NOT LISTED FOR SALE

518 Summit Ave Fort Lee, NJ 07024

Estimated Value: $627,440 - $793,000

-- Bed
-- Bath
1,292 Sq Ft
$539/Sq Ft Est. Value

About This Home

This home is located at 518 Summit Ave, Fort Lee, NJ 07024 and is currently estimated at $696,860, approximately $539 per square foot. 518 Summit Ave is a home located in Bergen County with nearby schools including Fort Lee High School and Christ the Teacher Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 1995
Sold by
Mino Josephine
Bought by
Bailis Peter
Current Estimated Value
$696,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Outstanding Balance
$3,654
Interest Rate
7.48%
Estimated Equity
$680,321
Source: Public Records

Range of Values:

Collateral Analytics

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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.

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First American

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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.

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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
Bailis Peter $181,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Bailis Peter $60,000
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
2025 $9,005 $345,400 $219,000 $126,400
2024 $8,545 $345,400 $219,000 $126,400
2023 $8,576 $345,400 $219,000 $126,400
2022 $8,576 $345,400 $219,000 $126,400
2021 $8,400 $345,400 $219,000 $126,400
2020 $8,321 $345,400 $219,000 $126,400
2019 $8,127 $345,400 $219,000 $126,400
2018 $7,937 $345,400 $219,000 $126,400
2017 $7,847 $345,400 $219,000 $126,400
2016 $7,785 $345,400 $219,000 $126,400
2015 $7,606 $345,400 $219,000 $126,400
2014 $7,464 $345,400 $219,000 $126,400
Source: Public Records

Map

New Jersey Bergen County Fort Lee 07024

518 Summit Ave, Fort Lee, NJ

This home is located at 518 Summit Ave, Fort Lee, NJ 07024 and is currently estimated at $696,860, approximately $539 per square foot. 518 Summit Ave is a home located in Bergen County with nearby schools including Fort Lee High School and Christ the Teacher Academy.

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