NOT LISTED FOR SALE

487 Summit Ave Unit 1 Fort Lee, NJ 07024

Estimated Value: $812,701 - $1,020,000

3 Beds
3 Baths
-- Sq Ft
4,182 Sq Ft Lot

Highlights

  • En-Suite Primary Bedroom
  • Washer and Dryer
  • 4-minute walk to Constitution Park
  • Fort Lee High School Rated A

About This Home

As of September 2023

Well maintained,Renovated and great location 3bed roooms and 2full baths on 1st floor.Extra space one room, full bath and laundry room in the basement. Few minutes away the GW Bridge, close to HWY access.Very convenient to Shopping , School, Library and Town .Available lot of parking space around the street . Don't miss best house and Just move in!

Last Agent to Rent the Property

Rosa Choi-Kahng

RE/MAX Simply Listed on: 07/27/2023

Last Renter's Agent

Clara Hahn

Cosmo Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,738

Year Built

  • 1920

Lot Details

  • 4,182

Parking

  • 1 Open Parking Space

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer and Dryer

Schools

  • School #2 Elementary School
  • Lewis F. Cole Middle School
  • Fort Lee High School

Utilities

  • Cooling System Powered By Gas
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,738

Year Built

1920

Lot Details

0

Listing Details

  • Property Type: Residential Lease
  • PropertySubType: 2 Family
  • ResoLaundryFeatures: In Unit
  • View Type:Pond View: South
  • NAV29_Unit_1_Appliances: Dishwasher, Microwave, Ov/Rang/Gs, Refrigerator, Washer/Dryer
  • Reso Association Amenities: None
  • Reso Pets Allowed: No
  • Co List Office Phone: (201) 464-1000
  • MLS Status: Leased - Leased
  • Directions: Main st to Jonnes st to summit
  • Reso Fireplace Features: None
  • Year Built Details: 1900-1939
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built (Public Record): 1920

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Primary Bathroom: Yes

Exterior Features

  • Disclosures: Seller's Agent

Garage/Parking

  • Open Parking Spaces: 1.0
  • Parking Features: Parking Spaces

Utilities

  • Cooling: Gas
  • Heating: Natural Gas

Schools

  • Elementary School: School #2 E.S.
  • High School: Fort Lee H.S.
  • Middle Or Junior School: Lewis F. Cole M.S.
  • Elementary: School #2 E.S.

Lot Info

  • Lot: 00017

MLS Schools

  • High School Text: Fort Lee H.S.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 20, 2018
Sold by
Us Bank Na
Bought by
Park Heon and Park Yeong
Current Estimated Value
$929,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$348,105
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$581,070

Purchase Details

Closed on
May 6, 2018
Sold by
Saudino Michael
Bought by
Us Bank Na Tr

Purchase Details

Closed on
Dec 19, 2006
Sold by
Consoli Remedios
Bought by
Matias Arnel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$670,500
Interest Rate
6.29%

Purchase Details

Closed on
Dec 9, 2005
Sold by
Chao Alan
Bought by
Consoli Remedios

Purchase Details

Closed on
Jun 24, 1994
Sold by
Estate Joseph Holdampf
Bought by
Chao Alan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
8.55%
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 Buyer Sale Price Title Company
Park Heon $601,000 --
Us Bank Na Tr -- --
Matias Arnel $745,000 --
Consoli Remedios $480,000 --
Chao Alan $192,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Park Heon $400,000
Previous Owner Matias Arnel $670,500
Previous Owner Chao Alan $144,000
Closed Consoli Remedios $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2023 09/28/23 Rented $2,900 0.0% --
09/17/2023 09/17/23 Price Changed $2,900 -3.3% --
07/27/2023 07/27/23 For Rent $3,000 +3.4% --
05/11/2022 05/11/22 Rented $2,900 0.0% --
04/08/2022 04/08/22 For Rent $2,900 -- --
Source: New Jersey 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 $10,738 $411,900 $294,000 $117,900
2024 $10,190 $411,900 $294,000 $117,900
2023 $10,227 $411,900 $294,000 $117,900
2022 $10,227 $411,900 $294,000 $117,900
2021 $10,017 $411,900 $294,000 $117,900
2020 $9,923 $411,900 $294,000 $117,900
2019 $9,572 $406,800 $294,000 $112,800
2018 $9,348 $406,800 $294,000 $112,800
2017 $9,243 $406,800 $294,000 $112,800
2016 $9,169 $406,800 $294,000 $112,800
2015 $8,958 $406,800 $294,000 $112,800
2014 $8,791 $406,800 $294,000 $112,800
Source: Public Records

Agents Affiliated with this Home

  • Rosa Choi-Kahng

    Landlord's Agent in 2023

    Rosa Choi-Kahng

    RE/MAX Simply

    (201) 965-0782

    18 in this area

    69 Total Sales

    Rosa Choi-Kahng
    Section Image

  • C

    Tenant's Agent in 2023

    Clara Hahn

    Cosmo Realty, Inc.

    (201) 925-3660

    5 Total Sales

    Clara Hahn
    Section Image

  • S

    Seller's Agent in 2022

    Stella Um

    RE/MAX NOW - Palisades Park

    (917) 747-9367

    5 Total Sales

    Stella Um
    Section Image
  • Thomas Lee

    Buyer's Agent in 2022

    Thomas Lee

    2Win Realty LLC

    (848) 565-1425

    2 in this area

    31 Total Sales

    Thomas Lee
    Section Image
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Map

Source: New Jersey MLS

MLS Number: 23023328

New Jersey MLS

APN: 19-04453-0000-00017

New Jersey Bergen County Fort Lee 07024

487 Summit Ave Unit 1, Fort Lee, NJ

This home is located at 487 Summit Ave Unit 1, Fort Lee, NJ 07024 since 27 July 2023 and is currently priced at $929,175. This property was built in 1920. 487 Summit Ave Unit 1 is a home located in Bergen County with nearby schools including Fort Lee High School and Christ the Teacher Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

New Jersey MLS The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.

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