NOT LISTED FOR SALE

68 Orchard St Summit, NJ 07901

Estimated Value: $950,769 - $1,185,000

-- Bed
-- Bath
-- Sq Ft
7,405 Sq Ft Lot

Last Sold July 17, 2020

Last sale price $723,691

Est. 47% increase in value since last sale

Current estimated payment $7,129/month

74 Days on Market

About This Home

As of July 2020

This home is located at 68 Orchard St, Summit, NJ 07901 since 19 March 2020 and is currently estimated at $1,065,692. This property was built in 1963. 68 Orchard 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

Olympia de Pinto

DESTINATION HOME REALTY Brokerage Phone: 973-467-1011 Listed on: 03/19/2020

Last Buyer's Agent

Darren Sager

EXP REALTY, LLC

EXP REALTY, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,764

Year Built

  • Built in 1963

Lot Details

  • 7,405 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,764

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Year Built: 1963
  • County Name: Union
  • Street Number Display: 68
  • I D: 4972494
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 973-467-1011
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 0.174
  • Total Acres: 0.17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2020
Closed on
Jul 17, 2020
Sold by
Cioffi Gennaro and Cioffi Josephine
Bought by
Ayala Danilo and Ayala Brianna M
Seller's Agent
Olympia de Pinto
DESTINATION HOME REALTY
Buyer's Agent
Darren Sager
EXP REALTY, LLC
List Price
$779,000
Sold Price
$723,691
Premium/Discount to List
-$55,309
-7.1%
Total Days on Market
74
Current Estimated Value
$1,065,692

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$342,001
Avg. Annual Appreciation
6.96%
Original Mortgage
$615,137
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 26, 2019
Closed on
Sep 12, 2019
Sold by
Mccoy Janet Catherine and Estate Of Joseph Fraiter
Bought by
Cioffi Gennaro and Cioffi Josephine
Seller's Agent
CAROLANN CLYNES
CHRISTIE'S INT. REAL ESTATE GROUP
Buyer's Agent
Olympia de Pinto
DESTINATION HOME REALTY
List Price
$539,000
Sold Price
$522,000
Premium/Discount to List
-$17,000
-3.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
50.44%
Original Mortgage
$391,500
Interest Rate
5.75%
Mortgage Type
New Conventional
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
Ayala Danilo $723,691 Simplicity Title Llc
Cioffi Gennaro $522,000 Prestige Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ayala Danilo $250,000
Previous Owner Ayala Danilo $615,137
Previous Owner Cioffi Gennaro $391,500
Previous Owner Fraiter Joseph A $107,740
Previous Owner Fraiter Joseph $137,622
Previous Owner Fraiter Joseph $126,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2020 07/17/20 Sold $723,691 -7.1% --
06/01/2020 06/01/20 Pending -- -- --
03/19/2020 03/19/20 For Sale $779,000 +49.2% --
09/30/2019 09/30/19 Sold $522,000 -3.2% --
07/17/2019 07/17/19 Pending -- -- --
06/26/2019 06/26/19 For Sale $539,000 -- --
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
2024 $13,764 $318,100 $68,100 $250,000
2023 $13,764 $318,100 $68,100 $250,000
2022 $13,624 $318,100 $68,100 $250,000
2021 $11,885 $275,300 $68,100 $207,200
2020 $9,125 $209,300 $68,100 $141,200
2019 $9,136 $209,300 $68,100 $141,200
2018 $9,077 $209,300 $68,100 $141,200
2017 $9,136 $209,300 $68,100 $141,200
2016 $9,002 $209,300 $68,100 $141,200
2015 $8,826 $209,300 $68,100 $141,200
2014 $8,598 $209,300 $68,100 $141,200
Source: Public Records

Agents Affiliated with this Home

  • O

    Seller's Agent in 2020

    Olympia de Pinto

    DESTINATION HOME REALTY

    (973) 801-8417

    2 in this area

    16 Total Sales

    Olympia de Pinto
    Section Image
  • Darren Sager

    Buyer's Agent in 2020

    Darren Sager

    EXP REALTY, LLC

    (908) 376-9459

    1 in this area

    8 Total Sales

    Darren Sager
    Section Image

  • C

    Seller's Agent in 2019

    CAROLANN CLYNES

    CHRISTIE'S INT. REAL ESTATE GROUP

See All Agents

Map

Source: Garden State MLS

MLS Number: 3624851

Garden State MLS

APN: 18-03907-0000-00002

New Jersey Union County Summit 07901

68 Orchard St, Summit, NJ

This home is located at 68 Orchard St, Summit, NJ 07901 since 19 March 2020 and is currently estimated at $1,065,692. This property was built in 1963. 68 Orchard 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.

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