49 Wallace Rd Summit, NJ 07901
Estimated Value: $1,041,236 - $1,522,000
Studio
--
Bath
2,165
Sq Ft
$614/Sq Ft
Est. Value
About This Home
This home is located at 49 Wallace Rd, Summit, NJ 07901 and is currently estimated at $1,329,559, approximately $614 per square foot. 49 Wallace Rd 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
Closed on
Jun 26, 2008
Sold by
Gigantino Leonard
Bought by
Trust B and Gigantino Louise A
Current Estimated Value
Purchase Details
Closed on
Aug 1, 2000
Sold by
Gigantino Leonard and Gigantino Louise
Bought by
Gigantino Louise
Purchase Details
Closed on
Oct 6, 1993
Sold by
Citibank Natl
Bought by
Gigantino Leonard and Gigantino Louise
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.73%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Trust B | -- | None Available | |
| Gigantino Louise | -- | -- | |
| Gigantino Leonard | $280,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Gigantino Leonard | $80,000 |
Source: Public Records
Tax History Compared to Growth
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 | $12,685 | $291,200 | $153,000 | $138,200 |
| 2024 | $12,600 | $291,200 | $153,000 | $138,200 |
| 2023 | $12,600 | $291,200 | $153,000 | $138,200 |
| 2022 | $12,472 | $291,200 | $153,000 | $138,200 |
| 2021 | $12,571 | $291,200 | $153,000 | $138,200 |
| 2020 | $12,696 | $291,200 | $153,000 | $138,200 |
| 2019 | $12,711 | $291,200 | $153,000 | $138,200 |
| 2018 | $12,629 | $291,200 | $153,000 | $138,200 |
| 2017 | $12,711 | $291,200 | $153,000 | $138,200 |
| 2016 | $12,525 | $291,200 | $153,000 | $138,200 |
| 2015 | $12,280 | $291,200 | $153,000 | $138,200 |
| 2014 | $11,963 | $291,200 | $153,000 | $138,200 |
Source: Public Records
Map
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