5 Edison Dr Summit, NJ 07901
Estimated Value: $968,959 - $1,446,000
3
Beds
3
Baths
2,784
Sq Ft
$437/Sq Ft
Est. Value
About This Home
This home is located at 5 Edison Dr, Summit, NJ 07901 and is currently estimated at $1,215,740, approximately $436 per square foot. 5 Edison Dr is a home located in Union County with nearby schools including L C Johnson Summit Middle School, Summit Sr High School, and St James The Apostle School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 31, 2015
Sold by
Ko Kin In and Ko Shyue Yunn E
Bought by
Li Zhen Gui and Li David
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
$495,000
Outstanding Balance
$389,975
Interest Rate
4.08%
Mortgage Type
New Conventional
Estimated Equity
$825,765
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 |
|---|---|---|---|
| Li Zhen Gui | $699,000 | Multiple |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Li Zhen Gui | $495,000 |
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 | $12,619 | $289,700 | $96,100 | $193,600 |
| 2024 | $12,535 | $289,700 | $96,100 | $193,600 |
| 2023 | $12,535 | $289,700 | $96,100 | $193,600 |
| 2022 | $12,408 | $289,700 | $96,100 | $193,600 |
| 2021 | $12,506 | $289,700 | $96,100 | $193,600 |
| 2020 | $12,631 | $289,700 | $96,100 | $193,600 |
| 2019 | $12,645 | $289,700 | $96,100 | $193,600 |
| 2018 | $12,564 | $289,700 | $96,100 | $193,600 |
| 2017 | $12,645 | $289,700 | $96,100 | $193,600 |
| 2016 | $12,460 | $289,700 | $96,100 | $193,600 |
| 2015 | $12,217 | $289,700 | $96,100 | $193,600 |
| 2014 | $11,901 | $289,700 | $96,100 | $193,600 |
Source: Public Records
Map
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