53 Shunpike Rd Summit, NJ 07901
Estimated Value: $1,022,000
Studio
--
Bath
2,218
Sq Ft
$461/Sq Ft
Est. Value
About This Home
This home is located at 53 Shunpike Rd, Summit, NJ 07901 and is currently estimated at $1,022,000, approximately $460 per square foot. 53 Shunpike Rd is a home located in Union County with nearby schools including L C Johnson Summit Middle School, Summit Sr High School, and St James The Apostle School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 7, 2021
Sold by
Morris Avenue Investment Llc and Morris Avenue Investments Llc
Bought by
Summit East Corporate Property Llc
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
$22,500,000
Outstanding Balance
$20,281,995
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
-$19,259,995
Purchase Details
Closed on
Mar 11, 2008
Sold by
Caporaso Stables Llc
Bought by
Morris Avenue Investments Llc
Purchase Details
Closed on
Nov 20, 2001
Sold by
Carlin Theresa and Hayes Joanne
Bought by
Carlin Theresa and Hayes Joanne
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Summit East Corporate Property Llc | $300,000 | Advantage Title | |
| Morris Avenue Investments Llc | $1,100,000 | None Available | |
| Carlin Theresa | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Summit East Corporate Property Llc | $22,500,000 |
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 | $5,428 | $124,600 | $124,600 | -- |
| 2024 | $5,391 | $124,600 | $124,600 | -- |
| 2023 | $5,391 | $124,600 | $124,600 | $0 |
| 2022 | $5,337 | $124,600 | $124,600 | $0 |
| 2021 | $5,379 | $124,600 | $124,600 | $0 |
| 2020 | $5,433 | $124,600 | $124,600 | $0 |
| 2019 | $5,439 | $124,600 | $124,600 | $0 |
| 2018 | $5,404 | $124,600 | $124,600 | $0 |
| 2017 | $5,439 | $124,600 | $124,600 | $0 |
| 2016 | $5,359 | $124,600 | $124,600 | $0 |
| 2015 | $5,254 | $124,600 | $124,600 | $0 |
| 2014 | $5,119 | $124,600 | $124,600 | $0 |
Source: Public Records
Map
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