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10 Hillcrest Avenue

10 Hillcrest Avenue, Summit, NJ 07901
Property in Union
Sold Aug 23, 2019
$925,000
$735,000 by Guaranteed Rate Inc
Mortgage Due Jul 01, 2049
Sold Jun 26, 1995
$380,000
10 Hillcrest Avenue in Summit, NJ was first built in 1956 and is 68 years old. This has been categorized as a residential property type. It is a single story home. 10 Hillcrest Avenue has 2,759 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 1,310 ft and the linear feet between the front and back of the lot is 1,000. In total, the area measurement of the land is 13,098 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage underground or in the basement. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 10 Hillcrest Avenue sold most recently in Jun 21, 2019 for a total of $925,000. If you work out the math, that's approximately a cost of $335.27 per sqft. Before that, the property was also sold for $380,000 in Jun 21, 1995. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $18,044 in taxes each year. 10 Hillcrest Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $417,000. If we break it down further, the land itself was valued at $240,800. Improvements to the property, however, were assessed at a total of $176,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Underground/basement
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 13,098
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,310
  • Total Building Area: 2,759
  • Building Area: 2,759
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,759
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.301
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : TOMKO RICHARD
  • Current Owner 2: TOMKO KARA
  • Previous Owner : BURTON SARAH K
  • Owner Before Previous Owner: PYLE WILLIAM J
  • Owner Before Previous Owner 2: PYLE MARIANNE C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Summit City School District
  • Census Tract: 037700

Zoning

  • Zoning: R25

Geography

  • Assessors Map Reference: TAX MAP 11
  • District: 18
  • Parcel: 18 01101-0000-00022
  • Block: 1101
  • Lot: 22
  • Municipality: SUMMIT CITY
  • Latitude: 40.7258
  • Longitude: -74.3635

    Address

  • Full Address: 10 Hillcrest Ave
  • Address - House Number: 10
  • Address - Street Name: Hillcrest
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Summit
  • Carrier Code: C010
  • 4-Digit Zip Code: 2023
  • Zip Code: 07901

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $18,044

    Appraisal Valuation

  • Standard Deviation: 0.1997
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 73
  • Final Value: 1,304,259
  • High Value: 1,564,725
  • Low Value: 1,043,792

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $835,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Aug 23, 2019
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $735,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2049
  • Second Open Lien Mortgage Lender: UNION BUILDING TRADES FCU
  • Second Open Lien Mortgage Recording Date: May 26, 2021
  • Second Open Lien Mortgage Loan Amount: $100,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Non Purchase Money Mortgage
  • Second Open Lien Mortgage Loan Due Date: May 26, 2051

    Market Valuation

  • Market Total Value: $417,000
  • Market Land Value: $240,800
  • Market Improvement Value: $176,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $417,000
  • Assessed Land Value: $240,800
  • Assessed Improvements Value: $176,200

    Sales

  • Current Sale Contract Date: Jun 21, 2019
  • Current Sale Recording Date: Aug 23, 2019
  • Current Sale Transaction ID: 11642168853
  • Current Sale Price: $925,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 316310
  • Previous Sale Recording Date: Jun 26, 1995
  • Previous Sale Contract Date: Jun 21, 1995
  • Previous Sale Amount: $380,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Aug 23, 2019
  • First Mortgage Loan Amount: $735,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Jul 01, 2049

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Summit



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Frequently Asked Questions

What neighborhood is 10 Hillcrest Avenue located in?
The 10 Hillcrest Avenue is a located in the neighborhood of Union in Summit, Summit.
What is the average sales price for listings in 10 Hillcrest Avenue?
The average sales price for units in 10 Hillcrest Avenue is $0 currently.

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