61 Prospect Hill Ave Summit, NJ 07901
Estimated Value: $2,348,003 - $3,607,000
5
Beds
3
Baths
3,322
Sq Ft
$888/Sq Ft
Est. Value
About This Home
This home is located at 61 Prospect Hill Ave, Summit, NJ 07901 and is currently estimated at $2,950,668, approximately $888 per square foot. 61 Prospect Hill Ave is a home located in Union County with nearby schools including L C Johnson Summit Middle School, Summit Sr High School, and Kent Place School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 2, 2004
Sold by
Beardsley Ann
Bought by
Hensel Katherine
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$498,035
Interest Rate
5.75%
Estimated Equity
$2,452,633
Purchase Details
Closed on
Jan 12, 1998
Sold by
Beardsley Craig R and Beardsley Ann H
Bought by
Beardsley Ann H
Purchase Details
Closed on
Sep 8, 1997
Sold by
Wieber Mildred L
Bought by
Beardsley Craig R and Beardsley Ann H
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hensel Katherine | $1,500,000 | -- | |
| Beardsley Ann H | -- | -- | |
| Beardsley Craig R | $750,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hensel Katherine | $1,000,000 |
Source: Public Records
Tax History Compared to Growth
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 | $30,784 | $706,700 | $421,600 | $285,100 |
| 2024 | $30,579 | $706,700 | $421,600 | $285,100 |
| 2023 | $30,579 | $706,700 | $421,600 | $285,100 |
| 2022 | $30,268 | $706,700 | $421,600 | $285,100 |
| 2021 | $30,508 | $706,700 | $421,600 | $285,100 |
| 2020 | $30,812 | $706,700 | $421,600 | $285,100 |
| 2019 | $30,847 | $706,700 | $421,600 | $285,100 |
| 2018 | $30,650 | $706,700 | $421,600 | $285,100 |
| 2017 | $30,847 | $706,700 | $421,600 | $285,100 |
| 2016 | $30,395 | $706,700 | $421,600 | $285,100 |
| 2015 | $29,802 | $706,700 | $421,600 | $285,100 |
| 2014 | $29,031 | $706,700 | $421,600 | $285,100 |
Source: Public Records
Map
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