53 Ashland Rd Summit, NJ 07901
Estimated Value: $1,189,677 - $1,581,000
--
Bed
--
Bath
2,255
Sq Ft
$623/Sq Ft
Est. Value
About This Home
This home is located at 53 Ashland Rd, Summit, NJ 07901 and is currently estimated at $1,404,919, approximately $623 per square foot. 53 Ashland Rd is a home located in Union County with nearby schools including L C Johnson Summit Middle School, Summit Sr High School, and Oak Knoll School of the Holy Child.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 18, 1999
Sold by
Taylor Tracy Francis and Taylor Sherri Andrews
Bought by
George Cherian and Philipose Soma
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Outstanding Balance
$98,638
Interest Rate
7.62%
Mortgage Type
Stand Alone First
Estimated Equity
$1,306,281
Purchase Details
Closed on
Feb 26, 1994
Sold by
Pereira Francis
Bought by
Ruvane John and Ruvane Sharon
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
7.01%
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| George Cherian | $415,000 | -- | |
| Ruvane John | $210,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | George Cherian | $332,000 | |
| Previous Owner | Ruvane John | $168,000 |
Source: Public Records
Tax History Compared to Growth
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 | $14,736 | $338,300 | $177,500 | $160,800 |
| 2024 | $14,638 | $338,300 | $177,500 | $160,800 |
| 2023 | $14,638 | $338,300 | $177,500 | $160,800 |
| 2022 | $14,489 | $338,300 | $177,500 | $160,800 |
| 2021 | $14,604 | $338,300 | $177,500 | $160,800 |
| 2020 | $14,750 | $338,300 | $177,500 | $160,800 |
| 2019 | $14,767 | $338,300 | $177,500 | $160,800 |
| 2018 | $14,672 | $338,300 | $177,500 | $160,800 |
| 2017 | $14,649 | $335,600 | $177,500 | $158,100 |
| 2016 | $14,434 | $335,600 | $177,500 | $158,100 |
| 2015 | $14,152 | $335,600 | $177,500 | $158,100 |
| 2014 | $13,786 | $335,600 | $177,500 | $158,100 |
Source: Public Records
Map
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