NOT LISTED FOR SALE

54 Valley View Ave Summit, NJ 07901

Estimated Value: $2,416,000 - $2,557,000

5 Beds
5 Baths
3,154 Sq Ft
$783/Sq Ft Est. Value

Last Sold August 10, 2023

Last sale price $2,225,000 $705 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $16,492/month

10 Days on Market

About This Home

As of August 2023

This home is located at 54 Valley View Ave, Summit, NJ 07901 since 17 April 2023 and is currently estimated at $2,470,249, approximately $783 per square foot. This property was built in 1931. 54 Valley View Ave 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.

Last Listed By

Kim Cannon

PROMINENT PROPERTIES SIR Brokerage Phone: 908-273-8808 Listed on: 04/17/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,760

Year Built

  • Built in 1931

Lot Details

  • 0.79

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,760

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Year Built: 1931
  • County Name: Union
  • Street Number Display: 54
  • I D: 5173262
  • Modified: 2024-08-11
  • Number Images: 45
  • Attribution Contact: 908-273-8808
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 4.10

Lot Info

  • Lot Size: .796

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2023
Closed on
Aug 8, 2023
Sold by
Dresdale Diane
Bought by
Sakimura Noah and Sakimura Johannah
Seller's Agent
Kim Cannon
PROMINENT PROPERTIES SIR
Buyer's Agent
Judith Weiniger
WEINIGER REALTY
List Price
$2,200,000
Sold Price
$2,225,000
Premium/Discount to List
$25,000
1.14%
Total Days on Market
10
Views
8
Current Estimated Value
$2,470,249

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,249
Avg. Annual Appreciation
4.88%
Original Mortgage
$1,557,500
Outstanding Balance
$1,538,790
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$877,221

Purchase Details

Closed on
Sep 25, 2008
Sold by
Rogoff Adam and Dresdale Diane
Bought by
Dresdale Diane

Purchase Details

Closed on
Feb 11, 2002
Sold by
Sartorius John
Bought by
Rogoff Adam and Dresdale Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,325
Interest Rate
7.08%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 27, 1995
Sold by
Sartorius John M and Sartorius Judith S
Bought by
Sartorius John M and Sartorius Judith S

Range of Values:

Collateral Analytics

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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
Sakimura Noah $2,225,000 Elite Title
Dresdale Diane -- None Available
Rogoff Adam $955,500 --
Rogoff Adam $955,500 --
Sartorius John M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sakimura Noah $1,557,500
Previous Owner Dresdale Diane $558,200
Previous Owner Dresdale Diane $570,500
Previous Owner Rogoff Adam $143,325
Previous Owner Rogoff Adam $716,625
Previous Owner Sartorius Judith S $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2023 08/10/23 Sold $2,225,000 +1.1% $705 / Sq Ft
04/27/2023 04/27/23 Pending -- -- --
04/17/2023 04/17/23 For Sale $2,200,000 -- $698 / Sq Ft
Source: Garden State MLS

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
2024 $32,760 $757,100 $287,300 $469,800
2023 $32,760 $757,100 $287,300 $469,800
2022 $32,427 $757,100 $287,300 $469,800
2021 $32,684 $757,100 $287,300 $469,800
2020 $33,010 $757,100 $287,300 $469,800
2019 $33,047 $757,100 $287,300 $469,800
2018 $32,835 $757,100 $287,300 $469,800
2017 $33,047 $757,100 $287,300 $469,800
2016 $32,563 $757,100 $287,300 $469,800
2015 $31,927 $757,100 $287,300 $469,800
2014 $31,102 $757,100 $287,300 $469,800
Source: Public Records

Agents Affiliated with this Home

  • Kim Cannon

    Seller's Agent in 2023

    Kim Cannon

    PROMINENT PROPERTIES SIR

    (609) 947-4493

    101 in this area

    155 Total Sales

    Kim Cannon
    Section Image
  • Judith Weiniger

    Buyer's Agent in 2023

    Judith Weiniger

    WEINIGER REALTY

    (908) 295-3913

    1 in this area

    127 Total Sales

    Judith Weiniger
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3838550

Garden State MLS

APN: 18-03001-0000-00007

New Jersey Union County Summit 07901

54 Valley View Ave, Summit, NJ

Homes for Sale in Summit, NJ

This home is located at 54 Valley View Ave, Summit, NJ 07901 since 17 April 2023 and is currently estimated at $2,470,249, approximately $783 per square foot. This property was built in 1931. 54 Valley View Ave 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.

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