Lorraine First
KL SOTHEBY'S INT'L. REALTY
(857) 305-4661
63 Total Sales
1 in Summit
$716,000 Price
48 Lewis Ave Summit, NJ 07901
Summit AreaEstimated Value: $2,079,333
6
Beds
6
Baths
--
Sq Ft
0.26
Acre Lot
About This Home
As of August 2025This home is located at 48 Lewis Ave, Summit, NJ 07901 since 28 May 2025 and is currently priced at $2,079,333. This property was built in 1950. 48 Lewis Ave is a home located in Union County.
Last Agent to Sell the Property
RE/MAX SELECT Brokerage Phone: 908-233-9292 Listed on: 05/28/2025
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Home Details
Home Type
- Single Family
Year Built
- Built in 1950
Lot Details
- 0.26
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Bathrooms
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 28, 2025
Closed on
Aug 16, 2025
Sold by
Bought by
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
-$145,667
Avg. Annual Appreciation
-6.55%
Purchase Details
Closed on
Sep 29, 2023
Sold by
Bought by
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
Bought by
Purchase Details
Closed on
Feb 21, 1997
Sold by
Bought by
Purchase Details
Closed on
Jun 1, 1994
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Summit, NJ
-
Lorraine First
-
Donald Hansen
Donald Hansen
C-21 NEW BEGINNINGS
(908) 503-2639
61 Total Sales
1 in Summit
$400,000 Price
-
Antje Virostek
Antje Virostek
RE/MAX SELECT - Rockaway
(551) 244-7405
48 Total Sales
1 in Summit
$385,000 Price
-
Pamela 'Jill' Sockwell
Pamela 'Jill' Sockwell
COMPASS NEW JERSEY, LLC
(917) 634-3370
140 Total Sales
2 in Summit
$805K - $999K Price Range
-
Tricia Himawan
Tricia Himawan
Weichert Realtors, Short Hills
(862) 292-9012
33 Total Sales
1 in Summit
$1,815,000 Price
-
Victoria Cannizzo
Victoria Cannizzo
REAL
(862) 829-3427
84 Total Sales
4 in Summit
$465K - $1.7M Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $2,225,000 | Clear Skies Title | ||
| $699,000 | Fidelity National Title | ||
| $525,000 | Majestic Title | ||
| -- | -- | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $664,050 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $7,534 | $688,300 | $113,700 | $574,600 |
| 2025 | $7,534 | $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
Seller's Agent in 2025
Hui Lu
RE/MAX
(908) 389-6226
39 Total Sales
-
Anthony Verducci Jr.
Buyer's Agent in 2025
Anthony Verducci Jr.
SERHANT NEW JERSEY LLC
(973) 477-2220
159 Total Sales
Map
Source: Garden State MLS
MLS Number: 3965596
APN: 18-00401-0000-00027
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