Property Report for 7 Washington Ave, Summit, NJ 07901

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7 Washington Ave, Summit, NJ 07901
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7 Washington Ave, Summit, NJ 07901
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Property Details
  • Property Address 7 Washington Ave, Summit, NJ 07901
  • County Union
  • Parcel ID 18 03703-0000-00013
  • Legal description LOT:13 BLK:3703 DIST:18 CITY/MUNI/TWP:SUMMIT CITY MAP REF:TAX MAP 37
  • School district Summit City School District
  • Acreage 0.15
  • Property class Single Family Residence
  • Zoning Subscribe
  • Square footage 2,548
  • Year built 1974
  • Bedrooms N/A
  • Bathrooms N/A

About the Property

7 Washington Ave is a single family residence in the city of Summit, NJ 07901. Located in the Summit City School District, which resides in Union County, NJ and built in 1974. This Single Family Residence sits on a 6,490 sq ft lot and features 2,548 sq ft of living space.

The most recent property tax for 7 Washington Ave was $8,858 with an estimated market value range of $709,335 to $723,665. This property was last sold on October 20, 2022 for $716,500.

Property Info

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Flood

Ownership

Land
  • Acres 0.15
  • Square Feet 6,490
Building
  • Units N/A
  • Year Built 1974
  • Effective Year Built N/A
  • Stories 1
  • # Fireplaces N/A
  • Garage/Carport N/A
Utilities
  • Cooling Not Provided
  • Heating None
Interior
  • Square Footage
  • Living Area 2,548
  • Total Rooms N/A
  • Bedrooms N/A
  • Total Bathrooms N/A
  • Full Bathrooms N/A
Your Property Report will also include the following information:

Summit Residential Market Stats

Median Sale Price $1,216,000 +35.8% YoY
Median Price/sq ft. $482
Union County Median Sale Price $1,216,000 +35.8% YoY

See more Real Estate Trends for Summit including home values, types of properties sold and transaction volumes.

Taxes and Assessments for 7 Washington Ave, Summit

Tax YearTaxesTax Assesed ValueExemptions
2021$8,858 (-1%) $205,200

2020$8,947 (-0.1%) $205,200

2019$8,957$205,200

2018

2017

2016

2015

Access Full Tax & Assessment History for 7 Washington Ave, Summit. View Tax Information

Sales History for 7 Washington Ave, Summit

The most recent sale on 7 Washington Ave took place on Sep 25, 2022 and recorded on Oct 20, 2022 for $716,500. Sign up for full access to the complete sales history including potential flips, distressed sales and buyer and seller data.
Sale DateRecorded DateBuyer(s)Seller(s)PriceDocument ID

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Recently Sold Comparables
These are nearby recently sold properties that are similar to this property, base on available data.
AddressDistanceSqFtSale DatePrice$/SqFt
228 2ND AVE 4.34 mi2,46807/13/2023$715,000$290
400 SPRINGFIELD AVE 4.08 mi2,88005/19/2023$800,000$278
126 W END AVE 2.1 mi2,92505/11/2023$1,915,000$655
Active Mortgages and Equity Analysis
Date RecordedPositionOriginal AmountAmortized BalanceLoan TypeInterest RateLenderLender Type

  • Total Estimated Debt:

  • Estimated Value from ATTOM AVM:

  • Available Equity:

  • Loan To Value Ratio:

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Total Estimated Debt

  • Total Estimated Debt
  • Available Equity
Access the complete Mortgage and Equity Analysis for 7 Washington Ave, Summit. View Mortgage and Equity
Automated Valuation Models (AVM)
Our Property Reports contain multiple Automated Valuation Models showing low, median, and high values along with confidence scores.
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Market Value Estimate
Nov 22, 2022 Confidence Score: 99%

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Value
High
Rental Value Estimate ATTOM
Nov 27, 2022

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Various data sets have been provided by a third party or government source and are subject to change and possible errors. Depending on location and source, data may be missing or not available. Information is deemed reliable but not guaranteed to be accurate, up-to-date, or complete. Buyers, investors, and others are responsible for verifying the accuracy of all information.