NOT LISTED FOR SALE

5 Summit Ave Unit 2 Bloomfield, NJ 07003

South Nutley Neighborhood

Estimated Value: $510,049 - $691,000

2 Beds
1 Bath
1,629 Sq Ft
$387/Sq Ft Est. Value

Last Sold October 15, 2021

Last sale price $490,000 $301 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $4,519/month

About This Home

As of October 2021

This home is located at 5 Summit Ave Unit 2, Bloomfield, NJ 07003 and is currently estimated at $630,012, approximately $386 per square foot. 5 Summit Ave Unit 2 is a home located in Essex County with nearby schools including Franklin School, Bloomfield Middle School, and Bloomfield High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2020
Closed on
Oct 5, 2021
Sold by
Ryan Cristina and Ryan Paul
Bought by
Lisojo Rene and Morales Alma C
Seller's Agent
TONY KOSTOVSKI
CENTURY 21 JR GOLD TEAM REALTY
Buyer's Agent
Mary Ibrahim
COLDWELL BANKER REALTY
List Price
$450,000
Sold Price
$490,000
Premium/Discount to List
$40,000
8.89%
Current Estimated Value
$630,012

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,012
Avg. Annual Appreciation
7.25%
Original Mortgage
$465,500
Outstanding Balance
$429,072
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$200,940

Purchase Details

Closed on
Jun 18, 2004
Sold by
Petronaci Michael
Bought by
Ryan Paul and Ryan Cristina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.32%

Purchase Details

Closed on
Aug 21, 2001
Sold by
Emc Mtg Corp
Bought by
Petronaci Michael and Valerius Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
6.86%

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lisojo Rene $490,000 Evident Title Agency Inc
Ryan Paul $430,000 --
Petronaci Michael $251,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lisojo Rene $465,500
Previous Owner Ryan Paul $86,000
Previous Owner Ryan Paul $400,000
Previous Owner Petronaci Michael $235,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2023 09/15/23 Rented $2,050 0.0% --
09/06/2023 09/06/23 Price Changed $2,050 -2.4% --
05/22/2023 05/22/23 For Rent $2,100 +5.0% --
08/02/2022 08/02/22 Rented $2,000 -4.8% --
06/19/2022 06/19/22 For Rent $2,100 0.0% --
10/15/2021 10/15/21 Sold $490,000 +8.9% --
04/28/2021 04/28/21 Pending -- -- --
04/06/2021 04/06/21 For Sale $450,000 -8.2% --
11/04/2020 11/04/20 Off Market $490,000 -- --
10/19/2020 10/19/20 For Sale $420,000 0.0% --
08/28/2020 08/28/20 Pending -- -- --
07/28/2020 07/28/20 For Sale $420,000 -- --

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
2024 $12,317 $376,900 $120,100 $256,800
2022 $12,068 $376,900 $120,100 $256,800
2021 $11,846 $376,900 $120,100 $256,800
2020 $11,665 $376,900 $120,100 $256,800
2019 $11,525 $289,500 $116,900 $172,600
2018 $11,476 $289,500 $116,900 $172,600
2017 $11,302 $289,500 $116,900 $172,600
2016 $11,175 $289,500 $116,900 $172,600
2015 $11,073 $289,500 $116,900 $172,600
2014 $10,871 $289,500 $116,900 $172,600
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Mary Ibrahim

    Coldwell Banker, Montclair

    (201) 889-7865

    1 in this area

    8 Total Sales

    Mary Ibrahim
    Section Image
  • Courtney Waters

    Buyer's Agent in 2022

    Courtney Waters

    RE/MAX

    (908) 797-5745

    43 Total Sales

    Courtney Waters
    Section Image

  • T

    Seller's Agent in 2021

    TONY KOSTOVSKI

    CENTURY 21 JR GOLD TEAM REALTY

See All Agents

Map

New Jersey Essex County Bloomfield 07003 South Nutley

5 Summit Ave Unit 2, Bloomfield, NJ

Homes for Sale in Bloomfield, NJ

This home is located at 5 Summit Ave Unit 2, Bloomfield, NJ 07003 and is currently estimated at $630,012, approximately $386 per square foot. 5 Summit Ave Unit 2 is a home located in Essex County with nearby schools including Franklin School, Bloomfield Middle School, and Bloomfield High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes