50 Prospect Hill Ave Summit, NJ 07901
Estimated Value: $4,758,340 - $5,699,000
--
Bed
--
Bath
6,827
Sq Ft
$751/Sq Ft
Est. Value
About This Home
This home is located at 50 Prospect Hill Ave, Summit, NJ 07901 and is currently estimated at $5,128,780, approximately $751 per square foot. 50 Prospect Hill 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.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 26, 2022
Sold by
Greig Iii Thomas G
Bought by
Williams Evan F and Williams Maria K
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
$2,160,000
Outstanding Balance
$2,078,666
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$2,992,591
Purchase Details
Closed on
Dec 11, 2013
Sold by
Moriarty Mary Eileen
Bought by
Moriarty Robert F and Moriarty Mary Eileen
Purchase Details
Closed on
Sep 30, 1982
Bought by
Greig Thomas G and Greig Mary M
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Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Williams Evan F | $4,320,000 | Fidelity National Title | |
Greig Thomas G | $375,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Williams Evan F | $2,160,000 |
Source: Public Records
Tax History Compared to Growth
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 | $60,418 | $1,396,300 | $599,500 | $796,800 |
2023 | $60,418 | $1,396,300 | $599,500 | $796,800 |
2022 | $59,804 | $1,396,300 | $599,500 | $796,800 |
2021 | $60,278 | $1,396,300 | $599,500 | $796,800 |
2020 | $60,879 | $1,396,300 | $599,500 | $796,800 |
2019 | $60,949 | $1,396,300 | $599,500 | $796,800 |
2018 | $60,558 | $1,396,300 | $599,500 | $796,800 |
2017 | $60,949 | $1,396,300 | $599,500 | $796,800 |
2016 | $60,055 | $1,396,300 | $599,500 | $796,800 |
2015 | $58,882 | $1,396,300 | $599,500 | $796,800 |
2014 | $57,360 | $1,396,300 | $599,500 | $796,800 |
Source: Public Records
Map
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