Check Availability

51 Pine Grove Avenue

51 Pine Grove Avenue, Summit, NJ 07901
Property in Union
Sold Aug 19, 2021
$1,750,000
$1,400,000 by Jpmorgan Chase Bank Na
Mortgage Due Sep 01, 2051
Sold Jan 18, 2018
$1,070,700
$972,334 by Ability Insurance Co
Mortgage
51 Pine Grove Avenue in Summit, NJ was first built in 1907 and is 117 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. 51 Pine Grove Avenue has 2,987 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 960 ft and the linear feet between the front and back of the lot is 1,910. In total, the area measurement of the land is 18,334 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, 51 Pine Grove Avenue sold most recently in Aug 16, 2021 for a total of $1,750,000. If you work out the math, that's approximately a cost of $585.87 per sqft. Before that, the property was also sold for $1,070,700 in Oct 20, 2017. 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 $24,616 in taxes each year. 51 Pine Grove Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $568,900. If we break it down further, the land itself was valued at $244,200. Improvements to the property, however, were assessed at a total of $324,700. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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: 1907
  • Effective Year Built: 1907
  • 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: 18,334
  • Lot Size Depth Feet: 1,910
  • Lot Size Frontage Feet: 960
  • Total Building Area: 2,987
  • Building Area: 2,987
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,987
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.421
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : NG CARSON
  • Current Owner 2: NG TIFFANIE
  • Previous Owner : DOMINGO GARY
  • Previous Owner 2: WONG SHARON
  • Owner Before Previous Owner: EVERBANK
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Summit City School District
  • Census Tract: 037900

Zoning

  • Zoning: R10

Geography

  • Assessors Map Reference: TAX MAP 28
  • District: 18
  • Parcel: 18 02806-0000-00002
  • Block: 2806
  • Lot: 2
  • Municipality: SUMMIT CITY
  • Latitude: 40.7101
  • Longitude: -74.3727

    Address

  • Full Address: 51 Pine Grove Ave
  • Address - House Number: 51
  • Address - Street Name: Pine Grove
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Summit
  • Carrier Code: C022
  • 4-Digit Zip Code: 2435
  • Zip Code: 07901

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $24,616

    Appraisal Valuation

  • Standard Deviation: 0.2137
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 1,506,469
  • High Value: 1,828,431
  • Low Value: 1,184,507

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,400,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Aug 19, 2021
  • First Open Lien Mortgage Loan Amount: $1,400,000
  • 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: $568,900
  • Market Land Value: $244,200
  • Market Improvement Value: $324,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $568,900
  • Assessed Land Value: $244,200
  • Assessed Improvements Value: $324,700

    Sales

  • Current Sale Contract Date: Aug 16, 2021
  • Current Sale Recording Date: Aug 19, 2021
  • Current Sale Transaction ID: 11852685482
  • Current Sale Price: $1,750,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 8393
  • Previous Sale Recording Date: Jan 18, 2018
  • Previous Sale Contract Date: Oct 20, 2017
  • Previous Sale Amount: $1,070,700
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Aug 19, 2021
  • First Mortgage Loan Amount: $1,400,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: ABILITY INSURANCE CO
  • Previous Mortgage Transaction Date: Jan 18, 2018
  • Previous Mortgage Loan Amount: $972,334
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Building or Construction Loan

About Summit



Similar Buildings

Property at 51 Pine Grove Avenue,

2 Linda Lane

  • 1 Unit for Sale
  • 1 Story
2 Linda Lane, Summit, NJ 07901
Property at 51 Pine Grove Avenue,

59 New England Avenue

  • 4 Units for Sale
  • 2 Stories
59 New England Avenue, Summit, NJ 07901
Property at 51 Pine Grove Avenue,

67 New England Avenue

  • 1 Unit for Sale
67 New England Avenue, Summit, NJ 07901
Property at 51 Pine Grove Avenue,

90 Kent Place Boulevard

  • 1 Unit for Sale
  • 2 Stories
90 Kent Place Boulevard, Summit, NJ 07901
Property at 51 Pine Grove Avenue,

126 West End Avenue

  • 1 Unit for Sale
  • 2 Stories
126 West End Avenue, Summit, NJ 07901
Property at 51 Pine Grove Avenue,

149 Passaic Avenue

  • 1 Unit for Sale
  • 2 Stories
149 Passaic Avenue, Summit, NJ 07901

Nearby Rentals

Unit for rent at 10 Harding St, Chatham Boro, NJ, 07928-2502

$3,400 /mo

  • 4 Beds
  • 1.5 Baths
10 Harding St, Chatham Boro, NJ, 07928-2502 Listing by ANDREW WALKER

Frequently Asked Questions

What neighborhood is 51 Pine Grove Avenue located in?
The 51 Pine Grove Avenue is a located in the neighborhood of Union in Summit, Summit.
What is the average sales price for listings in 51 Pine Grove Avenue?
The average sales price for units in 51 Pine Grove Avenue is $0 currently.

Quantcast