NOT LISTED FOR SALE

99 Prospect St Summit, NJ 07901

Estimated Value: $3,568,000 - $5,229,000

7 Beds
5 Baths
2,682 Sq Ft
$1,628/Sq Ft Est. Value

Sale Details

Date Sold: August 31, 2023

Last sale price $3,800,000 $1,417 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $28,065 / mo

About This Home

As of August 2023

This home is located at 99 Prospect St, Summit, NJ 07901 since 31 August 2023 and is currently estimated at $4,366,193, approximately $1,627 per square foot. 99 Prospect St is a home located in Union County with nearby schools including L C Johnson Summit Middle School, Summit Sr High School, and Oak Knoll School of the Holy Child.

Co-Listed By

Suzanne Lear

PROMINENT PROPERTIES SIR Brokerage Phone: 908-273-8808

Last Buyer's Agent

JILL BRAY

PROMINENT PROPERTIES SIR

Home Details

Home Type

  • Single Family

Lot Details

  • 0.75

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Home Details

Home Type

Single Family

Lot Details

0.75 Acres

Listing Details

  • County Name: Union
  • I D: 5203325
  • Attribution Contact: 908-273-8808
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 7
  • Bathrooms: 4.10

Lot Info

  • Lot Size: .753

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2023
Closed on
Aug 22, 2023
Sold by
Hitchon Jonathan W and Hitchon Tijana
Bought by
Coconete Home Llc
Buyer's Agent
JILL BRAY
PROMINENT PROPERTIES SIR
List Price
$3,800,000
Sold Price
$3,800,000
Current Estimated Value
$4,366,193

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$566,193
Avg. Annual Appreciation
5.30%

Purchase Details

Closed on
Jul 15, 2003
Sold by
Peer V Dixon
Bought by
Hitchon Jonathan and Hitchon Tijana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,250,000
Interest Rate
5.28%

Purchase Details

Closed on
Apr 16, 2002
Sold by
Fujii Naoko and Gotthoffer Lance
Bought by
Peer V Dixon and Peer Diane L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,880,000
Interest Rate
7.05%
Mortgage Type
Stand Alone First
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Coconete Home Llc $3,800,000 Simplicity Title
Coconete Home Llc $3,800,000 Simplicity Title
Hitchon Jonathan $2,725,000 --
Peer V Dixon $1,350,000 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner Hitchon Jonathan $1,250,000
Previous Owner Peer V Dixon $1,880,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2023 08/31/23 Sold $3,800,000 0.0% $1,417 / Sq Ft
08/31/2023 08/31/23 For Sale $3,800,000 -- $1,417 / Sq Ft
Source: Garden State MLS

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 $57,364 $1,316,900 $310,600 $1,006,300
2024 $56,982 $1,316,900 $310,600 $1,006,300
2023 $56,982 $1,316,900 $310,600 $1,006,300
2022 $54,261 $1,266,900 $310,600 $956,300
2021 $54,692 $1,266,900 $310,600 $956,300
2020 $65,448 $1,501,100 $310,600 $1,190,500
2019 $65,523 $1,501,100 $310,600 $1,190,500
2018 $65,103 $1,501,100 $310,600 $1,190,500
2017 $65,523 $1,501,100 $310,600 $1,190,500
2016 $64,562 $1,501,100 $310,600 $1,190,500
2015 $63,301 $1,501,100 $310,600 $1,190,500
2014 $61,665 $1,501,100 $310,600 $1,190,500
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller Co-Listing Agent in 2023

    Suzanne Lear

    PROMINENT PROPERTIES SIR

    (908) 376-2720

    57 in this area

    115 Total Sales

    Suzanne Lear
    Section Image

  • J

    Buyer's Agent in 2023

    JILL BRAY

    PROMINENT PROPERTIES SIR

See All Agents

Map

Source: Garden State MLS

MLS Number: 3862319

Garden State MLS

APN: 18-02803-0000-00030

New Jersey Union County Summit 07901

99 Prospect St, Summit, NJ

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