NOT LISTED FOR SALE

42 Summit Ave Unit 2 Lyndhurst, NJ 07071

Estimated Value: $619,641 - $780,000

2 Beds
1 Bath
1,556 Sq Ft
$471/Sq Ft Est. Value

About This Home

Welcome to this wonderfully kept 2 bedroom apartment on the second floor. Unit includes living room, eat in kitchen, renovated full bath with 2 bedrooms (one is a great size for an at home office!) Apartment was freshly painted, carpeting was professionally cleaned. Tenant pays gas & electric. Central a/c, forced hot air. Street parking only! No laundry. No pets! Conveniently located near Ridge Rd, Rutherford Ave & Orient Way which features city transportation, shops, laundry mat & restaurants. Application fee will apply to adults.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2016
Sold by
Rose Romeo Luigi and Rose Romeo
Bought by
Gallo Steven and Gallo Julianne
Current Estimated Value
$732,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 2004
Sold by
Gamil Daniel
Bought by
Romeo Luigi and Rose Romeo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,000
Interest Rate
5.75%

Purchase Details

Closed on
Dec 27, 2002
Sold by
Saltarelli Joseph
Bought by
Gamil Danial

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,000
Interest Rate
6.18%
Source: Public Records

Range of Values:

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 Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gallo Steven $480,000 Altor Abstract Company Inc
Romeo Luigi $430,000 --
Gamil Danial $405,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gallo Steven $365,000
Closed Gallo Steven $384,000
Previous Owner Romeo Luigi $387,000
Previous Owner Gamil Danial $364,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2024 03/09/24 Rented $1,800 0.0% --
01/08/2024 01/08/24 For Rent $1,800 +20.0% --
03/13/2021 03/13/21 Rented $1,500 0.0% --
01/30/2021 01/30/21 Price Changed $1,500 -6.3% --
01/25/2021 01/25/21 For Rent $1,600 -- --

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 $10,957 $545,300 $314,500 $230,800
2023 $10,560 $539,200 $311,000 $228,200
2022 $10,560 $332,900 $183,000 $149,900
2021 $10,120 $332,900 $183,000 $149,900
2020 $9,900 $332,900 $183,000 $149,900
2019 $9,827 $332,900 $183,000 $149,900
2018 $9,907 $332,900 $183,000 $149,900
2017 $9,657 $332,900 $183,000 $149,900
2016 $9,441 $332,900 $183,000 $149,900
2015 $9,145 $332,900 $183,000 $149,900
2014 $9,025 $332,900 $183,000 $149,900
Source: Public Records

Agents Affiliated with this Home

  • Rachel Milito

    Seller's Agent in 2024

    Rachel Milito

    Star Real Estate Agency LLC

    (973) 570-2926

    5 in this area

    133 Total Sales

    Rachel Milito
    Section Image

  • S

    Buyer's Agent in 2024

    Sandy Loor

    Coldwell Banker, Ridgewood

    (551) 486-2984

    2 Total Sales

    Sandy Loor
    Section Image
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Map

New Jersey Bergen County Lyndhurst 07071

42 Summit Ave Unit 2, Lyndhurst, NJ

This home is located at 42 Summit Ave Unit 2, Lyndhurst, NJ 07071 and is currently estimated at $732,160, approximately $470 per square foot. 42 Summit Ave Unit 2 is a home located in Bergen County with nearby schools including Lyndhurst High School, Sacred Heart School, and The Meadows School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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