$2,000,000
SOLD FEB 14, 2025

48 Division Ave Summit, NJ 07901

4 Beds
3 Baths
2,642 Sq Ft
1.02 Acres

Recently Sold

$757 Per Sq Ft

14% Above List Price

8 Days on Market

About This Home

As of February 2025

This home is located at 48 Division Ave, Summit, NJ 07901 and is currently priced at $2,000,000, approximately $757 per square foot. This property was built in 1921. 48 Division 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

SARA PARKER HENDERSON

LOIS SCHNEIDER REALTOR Brokerage Phone: 908-277-1398 Listed on: 10/28/2024

Last Buyer's Agent

ELIZABETH WINTERBOTTOM

KELLER WILLIAMS REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,477

Year Built

  • Built in 1921

Lot Details

  • 1.02 Acre Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,477

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Year Built: 1921
  • County Name: Union
  • Street Number Display: 48
  • I D: 5319867
  • Modified: 2025-05-06
  • Number Images: 0
  • Attribution Contact: 908-277-1398
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 2.10

Lot Info

  • Lot Size: 1.02AC
  • Total Acres: 1.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2024
Closed on
Feb 11, 2025
Sold by
Robertson Thomas D and Robertson Pamela R
Bought by
Nicholson Peggy and Nicholson Daniel
Seller's Agent
SARA PARKER HENDERSON
LOIS SCHNEIDER REALTOR
Buyer's Agent
ELIZABETH WINTERBOTTOM
KELLER WILLIAMS REALTY
List Price
$1,749,000
Sold Price
$2,000,000
Premium/Discount to List
$251,000
14.35%
Views
71
Current Estimated Value
$1,960,130

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$39,870
Avg. Annual Appreciation
-3.15%

Purchase Details

Closed on
Jun 27, 2001
Sold by
Stone Christopher H and Stone Emily P
Bought by
Robertson Thomas D and Robertson Pamela R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 2, 1999
Sold by
The Summit Bank
Bought by
Stone Christopher H and Stone Emily P
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Bargain Sale Deed $2,000,000 Acres Land Title
Bargain Sale Deed $2,000,000 Acres Land Title
Bargain Sale Deed $650,000 --
Executors Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $500,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2025 02/14/25 Sold $2,000,000 +14.4% $757 / Sq Ft
11/07/2024 11/07/24 Pending -- -- --
10/30/2024 10/30/24 For Sale $1,749,000 -- $662 / 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 $22,477 $516,000 $327,600 $188,400
2024 $22,327 $516,000 $327,600 $188,400
2023 $22,327 $516,000 $327,600 $188,400
2022 $22,100 $516,000 $327,600 $188,400
2021 $22,276 $516,000 $327,600 $188,400
2020 $22,498 $516,000 $327,600 $188,400
2019 $22,523 $516,000 $327,600 $188,400
2018 $21,924 $505,500 $327,600 $177,900
2017 $22,065 $505,500 $327,600 $177,900
2016 $21,742 $505,500 $327,600 $177,900
2015 $21,317 $505,500 $327,600 $177,900
2014 $20,766 $505,500 $327,600 $177,900
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2025

    SARA PARKER HENDERSON

    LOIS SCHNEIDER REALTOR

  • E

    Buyer's Agent in 2025

    ELIZABETH WINTERBOTTOM

    KELLER WILLIAMS REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3931525

Garden State MLS

APN: 18-02902-0000-00033

New Jersey Union County Summit 07901

48 Division Ave, Summit, NJ

This home is located at 48 Division Ave, Summit, NJ 07901 and is currently priced at $2,000,000, approximately $757 per square foot. This property was built in 1921. 48 Division 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.

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