NOT LISTED FOR SALE

9 Sherman Ave Summit, NJ 07901

Estimated Value: $2,170,000 - $2,572,000

5 Beds
4 Baths
-- Sq Ft
0.26 Acres

Last Sold July 18, 2024

Last sale price $2,200,000

Est. 7% increase in value since last sale

Current estimated payment $14,478/month

9 Days on Market

About This Home

As of July 2024

This home is located at 9 Sherman Ave, Summit, NJ 07901 since 05 March 2024 and is currently estimated at $2,364,603. This property was built in 1931. 9 Sherman 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 Agent to Sell the Property

Suzanne Lear

PROMINENT PROPERTIES SIR Brokerage Phone: 908-273-8808 Listed on: 03/05/2024

Co-Listed By

JILL BRAY

PROMINENT PROPERTIES SIR Brokerage Phone: 908-273-8808

Last Buyer's Agent

CYNTHIA BAKER

LOIS SCHNEIDER REALTOR

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1931

Lot Details

  • 0.26 Acre Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Year Built: 1931
  • County Name: Union
  • I D: 5273425
  • Attribution Contact: 908-273-8808
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 3.10

Lot Info

  • Lot Size: 75X150
  • Total Acres: 0.26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2024
Closed on
Jul 15, 2024
Sold by
Powell Grant Edmund and Bray Jill Suzanne
Bought by
Sherman Lobo Llc
Seller's Agent
Suzanne Lear
PROMINENT PROPERTIES SIR
Buyer's Agent
CYNTHIA BAKER
LOIS SCHNEIDER REALTOR
List Price
$1,895,000
Sold Price
$2,200,000
Premium/Discount to List
$305,000
16.09%
Views
147
Current Estimated Value
$2,364,603

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,603
Avg. Annual Appreciation
5.03%

Purchase Details

Closed on
Aug 18, 2010
Sold by
Bentley Jane H
Bought by
Powell Grand Edmund and Bray Jill Suzanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 1994
Sold by
Rose Dudley Hill and Kuenster Nancy Jo
Bought by
Bentley Morgan W and Bentley Jane H
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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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
Sherman Lobo Llc $2,200,000 Tradition Title
Powell Grand Edmund $999,999 Stewart Title Guaranty Co
Bentley Morgan W $487,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Powell Grand Edmund $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/18/2024 07/18/24 Sold $2,200,000 +16.1% --
03/16/2024 03/16/24 Pending -- -- --
03/07/2024 03/07/24 For Sale $1,895,000 -- --
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 $25,356 $657,100 $216,800 $440,300
2024 $25,187 $582,100 $216,800 $365,300
2023 $25,187 $582,100 $216,800 $365,300
2022 $24,931 $582,100 $216,800 $365,300
2021 $25,129 $582,100 $216,800 $365,300
2020 $25,380 $582,100 $216,800 $365,300
2019 $25,409 $582,100 $216,800 $365,300
2018 $25,246 $582,100 $216,800 $365,300
2017 $25,409 $582,100 $216,800 $365,300
2016 $25,036 $582,100 $216,800 $365,300
2015 $24,547 $582,100 $216,800 $365,300
2014 $23,913 $430,600 $216,800 $213,800
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2024

    Suzanne Lear

    PROMINENT PROPERTIES SIR

    (908) 376-2720

    58 in this area

    113 Total Sales

    Suzanne Lear
    Section Image

  • J

    Seller Co-Listing Agent in 2024

    JILL BRAY

    PROMINENT PROPERTIES SIR

  • C

    Buyer's Agent in 2024

    CYNTHIA BAKER

    LOIS SCHNEIDER REALTOR

See All Agents

Map

Source: Garden State MLS

MLS Number: 3889147

Garden State MLS

APN: 18-01902-0000-00010

New Jersey Union County Summit 07901

9 Sherman Ave, Summit, NJ

Not Listed for Sale

Detached

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