7 Wallace Rd Summit, NJ 07901
Estimated Value: $1,401,157 - $2,058,000
Studio
--
Bath
3,408
Sq Ft
$531/Sq Ft
Est. Value
About This Home
This home is located at 7 Wallace Rd, Summit, NJ 07901 and is currently estimated at $1,809,539, approximately $530 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
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
$1,714,261
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
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wagner Jane A | $160,000 | |
| Previous Owner | Sirva Relocation Credit Llc | $160,000 |
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
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