NOT LISTED FOR SALE

45 Prospect Hill Ave Summit, NJ 07901

Estimated Value: $4,408,000 - $4,577,271

5 Beds
5 Baths
-- Sq Ft
31,363 Sq Ft Lot

Last Sold December 18, 2024

Last sale price $4,500,000

Est. 1% decrease in value since last sale

Current estimated payment $27,114/month

About This Home

As of December 2024

This home is located at 45 Prospect Hill Ave, Summit, NJ 07901 since 18 December 2024 and is currently estimated at $4,464,424. This property was built in 1928. 45 Prospect Hill Ave 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.

Last Agent to Sell the Property

Kim Cannon

PROMINENT PROPERTIES SIR Brokerage Phone: 908-273-8808 Listed on: 12/18/2024

Last Buyer's Agent

Kim Cannon

PROMINENT PROPERTIES SIR Brokerage Phone: 908-273-8808 Listed on: 12/18/2024

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1928

Lot Details

  • 0.72 Acre Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 1928

Lot Details

0.72 Acres

Listing Details

  • Year Built: 1928
  • County Name: Union
  • I D: 5328374
  • Attribution Contact: 908-273-8808
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 4.10

Lot Info

  • Lot Size: 150X208
  • Total Acres: 0.72

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2024
Closed on
Dec 10, 2024
Sold by
Dichiara Anthony M
Bought by
Gelband Richard and Gelband Stephanie
Seller's Agent
Kim Cannon
PROMINENT PROPERTIES SIR
Buyer's Agent
Kim Cannon
PROMINENT PROPERTIES SIR
Sold Price
$4,500,000
Views
1
Current Estimated Value
$4,464,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$35,576
Avg. Annual Appreciation
-0.64%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Gelband Richard $4,500,000 Acres Land Title
Gelband Richard $4,500,000 Acres Land Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2024 12/18/24 Sold $4,500,000 -- --
Source: Garden State MLS

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 $43,560 $1,000,000 $494,800 $505,200
2024 $43,270 $1,000,000 $494,800 $505,200
2023 $43,270 $1,000,000 $494,800 $505,200
2022 $42,830 $1,000,000 $494,800 $505,200
2021 $54,968 $1,273,300 $494,800 $778,500
2020 $55,516 $1,273,300 $494,800 $778,500
2019 $55,580 $1,273,300 $494,800 $778,500
2018 $55,223 $1,273,300 $494,800 $778,500
2017 $55,580 $1,273,300 $494,800 $778,500
2016 $54,765 $1,273,300 $494,800 $778,500
2015 $53,695 $1,273,300 $494,800 $778,500
2014 $52,307 $1,273,300 $494,800 $778,500
Source: Public Records

Agents Affiliated with this Home

  • Kim Cannon

    Seller's Agent in 2024

    Kim Cannon

    PROMINENT PROPERTIES SIR

    (609) 947-4493

    90 in this area

    147 Total Sales

    Kim Cannon
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Map

Source: Garden State MLS

MLS Number: 3938522

Garden State MLS

APN: 18-03501-0000-00028

New Jersey Union County Summit 07901

45 Prospect Hill Ave, Summit, NJ

Not Listed for Sale

Detached

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