$501,000
SOLD OCT 7, 2024

768 Springfield Ave Unit B8 Summit, NJ 07901

2 Beds
3 Baths
1,150 Sq Ft
3.06 Acres

Recently Sold

$436 Per Sq Ft

14% Above List Price

9 Days on Market

About This Home

As of October 2024

This home is located at 768 Springfield Ave Unit B8, Summit, NJ 07901 and is currently priced at $501,000, approximately $435 per square foot. This property was built in 1977. 768 Springfield Ave Unit B8 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

Victoria Prodromitis

COLDWELL BANKER REALTY Brokerage Phone: 908-522-1800 Listed on: 09/03/2024

COLDWELL BANKER REALTY

Last Buyer's Agent

Susanna Shen

GARDEN HOME REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,251

Year Built

  • Built in 1977

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,251

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Year Built: 1977
  • County Name: Union
  • Street Number Display: 768
  • I D: 5308955
  • Modified: 2025-05-07
  • Number Images: 1
  • Attribution Contact: 908-522-1800
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Bathrooms: 2.10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2024
Closed on
Sep 30, 2024
Sold by
Sharif Albert and Cronin Judith
Bought by
Chen Yan
Seller's Agent
Victoria Prodromitis
COLDWELL BANKER REALTY
Buyer's Agent
Susanna Shen
GARDEN HOME REALTY
List Price
$439,000
Sold Price
$501,000
Premium/Discount to List
$62,000
14.12%
Views
60
Current Estimated Value
$511,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,000
Avg. Annual Appreciation
2.02%

Purchase Details

Closed on
Oct 26, 2001
Sold by
Nathan Edward S and Nathan Merridith E
Bought by
Crawford Merridith E and Nathan Merridith E

Purchase Details

Closed on
Jun 23, 2000
Sold by
Nathan Edward S
Bought by
Nathan Edward S and Nathan Merridith E

Purchase Details

Closed on
May 18, 1999
Sold by
Nathan Edward S
Bought by
Nathan Edward S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,000
Interest Rate
6.53%
Source: Public Records

Range of Values:

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 Type Sale Price Title Company
Deed $501,000 Old Republic National Title
Deed $501,000 Old Republic National Title
Interfamily Deed Transfer $60,000 --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $129,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2024 10/07/24 Sold $501,000 +14.1% $436 / Sq Ft
09/13/2024 09/13/24 Pending -- -- --
09/04/2024 09/04/24 For Sale $439,000 -- $382 / Sq Ft
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 $6,251 $143,500 $60,000 $83,500
2024 $6,209 $143,500 $60,000 $83,500
2023 $6,209 $143,500 $60,000 $83,500
2022 $6,146 $143,500 $60,000 $83,500
2021 $6,195 $143,500 $60,000 $83,500
2020 $6,257 $143,500 $60,000 $83,500
2019 $6,264 $143,500 $60,000 $83,500
2018 $6,224 $143,500 $60,000 $83,500
2017 $6,264 $143,500 $60,000 $83,500
2016 $6,172 $143,500 $60,000 $83,500
2015 $6,051 $143,500 $60,000 $83,500
2014 $5,895 $143,500 $60,000 $83,500
Source: Public Records

Agents Affiliated with this Home

  • Victoria Prodromitis

    Seller's Agent in 2024

    Victoria Prodromitis

    COLDWELL BANKER REALTY

    (908) 522-1800

    2 in this area

    43 Total Sales

    Victoria Prodromitis
    Section Image

  • S

    Buyer's Agent in 2024

    Susanna Shen

    GARDEN HOME REALTY

    (973) 830-6228

    2 in this area

    107 Total Sales

    Susanna Shen
    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3921695

Garden State MLS

APN: 18-02901-0000-00004-12

New Jersey Union County Summit 07901

768 Springfield Ave Unit B8, Summit, NJ

This home is located at 768 Springfield Ave Unit B8, Summit, NJ 07901 and is currently priced at $501,000, approximately $435 per square foot. This property was built in 1977. 768 Springfield Ave Unit B8 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.

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