NOT LISTED FOR SALE

51 Summit Ave Chatham, NJ 07928

Estimated Value: $1,490,000 - $1,969,119

-- Bed
-- Bath
1,912 Sq Ft
$958/Sq Ft Est. Value

Last Sold December 04, 2012

Last sale price $523,000 $274 Per Sq Ft

Est. 250% increase in value since last sale

Current estimated payment $12,551/month

About This Home

As of December 2012

This home is located at 51 Summit Ave, Chatham, NJ 07928 since 04 December 2012 and is currently estimated at $1,831,030, approximately $957 per square foot. This property was built in 1890. 51 Summit Ave is a home located in Morris County with nearby schools including Chatham High School, St. Patrick School, and ECLC of New Jersey.

Last Listed By

Carolyn Bardach

COLDWELL BANKER REALTY Brokerage Phone: 973-701-1200 Listed on: 12/04/2012

COLDWELL BANKER REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $27,624

Year Built

  • 1890

Lot Details

  • 0.64 Acre Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$27,624

Year Built

1890

Lot Details

0

Listing Details

  • County Name: Morris
  • Street Number Display: 51
  • I D: 4227398
  • Modified: 2013-12-05
  • Number Images: 1
  • Attribution Contact: 973-701-1200
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1890

Lot Info

  • Lot Size: 115X242
  • Total Acres: 0.64

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 26, 2018
Sold by
221 Main At Madison Llc
Bought by
Cho Lillian and Chung Mark
Total Days on Market
0
Current Estimated Value
$1,831,030

Purchase Details

Listed on
Dec 4, 2012
Closed on
Dec 3, 2012
Sold by
Conklin Dianne L
Bought by
221 Main St Madison Llc
Seller's Agent
Carolyn Bardach
COLDWELL BANKER REALTY
Buyer's Agent
Robert Oquist
RE/MAX ACHIEVERS
Sold Price
$523,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.79%
Original Mortgage
$385,000
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 31, 2005
Sold by
Conklin Dianne L
Bought by
Conklin Dianne L

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
5.85%
Mortgage Type
Credit Line Revolving

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
Cho Lillian $1,490,000 Westcor Land Title Ins Co
221 Main St Madison Llc $523,200 Chicago Title Insurance Comp
Conklin Dianne L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Srikanth Praveen $896,000
Previous Owner 221 Main At Madison Llc $792,500
Previous Owner 221 Main At Madison Llc $985,000
Previous Owner 221 Main St Madison Llc $385,000
Previous Owner Conklin Dianne L $604,500
Previous Owner Conklin Dianne L $400,000
Previous Owner Conklin Dianne L $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2012 12/04/12 Sold $523,000 -- $274 / Sq Ft
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
2024 $27,624 $1,777,600 $608,700 $1,168,900
2023 $27,624 $1,777,600 $608,700 $1,168,900
2022 $21,430 $1,002,800 $375,000 $627,800
2021 $21,430 $1,002,800 $375,000 $627,800
2020 $21,249 $1,002,800 $375,000 $627,800
2019 $21,099 $1,002,800 $375,000 $627,800
2018 $20,507 $1,002,800 $375,000 $627,800
2017 $19,916 $1,002,800 $375,000 $627,800
2016 $8,220 $425,000 $375,000 $50,000
2015 $10,736 $561,800 $375,000 $186,800
Source: Public Records

Agents Affiliated with this Home

  • Carolyn Bardach

    Seller's Agent in 2012

    Carolyn Bardach

    COLDWELL BANKER REALTY

    (973) 229-2851

    113 Total Sales

    Carolyn Bardach
    Section Image
  • Robert Oquist

    Buyer's Agent in 2012

    Robert Oquist

    RE/MAX

    (201) 563-2980

    1 in this area

    49 Total Sales

    Robert Oquist
    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 2936195

Garden State MLS

APN: 04-00124-0000-00011-02

New Jersey Morris County Chatham 07928

51 Summit Ave, Chatham, NJ

Homes for Sale in Chatham, NJ

This home is located at 51 Summit Ave, Chatham, NJ 07928 since 04 December 2012 and is currently estimated at $1,831,030, approximately $957 per square foot. This property was built in 1890. 51 Summit Ave is a home located in Morris County with nearby schools including Chatham High School, St. Patrick School, and ECLC of New Jersey.

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.

Garden State MLS The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.
Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.



This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

Nearby Homes