NOT LISTED FOR SALE

5 Lorraine Rd Summit, NJ 07901

Estimated Value: $1,870,502 - $2,305,000

Studio
-- Bath
2,725 Sq Ft
$770/Sq Ft Est. Value

About This Home

This home is located at 5 Lorraine Rd, Summit, NJ 07901 and is currently estimated at $2,098,126, approximately $769 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

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

Closed on
Jul 25, 2004
Sold by
Bought by
Current Estimated Value
$2,098,126

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
$1,676,829

Purchase Details

Closed on
Aug 29, 2001
Sold by
Bought by

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
Bought by
Source: Public Records

Range of Values:

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

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
$1,165,000 --
$991,500 --
$477,500 Lawyers Title Insurance Corp
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 $840,000
Previous Owner $600,000
Source: Public Records

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
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

New Jersey Union County Summit 07901

5 Lorraine Rd, Summit, NJ

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