NOT LISTED FOR SALE

540 Summit Ave Westville, NJ 08093

Estimated Value: $273,000 - $335,000

2 Beds
1 Bath
1,597 Sq Ft
$188/Sq Ft Est. Value

Last Sold January 18, 2019

Last sale price $100,000 $63 Per Sq Ft

Est. 200% increase in value since last sale

Current estimated payment $2,226/month

32 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Living Room
  • 1 Fireplace
  • Eat-In Kitchen
  • Dining Room

About This Home

As of January 2019

Handyman special. This one of a kind turn of the century Victorian home will not last. The house sits on a nicely sized lot with a fenced in backyard and pool. Just minutes away from all bridges and a simple 15 minute commute to the city. Access to excellent shopping, transportation, and entertainment nearby. Bring your paint brush and your imagination make this home yours.

Last Agent to Sell the Property

George Kelly

(856) 470-7425 georgekelly@kw.com Keller Williams - Main Street Listed on: 11/08/2018

Keller Williams - Main Street

Last Buyer's Agent

George Kelly

(856) 470-7425 georgekelly@kw.com Keller Williams - Main Street Listed on: 11/08/2018

Keller Williams - Main Street

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1889

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 50x150

Parking

  • 3 Open Parking Spaces

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • 1,597 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Oil
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00002
  • Assessor Parcel Number 21-00006-00002

Home Details

Home Type

Single Family

Year Built

Built in 1889

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1889
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Eat-In
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 1597
  • Living Area Sq Ft: 1597
  • Net Sq Ft: 1597.00
  • Price Per Sq Ft: 75.08
  • Above Grade Finished Sq Ft: 1597
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 3

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Heating Fuel: Oil
  • Heating Type: Oil
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 99500.00
  • Land Assessed Value: 44200.00
  • Lot Size Acres: 0.17
  • Lot Dimensions: 50X150
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7500.00
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2055064
  • Tax Annual Amount: 6522.00
  • Assessor Parcel Number: 21-00006-00002
  • Tax Lot: 00002
  • Tax Year: 2018

MLS Schools

  • School District Name: GATEWAY REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 21, 2019
Sold by
The Estate Of Eileen D Farley
Bought by
Sorrentino David
Current Estimated Value
$300,224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Outstanding Balance
$65,803
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$234,421
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Sorrentino David $100,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sorrentino David $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/18/2019 01/18/19 Sold $100,000 -16.6% $63 / Sq Ft
12/10/2018 12/10/18 Pending -- -- --
11/08/2018 11/08/18 For Sale $119,900 -- $75 / Sq Ft
Source: Bright 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
2025 $7,819 $143,700 $44,200 $99,500
2024 $7,569 $143,700 $44,200 $99,500
2023 $7,569 $143,700 $44,200 $99,500
2022 $7,352 $143,700 $44,200 $99,500
2021 $7,219 $143,700 $44,200 $99,500
2020 $7,001 $143,700 $44,200 $99,500
2019 $6,817 $143,700 $44,200 $99,500
2018 $6,523 $143,700 $44,200 $99,500
2017 $6,699 $143,700 $44,200 $99,500
2016 $6,478 $143,700 $44,200 $99,500
2015 $6,188 $143,700 $44,200 $99,500
2014 $5,496 $147,900 $38,600 $109,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJGL101162

Bright MLS

APN: 21-00006-0000-00002