$821,000
SOLD OCT 28, 2025

71 Broad St Summit, NJ 07901

-- Bed
-- Bath
1,849 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$444 Per Sq Ft

14% Above List Price

10 Days on Market

About This Home

As of October 2025

This home is located at 71 Broad St, Summit, NJ 07901 and is currently priced at $821,000, approximately $444 per square foot. This property was built in 1916. 71 Broad St 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

Scott Shuman

KELLER WILLIAMS REALTY Brokerage Phone: 908-273-2991 Listed on: 09/24/2025

KELLER WILLIAMS REALTY

Last Buyer's Agent

Scott Shuman

KELLER WILLIAMS REALTY Brokerage Phone: 908-273-2991 Listed on: 09/24/2025

KELLER WILLIAMS REALTY

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1916

Lot Details

  • 7,841 Sq Ft Lot

Property Details

Home Type

Multi-Family

Year Built

Built in 1916

Lot Details

7,841 Sq Ft Lot

Listing Details

  • Year Built: 1916
  • County Name: Union
  • I D: 5387028
  • Attribution Contact: 908-273-2991
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: .177
  • Total Acres: 0.18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2025
Closed on
Oct 23, 2025
Sold by
Murray Thomas Joseph and Murray Jamie Lynn
Bought by
232-234 Morris Avenue Llc
Seller's Agent
Scott Shuman
KELLER WILLIAMS REALTY
Buyer's Agent
Scott Shuman
KELLER WILLIAMS REALTY
List Price
$719,000
Sold Price
$821,000
Premium/Discount to List
$102,000
14.19%
Views
184
Current Estimated Value
$835,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,101
Avg. Annual Appreciation
4.58%
Original Mortgage
$615,750
Outstanding Balance
$615,750
Interest Rate
6.26%
Mortgage Type
New Conventional
Estimated Equity
$219,351

Purchase Details

Closed on
Dec 14, 2014
Sold by
Ferreira Maria A and Ferreira Armando L
Bought by
Murray Thomas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2007
Sold by
Rosa Janet
Bought by
Ferreira Maria A and Ferreira Armando I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 $821,000 Westcor Land Title
Deed $525,000 American Land Title Assn
Bargain Sale Deed $480,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $615,750 New Conventional
Previous Owner $225,000 New Conventional
Previous Owner $432,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/28/2025 10/28/25 Sold $821,000 +14.2% $444 / Sq Ft
10/04/2025 10/04/25 Pending -- -- --
09/24/2025 09/24/25 For Sale $719,000 +37.0% $389 / Sq Ft
12/14/2017 12/14/17 Sold $525,000 -- $219 / Sq Ft View Prior Sale
Source: Garden State MLS

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 $7,584 $174,100 $68,300 $105,800
2024 $7,533 $174,100 $68,300 $105,800
2023 $7,533 $174,100 $68,300 $105,800
2022 $7,457 $174,100 $68,300 $105,800
2021 $7,516 $174,100 $68,300 $105,800
2020 $7,591 $174,100 $68,300 $105,800
2019 $7,599 $174,100 $68,300 $105,800
2018 $7,551 $174,100 $68,300 $105,800
2017 $7,599 $174,100 $68,300 $105,800
2016 $7,488 $174,100 $68,300 $105,800
2015 $7,342 $174,100 $68,300 $105,800
2014 $7,152 $174,100 $68,300 $105,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3988789

Garden State MLS

APN: 18-03604-0000-00005

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