NOT LISTED FOR SALE

77 Springfield Ave Unit 2 Summit, NJ 07901

Estimated Value: $733,000 - $1,244,000

2 Beds
1 Bath
2,618 Sq Ft
$368/Sq Ft Est. Value

About This Home

This home is located at 77 Springfield Ave Unit 2, Summit, NJ 07901 and is currently estimated at $964,727, approximately $368 per square foot. 77 Springfield Ave Unit 2 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 11, 2024
Sold by
3 Parkside Llc
Bought by
Summit Executive Services Llc
Current Estimated Value
$964,727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$877,500
Outstanding Balance
$871,300
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$93,427

Purchase Details

Closed on
Nov 28, 2023
Sold by
Summit Enterprise Holdings Llc
Bought by
3 Parkside Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$773,000
Interest Rate
7.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 6, 2023
Sold by
Wesley K And Sarah K Burton Realty Llc
Bought by
Summit Enterprise Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$773,000
Interest Rate
7.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 1998
Sold by
Burton Wesley K
Bought by
Parisi Builders Inc

Purchase Details

Closed on
Jan 8, 1998
Sold by
Burton Wesley K and Burton Sarah K
Bought by
Burton Wesley K
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Summit Executive Services Llc -- Foundation Title
Summit Executive Services Llc -- Foundation Title
Summit Executive Services Llc -- Foundation Title
3 Parkside Llc -- Foundation Title
3 Parkside Llc -- Foundation Title
Summit Enterprise Holdings Llc $675,000 Foundation Title
Summit Enterprise Holdings Llc $675,000 Foundation Title
Parisi Builders Inc $80,000 Lawyers Title Insurance Corp
Burton Wesley K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Summit Executive Services Llc $877,500
Closed Summit Executive Services Llc $877,500
Previous Owner 3 Parkside Llc $773,000
Previous Owner Summit Enterprise Holdings Llc $700,000
Source: Public Records

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 $11,426 $363,700 $83,600 $280,100
2024 $11,350 $262,300 $83,600 $178,700
2023 $11,350 $262,300 $83,600 $178,700
2022 $11,234 $262,300 $83,600 $178,700
2021 $11,323 $262,300 $83,600 $178,700
2020 $11,436 $262,300 $83,600 $178,700
2019 $11,449 $262,300 $83,600 $178,700
2018 $11,376 $262,300 $83,600 $178,700
2017 $11,449 $262,300 $83,600 $178,700
2016 $11,282 $262,300 $83,600 $178,700
2015 $11,061 $262,300 $83,600 $178,700
2014 -- $262,300 $83,600 $178,700
Source: Public Records

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