NOT LISTED FOR SALE

77 Springfield Ave Summit, NJ 07901

Estimated Value: $757,000 - $982,907

-- Bed
-- Bath
2,618 Sq Ft
$331/Sq Ft Est. Value

Last Sold November 03, 2023

Last sale price $675,000 $258 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $5,791/month

13 Days on Market

About This Home

As of November 2023

This home is located at 77 Springfield Ave, Summit, NJ 07901 since 27 July 2023 and is currently estimated at $865,477, approximately $330 per square foot. This property was built in 1900. 77 Springfield Ave 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.

Last Listed By

DIANE TERRY

KELLER WILLIAMS REALTY Brokerage Phone: 908-273-2991 Listed on: 07/27/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,350

Year Built

  • Built in 1900

Lot Details

  • 0.3 Acre Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,350

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Year Built: 1900
  • County Name: Union
  • Street Number Display: 77
  • I D: 5235263
  • Modified: 2024-11-04
  • Number Images: 1
  • Attribution Contact: 908-273-2991
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: .31
  • Total Acres: 0.30

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
Total Days on Market
13
Current Estimated Value
$865,477

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
$877,500
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
-$46,189

Purchase Details

Listed on
Jul 27, 2023
Closed on
Nov 28, 2023
Sold by
Summit Enterprise Holdings Llc
Bought by
3 Parkside Llc
Seller's Agent
DIANE TERRY
KELLER WILLIAMS REALTY
Buyer's Agent
SEAN WATSON
KELLER WILLIAMS METROPOLITAN
List Price
$499,000
Sold Price
$675,000
Premium/Discount to List
$176,000
35.27%
Views
116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.19%
Original Mortgage
$773,000
Interest Rate
7.63%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 27, 2023
Closed on
Oct 6, 2023
Sold by
Wesley K And Sarah K Burton Realty Llc
Bought by
Summit Enterprise Holdings Llc
Seller's Agent
DIANE TERRY
KELLER WILLIAMS REALTY
Buyer's Agent
SEAN WATSON
KELLER WILLIAMS METROPOLITAN
List Price
$499,000
Sold Price
$675,000
Premium/Discount to List
$176,000
35.27%
Views
116

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
Apr 22, 2010
Sold by
Burton Sarah K
Bought by
Wesley K & Sarah K Burton Realty Llc

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

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

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
3 Parkside Llc -- 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

Property History

Date Event Price Change Sq Ft Price
11/03/2023 11/03/23 Sold $675,000 0.0% $258 / Sq Ft
08/09/2023 08/09/23 Pending -- -- --
08/08/2023 08/08/23 Off Market $675,000 -- --
07/27/2023 07/27/23 For Sale $499,000 -- $191 / 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
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

Agents Affiliated with this Home

  • D

    Seller's Agent in 2023

    DIANE TERRY

    KELLER WILLIAMS REALTY

  • S

    Buyer's Agent in 2023

    SEAN WATSON

    KELLER WILLIAMS METROPOLITAN

See All Agents

Map

Source: Garden State MLS

MLS Number: 3856647

Garden State MLS

APN: 18-03702-0000-00023

New Jersey Union County Summit 07901

77 Springfield Ave, Summit, NJ

Homes for Sale in Summit, NJ

This home is located at 77 Springfield Ave, Summit, NJ 07901 since 27 July 2023 and is currently estimated at $865,477, approximately $330 per square foot. This property was built in 1900. 77 Springfield Ave 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Garden State MLS The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.
Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.



This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

Nearby Homes