NOT LISTED FOR SALE

42 Parkview Terrace Summit, NJ 07901

Estimated Value: $1,585,000 - $1,805,000

4 Beds
3 Baths
1,462 Sq Ft
$1,151/Sq Ft Est. Value

Sale Details

Date Sold: May 7, 2025

Last sale price $1,650,000 $1,129 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $10,835 / mo

8 Days on Market

About This Home

As of May 2025

This home is located at 42 Parkview Terrace, Summit, NJ 07901 since 24 March 2025 and is currently estimated at $1,682,430, approximately $1,150 per square foot. 42 Parkview Terrace 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.

Last Agent to Sell the Property

JILL BRAY

PROMINENT PROPERTIES SIR Brokerage Phone: 908-273-8808 Listed on: 03/24/2025

Last Buyer's Agent

AMY BURAKOVSKY

KELLER WILLIAMS REALTY

Home Details

Home Type

  • Single Family

Lot Details

  • 7,405 Sq Ft Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Lot Details

7,405 Sq Ft Lot

Listing Details

  • County Name: Union
  • I D: 5338078
  • Attribution Contact: 908-273-8808
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 2.10

Lot Info

  • Lot Size: .173
  • Total Acres: 0.17

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
Mar 24, 2025
Closed on
May 5, 2025
Sold by
Bought by
Seller's Agent
JILL BRAY
PROMINENT PROPERTIES SIR
Buyer's Agent
AMY BURAKOVSKY
KELLER WILLIAMS REALTY
List Price
$1,275,000
Sold Price
$1,650,000
Premium/Discount to List
$375,000
29.41%
Views
62
Current Estimated Value
$1,737,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,942
Avg. Annual Appreciation
1.75%
Original Mortgage
$1,320,000
Outstanding Balance
$1,315,326
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$367,104

Purchase Details

Closed on
Aug 16, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
6.16%

Purchase Details

Closed on
Aug 20, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage
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

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
$1,650,000 Acres Land Title
$850,000 --
$850,000 --
$465,000 --
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 $1,320,000
Previous Owner $680,000
Previous Owner $350,000
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
05/07/2025 05/07/25 Sold $1,650,000 +29.4% $1,129 / Sq Ft
04/04/2025 04/04/25 Pending -- -- --
03/27/2025 03/27/25 For Sale $1,275,000 -- $872 / Sq Ft
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 $18,040 $403,500 $197,300 $206,200
2025 $18,040 $403,500 $197,300 $206,200
2024 $17,459 $403,500 $197,300 $206,200
2023 $17,459 $403,500 $197,300 $206,200
2022 $15,594 $364,100 $197,300 $166,800
2021 $15,718 $364,100 $197,300 $166,800
2020 $15,875 $364,100 $197,300 $166,800
2019 $15,893 $364,100 $197,300 $166,800
2018 $15,791 $364,100 $197,300 $166,800
2017 $15,893 $364,100 $197,300 $166,800
2016 $15,660 $364,100 $197,300 $166,800
2015 $15,354 $364,100 $197,300 $166,800
2014 $14,957 $364,100 $197,300 $166,800
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2025

    JILL BRAY

    PROMINENT PROPERTIES SIR

  • A

    Buyer's Agent in 2025

    AMY BURAKOVSKY

    KELLER WILLIAMS REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3952583

Garden State MLS

APN: 18-04706-0000-00010

New Jersey Union County Summit 07901

42 Parkview Terrace, Summit, NJ

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