5 E Summit St Somerville, NJ 08876
Estimated Value: $469,738 - $551,000
--
Bed
--
Bath
1,358
Sq Ft
$385/Sq Ft
Est. Value
About This Home
This home is located at 5 E Summit St, Somerville, NJ 08876 and is currently estimated at $522,185, 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
$10,649
Interest Rate
8.27%
Estimated Equity
$511,536
Purchase Details
Closed on
Apr 12, 1989
Sold by
Mosurick Walter and Mosurick Janet
Bought by
Freitag Wayne A and Freitag Cyrek,Ann
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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
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