740 Springfield Ave Summit, NJ 07901
Estimated Value: $713,000 - $1,707,000
--
Bed
--
Bath
2,935
Sq Ft
$379/Sq Ft
Est. Value
About This Home
This home is located at 740 Springfield Ave, Summit, NJ 07901 and is currently estimated at $1,111,139, approximately $378 per square foot. 740 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.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 12, 2019
Sold by
Newrez Llc
Bought by
Guo Linxia
Current Estimated Value
Purchase Details
Closed on
Sep 5, 2018
Sold by
Ramirez Jmmy and Ramirez Melania
Bought by
Mtglq Investors L P
Purchase Details
Closed on
Dec 27, 2004
Sold by
Mueller Donald
Bought by
Ramirez Jimmy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,000
Interest Rate
6.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Guo Linxia | $485,000 | None Available | |
| Mtglq Investors L P | $1,000 | None Available | |
| Ramirez Jimmy | $515,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Ramirez Jimmy | $412,000 |
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 | $10,106 | $232,000 | $146,700 | $85,300 |
| 2024 | $10,039 | $232,000 | $146,700 | $85,300 |
| 2023 | $10,039 | $232,000 | $146,700 | $85,300 |
| 2022 | $9,937 | $232,000 | $146,700 | $85,300 |
| 2021 | $11,531 | $267,100 | $146,700 | $120,400 |
| 2020 | $11,646 | $267,100 | $146,700 | $120,400 |
| 2019 | $11,659 | $267,100 | $146,700 | $120,400 |
| 2018 | $11,584 | $267,100 | $146,700 | $120,400 |
| 2017 | $11,659 | $267,100 | $146,700 | $120,400 |
| 2016 | $11,488 | $267,100 | $146,700 | $120,400 |
| 2015 | $11,264 | $267,100 | $146,700 | $120,400 |
| 2014 | -- | $267,100 | $146,700 | $120,400 |
Source: Public Records
Map
Nearby Homes
- 709 Springfield Ave Unit 4
- 709 Springfield Ave Unit 3
- 19 Division Ave
- 43 Passaic Ave
- 7 Oak Forest Ln
- 72 Central Ave
- 54 Badgley Dr
- 149 Ashland Rd
- 68 New England Ave Unit 18
- 283 Riveredge Dr
- 67 Tulip St
- 54 Canterbury Rd
- 390 Morris Ave Unit 35
- 40 Prospect St
- 5G Terrace Dr
- 2F Terrace Dr Unit F
- 55 River Rd
- 100 Commonwealth Ave
- 22C Heritage Dr Unit C
- 34 Grant Ave
- 740 Springfield Ave
- 738 Springfield Ave Unit A
- 738 Springfield Ave
- 746 Springfield Ave
- 743 Springfield Ave
- 736 Springfield Ave
- 750 Springfield Ave
- 739 Springfield Ave
- 8 Harrison Ct
- 5 Harrison Ct
- 734 Springfield Ave
- 752 Springfield Ave
- 7 Harrison Ct
- 732 Springfield Ave
- 21 Sunset Dr
- 17 Sunset Dr
- 753 Springfield Ave
- 19 Sunset Dr
- 756 Springfield Ave
- 25 Sunset Dr