NOT LISTED FOR SALE

507 Summit Ave Unit 2 Westfield, NJ 07090

Estimated Value: $776,000 - $1,280,000

3 Beds
2 Baths
3,104 Sq Ft
$346/Sq Ft Est. Value

About This Home

This home is located at 507 Summit Ave Unit 2, Westfield, NJ 07090 and is currently estimated at $1,073,523, approximately $345 per square foot. 507 Summit Ave Unit 2 is a home located in Union County with nearby schools including McKinley Elementary School, Edison Intermediate School, and Westfield Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 6, 2021
Sold by
Mera Manuel and Mera Karen
Bought by
Zazzaro Michael and Vilacha Monica
Current Estimated Value
$1,045,285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Outstanding Balance
$468,556
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$550,255

Purchase Details

Closed on
Jun 15, 2000
Sold by
Mera Manuel and Mera Salome
Bought by
Mera Manuel and Mera Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6%
Mortgage Type
Seller Take Back
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
Zazzaro Michael $650,000 Pro National Title Agency
Mera Manuel $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zazzaro Michael $520,000
Closed Zazzaro Michael $520,000
Previous Owner Mera Manuel $200,000
Previous Owner Traynor Drew N $104,500
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
2024 $13,245 $600,400 $261,500 $338,900
2023 $13,245 $600,400 $261,500 $338,900
2022 $12,969 $600,400 $261,500 $338,900
2021 $12,987 $600,400 $261,500 $338,900
2020 $12,957 $600,400 $261,500 $338,900
2019 $12,909 $600,400 $261,500 $338,900
2018 $11,621 $125,000 $51,900 $73,100
2017 $11,558 $125,000 $51,900 $73,100
2016 $11,286 $125,000 $51,900 $73,100
2015 $11,061 $125,000 $51,900 $73,100
2014 $10,696 $125,000 $51,900 $73,100
Source: Public Records

Map

New Jersey Union County Westfield 07090

507 Summit Ave Unit 2, Westfield, NJ

This home is located at 507 Summit Ave Unit 2, Westfield, NJ 07090 and is currently estimated at $1,073,523, approximately $345 per square foot. 507 Summit Ave Unit 2 is a home located in Union County with nearby schools including McKinley Elementary School, Edison Intermediate School, and Westfield Senior High School.

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