NOT LISTED FOR SALE

425 Summit Ave Westfield, NJ 07090

Estimated Value: $1,382,000 - $1,912,000

1 Bed
-- Bath
600 Sq Ft
$2,789/Sq Ft Est. Value

About This Home

This home is located at 425 Summit Ave, Westfield, NJ 07090 and is currently estimated at $1,673,461, approximately $2,789 per square foot. 425 Summit Ave is a home located in Union County with nearby schools including McKinley Elementary School, Edison Intermediate School, and Westfield Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 5, 2020
Sold by
Young Joseph L and Young Kathleen
Bought by
Young Joseph L and Young Kathleen
Current Estimated Value
$1,673,461

Purchase Details

Closed on
Nov 22, 2005
Sold by
Froese Michael A
Bought by
Young Joseph L and Young Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
6.06%

Purchase Details

Closed on
Jun 27, 2000
Sold by
Kotsolios Notis and Kotsolios Theresa
Bought by
Froese Michael A and Froese Cara Lyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,500
Interest Rate
8.59%
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
Young Joseph L -- Stewart Title Guaranty Co
Young Joseph L $850,000 --
Froese Michael A $515,000 Nations Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Young Joseph L $50,000
Open Young Joseph L $543,750
Closed Young Joseph L $59,266
Closed Young Joseph L $560,000
Previous Owner Froese Michael A $427,500
Source: Public Records

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 $20,957 $958,700 $324,200 $634,500
2023 $20,957 $950,000 $324,200 $625,800
2022 $20,520 $950,000 $324,200 $625,800
2021 $20,549 $950,000 $324,200 $625,800
2020 $20,501 $950,000 $324,200 $625,800
2019 $20,425 $950,000 $324,200 $625,800
2018 $21,736 $233,800 $81,200 $152,600
2017 $21,617 $233,800 $81,200 $152,600
2016 $21,110 $233,800 $81,200 $152,600
2015 $20,689 $233,800 $81,200 $152,600
2014 $20,006 $233,800 $81,200 $152,600
Source: Public Records

Map

New Jersey Union County Westfield 07090

425 Summit Ave, Westfield, NJ

This home is located at 425 Summit Ave, Westfield, NJ 07090 and is currently estimated at $1,673,461, approximately $2,789 per square foot. 425 Summit Ave is a home located in Union County with nearby schools including McKinley Elementary School, Edison Intermediate School, and Westfield Senior High School.

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