7 West Ln Summit, NJ 07901
Estimated Value: $2,068,319 - $2,186,000
Studio
--
Bath
2,974
Sq Ft
$713/Sq Ft
Est. Value
About This Home
This home is located at 7 West Ln, Summit, NJ 07901 and is currently estimated at $2,119,773, approximately $712 per square foot. 7 West Ln is a home located in Union County with nearby schools including L C Johnson Summit Middle School, Summit Sr High School, and Oak Knoll School of the Holy Child.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 17, 2011
Sold by
Verghis Viju G and Verghis Anoo
Bought by
Campbell James L and Campbell Margaret H
Current Estimated Value
Purchase Details
Closed on
Mar 31, 1998
Sold by
Thompson Michael A and Thompson Dawn M
Bought by
Verghis Viju G and Verghis Anoo
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
7.09%
Purchase Details
Closed on
Aug 13, 1996
Sold by
Sperco Anita T and Sperco Constant J
Bought by
Thompson Michael A and Thompson Dawn M
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Campbell James L | $1,165,000 | -- | |
| Verghis Viju G | $686,000 | -- | |
| Thompson Michael A | $565,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Verghis Viju G | $450,000 |
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 | $26,929 | $618,200 | $274,700 | $343,500 |
| 2024 | $26,750 | $618,200 | $274,700 | $343,500 |
| 2023 | $26,750 | $618,200 | $274,700 | $343,500 |
| 2022 | $26,688 | $618,200 | $274,700 | $343,500 |
| 2021 | $26,688 | $618,200 | $274,700 | $343,500 |
| 2020 | $26,954 | $618,200 | $274,700 | $343,500 |
| 2019 | $26,984 | $618,200 | $274,700 | $343,500 |
| 2018 | $26,811 | $618,200 | $274,700 | $343,500 |
| 2017 | $26,984 | $618,200 | $274,700 | $343,500 |
| 2016 | $26,589 | $618,200 | $274,700 | $343,500 |
| 2015 | $26,069 | $618,200 | $274,700 | $343,500 |
| 2014 | $25,396 | $618,200 | $274,700 | $343,500 |
Source: Public Records
Map
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