$1,680,000
SOLD MAY 17, 2013

7 Sherman Ave Summit, NJ 07901

6 Beds
6 Baths
1,756 Sq Ft
0.26 Acres

Recently Sold

$957 Per Sq Ft

0 Day on Market

About This Home

As of January 2021

This home is located at 7 Sherman Ave, Summit, NJ 07901 and is currently priced at $1,680,000, approximately $956 per square foot. 7 Sherman 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.

Last Agent to Sell the Property

JILL BRAY

PROMINENT PROPERTIES SIR Brokerage Phone: 908-277-1398 Listed on: 05/17/2013

Last Buyer's Agent

CYNTHIA BAKER

LOIS SCHNEIDER REALTOR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,265

Lot Details

  • 0.26 Acre Lot

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,265

Lot Details

0

Listing Details

  • County Name: Union
  • Street Number Display: 7
  • I D: 4298719
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 908-277-1398
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 6
  • Bathrooms: 5.10

Lot Info

  • Lot Size: 75X150
  • Total Acres: 0.26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2020
Closed on
Jan 14, 2021
Sold by
Lowenstein Jason E and Lowenstein Adrienne H
Bought by
Metallo Michael and Cerami Danielle
Seller's Agent
CYNTHIA BAKER
LOIS SCHNEIDER REALTOR
Buyer's Agent
Susan Oldendorp
COMPASS NEW JERSEY, LLC
List Price
$1,895,000
Sold Price
$1,975,000
Premium/Discount to List
$80,000
4.22%
Current Estimated Value
$2,503,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$528,723
Avg. Annual Appreciation
5.21%
Original Mortgage
$1,580,000
Outstanding Balance
$1,411,913
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$1,091,810

Purchase Details

Listed on
May 17, 2013
Closed on
May 13, 2013
Sold by
Guida Andrew T and Guida Meredite Mixon
Bought by
Lowenstein Jason E and Lowenstein Adrienne H
Seller's Agent
JILL BRAY
PROMINENT PROPERTIES SIR
Buyer's Agent
CYNTHIA BAKER
LOIS SCHNEIDER REALTOR
Sold Price
$1,680,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.12%
Original Mortgage
$1,008,000
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2002
Sold by
Stout Janice M and Mccarty Rosalie S
Bought by
Guida Andrew T and Guida Meredith Mixon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,850
Interest Rate
6.3%
Mortgage Type
Stand Alone Second
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 $1,975,000 Simplicity Title Llc
Deed $1,680,000 Agent For Chicago Title Insu
Deed $539,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,580,000 New Conventional
Previous Owner $1,008,000 New Conventional
Previous Owner $80,850 Stand Alone Second
Previous Owner $404,250 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2021 01/27/21 Sold $1,975,000 +4.2% $1,125 / Sq Ft
10/21/2020 10/21/20 Pending -- -- --
10/14/2020 10/14/20 For Sale $1,895,000 +12.8% $1,079 / Sq Ft
05/17/2013 05/17/13 Sold $1,680,000 -- $957 / Sq Ft
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 $23,265 $534,100 $216,800 $317,300
2024 $23,111 $534,100 $216,800 $317,300
2023 $23,111 $534,100 $216,800 $317,300
2022 $22,876 $534,100 $216,800 $317,300
2021 $23,057 $534,100 $216,800 $317,300
2020 $23,287 $534,100 $216,800 $317,300
2019 $23,313 $534,100 $216,800 $317,300
2018 $23,164 $534,100 $216,800 $317,300
2017 $23,313 $534,100 $216,800 $317,300
2016 $22,972 $534,100 $216,800 $317,300
2015 $22,523 $534,100 $216,800 $317,300
2014 $21,941 $534,100 $216,800 $317,300
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    CYNTHIA BAKER

    LOIS SCHNEIDER REALTOR

  • Susan Oldendorp

    Buyer's Agent in 2021

    Susan Oldendorp

    COMPASS NEW JERSEY, LLC

    (201) 400-8714

    52 in this area

    531 Total Sales

    Susan Oldendorp
    Section Image

  • J

    Seller's Agent in 2013

    JILL BRAY

    PROMINENT PROPERTIES SIR

See All Agents

Map

Source: Garden State MLS

MLS Number: 3002686

Garden State MLS

APN: 18-01902-0000-00009

New Jersey Union County Summit 07901

7 Sherman Ave, Summit, NJ

This home is located at 7 Sherman Ave, Summit, NJ 07901 and is currently priced at $1,680,000, approximately $956 per square foot. 7 Sherman 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.

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