NOT LISTED FOR SALE

687 Summit Ave Unit 2 Jersey City, NJ 07306

The Heights Neighborhood

Estimated Value: $756,000 - $1,157,000

3 Beds
1 Bath
1,935 Sq Ft
$479/Sq Ft Est. Value

About This Home

This home is located at 687 Summit Ave Unit 2, Jersey City, NJ 07306 and is currently estimated at $925,965, approximately $478 per square foot. 687 Summit Ave Unit 2 is a home located in Hudson County with nearby schools including Jotham W. Wakeman No. 6 Elementary School, William L. Dickinson High School, and Liberty High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 29, 2023
Sold by
Truocchio Richard Edward
Bought by
687 Summit Llc
Current Estimated Value
$925,965

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$639,200
Outstanding Balance
$629,108
Interest Rate
7.76%
Mortgage Type
New Conventional
Estimated Equity
$296,857

Purchase Details

Closed on
Oct 4, 2022
Sold by
687 Summit Avenue Llc
Bought by
Truocchio Richard Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,750
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 13, 2017
Sold by
687 Summit Avenue Llc and Gonzalez Silvio Gonzalez
Bought by
687 Summit Avenue Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.89%

Purchase Details

Closed on
Jul 22, 2003
Sold by
Olivo Kelvin and Olivo Carolina
Bought by
Bonilla Flor and Hernandez Diana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,500
Interest Rate
5.46%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
687 Summit Llc $799,000 Sunnyside Title
687 Summit Llc $799,000 Sunnyside Title
Truocchio Richard Edward $629,000 Catic Title
Truocchio Richard Edward $629,000 Catic Title
687 Summit Avenue Llc -- --
Bonilla Flor $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 687 Summit Llc $639,200
Closed 687 Summit Llc $639,200
Previous Owner Truocchio Richard Edward $468,750
Previous Owner 687 Summit Avenue Llc --
Previous Owner Bonilla Flor $161,500
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
2025 $12,829 $574,500 $238,600 $335,900
2024 $9,406 $574,500 $238,600 $335,900
2023 $9,406 $418,600 $238,600 $180,000
2022 $8,866 $418,600 $238,600 $180,000
2021 $6,714 $418,600 $238,600 $180,000
2020 $6,739 $418,600 $238,600 $180,000
2019 $6,446 $418,600 $238,600 $180,000
2018 $671 $418,600 $238,600 $180,000
2017 $3,518 $45,100 $23,100 $22,000
2016 $3,473 $45,100 $23,100 $22,000
2015 $3,374 $45,100 $23,100 $22,000
2014 $3,353 $45,100 $23,100 $22,000
Source: Public Records

Map

New Jersey Hudson County Jersey City 07306 The Heights

687 Summit Ave Unit 2, Jersey City, NJ

Not Listed for Sale

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