NOT LISTED FOR SALE

51 Park Ave Summit, NJ 07901

Estimated Value: $910,000 - $1,121,000

3 Beds
3 Baths
-- Sq Ft
5,227 Sq Ft Lot

Last Sold August 18, 2021

Last sale price $655,000

Est. 52% increase in value since last sale

Current estimated payment $6,170/month

48 Days on Market

About This Home

As of August 2021

This home is located at 51 Park Ave, Summit, NJ 07901 since 27 May 2021 and is currently estimated at $1,012,838. This property was built in 2005. 51 Park 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.

Last Buyer's Agent

VERONICA FERNANDEZ

CHRISTIE'S INT. REAL ESTATE GROUP

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2005

Lot Details

  • 5,227

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Year Built: 2005
  • County Name: Union
  • I D: 5067333
  • Attribution Contact: 908-273-0400
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 2.20

Lot Info

  • Lot Size: 0.126

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2021
Closed on
Aug 17, 2021
Sold by
Scheider Catherine Pulcino and Scheider Glenn C
Bought by
Perkins Matthew and Perkins Kimberly
Buyer's Agent
VERONICA FERNANDEZ
CHRISTIE'S INT. REAL ESTATE GROUP
List Price
$685,000
Sold Price
$655,000
Premium/Discount to List
-$30,000
-4.38%
Current Estimated Value
$996,731

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$341,731
Avg. Annual Appreciation
10.41%
Original Mortgage
$572,500
Outstanding Balance
$519,796
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$493,042
Source: Public Records

Range of Values:

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

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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
Perkins Matthew $655,000 Safe Land Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perkins Matthew $572,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/18/2021 08/18/21 Sold $655,000 -4.4% --
07/27/2021 07/27/21 For Sale $685,000 0.0% --
07/20/2021 07/20/21 Pending -- -- --
07/19/2021 07/19/21 Pending -- -- --
06/21/2021 06/21/21 Price Changed $685,000 -4.2% --
06/01/2021 06/01/21 For Sale $715,000 -- --
Source: Garden State MLS

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 $11,491 $263,800 $72,800 $191,000
2024 $11,415 $263,800 $72,800 $191,000
2023 $11,415 $263,800 $72,800 $191,000
2022 $11,299 $263,800 $72,800 $191,000
2021 $10,957 $253,800 $72,800 $181,000
2020 $11,066 $253,800 $72,800 $181,000
2019 $11,078 $253,800 $72,800 $181,000
2018 $11,007 $253,800 $72,800 $181,000
2017 $11,078 $253,800 $72,800 $181,000
2016 $10,916 $253,800 $72,800 $181,000
2015 $10,703 $253,800 $72,800 $181,000
2014 $10,426 $253,800 $72,800 $181,000
Source: Public Records

Agents Affiliated with this Home

  • VERONICA FERNANDEZ

    Buyer's Agent in 2021

    VERONICA FERNANDEZ

    CHRISTIE'S INT. REAL ESTATE GROUP

    (908) 233-5555

    1 in this area

    10 Total Sales

    VERONICA FERNANDEZ
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Map

Source: Garden State MLS

MLS Number: 3715717

Garden State MLS

APN: 18-04003-0000-00020-01

New Jersey Union County Summit 07901

51 Park Ave, Summit, NJ

Not Listed for Sale

Detached

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