NOT LISTED FOR SALE

603 Summit Ave Hackensack, NJ 07601

Estimated Value: $1,315,000 - $1,568,000

5 Beds
6 Baths
7,671 Sq Ft
$186/Sq Ft Est. Value

Last Sold April 10, 2024

Last sale price $1,250,000 $163 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $11,431/month

About This Home

As of April 2024

Experience Timeless elegance at Hackensack's Iconic Luxury 'Summit Chateau' on Summit Ave. Unparalleled opulence at 'Summit Chateau' This Prestigious Estate defines elegance and epitomizes luxury living with its immaculate craftsmanship and modern sensibility. Stylish crown moldings contrast with contemporary artworks and lavish fabrics in the Chateaus Bedrooms, complete with dramatic lighting and perfectly finished woodwork to accentuate the impeccable theme. This Estate boasts 5 extremely spacious bedrooms, 3 elegant bathrooms, 3 half bathrooms. An elegant modern gourmet kitchen, 4 Fireplaces, Spacious great room, Resort style in-ground pool, All spanning across 8000 sqft. Discover lush landscaped gardens throughout the entire 1 Acre property. Come see Hackensack's hidden jewel behind the gates.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2024
Closed on
Apr 10, 2024
Sold by
Chen Jialin
Bought by
Jetley Ajay
Seller's Agent
Roberto Carreno
Real
Buyer's Agent
Roberto Carreno
Real
Views
59
Current Estimated Value
$1,427,009

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.77%
Original Mortgage
$1,000,000
Outstanding Balance
$989,322
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$437,687

Purchase Details

Closed on
Mar 31, 2008
Sold by
Toscano Samuel and Toscano Barbara J
Bought by
Chen Jialin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,282,500
Interest Rate
6.3%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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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
Jetley Ajay $1,250,000 Fidelity National Title
Chen Jialin $855,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jetley Ajay $1,000,000
Previous Owner Chen Jialin $728,000
Previous Owner Chen Jialin $840,000
Previous Owner Chen Jialin $200,000
Previous Owner Chen Jialin $975,000
Previous Owner Chen Jialin $1,282,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2025 02/27/25 Price Changed $11,000 -8.3% --
12/12/2024 12/12/24 For Rent $12,000 0.0% --
05/15/2024 05/15/24 Rented $12,000 +20.0% --
04/19/2024 04/19/24 For Rent $10,000 0.0% --
04/10/2024 04/10/24 Sold $1,250,000 -10.6% --
02/05/2024 02/05/24 Pending -- -- --
12/01/2023 12/01/23 For Sale $1,398,000 -- --

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 $41,507 $1,250,000 $423,300 $826,700
2023 $40,007 $1,441,700 $415,300 $1,026,400
2022 $40,007 $1,427,800 $392,800 $1,035,000
2021 $45,390 $1,351,700 $369,800 $981,900
2020 $44,728 $1,351,700 $369,800 $981,900
2019 $44,756 $1,333,200 $366,800 $966,400
2018 $45,103 $1,321,500 $362,800 $958,700
2017 $44,515 $1,303,500 $360,300 $943,200
2016 $43,005 $1,273,100 $345,300 $927,800
2015 $42,882 $1,225,200 $350,800 $874,400
2014 $40,701 $1,225,200 $350,800 $874,400
Source: Public Records

Agents Affiliated with this Home

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