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10 Summit Avenue

10 Summit Avenue, Edison, NJ 08820
Property in Middlesex
Sold Jan 23, 2006
$500,000
$200,000 by Hsbc Mtg Corp
Mortgage Due Jan 23, 2036
Sold Mar 30, 2000
$235,000
$176,250 by Washington Mutual Bk
Mortgage
Local assessors in Edison, NJ have categorized 10 Summit Avenue as a residential type of property. The home was built in 1967 and is 57 years old. The property's lot size has been calculated to be 14,248 square feet. The linear feet between the front and back of the lot was measured at 1,510 ft and the front of the lot was measured at 1,000 ft. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 10 Summit Avenue has a total of 2,784 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 10 Summit Avenue was last sold in Sep 24, 2004 for $500,000. According to our calculations, that's $179.60 per sqft. Prior to that sales transaction, the property was sold for $235,000 in Mar 15, 2000. Current property owners are expected to pay $14,748 in taxes per year. The property on 10 Summit Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $249,000. To break that down further, the land itself was valued at $117,700. While improvements to the property were assessed at a total of $131,300. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 14,248
  • Lot Size Depth Feet: 1,510
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,784
  • Building Area: 2,784
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,784
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WOODLAND GROVE SEC 07
  • Land Acres: 0.327
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : CHAO SUET WAH
  • Previous Owner : ZHOU XIAO YAN
  • Owner Before Previous Owner: CHIAO EVELYN
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Edison Township School District
  • Census Tract: 001409

Zoning

  • Zoning: RA

Geography

  • Assessors Map Reference: TAX MAP 128
  • District: 05
  • Parcel: 05 00546- 18-00013
  • Block: 546.18
  • Lot: 13
  • Municipality: EDISON TWP
  • Latitude: 40.5817
  • Longitude: -74.3501

    Address

  • Full Address: 10 Summit Ave
  • Address - House Number: 10
  • Address - Street Name: Summit
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Edison
  • Carrier Code: C016
  • 4-Digit Zip Code: 2211
  • Zip Code: 08820

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,748

    Appraisal Valuation

  • Standard Deviation: 0.1877
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 787,345
  • High Value: 935,161
  • Low Value: 639,530

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $200,000
  • First Open Lien Mortgage Lender: HSBC MTG CORP
  • First Open Lien Mortgage Recording Date: Jan 23, 2006
  • First Open Lien Mortgage Loan Amount: $200,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Jan 23, 2036

    Market Valuation

  • Market Total Value: $249,000
  • Market Land Value: $117,700
  • Market Improvement Value: $131,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $249,000
  • Assessed Land Value: $117,700
  • Assessed Improvements Value: $131,300

    Sales

  • Current Sale Contract Date: Sep 24, 2004
  • Current Sale Recording Date: Jan 23, 2006
  • Current Sale Transaction ID: 1192197973
  • Current Sale Price: $500,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Mar 30, 2000
  • Previous Sale Contract Date: Mar 15, 2000
  • Previous Sale Amount: $235,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: HSBC MTG CORP
  • First Mortgage Transaction Date: Jan 23, 2006
  • First Mortgage Loan Amount: $200,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: WASHINGTON MUTUAL BK
  • Previous Mortgage Transaction Date: Mar 30, 2000
  • Previous Mortgage Loan Amount: $176,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

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Frequently Asked Questions

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

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