NOT LISTED FOR SALE

61 Silver Lake Dr Summit, NJ 07901

Estimated Value: $2,247,112 - $2,689,000

-- Bed
-- Bath
3,572 Sq Ft
$672/Sq Ft Est. Value

About This Home

This home is located at 61 Silver Lake Dr, Summit, NJ 07901 and is currently estimated at $2,402,028, approximately $672 per square foot. 61 Silver Lake Dr 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 24, 2023
Sold by
Thomas A Leipzig Qualified Personal Resi
Bought by
Leipzig Stefanie A and Whitcher Kerry E
Current Estimated Value
$2,402,028

Purchase Details

Closed on
Apr 27, 2007
Sold by
Leipzig Thomas A and Leipzig Patricia T
Bought by
Leipzig Thomas A and Leipzig Patricia

Purchase Details

Closed on
May 5, 2004
Sold by
Mcdonald Paul
Bought by
Leipzig Thomas and Leipzig Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
5.39%

Purchase Details

Closed on
Nov 29, 2001
Sold by
Valleau Robert T and Valleau Kathryn C
Bought by
Mcdonald Paul Eugene and Mcdonald Emily R
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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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
Leipzig Stefanie A -- Stewart Title Guaranty Company
Leipzig Thomas A -- Stewart Title Guaranty Compa
Leipzig Thomas $1,430,000 --
Mcdonald Paul Eugene $1,175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Leipzig Thomas $630,000
Source: Public Records

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 $31,587 $730,000 $406,000 $324,000
2023 $31,587 $730,000 $406,000 $324,000
2022 $31,266 $730,000 $406,000 $324,000
2021 $31,514 $730,000 $406,000 $324,000
2020 $31,828 $730,000 $406,000 $324,000
2019 $31,865 $730,000 $406,000 $324,000
2018 $31,660 $730,000 $406,000 $324,000
2017 $31,865 $730,000 $406,000 $324,000
2016 $31,397 $730,000 $406,000 $324,000
2015 $30,784 $730,000 $406,000 $324,000
2014 $29,988 $730,000 $406,000 $324,000
Source: Public Records

Map

New Jersey Union County Summit 07901

61 Silver Lake Dr, Summit, NJ

This home is located at 61 Silver Lake Dr, Summit, NJ 07901 and is currently estimated at $2,402,028, approximately $672 per square foot. 61 Silver Lake Dr 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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