Check Availability

5 George Street

5 George Street, Summit, NJ 07901
Property in Union
Sold Dec 21, 2015
$479,000
$1,750,000 by Td Bank Na
Mortgage Due Dec 23, 2049
5 George Street has been categorized by the local assessors in Summit, NJ as a residential type of property. The building on the property was first built in 1957 and is 67 years old. The building has a total of 2 stories. In addition, 5 George Street has 1,938 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 5,968 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with brick control joints. The exterior walls of the building are made of brick. The property was last sold in Dec 8, 2015 for $479,000. That's $247.16 per sqft. 5 George Street was last assessed in 2023. The total value of the property was assessed at $232,300. Specifically, the land the property is located on was valued at $113,300. While improvements on the property were assessed at a total of $119,000. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $10,052. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Bedroom Count: 0
  • Construction Type: Brick
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,968
  • Total Building Area: 1,938
  • Building Area: 1,938
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,938
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.137
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : FLANAGAN SEAN T
  • Current Owner 2: FLANAGAN MARJORIE
  • Previous Owner : PIRANEO SOFIO
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Summit City School District
  • Census Tract: 038000

Zoning

  • Zoning: MF

Geography

  • Assessors Map Reference: TAX MAP 18
  • District: 18
  • Parcel: 18 01806-0000-00002
  • Block: 1806
  • Lot: 2
  • Municipality: SUMMIT CITY
  • Latitude: 40.7159
  • Longitude: -74.3637

    Address

  • Full Address: 5 George St
  • Address - House Number: 5
  • Address - Street Name: George
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Summit
  • Carrier Code: C031
  • 4-Digit Zip Code: 4401
  • Zip Code: 07901

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,052

    Appraisal Valuation

  • Standard Deviation: 0.2122
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 850,589
  • High Value: 1,031,085
  • Low Value: 670,093

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,750,000
  • First Open Lien Mortgage Lender: TD BANK NA
  • First Open Lien Mortgage Recording Date: Dec 23, 2019
  • First Open Lien Mortgage Loan Amount: $1,750,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Open Lien Mortgage Loan Due Date: Dec 23, 2049

    Market Valuation

  • Market Total Value: $232,300
  • Market Land Value: $113,300
  • Market Improvement Value: $119,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $232,300
  • Assessed Land Value: $113,300
  • Assessed Improvements Value: $119,000

    Sales

  • Current Sale Contract Date: Dec 08, 2015
  • Current Sale Recording Date: Dec 21, 2015
  • Current Sale Transaction ID: 11552014638
  • Current Sale Price: $479,000
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CENTRAL JERSEY MORTGAGE CORP
  • First Mortgage Transaction Date: Dec 21, 2015
  • First Mortgage Loan Amount: $359,000
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2036

About Summit



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 18 Euclid Ave, Summit City, NJ, 07901

$2,700 /mo

  • 1 Bed
  • 1 Bath
18 Euclid Ave #6, Summit City, NJ, 07901 Listing by FREDERICK TRUNCALE
Unit for rent at 417 Morris Ave, Summit City, NJ, 07901

$2,900 /mo

  • 2 Beds
  • 1 Bath
417 Morris Ave #15, Summit City, NJ, 07901 Listing by BARBARA LEWIS
Unit for rent at 412 Morris Ave, Summit City, NJ, 07901

$2,800 /mo

  • 2 Beds
  • 2 Baths
412 Morris Ave #20, Summit City, NJ, 07901 Listing by SUSANNA SHEN
Unit for rent at 5 Heritage Dr, Chatham Twp., NJ, 07928

$2,750 /mo

  • 1 Bed
  • 1 Bath
5 Heritage Dr, Chatham Twp., NJ, 07928 Listing by TUCKER CANNON

Frequently Asked Questions

What neighborhood is 5 George Street located in?
The 5 George Street is a located in the neighborhood of Union in Summit, Summit.
What is the average sales price for listings in 5 George Street?
The average sales price for units in 5 George Street is $0 currently.

Quantcast