NOT LISTED FOR SALE

49 Park Ave Summit, NJ 07901

Estimated Value: $977,000 - $1,300,000

-- Bed
-- Bath
3,152 Sq Ft
$355/Sq Ft Est. Value

Last Sold March 29, 2019

Last sale price $725,000 $230 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $7,381/month

About This Home

As of March 2019

This home is located at 49 Park Ave, Summit, NJ 07901 and is currently estimated at $1,119,129, approximately $355 per square foot. 49 Park 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2018
Closed on
Mar 19, 2019
Sold by
Park Avenue Partners Llc
Bought by
Molnar James
Seller's Agent
Christina McGeough
COLDWELL BANKER REALTY
Buyer's Agent
SCOTT J. MENNIG
KELLER WILLIAMS REALTY
List Price
$799,000
Sold Price
$725,000
Premium/Discount to List
-$74,000
-9.26%
Current Estimated Value
$1,119,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$394,129
Avg. Annual Appreciation
6.91%
Original Mortgage
$543,750
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 11, 2008
Sold by
Sigma Four Associates
Bought by
Park Avenue Partners Llc

Purchase Details

Closed on
Jun 6, 2002
Sold by
Smith Tina
Bought by
Sigma Four Associates
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Molnar James $725,000 Simplicity Title Llc
Park Avenue Partners Llc $657,000 Fidelity Natl Title Ins Co
Sigma Four Associates $300,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Molnar James $543,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2019 03/29/19 Sold $725,000 -9.3% $282 / Sq Ft
01/18/2019 01/18/19 Pending -- -- --
11/07/2018 11/07/18 For Sale $799,000 -- $310 / Sq Ft

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 $17,359 $398,500 $63,900 $334,600
2024 $17,243 $398,500 $63,900 $334,600
2023 $17,243 $398,500 $63,900 $334,600
2022 $17,068 $398,500 $63,900 $334,600
2021 $17,203 $398,500 $63,900 $334,600
2020 $8,410 $192,900 $63,900 $129,000
2019 $8,420 $192,900 $63,900 $129,000
2018 $8,366 $192,900 $63,900 $129,000
2017 $8,420 $192,900 $63,900 $129,000
2016 $8,297 $192,900 $63,900 $129,000
2015 $8,135 $192,900 $63,900 $129,000
2014 $7,924 $192,900 $63,900 $129,000
Source: Public Records

Agents Affiliated with this Home

  • Christina McGeough

    Seller's Agent in 2019

    Christina McGeough

    COLDWELL BANKER REALTY

    (201) 400-9844

    4 in this area

    32 Total Sales

    Christina McGeough
    Section Image

  • S

    Buyer's Agent in 2019

    SCOTT J. MENNIG

    KELLER WILLIAMS REALTY

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Map

New Jersey Union County Summit 07901

49 Park Ave, Summit, NJ

This home is located at 49 Park Ave, Summit, NJ 07901 and is currently estimated at $1,119,129, approximately $355 per square foot. 49 Park 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.

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.

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