NOT LISTED FOR SALE

47 Park Ave Summit, NJ 07901

Estimated Value: $809,000 - $1,199,000

-- Bed
-- Bath
2,672 Sq Ft
$370/Sq Ft Est. Value

Last Sold February 27, 2019

Last sale price $875,000 $327 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $6,447/month

72 Days on Market

About This Home

As of February 2019

This home is located at 47 Park Ave, Summit, NJ 07901 since 07 November 2018 and is currently estimated at $988,203, approximately $369 per square foot. This property was built in 1920. 47 Park 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

Christina McGeough

COLDWELL BANKER REALTY Brokerage Email: info@turpinrealtors.com Listed on: 11/07/2018

COLDWELL BANKER REALTY

Last Buyer's Agent

JOSEPH GRASSO

KELLER WILLIAMS REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,277

Year Built

  • Built in 1920

Lot Details

  • 4,792 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,277

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Year Built: 1920
  • County Name: Union
  • Street Number Display: 47
  • I D: 4849285
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: info@turpinrealtors.com
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 50X100
  • Total Acres: 0.11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2018
Closed on
Feb 13, 2019
Sold by
Carolina Ventures Llc
Bought by
Chiu Tin Ho and Chiu Evelyn
Seller's Agent
Christina McGeough
COLDWELL BANKER REALTY
Buyer's Agent
JOSEPH GRASSO
KELLER WILLIAMS REALTY
List Price
$949,000
Sold Price
$875,000
Premium/Discount to List
-$74,000
-7.8%
Current Estimated Value
$1,027,201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,201
Avg. Annual Appreciation
1.99%

Purchase Details

Closed on
Dec 11, 2008
Sold by
Sigma Four Associates
Bought by
Carolina Ventures Llc
Source: Public Records

Range of Values:

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
Chiu Tin Ho $875,000 Old Republic Natl Ttl Ins Co
Carolina Ventures Llc $730,000 Fidelity Natl Title Ins Co
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2019 02/27/19 Sold $875,000 -7.8% $327 / Sq Ft
01/18/2019 01/18/19 Pending -- -- --
11/07/2018 11/07/18 For Sale $949,000 -- $355 / 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
2024 $9,277 $214,400 $72,200 $142,200
2023 $9,277 $214,400 $72,200 $142,200
2022 $9,183 $214,400 $72,200 $142,200
2021 $9,256 $214,400 $72,200 $142,200
2020 $9,348 $214,400 $72,200 $142,200
2019 $9,359 $214,400 $72,200 $142,200
2018 $9,299 $214,400 $72,200 $142,200
2017 $9,359 $214,400 $72,200 $142,200
2016 $9,221 $214,400 $72,200 $142,200
2015 $9,041 $214,400 $72,200 $142,200
2014 $8,808 $214,400 $72,200 $142,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3514232

Garden State MLS

APN: 18-04003-0000-00018