8 Park Ave Summit, NJ 07901
Estimated Value: $724,793 - $1,750,000
--
Bed
--
Bath
2,572
Sq Ft
$429/Sq Ft
Est. Value
About This Home
This home is located at 8 Park Ave, Summit, NJ 07901 and is currently estimated at $1,102,198, approximately $428 per square foot. 8 Park 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.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 19, 2023
Sold by
Garita Viria
Bought by
Cordero Tahiry
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$447,000
Outstanding Balance
$436,227
Interest Rate
6.27%
Mortgage Type
Construction
Estimated Equity
$674,019
Purchase Details
Closed on
Aug 15, 2012
Sold by
Garita Ruddy A
Bought by
Garita Viria
Purchase Details
Closed on
May 30, 2007
Sold by
Garita Ruddy A and Garita Viria T
Bought by
Garita Ruddy A and Garita Tahiry
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,500
Interest Rate
5.88%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Oct 1, 1998
Sold by
Karas Joseph and Karas Sherry M
Bought by
Garita Ruddy A and Garita Viria T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,750
Interest Rate
12.05%
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 |
---|---|---|---|
Cordero Tahiry | -- | Elite Title Group | |
Garita Viria | -- | -- | |
Garita Ruddy A | -- | Commonwealth Land Title Insu | |
Garita Ruddy A | $175,000 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Cordero Tahiry | $447,000 | |
Previous Owner | Garita Ruddy A | $27,500 | |
Previous Owner | Garita Ruddy A | $412,500 | |
Previous Owner | Garita Ruddy A | $397,000 | |
Previous Owner | Garita Ruddy A | $370,000 | |
Previous Owner | Garita Ruddy A | $23,112 | |
Previous Owner | Garita Ruddy A | $13,500 | |
Previous Owner | Garita Ruddy | $162,000 | |
Previous Owner | Garita Ruddy A | $148,750 |
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 |
---|---|---|---|---|
2024 | $7,317 | $169,100 | $64,500 | $104,600 |
2023 | $7,317 | $169,100 | $64,500 | $104,600 |
2022 | $7,243 | $169,100 | $64,500 | $104,600 |
2021 | $7,300 | $169,100 | $64,500 | $104,600 |
2020 | $7,373 | $169,100 | $64,500 | $104,600 |
2019 | $7,381 | $169,100 | $64,500 | $104,600 |
2018 | $7,334 | $169,100 | $64,500 | $104,600 |
2017 | $7,381 | $169,100 | $64,500 | $104,600 |
2016 | $7,273 | $169,100 | $64,500 | $104,600 |
2015 | $7,131 | $169,100 | $64,500 | $104,600 |
2014 | $6,947 | $169,100 | $64,500 | $104,600 |
Source: Public Records
Map
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