R
Seller's Agent in 2024
RALPH VELEZ
QUEENS REALTY
52 Park Ave Summit, NJ 07901
Estimated Value: $764,000 - $901,000
Studio
--
Bath
--
Sq Ft
6,970
Sq Ft Lot
About This Home
As of February 2024This home is located at 52 Park Ave, Summit, NJ 07901 since 25 August 2023 and is currently estimated at $823,811. This property was built in 1910. 52 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 Agent to Sell the Property
RALPH VELEZ
QUEENS REALTY Brokerage Phone: 973-302-7264 Listed on: 08/25/2023
Last Buyer's Agent
ISMENIA M. MENDES
KELLER WILLIAMS MID-TOWN DIRECT
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1910
Lot Details
- 6,970 Sq Ft Lot
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 25, 2023
Closed on
Jan 31, 2024
Sold by
Gonzalez Frank R
Bought by
Summit Properties Investment Llc
Seller's Agent
RALPH VELEZ
QUEENS REALTY
Buyer's Agent
ISMENIA M. MENDES
KELLER WILLIAMS MID-TOWN DIRECT
List Price
$695,000
Sold Price
$680,000
Premium/Discount to List
-$15,000
-2.16%
Views
64
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,811
Avg. Annual Appreciation
9.47%
Original Mortgage
$1,282,500
Outstanding Balance
$1,259,793
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
-$435,982
Purchase Details
Closed on
May 15, 1987
Bought by
Gonzalez Frank R
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Summit Properties Investment Llc | $680,000 | Ridge Title | |
| Summit Properties Investment Llc | $680,000 | Ridge Title | |
| Gonzalez Frank R | $50,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Summit Properties Investment Llc | $1,282,500 | |
| Closed | Summit Properties Investment Llc | $1,282,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/01/2024 02/01/24 | Sold | $680,000 | -2.2% | -- |
| 10/02/2023 10/02/23 | Pending | -- | -- | -- |
| 08/25/2023 08/25/23 | For Sale | $695,000 | -- | -- |
Source: Garden State MLS
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 | $6,556 | $150,500 | $66,000 | $84,500 |
| 2024 | $6,512 | $150,500 | $66,000 | $84,500 |
| 2023 | $6,512 | $150,500 | $66,000 | $84,500 |
| 2022 | $6,446 | $150,500 | $66,000 | $84,500 |
| 2021 | $6,497 | $150,500 | $66,000 | $84,500 |
| 2020 | $6,562 | $150,500 | $66,000 | $84,500 |
| 2019 | $6,569 | $150,500 | $66,000 | $84,500 |
| 2018 | $6,527 | $150,500 | $66,000 | $84,500 |
| 2017 | $6,569 | $150,500 | $66,000 | $84,500 |
| 2016 | $6,473 | $150,500 | $66,000 | $84,500 |
| 2015 | $6,347 | $150,500 | $66,000 | $84,500 |
| 2014 | $6,183 | $150,500 | $66,000 | $84,500 |
Source: Public Records
Agents Affiliated with this Home
-
-
I
Buyer's Agent in 2024
ISMENIA M. MENDES
KELLER WILLIAMS MID-TOWN DIRECT
Map
Source: Garden State MLS
MLS Number: 3862039
APN: 18-04005-0000-00009
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