Seller's Agent in 2024
Alyssa Stanek
CORCORAN SAWYER SMITH
(908) 264-8851
26 in this area
184 Total Sales
7 Summit Rd Cranford, NJ 07016
Estimated Value: $680,000 - $1,364,091
5
Beds
4
Baths
3,996
Sq Ft
$274/Sq Ft
Est. Value
About This Home
As of July 2024This home is located at 7 Summit Rd, Cranford, NJ 07016 since 11 June 2024 and is currently estimated at $1,093,273, approximately $273 per square foot. This property was built in 1952. 7 Summit Rd is a home located in Union County with nearby schools including Cranford Sr High School, St Michael School, and St. Theresa School.
Last Agent to Sell the Property
CORCORAN SAWYER SMITH Brokerage Phone: 908-264-8843 Listed on: 06/11/2024
Last Buyer's Agent
CORCORAN SAWYER SMITH Brokerage Phone: 908-264-8843 Listed on: 06/11/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $26,906
Year Built
- Built in 1952
Lot Details
- 0.54 Acre Lot
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 11, 2024
Closed on
Jul 9, 2024
Sold by
Schlosser Jonathan
Bought by
Schlosser Jonathan
Seller's Agent
Alyssa Stanek
CORCORAN SAWYER SMITH
Buyer's Agent
Alyssa Stanek
CORCORAN SAWYER SMITH
List Price
$1,095,000
Sold Price
$1,150,000
Premium/Discount to List
$55,000
5.02%
Views
14
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$56,727
Avg. Annual Appreciation
-4.06%
Original Mortgage
$690,000
Outstanding Balance
$680,939
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$412,334
Purchase Details
Listed on
Apr 3, 2023
Closed on
May 23, 2023
Sold by
Jn7summit B209l3 Llc
Bought by
Georgeadis George
Seller's Agent
GERALD GRILLO
MARC KELLEY REALTORS
Buyer's Agent
Alyssa Stanek
CORCORAN SAWYER SMITH
List Price
$599,000
Sold Price
$545,000
Premium/Discount to List
-$54,000
-9.02%
Views
74
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
90.36%
Original Mortgage
$517,750
Interest Rate
6.39%
Purchase Details
Closed on
Oct 26, 2009
Sold by
Neri Joseph
Bought by
Jn7summit B209l3 Llc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Schlosser Jonathan | $1,150,000 | Westcor Land Title | |
| Schlosser Jonathan | $1,150,000 | Westcor Land Title | |
| Georgeadis George | $545,000 | Acres Land Title | |
| Jn7summit B209l3 Llc | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Schlosser Jonathan | $690,000 | |
| Closed | Schlosser Jonathan | $690,000 | |
| Previous Owner | Georgeadis George | $517,750 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/19/2024 07/19/24 | Sold | $1,150,000 | +5.0% | $288 / Sq Ft | |
| 06/15/2024 06/15/24 | Pending | -- | -- | -- | |
| 06/11/2024 06/11/24 | For Sale | $1,095,000 | +100.9% | $274 / Sq Ft | |
| 05/24/2023 05/24/23 | Sold | $545,000 | -9.0% | $136 / Sq Ft | View Prior Sale |
| 04/26/2023 04/26/23 | Pending | -- | -- | -- | |
| 04/03/2023 04/03/23 | For Sale | $599,000 | -- | $150 / Sq Ft |
Source: Garden State MLS
Tax History Compared to Growth
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 | $26,906 | $396,900 | $132,500 | $264,400 |
| 2024 | $26,461 | $396,900 | $132,500 | $264,400 |
| 2023 | $26,461 | $396,900 | $132,500 | $264,400 |
| 2022 | $26,243 | $396,900 | $132,500 | $264,400 |
| 2021 | $26,128 | $396,900 | $132,500 | $264,400 |
| 2020 | $26,045 | $396,900 | $132,500 | $264,400 |
| 2019 | $25,878 | $396,900 | $132,500 | $264,400 |
| 2018 | $25,410 | $396,900 | $132,500 | $264,400 |
| 2017 | $24,536 | $396,900 | $132,500 | $264,400 |
| 2016 | $23,643 | $396,900 | $132,500 | $264,400 |
| 2015 | $23,024 | $396,900 | $132,500 | $264,400 |
| 2014 | $22,552 | $396,900 | $132,500 | $264,400 |
Source: Public Records
Agents Affiliated with this Home
-
Alyssa Stanek
-
G
Seller's Agent in 2023
GERALD GRILLO
MARC KELLEY REALTORS
Map
Source: Garden State MLS
MLS Number: 3906964
APN: 03-00209-0000-00003
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