NOT LISTED FOR SALE

7 Wallace Rd Summit, NJ 07901

Estimated Value: $1,609,110 - $2,212,000

-- Bed
-- Bath
3,408 Sq Ft
$552/Sq Ft Est. Value

About This Home

This home is located at 7 Wallace Rd, Summit, NJ 07901 and is currently estimated at $1,881,278, approximately $552 per square foot. 7 Wallace Rd 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
Nov 7, 2006
Sold by
Sirva Relocation Credit Llc
Bought by
Wagner Jane A
Current Estimated Value
$1,881,278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Outstanding Balance
$95,278
Interest Rate
6.33%
Estimated Equity
$1,786,000

Purchase Details

Closed on
Apr 27, 2006
Sold by
Newman Rayford L
Bought by
Sirva Relocation Credit Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 8, 1995
Sold by
Busch Properties Inc
Bought by
Newman Rayford L and Newman Holly S

Purchase Details

Closed on
Aug 1, 1994
Sold by
Fleming Clay Hamilton Lewis and Fleming Clay Barbara
Bought by
Busch Properties Inc
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

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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
Wagner Jane A $785,000 --
Sirva Relocation Credit Llc $802,500 --
Newman Rayford L $245,000 --
Busch Properties Inc $270,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wagner Jane A $160,000
Previous Owner Sirva Relocation Credit Llc $160,000
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 $16,653 $382,300 $150,700 $231,600
2024 $16,542 $382,300 $150,700 $231,600
2023 $16,542 $382,300 $150,700 $231,600
2022 $16,374 $382,300 $150,700 $231,600
2021 $16,504 $382,300 $150,700 $231,600
2020 $16,668 $382,300 $150,700 $231,600
2019 $16,687 $382,300 $150,700 $231,600
2018 $16,580 $382,300 $150,700 $231,600
2017 $16,687 $382,300 $150,700 $231,600
2016 $16,443 $382,300 $150,700 $231,600
2015 $16,122 $382,300 $150,700 $231,600
2014 $15,705 $368,000 $150,700 $217,300
Source: Public Records

Map

New Jersey Union County Summit 07901

7 Wallace Rd, Summit, NJ

Not Listed for Sale

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