53 Wallace Rd Summit, NJ 07901
Estimated Value: $980,604 - $1,424,000
4
Beds
3
Baths
2,134
Sq Ft
$551/Sq Ft
Est. Value
About This Home
This home is located at 53 Wallace Rd, Summit, NJ 07901 and is currently estimated at $1,175,151, approximately $550 per square foot. 53 Wallace Rd 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.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 28, 2004
Sold by
Carey Charles
Bought by
Chang Tai Yoan
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
$333,000
Outstanding Balance
$166,515
Interest Rate
6.02%
Estimated Equity
$1,008,636
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chang Tai Yoan | $650,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chang Tai Yoan | $333,000 |
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 | $12,402 | $284,700 | $153,000 | $131,700 |
| 2024 | $12,319 | $284,700 | $153,000 | $131,700 |
| 2023 | $12,319 | $284,700 | $153,000 | $131,700 |
| 2022 | $12,194 | $284,700 | $153,000 | $131,700 |
| 2021 | $12,291 | $284,700 | $153,000 | $131,700 |
| 2020 | $12,413 | $284,700 | $153,000 | $131,700 |
| 2019 | $12,427 | $284,700 | $153,000 | $131,700 |
| 2018 | $12,347 | $284,700 | $153,000 | $131,700 |
| 2017 | $12,427 | $284,700 | $153,000 | $131,700 |
| 2016 | $12,245 | $284,700 | $153,000 | $131,700 |
| 2015 | $12,006 | $284,700 | $153,000 | $131,700 |
| 2014 | $11,695 | $284,700 | $153,000 | $131,700 |
Source: Public Records
Map
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