Seller's Agent in 2025
Hui Lu
RE/MAX
(908) 389-6226
10 in this area
40 Total Sales
48 Lewis Ave Summit, NJ 07901
6
Beds
6
Baths
--
Sq Ft
0.26
Acres
About This Home
As of August 2025This home is located at 48 Lewis Ave, Summit, NJ 07901 and is currently priced at $2,225,000. This property was built in 1950. 48 Lewis 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
RE/MAX SELECT Brokerage Phone: 908-233-9292 Listed on: 05/28/2025
Home Details
Home Type
- Single Family
Year Built
- Built in 1950
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Bathrooms
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 28, 2025
Closed on
Aug 16, 2025
Sold by
Zhang Ling and Zhang Jing Longlong
Bought by
48 Lewis Avenue Llc
Seller's Agent
Hui Lu
RE/MAX SELECT
Buyer's Agent
Anthony Verducci Jr.
SERHANT NEW JERSEY LLC
List Price
$2,395,000
Sold Price
$2,225,000
Premium/Discount to List
-$170,000
-7.1%
Views
52
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$333,564
Avg. Annual Appreciation
-31.46%
Purchase Details
Closed on
Sep 29, 2023
Sold by
48 Lewis Llc
Bought by
Zhang Ling and Zhang Jing Longlong
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$664,050
Interest Rate
7%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 24, 2023
Sold by
Brown Tracy
Bought by
48 Lewis Llc
Purchase Details
Closed on
Feb 21, 1997
Sold by
Brown C Scott and Brown Tracy
Bought by
Brown Tracy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.78%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 1, 1994
Sold by
The Estate Of Florence Brown
Bought by
Brown C Scott and Brown Tracy M
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $2,225,000 | Clear Skies Title | |
| Deed | $699,000 | Fidelity National Title | |
| Deed | $699,000 | Fidelity National Title | |
| Deed | $525,000 | Majestic Title | |
| Interfamily Deed Transfer | -- | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $664,050 | New Conventional | |
| Previous Owner | $100,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/20/2025 08/20/25 | Sold | $2,225,000 | -2.2% | -- |
| 07/02/2025 07/02/25 | Pending | -- | -- | -- |
| 06/13/2025 06/13/25 | Price Changed | $2,275,000 | -5.0% | -- |
| 05/28/2025 05/28/25 | For Sale | $2,395,000 | -- | -- |
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 | $7,340 | $168,500 | $113,700 | $54,800 |
| 2024 | $7,291 | $168,500 | $113,700 | $54,800 |
| 2023 | $7,291 | $168,500 | $113,700 | $54,800 |
| 2022 | $7,217 | $168,500 | $113,700 | $54,800 |
| 2021 | $7,274 | $168,500 | $113,700 | $54,800 |
| 2020 | $7,347 | $168,500 | $113,700 | $54,800 |
| 2019 | $7,355 | $168,500 | $113,700 | $54,800 |
| 2018 | $7,308 | $168,500 | $113,700 | $54,800 |
| 2017 | $7,355 | $168,500 | $113,700 | $54,800 |
| 2016 | $7,247 | $168,500 | $113,700 | $54,800 |
| 2015 | $7,106 | $168,500 | $113,700 | $54,800 |
| 2014 | $6,922 | $168,500 | $113,700 | $54,800 |
Source: Public Records
Agents Affiliated with this Home
-
Hui Lu
-
Anthony Verducci Jr.
A
Buyer's Agent in 2025
Anthony Verducci Jr.
SERHANT NEW JERSEY LLC
(973) 477-2220
14 in this area
141 Total Sales
Map
Source: Garden State MLS
MLS Number: 3965596
APN: 18-00401-0000-00027
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