$800,000
SOLD OCT 20, 2023

7 Clark St Summit, NJ 07901

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

Recently Sold

94 Days on Market

About This Home

As of October 2023

This home is located at 7 Clark St, Summit, NJ 07901 and is currently priced at $800,000. 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 Agent to Sell the Property

DIANE TERRY

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

Last Buyer's Agent

PUNEETA KALRA

KELLER WILLIAMS - NJ METRO GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,533

Year Built

  • Built in 1928

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,533

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Year Built: 1928
  • County Name: Union
  • Street Number Display: 7
  • I D: 5222068
  • Modified: 2025-07-20
  • Number Images: 1
  • 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%
Views
232

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.88%
Original Mortgage
$300,000
Outstanding Balance
$294,309
Interest Rate
7.31%
Mortgage Type
New Conventional
Estimated Equity
$631,879

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
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 Type Sale Price Title Company
Deed $800,000 Foundation Title
Deed $800,000 Foundation Title
Interfamily Deed Transfer -- Westcor Land Title Ins Co
Deed $120,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $300,000 New Conventional
Closed $300,000 New Conventional
Previous Owner $225,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2025 09/16/25 Pending -- -- --
08/21/2025 08/21/25 For Sale $925,000 +15.6% $348 / Sq Ft
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
2025 $8,533 $195,900 $68,400 $127,500
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

Agents Affiliated with this Home

  • D

    Seller's Agent in 2025

    DIANE TERRY

    KELLER WILLIAMS REALTY

  • P

    Buyer's Agent in 2023

    PUNEETA KALRA

    KELLER WILLIAMS - NJ METRO GROUP

See All Agents

Map

Source: Garden State MLS

MLS Number: 3847661

Garden State MLS

APN: 18-03603-0000-00002

New Jersey Union County Summit 07901

7 Clark St, Summit, NJ

This home is located at 7 Clark St, Summit, NJ 07901 and is currently priced at $800,000. 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.

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