NOT LISTED FOR SALE

42 Lowell Ave Summit, NJ 07901

Estimated Value: $957,257 - $1,121,000

3 Beds
2 Baths
-- Sq Ft
6,534 Sq Ft Lot

Last Sold December 11, 2024

Last sale price $1,071,000

Est. 4% decrease in value since last sale

Current estimated payment $6,557/month

11 Days on Market

About This Home

As of December 2024

This home is located at 42 Lowell Ave, Summit, NJ 07901 since 01 November 2024 and is currently estimated at $1,030,564. This property was built in 1950. 42 Lowell Ave 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

Marianne Garibaldi

PROMINENT PROPERTIES SIR Brokerage Phone: 908-273-8808 Listed on: 11/01/2024

PROMINENT PROPERTIES SIR

Co-Listed By

Kim Cannon

PROMINENT PROPERTIES SIR Brokerage Phone: 908-273-8808

Last Buyer's Agent

Kathleen H Young

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,342

Year Built

  • Built in 1950

Lot Details

  • 6,534 Sq Ft Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,342

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Year Built: 1950
  • County Name: Union
  • Street Number Display: 42
  • I D: 5320018
  • Modified: 2025-05-06
  • Number Images: 1
  • Attribution Contact: 908-273-8808
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 1.10

Lot Info

  • Lot Size: 58X110
  • Total Acres: 0.15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2024
Closed on
Dec 11, 2024
Sold by
Strempek Irene T
Bought by
Belt Sean W and Belt Laurie D
Seller's Agent
Marianne Garibaldi
PROMINENT PROPERTIES SIR
Buyer's Agent
Kathleen H Young
COLDWELL BANKER REALTY
List Price
$899,000
Sold Price
$1,071,000
Premium/Discount to List
$172,000
19.13%
Views
30
Current Estimated Value
$1,031,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$39,928
Avg. Annual Appreciation
-9.50%
Original Mortgage
$788,250
Outstanding Balance
$785,496
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$218,210
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
Belt Sean W $1,071,000 Realsafe Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Belt Sean W $788,250
Previous Owner Strempek Joseph T $36,500
Previous Owner Strempek Joseph T $31,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2024 12/11/24 Sold $1,071,000 +19.1% --
11/12/2024 11/12/24 Pending -- -- --
11/01/2024 11/01/24 For Sale $899,000 -- --
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 $10,342 $239,000 $139,700 $99,300
2023 $10,342 $239,000 $139,700 $99,300
2022 $10,236 $239,000 $139,700 $99,300
2021 $10,318 $239,000 $139,700 $99,300
2020 $10,420 $239,000 $139,700 $99,300
2019 $10,432 $239,000 $139,700 $99,300
2018 $10,365 $239,000 $139,700 $99,300
2017 $10,432 $239,000 $139,700 $99,300
2016 $10,279 $239,000 $139,700 $99,300
2015 $9,829 $239,000 $139,700 $99,300
2014 $9,568 $239,000 $139,700 $99,300
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    Marianne Garibaldi

    PROMINENT PROPERTIES SIR

    (201) 401-0138

    7 in this area

    8 Total Sales

    Section Image
  • Kim Cannon

    Seller Co-Listing Agent in 2024

    Kim Cannon

    PROMINENT PROPERTIES SIR

    (609) 947-4493

    105 in this area

    162 Total Sales

    Section Image
  • Kathleen H Young

    Buyer's Agent in 2024

    Kathleen H Young

    COLDWELL BANKER REALTY

    (973) 727-2099

    2 in this area

    9 Total Sales

    Section Image
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Map

Source: Garden State MLS

MLS Number: 3932286

Garden State MLS

APN: 18-00802-0000-00002

New Jersey Union County Summit 07901

42 Lowell Ave, Summit, NJ

This home is located at 42 Lowell Ave, Summit, NJ 07901 since 01 November 2024 and is currently estimated at $1,030,564. This property was built in 1950. 42 Lowell Ave 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.

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