5 Lorraine Rd Summit, NJ 07901
Estimated Value: $1,835,757 - $2,388,000
Studio
--
Bath
2,725
Sq Ft
$796/Sq Ft
Est. Value
About This Home
This home is located at 5 Lorraine Rd, Summit, NJ 07901 and is currently estimated at $2,170,439, approximately $796 per square foot. 5 Lorraine 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
Jul 25, 2004
Sold by
Campbell Douglas
Bought by
Levy Steven and Levy Rachael
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
$840,000
Outstanding Balance
$421,297
Interest Rate
6.28%
Estimated Equity
$1,749,142
Purchase Details
Closed on
Aug 29, 2001
Sold by
Anderson Janice P and Goutzioulis Stephan
Bought by
Campbell Douglas L and Campbell Becky J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.5%
Purchase Details
Closed on
Jul 14, 1995
Sold by
Bianca Ralph and Bianca Judy A
Bought by
Anderson Janice P
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Levy Steven | $1,165,000 | -- | |
| Campbell Douglas L | $991,500 | -- | |
| Anderson Janice P | $477,500 | Lawyers Title Insurance Corp |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Levy Steven | $840,000 | |
| Previous Owner | Campbell Douglas L | $600,000 |
Source: Public Records
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 | $22,481 | $516,100 | $214,600 | $301,500 |
| 2024 | $22,332 | $516,100 | $214,600 | $301,500 |
| 2023 | $22,332 | $516,100 | $214,600 | $301,500 |
| 2022 | $22,105 | $516,100 | $214,600 | $301,500 |
| 2021 | $22,280 | $516,100 | $214,600 | $301,500 |
| 2020 | $22,502 | $516,100 | $214,600 | $301,500 |
| 2019 | $22,528 | $516,100 | $214,600 | $301,500 |
| 2018 | $20,982 | $483,800 | $214,600 | $269,200 |
| 2017 | $21,118 | $483,800 | $214,600 | $269,200 |
| 2016 | $20,808 | $483,800 | $214,600 | $269,200 |
| 2015 | $20,402 | $483,800 | $214,600 | $269,200 |
| 2014 | $19,875 | $483,800 | $214,600 | $269,200 |
Source: Public Records
Map
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