/07/2024 02/07/24 For Sale $430,000 +11.7% $420 / Sq Ft
06/29/2022 06/29/22 Sold $385,000 -2.5% $376 / Sq Ft View Prior Sale
05/18/2022 05/18/22 Pending -- -- --
05/02/2022 05/02/22 For Sale $395,000 -- $386 / Sq Ft
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 $5,493 $126,100 $62,000 $64,100
2024 $5,456 $126,100 $62,000 $64,100
2023 $5,456 $126,100 $62,000 $64,100
2022 $5,401 $126,100 $62,000 $64,100
2021 $5,444 $126,100 $62,000 $64,100
2020 $5,498 $126,100 $62,000 $64,100
2019 $5,504 $126,100 $62,000 $64,100
2018 $5,469 $126,100 $62,000 $64,100
2017 $5,504 $126,100 $62,000 $64,100
2016 $5,424 $126,100 $62,000 $64,100
2015 $5,318 $126,100 $62,000 $64,100
2014 $5,180 $126,100 $62,000 $64,100
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    MAUREEN KAELIN

    PROMINENT PROPERTIES SIR

  • Lea Abrams

    Buyer's Agent in 2024

    Lea Abrams

    COLDWELL BANKER REALTY

    (908) 419-5768

    2 in this area

    73 Total Sales

    Lea Abrams
    Section Image
  • Antje Virostek

    Seller's Agent in 2022

    Antje Virostek

    RE/MAX

    (201) 400-5654

    1 in this area

    56 Total Sales

    Antje Virostek
    Section Image

  • A

    Buyer's Agent in 2022

    ANGIE ANDRADE-SALAZAR

    WEICHERT REALTORS

See All Agents

Map

Source: Garden State MLS

MLS Number: 3885092

Garden State MLS

APN: 18-01203-0000-00002-32

New Jersey Union County Summit 07901

417 Morris Ave Unit 32, Summit, NJ

Not Listed for Sale

Detached

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