NOT LISTED FOR SALE

8 Princeton St Summit, NJ 07901

Estimated Value: $1,334,597 - $1,794,000

4 Beds
3 Baths
2,758 Sq Ft
$530/Sq Ft Est. Value

Last Sold October 23, 2017

Last sale price $999,000 $362 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $9,535/month

About This Home

As of October 2017

Picture perfect 2015 New Construction on quiet street close to Bryant Park. Open Floor plan, high end amenities and fine architectural detail. Gorgeous patio overlooks large, level fenced rear yard. Better than new! Updates since 2015: Professional Caporaso Landscaping, new fence, custom window treatments and Hunter Douglas blinds and shutters; new light fixtures throughout; new LG washer & dryer; California Closet Systems; Interior Paint and Decor; ADT security system. Attractive additional Features: Attached Two Car Garage, Inviting Front Porch, High Ceilings, Hardwood Floors. Location! Enjoy Summit recreation facilities all around.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 14, 2017
Sold by
Kocal Jacob J and Kocal Lauren S
Bought by
Phelps David Joseph and Phelps Keri Joy
Current Estimated Value
$1,462,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$749,250
Interest Rate
3.83%

Purchase Details

Listed on
Aug 21, 2015
Closed on
Aug 21, 2015
Sold by
Princeton Ave Summit Llc
Bought by
Kocal Jacob J and Kocal Lauren S
Seller's Agent
TERRY BRANNIN
EXP REALTY, LLC
Sold Price
$940,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.49%
Original Mortgage
$752,000
Interest Rate
2.73%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 5, 2014
Sold by
Cutts Maria
Bought by
Princeton Ave Summit Llc
Source: Public Records

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
Phelps David Joseph $999,000 None Available
Kocal Jacob J $940,000 Agent For Fidelity Natl Titl
Princeton Ave Summit Llc $275,000 East Coast Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phelps David Joseph $694,900
Previous Owner Phelps David Joseph $749,250
Previous Owner Kocal Jacob J $752,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2017 10/23/17 Sold $999,000 -4.4% --
08/31/2017 08/31/17 Pending -- -- --
07/12/2017 07/12/17 For Sale $1,045,000 +11.2% --
08/21/2015 08/21/15 Sold $940,000 -- --

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 $19,528 $448,300 $164,300 $284,000
2024 $19,398 $448,300 $164,300 $284,000
2023 $19,398 $448,300 $164,300 $284,000
2022 $19,201 $448,300 $164,300 $284,000
2021 $19,353 $448,300 $164,300 $284,000
2020 $19,546 $448,300 $164,300 $284,000
2019 $18,329 $419,900 $164,300 $255,600
2018 $18,211 $419,900 $164,300 $255,600
2017 $18,329 $419,900 $164,300 $255,600
2016 $18,060 $419,900 $164,300 $255,600
2015 $17,707 $164,300 $164,300 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2017

    CYNTHIA BAKER

    LOIS SCHNEIDER REALTOR

  • R

    Buyer's Agent in 2017

    RICHARD M. HOPEN

    COMPASS NEW JERSEY, LLC

  • T

    Seller's Agent in 2015

    TERRY BRANNIN

    EXP REALTY, LLC

See All Agents

Map

New Jersey Union County Summit 07901

8 Princeton St, Summit, NJ

This home is located at 8 Princeton St, Summit, NJ 07901 and is currently estimated at $1,462,649, approximately $530 per square foot. 8 Princeton St is a home located in Union County with nearby schools including L C Johnson Summit Middle School, Summit Sr High School, and St James The Apostle 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.

Nearby Homes