NOT LISTED FOR SALE

7 Clark St Summit, NJ 07901

Estimated Value: $852,000 - $980,625

3 Beds
4 Baths
-- Sq Ft
5,227 Sq Ft Lot

Last Sold October 20, 2023

Last sale price $800,000

Est. 15% increase in value since last sale

Current estimated payment $5,788/month

94 Days on Market

About This Home

As of October 2023

This home is located at 7 Clark St, Summit, NJ 07901 since 06 June 2023 and is currently estimated at $916,656. This property was built in 1928. 7 Clark 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 Listed By

DIANE TERRY

KELLER WILLIAMS REALTY Brokerage Phone: 908-273-2991 Listed on: 06/06/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,477

Year Built

  • Built in 1928

Lot Details

  • 5,227

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,477

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Year Built: 1928
  • County Name: Union
  • Street Number Display: 7
  • I D: 5222068
  • Modified: 2024-10-21
  • Number Images: 25
  • Attribution Contact: 908-273-2991
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 3.10

Lot Info

  • Lot Size: .129

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2023
Closed on
Oct 20, 2023
Sold by
Botros Adel and Botros Carolyn
Bought by
Gilman Wallace David and Fan Wu Fan
Seller's Agent
DIANE TERRY
KELLER WILLIAMS REALTY
Buyer's Agent
PUNEETA KALRA
KELLER WILLIAMS - NJ METRO GROUP
List Price
$799,000
Sold Price
$800,000
Premium/Discount to List
$1,000
0.13%
Total Days on Market
94
Views
232
Current Estimated Value
$916,656

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,656
Avg. Annual Appreciation
3.59%
Original Mortgage
$300,000
Outstanding Balance
$297,130
Interest Rate
7.31%
Mortgage Type
New Conventional
Estimated Equity
$547,489

Purchase Details

Closed on
Jan 22, 2019
Sold by
Botros Adel
Bought by
Stramka Botros Adel and Stramka Botros Carolyn

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
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 1994
Sold by
Cornish Charles A and Cornish Deborah B
Bought by
Botros Adel

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
Gilman Wallace David $800,000 Foundation Title
Stramka Botros Adel -- Westcor Land Title Ins Co
Botros Adel $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gilman Wallace David $300,000
Previous Owner Stramka Botros Adel $225,000
Previous Owner Botros Adel $410,000
Previous Owner Botros Adel $350,000
Previous Owner Botros Adel $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2023 10/20/23 Sold $800,000 +0.1% --
09/08/2023 09/08/23 Pending -- -- --
06/06/2023 06/06/23 For Sale $799,000 -- --
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 $8,477 $195,900 $68,400 $127,500
2023 $8,477 $195,900 $68,400 $127,500
2022 $8,390 $195,900 $68,400 $127,500
2021 $8,457 $195,900 $68,400 $127,500
2020 $8,541 $195,900 $68,400 $127,500
2019 $8,551 $195,900 $68,400 $127,500
2018 $8,496 $195,900 $68,400 $127,500
2017 $8,551 $195,900 $68,400 $127,500
2016 $8,426 $195,900 $68,400 $127,500
2015 $8,261 $195,900 $68,400 $127,500
2014 $8,048 $195,900 $68,400 $127,500
Source: Public Records

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Source: Garden State MLS

MLS Number: 3847661

Garden State MLS

APN: 18-03603-0000-00002