NOT LISTED FOR SALE

718 Springfield Ave Summit, NJ 07901

Estimated Value: $808,000 - $1,440,000

-- Bed
-- Bath
-- Sq Ft
6,098 Sq Ft Lot

Last Sold October 27, 2021

Last sale price $590,000

Est. 71% increase in value since last sale

Current estimated payment $6,136/month

50 Days on Market

About This Home

As of October 2021

This home is located at 718 Springfield Ave, Summit, NJ 07901 since 21 July 2021 and is currently estimated at $1,009,837. This property was built in 1900. 718 Springfield Ave 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.

Last Agent to Sell the Property

ANGELA LAUFER

WEICHERT REALTORS Brokerage Phone: 973-539-8000 Listed on: 07/21/2021

Last Buyer's Agent

Shorouq Matari

TOP VALUE REALTY

TOP VALUE REALTY

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 6,098

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Year Built: 1900
  • County Name: Union
  • I D: 5089182
  • Attribution Contact: 973-539-8000
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: .145

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2021
Closed on
Oct 21, 2021
Sold by
Tabak Family Acquisitions Llc
Bought by
Zarqa Mohammad A and Zarqa Najwa
Seller's Agent
ANGELA LAUFER
WEICHERT REALTORS
Buyer's Agent
Shorouq Matari
TOP VALUE REALTY
List Price
$590,000
Sold Price
$590,000
Current Estimated Value
$1,009,837

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$419,837
Avg. Annual Appreciation
13.72%
Original Mortgage
$325,000
Outstanding Balance
$296,713
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$713,124

Purchase Details

Closed on
Nov 23, 2015
Sold by
Becerra Greta
Bought by
Tabak Family Acquisitionsllc

Purchase Details

Closed on
Jul 17, 1998
Sold by
Santoro Susan
Bought by
Becerra Greta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,250
Interest Rate
6.94%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Zarqa Mohammad A $590,000 Title Agency Of Nj Inc
Tabak Family Acquisitionsllc $653,500 --
Becerra Greta $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zarqa Mohammad A $325,000
Previous Owner Becerra Greta $196,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2021 10/27/21 Sold $590,000 0.0% --
09/09/2021 09/09/21 Pending -- -- --
07/21/2021 07/21/21 For Sale $590,000 -- --
Source: Garden State MLS

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 $10,149 $233,000 $106,600 $126,400
2024 $10,082 $233,000 $106,600 $126,400
2023 $10,082 $233,000 $106,600 $126,400
2022 $9,979 $233,000 $106,600 $126,400
2021 $10,059 $233,000 $106,600 $126,400
2020 $10,159 $233,000 $106,600 $126,400
2019 $10,170 $233,000 $106,600 $126,400
2018 $10,105 $233,000 $106,600 $126,400
2017 $10,170 $233,000 $106,600 $126,400
2016 $10,021 $233,000 $106,600 $126,400
2015 $9,826 $233,000 $106,600 $126,400
2014 $9,572 $233,000 $106,600 $126,400
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    ANGELA LAUFER

    WEICHERT REALTORS

  • Shorouq Matari

    Buyer's Agent in 2021

    Shorouq Matari

    TOP VALUE REALTY

    (973) 800-7007

    3 in this area

    36 Total Sales

    Shorouq Matari
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Map

Source: Garden State MLS

MLS Number: 3729626

Garden State MLS

APN: 18-02901-0000-00022

New Jersey Union County Summit 07901

718 Springfield Ave, Summit, NJ

Not Listed for Sale

MultiFamily

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