NOT LISTED FOR SALE

57 Summit Ave Lyndhurst, NJ 07071

Estimated Value: $786,000 - $947,000

4 Beds
3 Baths
2,184 Sq Ft
$393/Sq Ft Est. Value

Last Sold August 30, 2022

Last sale price $720,000 $330 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $5,679/month

17 Days on Market

About This Home

As of August 2022

WELCOME TO THIS LARGE 2 FAMILY WITH EXCELLENT RENTAL POTENTIAL. ALL BRICK CONSTRUCTION, WINDOWS HAVE BEEN REPLACED, ELECTRIC UPDATED IN 2021. THE FIRST FLOOR HAS 2 BEDROOMS, 1 FULL BATH, A MODERN EAT IN KITCHEN AND WALK OUT TO BACK PORCH. INCLUDED WITH THE FIRST FLOOR IS A FULL FINISHED BASEMENT WITH FULL BATH, SUMMER KITCHEN, PLENTY OF STORAGE, LAUNDRY AND UTILITIES. THIS HOME IS HEATED BY OIL AND TANK IS IN UTILITY ROOM ABOVE GROUND. SECOND FLOOR APARTMENT HAS EAT IN KITCHEN,FULL BATH, LIVING ROOM, AND 2 BEDROOMS. THERE IS ALSO A WALK UP ATTIC THAT CAN EASLILY BE FINISHED FOR A LARGE MASTER BEDROOM. THERE IS LARGE 2 CAR GARAGE AND PLENTY OF OFF STREET PARKING.

Last Agent to Sell the Property

John Cappiello

Cappiello Real Estate Services, LLC Listed on: 07/05/2022

Last Buyer's Agent

Janet Freire-Romero

Weichert Realtors, Fort Lee

Weichert Realtors, Fort Lee

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,131

Lot Details

  • 5,643 Sq Ft Lot
  • Lot Dimensions are 33x171

Parking

  • 2 Car Garage

Home Design

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Basement

  • Laundry in Basement

Listing and Financial Details

  • Legal Lot and Block 00016 / 00038

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,131

Lot Details

0

Parking

2

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Basement, In Unit
  • Co List Office Phone: (201) 438-9000
  • MLS Status: Sold - Sold
  • Directions: Summit between Lake and 5th
  • Architectural Style: 2 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Basement Remarks: FULL FINISHED,FCTB,SUMMER KITCHEN,LARGE FAMILY ROOM, LAUNDRY

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - No

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected

Lot Info

  • Lot Dimensions: 33x171
  • Lot Size Sq Ft: 5643.0

Tax Info

  • Tax Annual Amount: 11131.0
  • Tax Block: 00038
  • Tax Lot: 00016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2022
Closed on
Aug 29, 2022
Sold by
Briamonte Vincent A
Bought by
Pacio Angel and Pacio Angela
Seller's Agent
John Cappiello
Cappiello Real Estate Services, LLC
Buyer's Agent
Janet Freire-Romero
Weichert Realtors, Fort Lee
List Price
$659,900
Sold Price
$720,000
Premium/Discount to List
$60,100
9.11%
Current Estimated Value
$858,409

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,409
Avg. Annual Appreciation
5.89%
Original Mortgage
$540,000
Interest Rate
5.55%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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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
Pacio Angel $720,000 --
Pacio Angel $720,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Pacio Angel $540,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2022 08/30/22 Sold $720,000 +9.1% $330 / Sq Ft
07/22/2022 07/22/22 Pending -- -- --
07/05/2022 07/05/22 For Sale $659,900 -- $302 / Sq Ft
Source: New Jersey 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 $13,753 $666,300 $315,200 $351,100
2024 $13,245 $659,300 $312,200 $347,100
2023 $12,089 $651,800 $308,700 $343,100
2022 $11,873 $374,300 $187,600 $186,700
2021 $11,129 $374,300 $187,600 $186,700
2020 $11,132 $374,300 $187,600 $186,700
2019 $11,049 $374,300 $187,600 $186,700
2018 $11,139 $374,300 $187,600 $186,700
2017 $10,858 $374,300 $187,600 $186,700
2016 $10,615 $374,300 $187,600 $186,700
2015 $10,032 $374,300 $187,600 $186,700
2014 $9,897 $374,300 $187,600 $186,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 22024792

New Jersey MLS

APN: 32-00038-0000-00016