NOT LISTED FOR SALE

45 Mountain Ave Summit, NJ 07901

Estimated Value: $1,433,000 - $1,615,000

4 Beds
3 Baths
1,956 Sq Ft
$767/Sq Ft Est. Value

Last Sold June 11, 2025

Last sale price $1,525,000 $780 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $9,509/month

8 Days on Market

About This Home

As of June 2025

This home is located at 45 Mountain Ave, Summit, NJ 07901 since 09 April 2025 and is currently estimated at $1,499,518, approximately $766 per square foot. This property was built in 1900. 45 Mountain 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.

Last Agent to Sell the Property

Kim Cannon

PROMINENT PROPERTIES SIR Brokerage Phone: 908-273-8808 Listed on: 04/09/2025

Last Buyer's Agent

KATHLEEN BARRETT

PROMINENT PROPERTIES SIR

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 6,098 Sq Ft Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Year Built: 1900
  • County Name: Union
  • I D: 5349302
  • 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: .141
  • Total Acres: 0.14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2025
Closed on
May 19, 2025
Sold by
Gutknecht Catherine
Bought by
Edelman Matthew B and Edelman Sara F
Seller's Agent
Kim Cannon
PROMINENT PROPERTIES SIR
Buyer's Agent
KATHLEEN BARRETT
PROMINENT PROPERTIES SIR
List Price
$1,499,000
Sold Price
$1,525,000
Premium/Discount to List
$26,000
1.73%
Views
46
Current Estimated Value
$1,499,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$25,482
Avg. Annual Appreciation
-3.13%
Original Mortgage
$875,000
Outstanding Balance
$870,959
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$628,559

Purchase Details

Closed on
Mar 30, 2021
Sold by
Kasbar Frances
Bought by
Gutknecht Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$559,200
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 3, 2019
Sold by
Kasbar Wayne L and Kasbar Martha A H
Bought by
Kasbar Frances

Purchase Details

Closed on
Feb 1, 2002
Sold by
Kasbar Wayne
Bought by
Kasbar Wayne and Martha Kasbar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 29, 1998
Sold by
Biren Bernard and Biren Irma B
Bought by
Murray Thomas and Murray Suzanne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,400
Interest Rate
7.04%
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

Date Buyer Sale Price Title Company
Edelman Matthew B $1,525,000 Green Hill Title
Edelman Matthew B $1,525,000 Green Hill Title
Gutknecht Catherine $699,000 Allied Title Llc
Gutknecht Catherine $699,000 Allied Title
Kasbar Frances -- Associated Title
Kasbar Wayne $155,000 --
Kasbar Wayne L $155,000 --
Murray Thomas $268,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Edelman Matthew B $875,000
Closed Edelman Matthew B $875,000
Previous Owner Gutknecht Catherine $559,200
Previous Owner Kasbar Wayne L $200,000
Previous Owner Murray Thomas $214,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/11/2025 06/11/25 Sold $1,525,000 +1.7% $780 / Sq Ft
04/17/2025 04/17/25 Pending -- -- --
04/09/2025 04/09/25 For Sale $1,499,000 -- $766 / Sq Ft
Source: Garden State MLS

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 $19,820 $455,000 $99,300 $355,700
2024 $10,761 $455,000 $99,300 $355,700
2023 $10,761 $248,700 $99,300 $149,400
2022 $10,652 $248,700 $99,300 $149,400
2021 $10,736 $248,700 $99,300 $149,400
2020 $10,843 $248,700 $99,300 $149,400
2019 $11,676 $267,500 $107,800 $159,700
2018 $11,601 $267,500 $107,800 $159,700
2017 $11,676 $267,500 $107,800 $159,700
2016 $11,505 $267,500 $107,800 $159,700
2015 $11,280 $267,500 $107,800 $159,700
2014 $10,989 $267,500 $107,800 $159,700
Source: Public Records

Agents Affiliated with this Home

  • Kim Cannon

    Seller's Agent in 2025

    Kim Cannon

    PROMINENT PROPERTIES SIR

    (609) 947-4493

    97 in this area

    152 Total Sales

    Kim Cannon
    Section Image

  • K

    Buyer's Agent in 2025

    KATHLEEN BARRETT

    PROMINENT PROPERTIES SIR

See All Agents

Map

Source: Garden State MLS

MLS Number: 3955912

Garden State MLS

APN: 18-03212-0000-00013

New Jersey Union County Summit 07901

45 Mountain Ave, Summit, NJ

Not Listed for Sale

Detached

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