NOT LISTED FOR SALE

7 Harvey Dr Summit, NJ 07901

Estimated Value: $1,528,000 - $2,173,000

5 Beds
5 Baths
-- Sq Ft
0.25 Acres

Last Sold February 14, 2024

Last sale price $1,720,000

Est. 8% increase in value since last sale

Current estimated payment $10,455/month

37 Days on Market

About This Home

As of February 2024

This home is located at 7 Harvey Dr, Summit, NJ 07901 since 06 December 2023 and is currently estimated at $1,861,029. 7 Harvey Dr 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

MARGARET MIGGINS

COMPASS NEW JERSEY, LLC Brokerage Phone: 973-376-8990 Listed on: 12/06/2023

Co-Listed By

SUSAN POSNIACK

COMPASS NEW JERSEY, LLC Brokerage Phone: 973-376-8990

Last Buyer's Agent

Deborah Silberstein

CHRISTIE'S INT. REAL ESTATE GROUP

CHRISTIE'S INT. REAL ESTATE GROUP

Home Details

Home Type

  • Single Family

Lot Details

  • 0.25 Acre Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • County Name: Union
  • I D: 5259172
  • Attribution Contact: 973-376-8990
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 4.10

Lot Info

  • Lot Size: 64X168
  • Total Acres: 0.25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2023
Closed on
Feb 14, 2024
Sold by
7 Harvey Drive Llc
Bought by
Aronchick Craig Maxwell and Aronchick Melissa Jaclyn
Seller's Agent
MARGARET MIGGINS
COMPASS NEW JERSEY, LLC
Buyer's Agent
Deborah Silberstein
CHRISTIE'S INT. REAL ESTATE GROUP
List Price
$1,899,000
Sold Price
$1,720,000
Premium/Discount to List
-$179,000
-9.43%
Views
128
Current Estimated Value
$1,861,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,029
Avg. Annual Appreciation
4.19%
Original Mortgage
$1,376,000
Outstanding Balance
$1,347,234
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$513,795

Purchase Details

Listed on
Jan 12, 2023
Closed on
Feb 18, 2023
Sold by
Hance Robert D
Bought by
7 Harvey Drive Llc
Seller's Agent
STEVEN GENDEL
KELLER WILLIAMS SUBURBAN REALTY
Buyer's Agent
SUSAN POSNIACK
COMPASS NEW JERSEY, LLC
List Price
$475,000
Sold Price
$550,000
Premium/Discount to List
$75,000
15.79%
Views
254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
236.34%
Original Mortgage
$949,500
Interest Rate
6.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 17, 1998
Sold by
Didomenico Lisa
Bought by
Hance Carol A
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
Aronchick Craig Maxwell $1,720,000 Acres Land Title
Aronchick Craig Maxwell $1,720,000 Acres Land Title
7 Harvey Drive Llc $550,000 Westcor Land Title
7 Harvey Drive Llc $550,000 Westcor Land Title
Hance Carol A $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aronchick Craig Maxwell $1,376,000
Closed Aronchick Craig Maxwell $1,376,000
Previous Owner 7 Harvey Drive Llc $949,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/14/2024 02/14/24 Sold $1,720,000 +1.2% --
01/12/2024 01/12/24 Pending -- -- --
01/05/2024 01/05/24 Price Changed $1,699,000 -5.6% --
12/13/2023 12/13/23 Price Changed $1,799,000 -5.3% --
12/06/2023 12/06/23 For Sale $1,899,000 +245.3% --
03/07/2023 03/07/23 Sold $550,000 +15.8% -- View Prior Sale
02/01/2023 02/01/23 Pending -- -- --
01/12/2023 01/12/23 For Sale $475,000 -- --
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 $8,690 $607,700 $129,800 $477,900
2024 $8,632 $199,500 $129,800 $69,700
2023 $8,632 $199,500 $129,800 $69,700
2022 $8,545 $199,500 $129,800 $69,700
2021 $8,612 $199,500 $129,800 $69,700
2020 $8,698 $199,500 $129,800 $69,700
2019 $8,708 $199,500 $129,800 $69,700
2018 $8,652 $199,500 $129,800 $69,700
2017 $8,708 $199,500 $129,800 $69,700
2016 $8,581 $199,500 $129,800 $69,700
2015 $8,413 $199,500 $129,800 $69,700
2014 -- $199,500 $129,800 $69,700
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    MARGARET MIGGINS

    COMPASS NEW JERSEY, LLC

  • S

    Seller Co-Listing Agent in 2024

    SUSAN POSNIACK

    COMPASS NEW JERSEY, LLC

  • Deborah Silberstein

    Buyer's Agent in 2024

    Deborah Silberstein

    CHRISTIE'S INT. REAL ESTATE GROUP

    (908) 418-2656

    6 in this area

    67 Total Sales

    Deborah Silberstein
    Section Image

  • S

    Seller's Agent in 2023

    STEVEN GENDEL

    KELLER WILLIAMS SUBURBAN REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3877357

Garden State MLS

APN: 18-00605-0000-00024

New Jersey Union County Summit 07901

7 Harvey Dr, Summit, NJ

Not Listed for Sale

Detached

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