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136 Hillcrest Avenue

136 Hillcrest Avenue, Summit, NJ 07901
Property in Union
Sold Jun 25, 2021
$2,025,000
$1,620,000 by Guaranteed Rate Inc
Mortgage Due Jul 01, 2051
Sold Aug 25, 2003
$1,235,000
$600,000 by Wells Fargo Home Mortgage
Mortgage
136 Hillcrest Avenue in Summit, NJ was first built in 1983 and is 41 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a Cape Cod style. There are a total of 2 floors. 136 Hillcrest Avenue has 3,190 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 1,080 ft and the linear feet between the front and back of the lot is 2,240. In total, the area measurement of the land is 24,193 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. 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. The exterior walls of the home are made of alum/vinyl siding. 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, 136 Hillcrest Avenue sold most recently in Jun 10, 2021 for a total of $2,025,000. If you work out the math, that's approximately a cost of $634.80 per sqft. Before that, the property was also sold for $1,235,000 in Aug 1, 2003. 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 $33,443 in taxes each year. 136 Hillcrest Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $772,900. If we break it down further, the land itself was valued at $424,200. Improvements to the property, however, were assessed at a total of $348,700. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1983
  • Effective Year Built: 1983
  • Bedroom Count: 0
  • Construction Type: Frame
  • Building Style: Cape Cod
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 24,193
  • Lot Size Depth Feet: 2,240
  • Lot Size Frontage Feet: 1,080
  • Total Building Area: 3,190
  • Building Area: 3,190
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,190
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.555
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : LEWIS COREY J
  • Current Owner 2: GUTTMANN ALLISON T
  • Previous Owner : JACOBS RAYMOND
  • Previous Owner 2: JACOBS TERRY
  • Owner Before Previous Owner: CARTON GEORGINE
  • 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 21
  • District: 18
  • Parcel: 18 02104-0000-00013
  • Block: 2104
  • Lot: 13
  • Municipality: SUMMIT CITY
  • Latitude: 40.7302
  • Longitude: -74.355

    Address

  • Full Address: 136 Hillcrest Ave
  • Address - House Number: 136
  • Address - Street Name: Hillcrest
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Summit
  • Carrier Code: C013
  • 4-Digit Zip Code: 2212
  • Zip Code: 07901

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $33,443

    Appraisal Valuation

  • Standard Deviation: 0.2137
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 1,906,101
  • High Value: 2,313,471
  • Low Value: 1,498,730

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,620,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Jun 25, 2021
  • First Open Lien Mortgage Loan Amount: $1,620,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2051

    Market Valuation

  • Market Total Value: $772,900
  • Market Land Value: $424,200
  • Market Improvement Value: $348,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $772,900
  • Assessed Land Value: $424,200
  • Assessed Improvements Value: $348,700

    Sales

  • Current Sale Contract Date: Jun 10, 2021
  • Current Sale Recording Date: Jun 25, 2021
  • Current Sale Transaction ID: 11841303290
  • Current Sale Price: $2,025,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 6240
  • Previous Sale Recording Date: Aug 25, 2003
  • Previous Sale Contract Date: Aug 01, 2003
  • Previous Sale Amount: $1,235,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Jun 25, 2021
  • First Mortgage Loan Amount: $1,620,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO HOME MORTGAGE
  • Previous Mortgage Transaction Date: Aug 25, 2003
  • Previous Mortgage Loan Amount: $600,000
  • Previous Mortgage Term: 360

About Summit



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Frequently Asked Questions

What neighborhood is 136 Hillcrest Avenue located in?
The 136 Hillcrest Avenue is a located in the neighborhood of Union in Summit, Summit.
What is the average sales price for listings in 136 Hillcrest Avenue?
The average sales price for units in 136 Hillcrest Avenue is $0 currently.

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