$596,825
SOLD JUN 30, 2025

8 Chapel St Summit, NJ 07901

3 Beds
1 Bath
-- Sq Ft
3,485 Sq Ft Lot

Recently Sold

2% Above List Price

18 Days on Market

About This Home

As of June 2025

This home is located at 8 Chapel St, Summit, NJ 07901 and is currently priced at $596,825. This property was built in 1900. 8 Chapel St 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 Agent to Sell the Property

JENNIE FARRELL

CHRISTIE'S INT. REAL ESTATE GROUP Brokerage Phone: 908-516-4790 Listed on: 04/24/2025

Last Buyer's Agent

Torey Schnupp

EXP REALTY, LLC

EXP REALTY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,719

Year Built

  • Built in 1900

Lot Details

  • 3,485 Sq Ft Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,719

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Year Built: 1900
  • County Name: Union
  • Street Number Display: 8
  • I D: 5353233
  • Modified: 2025-07-01
  • Number Images: 1
  • Attribution Contact: 908-516-4790
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 1.00

Lot Info

  • Lot Size: .083
  • Total Acres: 0.08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2025
Closed on
Jun 18, 2025
Sold by
Palermo Patricia E and Palermo Gerald O
Bought by
Palacios Jenny and Gunsberg Paul David
Seller's Agent
JENNIE FARRELL
CHRISTIE'S INT. REAL ESTATE GROUP
Buyer's Agent
Torey Schnupp
EXP REALTY, LLC
List Price
$585,000
Sold Price
$596,825
Premium/Discount to List
$11,825
2.02%
Views
185
Current Estimated Value
$585,112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,713
Avg. Annual Appreciation
-6.61%
Original Mortgage
$507,096
Outstanding Balance
$505,814
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$79,298

Purchase Details

Closed on
Aug 21, 2009
Sold by
Constandelis Peter N and Palermo Patricia E
Bought by
Palermo Patricia E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
5.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2002
Sold by
Constandelis Peter N and Palermo Constandelis Patricia E
Bought by
Constandelis Peter N and Palermo Patricia E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,000
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 29, 1994
Sold by
Horak Barbara A and Cronin Anabel E
Bought by
Constandelis Peter N and Palermo Constandelis Patricia E
Source: Public Records

Range of Values:

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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 $596,584 Foundation Title
Deed $596,584 Foundation Title
Interfamily Deed Transfer -- Multiple
Interfamily Deed Transfer -- --
Deed $135,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $507,096 New Conventional
Closed $507,096 New Conventional
Previous Owner $220,000 New Conventional
Previous Owner $113,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2025 06/30/25 Sold $596,825 +2.0% --
05/21/2025 05/21/25 Pending -- -- --
05/03/2025 05/03/25 For Sale $585,000 -- --
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 $5,719 $131,300 $60,800 $70,500
2024 $5,681 $131,300 $60,800 $70,500
2023 $5,681 $131,300 $60,800 $70,500
2022 $5,624 $131,300 $60,800 $70,500
2021 $5,668 $131,300 $60,800 $70,500
2020 $5,725 $131,300 $60,800 $70,500
2019 $5,731 $131,300 $60,800 $70,500
2018 $5,694 $131,300 $60,800 $70,500
2017 $5,731 $131,300 $60,800 $70,500
2016 $5,647 $131,300 $60,800 $70,500
2015 $5,537 $131,300 $60,800 $70,500
2014 $5,394 $131,300 $60,800 $70,500
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2025

    JENNIE FARRELL

    CHRISTIE'S INT. REAL ESTATE GROUP

  • T

    Buyer's Agent in 2025

    Torey Schnupp

    EXP REALTY, LLC

    (866) 201-6210

    1 in this area

    17 Total Sales

    Torey Schnupp
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3958944

Garden State MLS

APN: 18-03701-0000-00007

New Jersey Union County Summit 07901

8 Chapel St, Summit, NJ

This home is located at 8 Chapel St, Summit, NJ 07901 and is currently priced at $596,825. This property was built in 1900. 8 Chapel St 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.

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