NOT LISTED FOR SALE

55 Mountain Ave Summit, NJ 07901

Estimated Value: $899,799 - $1,060,000

-- Bed
-- Bath
-- Sq Ft
7,841 Sq Ft Lot

Last Sold June 09, 2023

Last sale price $841,000

Est. 19% increase in value since last sale

Current estimated payment $6,260/month

9 Days on Market

About This Home

As of June 2023

This home is located at 55 Mountain Ave, Summit, NJ 07901 since 21 April 2023 and is currently estimated at $997,450. This property was built in 1910. 55 Mountain 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

LUCY E. THOMPSON

KELLER WILLIAMS REALTY Brokerage Phone: 908-273-2991 Listed on: 04/21/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,754

Year Built

  • Built in 1910

Lot Details

  • 7,841

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,754

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Year Built: 1910
  • County Name: Union
  • Street Number Display: 55
  • I D: 5216076
  • Modified: 2024-06-10
  • Number Images: 1
  • Attribution Contact: 908-273-2991
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: .181

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 13, 2011
Sold by
Rojahn Renee
Bought by
Wells Ronald E and Wells Leanne T
Total Days on Market
9
Current Estimated Value
$997,450

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Range of Values:

Collateral Analytics

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ICE

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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
Wells Ronald E $350,000 Fidelity Natl Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wells Ronald E $292,500
Closed Wells Ronald E $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2023 06/09/23 Sold $841,000 +5.3% --
05/03/2023 05/03/23 Pending -- -- --
04/23/2023 04/23/23 For Sale $799,000 -- --
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 $8,754 $212,500 $102,200 $110,300
2023 $8,754 $202,300 $102,200 $100,100
2022 $8,665 $202,300 $102,200 $100,100
2021 $8,733 $202,300 $102,200 $100,100
2020 $8,820 $202,300 $102,200 $100,100
2019 $8,830 $202,300 $102,200 $100,100
2018 $8,774 $202,300 $102,200 $100,100
2017 $8,830 $202,300 $102,200 $100,100
2016 $8,701 $202,300 $102,200 $100,100
2015 $8,531 $202,300 $102,200 $100,100
2014 $8,310 $202,300 $102,200 $100,100
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2023

    LUCY E. THOMPSON

    KELLER WILLIAMS REALTY

  • Amy Ball

    Buyer's Agent in 2023

    Amy Ball

    COLDWELL BANKER REALTY

    (973) 224-2385

    2 in this area

    68 Total Sales

    Amy Ball
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3839562

Garden State MLS

APN: 18-03212-0000-00017

New Jersey Union County Summit 07901

55 Mountain Ave, Summit, NJ

Homes for Sale in Summit, NJ

This home is located at 55 Mountain Ave, Summit, NJ 07901 since 21 April 2023 and is currently estimated at $997,450. This property was built in 1910. 55 Mountain 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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