NOT LISTED FOR SALE

62 Broad St Summit, NJ 07901

Estimated Value: $536,000 - $735,000

3 Beds
2 Baths
1,170 Sq Ft
$548/Sq Ft Est. Value

Last Sold April 30, 2024

Last sale price $555,000 $474 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,878/month

9 Days on Market

About This Home

As of April 2024

This home is located at 62 Broad St, Summit, NJ 07901 since 01 March 2024 and is currently estimated at $641,498, approximately $548 per square foot. 62 Broad St 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.

Last Agent to Sell the Property

Zander Oldendorp

COMPASS NEW JERSEY, LLC Brokerage Phone: 973-310-6816 Listed on: 03/01/2024

COMPASS NEW JERSEY, LLC

Last Buyer's Agent

ROSANN LARDIERI

CHRISTIE'S INT. REAL ESTATE GROUP

Home Details

Home Type

  • Single Family

Lot Details

  • 5,663 Sq Ft Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • County Name: Union
  • I D: 5272030
  • Attribution Contact: 973-310-6816
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 2.00

Lot Info

  • Lot Size: .126
  • Total Acres: 0.13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2024
Closed on
Apr 16, 2024
Sold by
Leung Ying C
Bought by
Yang Junjie and Chen Jianping
Seller's Agent
Zander Oldendorp
COMPASS NEW JERSEY, LLC
Buyer's Agent
ROSANN LARDIERI
CHRISTIE'S INT. REAL ESTATE GROUP
List Price
$525,000
Sold Price
$555,000
Premium/Discount to List
$30,000
5.71%
Views
184
Current Estimated Value
$641,498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,498
Avg. Annual Appreciation
9.41%
Original Mortgage
$414,750
Outstanding Balance
$408,541
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$232,957

Purchase Details

Closed on
Apr 17, 2003
Sold by
Ciarrocca Jefrey
Bought by
Leung Ying

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
5.64%

Purchase Details

Closed on
Aug 30, 1994
Sold by
Ciarrocca Bernard J and Ciarrocca Carmella
Bought by
Ciarrocca Jeffrey T and Ciarrocca Susan
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Yang Junjie $555,000 Acres Land Title
Yang Junjie $555,000 Acres Land Title
Yang Junjie $555,000 Acres Land Title
Leung Ying $300,000 --
Ciarrocca Jeffrey T $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yang Junjie $414,750
Closed Yang Junjie $414,750
Previous Owner Leung Ying $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2024 04/30/24 Sold $555,000 +5.7% $474 / Sq Ft
03/15/2024 03/15/24 Pending -- -- --
03/06/2024 03/06/24 For Sale $525,000 -- $449 / Sq Ft
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
2025 $6,190 $162,100 $65,600 $96,500
2024 $6,149 $142,100 $65,600 $76,500
2023 $6,149 $142,100 $65,600 $76,500
2022 $6,086 $142,100 $65,600 $76,500
2021 $6,134 $142,100 $65,600 $76,500
2020 $6,196 $142,100 $65,600 $76,500
2019 $6,203 $142,100 $65,600 $76,500
2018 $6,163 $142,100 $65,600 $76,500
2017 $6,203 $142,100 $65,600 $76,500
2016 $6,112 $142,100 $65,600 $76,500
2015 $5,992 $142,100 $65,600 $76,500
2014 $5,837 $142,100 $65,600 $76,500
Source: Public Records

Agents Affiliated with this Home

  • Zander Oldendorp

    Seller's Agent in 2024

    Zander Oldendorp

    COMPASS NEW JERSEY, LLC

    (973) 229-6475

    52 in this area

    155 Total Sales

    Zander Oldendorp
    Section Image

  • R

    Buyer's Agent in 2024

    ROSANN LARDIERI

    CHRISTIE'S INT. REAL ESTATE GROUP

See All Agents

Map

Source: Garden State MLS

MLS Number: 3888493

Garden State MLS

APN: 18-03704-0000-00003

New Jersey Union County Summit 07901

62 Broad St, Summit, NJ

Not Listed for Sale

Detached

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