488 Summit Ave Maplewood, NJ 07040
Estimated Value: $1,029,000 - $1,224,000
Studio
--
Bath
2,508
Sq Ft
$452/Sq Ft
Est. Value
About This Home
This home is located at 488 Summit Ave, Maplewood, NJ 07040 and is currently estimated at $1,133,848, approximately $452 per square foot. 488 Summit Ave is a home located in Essex County with nearby schools including Clinton Elementary School, South Orange Middle School, and Columbia Senior High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 17, 2007
Sold by
Galante Anthony C and Galante Cheryl L
Bought by
Lloyd Cheryl Lynne
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,700
Outstanding Balance
$314,309
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$819,539
Purchase Details
Closed on
Apr 30, 2002
Sold by
Marzano Rudolph
Bought by
Galante Anthony and Galante Cheryl
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$371,600
Interest Rate
7.13%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lloyd Cheryl Lynne | -- | Chicago Title | |
| Galante Anthony | $464,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lloyd Cheryl Lynne | $520,700 | |
| Closed | Galante Anthony | $371,600 |
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 | $23,944 | $1,035,200 | $459,400 | $575,800 |
| 2024 | $22,419 | $1,035,200 | $459,400 | $575,800 |
| 2022 | $21,861 | $620,000 | $298,800 | $321,200 |
| 2021 | $21,198 | $620,000 | $298,800 | $321,200 |
| 2020 | $20,596 | $620,000 | $298,800 | $321,200 |
| 2019 | $20,001 | $620,000 | $298,800 | $321,200 |
| 2018 | $19,487 | $620,000 | $298,800 | $321,200 |
| 2017 | $20,166 | $661,400 | $298,800 | $362,600 |
| 2016 | $20,743 | $562,900 | $266,300 | $296,600 |
| 2015 | $20,264 | $562,900 | $266,300 | $296,600 |
| 2014 | $19,837 | $562,900 | $266,300 | $296,600 |
Source: Public Records
Map
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