NOT LISTED FOR SALE

440 Springfield Ave Unit 2 Summit, NJ 07901

Estimated Value: $1,811,198

Studio
-- Bath
1,386 Sq Ft
$1,307/Sq Ft Est. Value

About This Home

This home is located at 440 Springfield Ave Unit 2, Summit, NJ 07901 and is currently estimated at $1,811,198, approximately $1,306 per square foot. 440 Springfield Ave Unit 2 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 14, 2022
Sold by
Weichert James M
Bought by
440-444 Springfield Avenue Llc
Current Estimated Value
$1,811,198

Purchase Details

Closed on
May 1, 2020
Sold by
Victor James
Bought by
Victor James and Bell Victor Holly

Purchase Details

Closed on
Mar 24, 2010
Sold by
Victor James and Bell Victor Holly
Bought by
Victor James

Purchase Details

Closed on
Nov 4, 2009
Sold by
James Victor James and James Victor Jr
Bought by
Victor James and Bell Victor Holly

Purchase Details

Closed on
Nov 3, 1998
Sold by
Sheldon Jean and Sheldon Alex
Bought by
Victor James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
8%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 29, 1994
Sold by
Preston Richard
Bought by
Sheldon Jean
Source: Public Records

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 Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
440-444 Springfield Avenue Llc -- Fidelity National Title
Weichert James M $1,486,836 Fidelity National Title
Victor James -- None Available
Victor James -- None Available
Victor James -- None Available
Victor James $500,000 --
Sheldon Jean $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Victor James $400,000
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
2025 $20,562 $452,300 $129,600 $322,700
2024 $18,172 $452,300 $129,600 $322,700
2023 $18,172 $402,300 $129,600 $272,700
2022 $17,983 $402,300 $129,600 $272,700
2021 $18,128 $402,300 $129,600 $272,700
2020 $17,617 $402,300 $129,600 $272,700
2019 $18,333 $402,300 $129,600 $272,700
2018 $17,448 $402,300 $129,600 $272,700
2017 $18,401 $402,300 $129,600 $272,700
2016 $18,116 $402,300 $129,600 $272,700
2015 $17,556 $402,300 $129,600 $272,700
2014 $17,110 $402,300 $129,600 $272,700
Source: Public Records

Map

New Jersey Union County Summit 07901

440 Springfield Ave Unit 2, Summit, NJ

Not Listed for Sale

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