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870 Summit Avenue

870 Summit Avenue, River Edge, NJ 07661
Property in Bergen
Sold Jun 27, 2022
$680,000
$544,000 by Finance Of America Mortgage Ll
Mortgage Due Apr 01, 2052
Sold Jun 12, 2006
$183,000
870 Summit Avenue in River Edge, NJ was first built in 1927 and is 97 years old. This has been categorized as a residential property type. 870 Summit Avenue has 2,146 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 1,120 ft and the linear feet between the front and back of the lot is 1,880. In total, the area measurement of the land is 21,057 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 other control joints. The exterior walls of the home are made of stucco. 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, 870 Summit Avenue was last sold in Mar 9, 2022 for $680,000. According to our calculations, that's $316.87 per sqft. Prior to that sales transaction, the property was sold for $183,000 in Jun 12, 2006. Current property owners are expected to pay $15,725 in taxes per year. The property on 870 Summit Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $425,000. To break that down further, the land itself was valued at $296,000. While improvements to the property were assessed at a total of $129,000. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1927
  • Effective Year Built: 1927
  • Bedroom Count: 0
  • Construction Type: Other
  • Exterior Walls Type: Stucco
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 21,057
  • Lot Size Depth Feet: 1,880
  • Lot Size Frontage Feet: 1,120
  • Total Building Area: 2,146
  • Building Area: 2,146
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,146
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.483
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : LENG EZRA
  • Current Owner 2: LENG JANICE
  • Previous Owner : DANISHA DEVOR-MACKESY
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: River Dell Regional School District
  • Census Tract: 048100

Zoning

  • Zoning: R1

Geography

  • Account Number: 004640
  • District: 52
  • Parcel: 52 00206-0000-00022
  • Block: 206
  • Lot: 22
  • Municipality: RIVEREDGE BORO
  • Latitude: 40.9391
  • Longitude: -74.032

    Address

  • Full Address: 870 Summit Ave
  • Address - House Number: 870
  • Address - Street Name: Summit
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: River Edge
  • Carrier Code: C001
  • 4-Digit Zip Code: 2357
  • Zip Code: 07661

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $15,725

    Appraisal Valuation

  • Standard Deviation: 0.198
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 73
  • Final Value: 768,943
  • High Value: 921,247
  • Low Value: 616,638

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $544,000
  • First Open Lien Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Open Lien Mortgage Recording Date: Jun 27, 2022
  • First Open Lien Mortgage Loan Amount: $544,000
  • 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: Apr 01, 2052

    Market Valuation

  • Market Total Value: $425,000
  • Market Land Value: $296,000
  • Market Improvement Value: $129,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $425,000
  • Assessed Land Value: $296,000
  • Assessed Improvements Value: $129,000

    Sales

  • Current Sale Contract Date: Mar 09, 2022
  • Current Sale Recording Date: Jun 27, 2022
  • Current Sale Transaction ID: 11893636328
  • Current Sale Price: $680,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 64445
  • Previous Sale Recording Date: Jun 12, 2006
  • Previous Sale Contract Date: Jun 12, 2006
  • Previous Sale Amount: $183,000
  • Previous Sale Document Type: Quit Claim Deed

    Last Sale Mortgage

  • First Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Mortgage Transaction Date: Jun 27, 2022
  • First Mortgage Loan Amount: $544,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2052

About River Edge



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Frequently Asked Questions

What neighborhood is 870 Summit Avenue located in?
The 870 Summit Avenue is a located in the neighborhood of Bergen in River Edge, River Edge.
What is the average sales price for listings in 870 Summit Avenue?
The average sales price for units in 870 Summit Avenue is $0 currently.

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