Seller's Agent in 2023
Anita Vogel
Weichert Corporate
(973) 521-1100
1 in this area
9 Total Sales
98 Park Ave Summit, NJ 07901
Estimated Value: $472,982
2
Beds
3
Baths
1,836
Sq Ft
$258/Sq Ft
Est. Value
Highlights
- Rectangular Lot
- L C Johnson Summit Middle School Rated A+
- 5-minute walk to Edison Recreation Center
About This Home
As of March 2023Great opportunity to live in the desirable city of Summit! Good starter house or to downsize. Fixer-upper. This former single-family home has most recently been used as a dental office. Potential to restore kitchen back for residential use. Needs all kitchen appliances. Home being sold "AS-IS." The first and second floors provide 1248 sq ft, with approximately 588 sq ft in the basement. Design this home your way. Permits for single-family residential or mixed-use need to be verified with the City of Summit municipal offices. Buyers are responsible for their own due diligence for usage and securing permits with the City of Summit. Buyers are responsible for obtaining the CCO.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,559
Lot Details
- 4,748 Sq Ft Lot
- Rectangular Lot
Bedrooms and Bathrooms
- 2 Bedrooms
Schools
- Summit Middle School
- Summit High School
Utilities
- Heating System Uses Natural Gas
Listing and Financial Details
- Legal Lot and Block 00007 / 04007
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 19, 2022
Closed on
Mar 10, 2023
Sold by
Kwei Living Trust
Bought by
98 Park Avenue Summit Llc
Seller's Agent
Anita Vogel
Weichert Realtors, Montclair
Buyer's Agent
Anita Vogel
Weichert Realtors, Montclair
List Price
$450,000
Sold Price
$400,000
Premium/Discount to List
-$50,000
-11.11%
Views
274
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,982
Avg. Annual Appreciation
7.69%
Purchase Details
Closed on
May 1, 2009
Sold by
Kwei Kwei Ping Shen
Bought by
Kwei Ti Kang and Kwei Ping N
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 98 Park Avenue Summit Llc | $400,000 | Fidelity National Title | |
| Kwei Ti Kang | -- | None Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/13/2023 03/13/23 | Sold | $400,000 | -11.1% | $218 / Sq Ft |
| 02/15/2023 02/15/23 | Pending | -- | -- | -- |
| 12/19/2022 12/19/22 | For Sale | $450,000 | -- | $245 / Sq Ft |
Source: New Jersey MLS
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 | $7,577 | $175,100 | $93,600 | $81,500 |
| 2023 | $7,577 | $175,100 | $93,600 | $81,500 |
| 2022 | $7,500 | $175,100 | $93,600 | $81,500 |
| 2021 | $7,559 | $175,100 | $93,600 | $81,500 |
| 2020 | $7,634 | $175,100 | $93,600 | $81,500 |
| 2019 | $7,643 | $175,100 | $93,600 | $81,500 |
| 2018 | $7,594 | $175,100 | $93,600 | $81,500 |
| 2017 | $7,643 | $175,100 | $93,600 | $81,500 |
| 2016 | $7,531 | $175,100 | $93,600 | $81,500 |
| 2015 | $7,384 | $175,100 | $93,600 | $81,500 |
| 2014 | $7,193 | $175,100 | $93,600 | $81,500 |
Source: Public Records
Agents Affiliated with this Home
-
Anita Vogel
Map
Source: New Jersey MLS
MLS Number: 22043821
APN: 18-04007-0000-00007
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.
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.
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