NOT LISTED FOR SALE

7 Lincoln Ave Summit, NJ 07901

Estimated Value: $944,000 - $1,433,244

3 Beds
1 Bath
2,876 Sq Ft
$435/Sq Ft Est. Value

About This Home

This home is located at 7 Lincoln Ave, Summit, NJ 07901 and is currently estimated at $1,252,311, approximately $435 per square foot. 7 Lincoln Ave 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 6, 2023
Sold by
7 Lincoln Avenue Summit Llc
Bought by
Lincoln Ave Associates Llc
Current Estimated Value
$1,252,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
6.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 19, 2015
Sold by
Cicerale Vally M and Cicerale Frank
Bought by
7 Lincoln Avenue Summit Llc

Purchase Details

Closed on
Mar 20, 2015
Sold by
7 Lincoln Avenue Summit Llc
Bought by
Cicerale Vally M and Cicerale Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 7, 2005
Sold by
Cicerale Vally
Bought by
7 Lincoln Avenue Summit Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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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
Lincoln Ave Associates Llc $700,000 None Listed On Document
Lincoln Ave Associates Llc $700,000 None Listed On Document
7 Lincoln Avenue Summit Llc -- Attorney
Cicerale Vally M -- None Available
7 Lincoln Avenue Summit Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Lincoln Ave Associates Llc $550,000
Previous Owner Lincoln Ave Associates Llc $550,000
Previous Owner Cicerale Vally M $195,000
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 $12,720 $292,000 $103,400 $188,600
2024 $12,635 $292,000 $103,400 $188,600
2023 $12,635 $292,000 $103,400 $188,600
2022 $12,506 $292,000 $103,400 $188,600
2021 $12,606 $292,000 $103,400 $188,600
2020 $12,731 $292,000 $103,400 $188,600
2019 $12,746 $292,000 $103,400 $188,600
2018 $12,664 $292,000 $103,400 $188,600
2017 $12,746 $292,000 $103,400 $188,600
2016 $12,559 $292,000 $103,400 $188,600
2015 $12,314 $292,000 $103,400 $188,600
2014 $11,995 $292,000 $103,400 $188,600
Source: Public Records

Map

New Jersey Union County Summit 07901

7 Lincoln Ave, Summit, NJ

Not Listed for Sale

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