NOT LISTED FOR SALE

49 Park Ave Summit, NJ 07901

Summit Area

Estimated Value: $1,067,768 - $1,335,000

Studio
-- Baths
2,575 Sq Ft
$470/Sq Ft Est. Value

Sale Details

Date Sold: March 29, 2019

Last sale price $725,000 $282 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $8,124 / mo

72 Days on Market

About This Home

As of March 2019

This home is located at 49 Park Ave, Summit, NJ 07901 since 07 November 2018 and is currently estimated at $1,209,192, approximately $469 per square foot. This property was built in 1925. 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.

Last Agent to Sell the Property

Christina McGeough

COLDWELL BANKER REALTY Brokerage Email: info@turpinrealtors.com Listed on: 11/07/2018

COLDWELL BANKER REALTY

Last Buyer's Agent

SCOTT J. MENNIG

KELLER WILLIAMS REALTY

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 5,227 Sq Ft Lot

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Year Built: 1925
  • County Name: Union
  • I D: 4849288
  • Attribution Contact: info@turpinrealtors.com
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Total Acres: 0.12

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
Nov 7, 2018
Closed on
Mar 19, 2019
Sold by
Park Avenue Partners Llc
Bought by
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
$1,209,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$484,192
Avg. Annual Appreciation
7.13%
Original Mortgage
$543,750
Outstanding Balance
$397,746
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$811,446

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

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Summit, NJ

  • Massimo Chirichiello Real Estate Agent - SERHANT NEW JERSEY LLC

    Massimo Chirichiello

    SERHANT NEW JERSEY LLC

    (973) 315-6877

    49 Total Sales

    1 in Summit

    $840,000 Price

    Massimo Chirichiello
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  • Nancy Chu Real Estate Agent - Keller Williams Realty - NJ Metro Group

    Nancy Chu

    Keller Williams Realty - NJ Metro Group

    (973) 604-6671

    305 Total Sales

    2 in Summit

    $875,000 Price Range

    Nancy Chu
     Section Image
  • Frank LaMorte Real Estate Agent - LATTIMER REALTY

    Frank LaMorte

    LATTIMER REALTY

    (862) 298-5327

    171 Total Sales

    1 in Summit

    $1,350,000 Price

    Frank LaMorte
     Section Image
  • Mikaela Arpino Real Estate Agent - NJ Real Estate Boutique, LLC

    Mikaela Arpino

    NJ Real Estate Boutique, LLC

    (862) 860-1682

    337 Total Sales

    2 in Summit

    $509K - $1.4M Price Range

    Mikaela Arpino
     Section Image
  • Shuang Liang Real Estate Agent - Premiumone Realty

    Shuang Liang

    Premiumone Realty

    (862) 214-7430

    74 Total Sales

    3 in Summit

    $1.1M - $1.8M Price Range

    Shuang Liang
     Section Image
  • Anita Vogel Real Estate Agent - Weichert Realtors, Montclair

    Anita Vogel

    Weichert Realtors, Montclair

    (862) 292-4859

    14 Total Sales

    2 in Summit

    $400,000 Price Range

    Anita Vogel
     Section Image
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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
$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

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
Open $543,750
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
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
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 $17,817 $398,500 $63,900 $334,600
2025 $17,817 $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 Real Estate Agent - COLDWELL BANKER REALTY

    Seller's Agent in 2019

    Christina McGeough

    COLDWELL BANKER REALTY

    (201) 400-9844

    36 Total Sales

    Christina McGeough
    Section Image

  • SM

    Buyer's Agent in 2019

    SCOTT J. MENNIG

    KELLER WILLIAMS REALTY

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Map

Source: Garden State MLS

MLS Number: 3514233

Garden State MLS

APN: 18-04003-0000-00019

New Jersey Union County Summit 07901

49 Park Ave, Summit, NJ

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