5 E Summit St Somerville, NJ 08876
Estimated Value: $475,478 - $561,000
--
Bed
--
Bath
1,358
Sq Ft
$384/Sq Ft
Est. Value
About This Home
This home is located at 5 E Summit St, Somerville, NJ 08876 and is currently estimated at $522,120, approximately $384 per square foot. 5 E Summit St is a home located in Somerset County with nearby schools including Van Derveer School, Somerville Middle School, and Somerville High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 22, 1996
Sold by
Freitag Wayne
Bought by
Phillips James and Phillips Kathleen
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
$134,000
Outstanding Balance
$9,714
Interest Rate
8.27%
Estimated Equity
$512,406
Purchase Details
Closed on
Apr 12, 1989
Sold by
Mosurick Walter and Mosurick Janet
Bought by
Freitag Wayne A and Freitag Cyrek,Ann
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Phillips James | $168,000 | -- | |
| Freitag Wayne A | $165,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Phillips James | $134,000 |
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 | $10,416 | $263,500 | $129,700 | $133,800 |
| 2024 | $10,416 | $263,500 | $129,700 | $133,800 |
| 2023 | $10,176 | $263,500 | $129,700 | $133,800 |
| 2022 | $9,910 | $263,500 | $129,700 | $133,800 |
| 2021 | $9,578 | $263,500 | $129,700 | $133,800 |
| 2020 | $9,644 | $263,500 | $129,700 | $133,800 |
| 2019 | $9,578 | $263,500 | $129,700 | $133,800 |
| 2018 | $9,475 | $263,500 | $129,700 | $133,800 |
| 2017 | $9,280 | $263,500 | $129,700 | $133,800 |
| 2016 | $8,904 | $263,500 | $129,700 | $133,800 |
| 2015 | $8,785 | $260,900 | $129,700 | $131,200 |
| 2014 | $8,560 | $260,900 | $129,700 | $131,200 |
Source: Public Records
Map
Nearby Homes
- 21 W Cliff St
- 81 Grove St Unit 83
- 81-83 Grove St
- 23 W Spring St
- 84 Grove St
- 361 William St
- 35 W High St
- 32 Maple St
- 401 Highway22b40u6 Unit F
- 30 Demond Place
- 44 Mechanic St
- 36 S Bridge St
- 30 W End Ave
- 211 E High St
- 12 Schoolhouse Ln
- 56-58 Hamilton St
- 27 2nd St
- 21 Second St
- 3 Prospect St
- 96 Eastern Ave
- 1 E Summit St
- 9 E Summit St
- 11 E Summit St
- 17 E Summit St
- 123 N Bridge St
- 121 N Bridge St
- 21 E Summit St
- 117 N Bridge St Unit 119
- 0 E Summit St
- 118 N Bridge St
- 114 N Bridge St Unit 94H
- 120 N Bridge St
- 122 N Bridge St
- 116 N Bridge St
- 112 N Bridge St
- 16 E Summit St
- 18-20 E Summit St
- 111 N Bridge St
- 25 E Summit St
- 18 E Summit St Unit 20