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41 Webster Avenue

41 Webster Avenue, Summit, NJ 07901
Property in Union
Sold Aug 31, 2021
$879,000
$759,000 by New Jersey Lenders Corp
Mortgage Due Sep 01, 2051
Sold Dec 24, 2013
$437,500
41 Webster Avenue in Summit, NJ was first built in 1951 and is 73 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. 41 Webster Avenue has 1,796 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 600 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 5,998 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. 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, 41 Webster Avenue was last sold in Aug 20, 2021 for $879,000. According to our calculations, that's $489.42 per sqft. Prior to that sales transaction, the property was sold for $437,500 in Dec 19, 2013. Current property owners are expected to pay $12,981 in taxes per year. The property on 41 Webster Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $300,000. To break that down further, the land itself was valued at $124,900. While improvements to the property were assessed at a total of $175,100. 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: 1951
  • Effective Year Built: 1951
  • 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: 5,998
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,796
  • Building Area: 1,796
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,796
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : KENNEDY JAMES E
  • Current Owner 2: KENNEDY KAELA D
  • Previous Owner : MCCORMICK ANJALI
  • Owner Before Previous Owner: INCANDELA CARMELA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Summit City School District
  • Census Tract: 037800

Zoning

  • Zoning: R6

Geography

  • Assessors Map Reference: TAX MAP 5
  • District: 18
  • Parcel: 18 00505-0000-00023
  • Block: 505
  • Lot: 23
  • Municipality: SUMMIT CITY
  • Latitude: 40.7246
  • Longitude: -74.3721

    Address

  • Full Address: 41 Webster Ave
  • Address - House Number: 41
  • Address - Street Name: Webster
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Summit
  • Carrier Code: C020
  • 4-Digit Zip Code: 1525
  • Zip Code: 07901

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $12,981

    Appraisal Valuation

  • Standard Deviation: 0.2122
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 1,005,288
  • High Value: 1,218,612
  • Low Value: 791,965

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $759,000
  • First Open Lien Mortgage Lender: NEW JERSEY LENDERS CORP
  • First Open Lien Mortgage Recording Date: Aug 31, 2021
  • First Open Lien Mortgage Loan Amount: $759,000
  • 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: Sep 01, 2051

    Market Valuation

  • Market Total Value: $300,000
  • Market Land Value: $124,900
  • Market Improvement Value: $175,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $300,000
  • Assessed Land Value: $124,900
  • Assessed Improvements Value: $175,100

    Sales

  • Current Sale Contract Date: Aug 20, 2021
  • Current Sale Recording Date: Aug 31, 2021
  • Current Sale Transaction ID: 11854996752
  • Current Sale Price: $879,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 8790
  • Previous Sale Recording Date: Dec 24, 2013
  • Previous Sale Contract Date: Dec 19, 2013
  • Previous Sale Amount: $437,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: NEW JERSEY LENDERS CORP
  • First Mortgage Transaction Date: Aug 31, 2021
  • First Mortgage Loan Amount: $759,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

About Summit



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Frequently Asked Questions

What neighborhood is 41 Webster Avenue located in?
The 41 Webster Avenue is a located in the neighborhood of Union in Summit, Summit.
What is the average sales price for listings in 41 Webster Avenue?
The average sales price for units in 41 Webster Avenue is $0 currently.

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