NOT LISTED FOR SALE

42 Lowell Ave Summit, NJ 07901

Summit Area

Estimated Value: $1,089,000 - $1,274,300

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

Sale Details

Date Sold: December 11, 2024

Last sale price $1,071,000

Est. 7% increase in value since last sale

Current estimated payment $7,208 / mo

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 $1,144,825. 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

Range of Values:

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

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

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

Year Built

Built in 1950

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Year Built: 1950
  • County Name: Union
  • I D: 5320018
  • 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
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
$1,144,825

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,825
Avg. Annual Appreciation
3.91%
Original Mortgage
$788,250
Outstanding Balance
$775,359
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$369,466
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Summit, NJ

  • Frank LaMorte Real Estate Agent - LATTIMER REALTY

    Frank LaMorte

    LATTIMER REALTY

    (862) 298-5327

    171 Total Sales

    1 in Summit

    $1,350,000 Price

    Frank LaMorte
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  • Mikaela Arpino Real Estate Agent - NJ Real Estate Boutique, LLC

    Mikaela Arpino

    NJ Real Estate Boutique, LLC

    (862) 860-1682

    337 Total Sales

    2 in Summit

    $509K - $1.4M Price Range

    Mikaela Arpino
     Section Image
  • Shuang Liang Real Estate Agent - Premiumone Realty

    Shuang Liang

    Premiumone Realty

    (862) 214-7430

    74 Total Sales

    3 in Summit

    $1.1M - $1.8M Price Range

    Shuang Liang
     Section Image
  • Anita Vogel Real Estate Agent - Weichert Realtors, Montclair

    Anita Vogel

    Weichert Realtors, Montclair

    (862) 292-4859

    14 Total Sales

    2 in Summit

    $400,000 Price Range

    Anita Vogel
     Section Image
  • Jesse Flowers Real Estate Agent - COLDWELL BANKER REALTY

    Jesse Flowers

    COLDWELL BANKER REALTY

    (908) 913-7468

    42 Total Sales

    1 in Summit

    $815,000 Price

    Jesse Flowers
     Section Image
  • Steph Mahon Real Estate Agent - Compass New Jersey

    Steph Mahon

    Compass New Jersey

    (833) 669-4351

    78 Total Sales

    2 in Summit

    $420K - $1.6M Price Range

    Steph Mahon
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,071,000 Realsafe Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $788,250
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $10,686 $239,000 $139,700 $99,300
2025 $10,686 $239,000 $139,700 $99,300
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

  • MG

    Seller's Agent in 2024

    Marianne Garibaldi

    PROMINENT PROPERTIES SIR

    (201) 401-0138

    10 Total Sales

    Marianne Garibaldi
    Section Image
  • Kim Cannon Real Estate Agent - PROMINENT PROPERTIES SIR

    Seller Co-Listing Agent in 2024

    Kim Cannon

    PROMINENT PROPERTIES SIR

    (609) 947-4493

    135 Total Sales

    Kim Cannon
    Section Image
  • Kathleen H Young Real Estate Agent - COLDWELL BANKER REALTY

    Buyer's Agent in 2024

    Kathleen H Young

    COLDWELL BANKER REALTY

    (973) 727-2099

    3 Total Sales

    Kathleen H Young
    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

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