NOT LISTED FOR SALE

5 Lincoln Ave Summit, NJ 07901

Summit Area

Estimated Value: $1,144,000 - $1,423,075

3 Beds
3 Baths
1,932 Sq Ft
$652/Sq Ft Est. Value

Sale Details

Date Sold: May 3, 2021

Last sale price $775,000 $401 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $8,061 / mo

8 Days on Market

About This Home

As of May 2021

This home is located at 5 Lincoln Ave, Summit, NJ 07901 since 24 February 2021 and is currently estimated at $1,259,269, approximately $651 per square foot. This property was built in 1971. 5 Lincoln 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

Elyse Wolfe

COMPASS NEW JERSEY, LLC Brokerage Phone: 973-310-6816 Listed on: 02/24/2021

COMPASS NEW JERSEY, LLC

Co-Listed By

Stacie Levy

COMPASS NEW JERSEY, LLC Brokerage Phone: 973-310-6816

Last Buyer's Agent

Moses Oliva

MOSES & CO.

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1971

Lot Details

  • 8,407

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 1971

Lot Details

8,407 Sq Ft Lot

Listing Details

  • Year Built: 1971
  • County Name: Union
  • I D: 5047964
  • Attribution Contact: 973-310-6816
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 3.00

Lot Info

  • Lot Size: .193AC

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
Feb 24, 2021
Closed on
Apr 27, 2021
Sold by
Mangan Eric J and Garcia Marcela
Bought by
Seller's Agent
Elyse Wolfe
COMPASS NEW JERSEY, LLC
Buyer's Agent
Moses Oliva
MOSES & CO.
List Price
$729,000
Sold Price
$775,000
Premium/Discount to List
$46,000
6.31%
Current Estimated Value
$1,259,269

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$484,269
Avg. Annual Appreciation
9.57%
Original Mortgage
$620,000
Outstanding Balance
$549,775
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$709,494

Purchase Details

Closed on
Jan 8, 2009
Sold by
Mangan Eric J and Garcia Marcela
Bought by
Mangan Eric J

Purchase Details

Closed on
Aug 7, 2008
Sold by
Santillan Hector and Luna Bella
Bought by
Mangan Eric J and Garcia Marcela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 14, 2002
Sold by
Novartis Pharmaceuticals
Bought by
Santillan Hector and Luna Bella
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

  • Mackenson Bonnet Real Estate Agent - WEICHERT REALTORS

    Mackenson Bonnet

    WEICHERT REALTORS

    (862) 272-3446

    61 Total Sales

    1 in Summit

    $465,000 Price

    Mackenson Bonnet
     Section Image
  • Nicole Levine Real Estate Agent - WEICHERT REALTORS

    Nicole Levine

    WEICHERT REALTORS

    (862) 259-6555

    76 Total Sales

    1 in Summit

    $601,000 Price

    Nicole Levine
     Section Image
  • Wendy Dessanti Real Estate Agent - Weichert Realtors, Tenafly-Cresskill

    Wendy Dessanti

    Responds Quickly

    Weichert Realtors, Tenafly-Cresskill

    (551) 345-5188

    28 Total Sales

    2 in Summit

    $950K - $1.3M Price Range

    Wendy Dessanti
     Section Image
  • Michele Klug Real Estate Agent - KELLER WILLIAMS TOWNE SQUARE

    Michele Klug

    KELLER WILLIAMS TOWNE SQUARE

    (908) 883-3374

    656 Total Sales

    1 in Summit

    $800,000 Price

    Michele Klug
     Section Image
  • Lorraine First Real Estate Agent - KL SOTHEBY'S INT'L. REALTY

    Lorraine First

    KL SOTHEBY'S INT'L. REALTY

    (857) 305-4661

    63 Total Sales

    1 in Summit

    $716,000 Price

    Lorraine First
     Section Image
  • Donald Hansen Real Estate Agent - C-21 NEW BEGINNINGS

    Donald Hansen

    C-21 NEW BEGINNINGS

    (908) 503-2639

    61 Total Sales

    1 in Summit

    $400,000 Price

    Donald Hansen
     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
$775,000 Old Republic Title
Mangan Eric J -- All Pro Title Group Llc
Mangan Eric J $420,000 Stewart Title Guaranty Co
Santillan Hector $325,000 --
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 $620,000
Previous Owner Mangan Eric J $336,000
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
05/03/2021 05/03/21 Sold $775,000 +6.3% $401 / Sq Ft
03/04/2021 03/04/21 Pending -- -- --
02/24/2021 02/24/21 For Sale $729,000 -- $377 / 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 $13,753 $307,600 $103,400 $204,200
2025 $13,753 $307,600 $103,400 $204,200
2024 $13,310 $307,600 $103,400 $204,200
2023 $13,310 $307,600 $103,400 $204,200
2022 $13,175 $307,600 $103,400 $204,200
2021 $9,523 $220,600 $103,400 $117,200
2020 $9,618 $220,600 $103,400 $117,200
2019 $9,337 $213,900 $103,400 $110,500
2018 $8,592 $198,100 $103,400 $94,700
2017 $8,647 $198,100 $103,400 $94,700
2016 $8,520 $198,100 $103,400 $94,700
2015 $8,354 $198,100 $103,400 $94,700
2014 $8,138 $198,100 $103,400 $94,700
Source: Public Records

Agents Affiliated with this Home

  • Elyse Wolfe Real Estate Agent - COMPASS NEW JERSEY, LLC

    Seller's Agent in 2021

    Elyse Wolfe

    COMPASS NEW JERSEY, LLC

    (201) 704-7747

    60 Total Sales

    Elyse Wolfe
    Section Image
  • Stacie Levy Real Estate Agent - COMPASS NEW JERSEY, LLC

    Seller Co-Listing Agent in 2021

    Stacie Levy

    COMPASS NEW JERSEY, LLC

    (917) 686-3821

    21 Total Sales

    Stacie Levy
    Section Image
  • Moses Oliva Real Estate Agent - MOSES & CO.

    Buyer's Agent in 2021

    Moses Oliva

    MOSES & CO.

    (862) 832-8898

    43 Total Sales

    Moses Oliva
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3693839

Garden State MLS

APN: 18-00501-0000-00027

New Jersey Union County Summit 07901

5 Lincoln Ave, Summit, NJ

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Information deemed reliable but not guaranteed.
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