74 Elm St Summit, NJ 07901
Estimated Value: $970,000 - $1,681,000
Studio
--
Bath
3,191
Sq Ft
$449/Sq Ft
Est. Value
About This Home
This home is located at 74 Elm St, Summit, NJ 07901 and is currently estimated at $1,432,227, approximately $448 per square foot. 74 Elm St 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
May 29, 2009
Sold by
Visual Arts Center Of New Jersey
Bought by
Bull Townsend and Cronin Jennifer
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
$410,000
Outstanding Balance
$260,994
Interest Rate
4.91%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,171,233
Purchase Details
Closed on
Jun 28, 1996
Sold by
Grillo Marie
Bought by
New Jersey Center For Visual Arts Inc
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bull Townsend | $512,500 | Multiple | |
| New Jersey Center For Visual Arts Inc | $275,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bull Townsend | $410,000 |
Source: Public Records
Tax History Compared to Growth
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 | $18,208 | $418,000 | $106,600 | $311,400 |
| 2024 | $18,087 | $418,000 | $106,600 | $311,400 |
| 2023 | $18,087 | $418,000 | $106,600 | $311,400 |
| 2022 | $17,903 | $418,000 | $106,600 | $311,400 |
| 2021 | $18,045 | $418,000 | $106,600 | $311,400 |
| 2020 | $18,225 | $418,000 | $106,600 | $311,400 |
| 2019 | $18,246 | $418,000 | $106,600 | $311,400 |
| 2018 | $13,614 | $313,900 | $113,100 | $200,800 |
| 2017 | $13,702 | $313,900 | $113,100 | $200,800 |
| 2016 | $13,501 | $313,900 | $113,100 | $200,800 |
| 2015 | $13,237 | $313,900 | $113,100 | $200,800 |
| 2014 | $12,895 | $313,900 | $113,100 | $200,800 |
Source: Public Records
Map
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