42 Valley View Ave Summit, NJ 07901
Estimated Value: $2,245,000 - $2,561,271
Studio
--
Bath
4,098
Sq Ft
$593/Sq Ft
Est. Value
About This Home
This home is located at 42 Valley View Ave, Summit, NJ 07901 and is currently estimated at $2,432,068, approximately $593 per square foot. 42 Valley View Ave 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.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 19, 1998
Sold by
Korfmann Laura E and Potasiewicz Brian
Bought by
Korfmann Laura E and Potasiewicz Brian
Current Estimated Value
Purchase Details
Closed on
Mar 31, 1998
Sold by
Rogers John F W and Lehr Deborah M
Bought by
Korfmann Laura E and Potasiewicz Brian
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$55,905
Interest Rate
6.89%
Estimated Equity
$2,376,163
Purchase Details
Closed on
Dec 15, 1995
Sold by
Hyde Carol B
Bought by
Rogers John F W and Lehr Deborah M
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Korfmann Laura E | -- | Chicago Title Insurance Co | |
| Korfmann Laura E | $377,500 | Chicago Title Insurance Co | |
| Rogers John F W | $366,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Korfmann Laura E | $300,000 |
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 | $31,564 | $724,600 | $227,900 | $496,700 |
| 2024 | $31,353 | $724,600 | $227,900 | $496,700 |
| 2023 | $31,353 | $724,600 | $227,900 | $496,700 |
| 2022 | $31,035 | $724,600 | $227,900 | $496,700 |
| 2021 | $31,281 | $724,600 | $227,900 | $496,700 |
| 2020 | $31,593 | $724,600 | $227,900 | $496,700 |
| 2019 | $31,629 | $724,600 | $227,900 | $496,700 |
| 2018 | $31,426 | $724,600 | $227,900 | $496,700 |
| 2017 | $31,629 | $724,600 | $227,900 | $496,700 |
| 2016 | $31,165 | $724,600 | $227,900 | $496,700 |
| 2015 | $30,556 | $724,600 | $227,900 | $496,700 |
| 2014 | $29,767 | $724,600 | $227,900 | $496,700 |
Source: Public Records
Map
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