NOT LISTED FOR SALE

5 Midland Terrace Summit, NJ 07901

Estimated Value: $1,016,509 - $1,674,000

-- Bed
-- Bath
1,608 Sq Ft
$867/Sq Ft Est. Value

About This Home

This home is located at 5 Midland Terrace, Summit, NJ 07901 and is currently estimated at $1,394,877, approximately $867 per square foot. 5 Midland Terrace is a home located in Union County with nearby schools including L C Johnson Summit Middle School, Summit Sr High School, and Oak Knoll School of the Holy Child.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 26, 2002
Sold by
Shaw Thomas J and Shaw Toshiko
Bought by
Nicoletti Peter and Kaufman Randi
Current Estimated Value
$1,394,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.85%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 11, 1998
Sold by
Helmer Michael and Helmer Eileen
Bought by
Shaw Thomas J and Shaw Toshiko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,000
Interest Rate
6.59%
Source: Public Records

Range of Values:

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

Date Buyer Sale Price Title Company
Nicoletti Peter $612,000 --
Shaw Thomas J $429,888 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kaufman Randi $371,000
Closed Kaufman Randi $485,000
Closed Kaufman Randi $75,000
Previous Owner Shaw Thomas J $220,000
Previous Owner Shaw Thomas J $325,000
Previous Owner Nicoletti Peter $459,000
Previous Owner Shaw Thomas J $100,000
Previous Owner Shaw Thomas J $227,000
Source: Public Records

Tax History Compared to Growth

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 $13,809 $317,000 $196,200 $120,800
2024 $13,717 $317,000 $196,200 $120,800
2023 $13,717 $317,000 $196,200 $120,800
2022 $13,577 $317,000 $196,200 $120,800
2021 $13,685 $317,000 $196,200 $120,800
2020 $13,821 $317,000 $196,200 $120,800
2019 $13,837 $317,000 $196,200 $120,800
2018 $13,748 $317,000 $196,200 $120,800
2017 $13,837 $317,000 $196,200 $120,800
2016 $13,634 $317,000 $196,200 $120,800
2015 $13,368 $317,000 $196,200 $120,800
2014 $13,022 $317,000 $196,200 $120,800
Source: Public Records

Map

New Jersey Union County Summit 07901

5 Midland Terrace, Summit, NJ

This home is located at 5 Midland Terrace, Summit, NJ 07901 and is currently estimated at $1,394,877, approximately $867 per square foot. 5 Midland Terrace is a home located in Union County with nearby schools including L C Johnson Summit Middle School, Summit Sr High School, and Oak Knoll School of the Holy Child.

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