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Sold for $525,000
  • $525,000

    49 Summit Ave, Garfield, NJ 07026

    4beds
    --sqft
    Multi Family
    Built in ----
    -- sqft lot
    $689,300 Zestimate®
    $--/sqft
    $2,946 Estimated rent

    Home value

    $689,300

    $648,000 - $738,000

    $2,946/mo

    Zestimate® history
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    What's special

    Large full finished atticSeparate gasSeparate entrancesSun porchClose to schoolsOpen eat-in kitchenLaundry room
    This great two-family home is well maintained with separate entrances, separate gas, electric utilities and one water meter. Good for owner occupancy or for an investment property. First floor includes living room, one large bedroom and one small bedroom, open eat-in kitchen and full bath. Second floor includes large living room, one median size bedroom and one small bedroom with one full bath and sun porch. Full finished basement with one full bath and sink, laundry room, utilities room and access to the backyard. Large full finished attic for extra space. This two-family has four bedrooms, three full bathrooms and a large backyard. House located in a very convenient location, close to schools, Route 46, buses 160 and 161 to NYC and a train station nearby 30 minutes to Hoboken. Both tenants live in the house over 5 years, rent increased 5% every year, tenants pay gas and electric, landlord pays water. Both tenants live in the unit over 5 years. Sold as is.

    Zillow last checked:

    Listing updated:

    Listed by:

    Janet Lee 201-739-9572,

    Prominent Properties Sotheby's International Realty-Ridgewood

    Bought with:

    Patricia Elmahdy

    Nicholas Real Estate Agency

    Source: NJMLS,MLS#: 23027443MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Appliances
    • Laundry: In Basement

    Property

    Details
    • Parcel number: 2100084000000011

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family

    Utilities & green energy

    • Utilities for property: Electricity Connected, Natural Gas Connected, Sep Heat

    Community & neighborhood

    Location
    • Region: Garfield

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell

    Price history

    DateEventPrice
    10/31/2023Sold$525,000-9.5%
    Source: NJMLS #23027443 Report a problem
    10/13/2023Pending sale$580,000
    Source: NJMLS #23027443 Report a problem
    9/6/2023Listed for sale$580,000+56.8%
    Source: NJMLS #23027443 Report a problem
    9/27/2017Listing removed$370,000
    Source: Opirhory Realtors #1731624 Report a problem
    8/3/2017Listed for sale$370,000
    Source: Opirhory Realtors #1731624 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,106 $242,900
    2024$8,106 +1.7%$242,900
    2023$7,970 $242,900
    2022-- $242,900
    2021$7,355 +4.2%$242,900
    2020$7,059 +2.3%$242,900
    2019$6,901 $242,900
    2018$6,901 +4.9%$242,900
    2017$6,578 +2.5%$242,900
    2016$6,415 +2.7%$242,900
    2015$6,245 +1.9%$242,900
    2014$6,126 +4.3%$242,900
    2012$5,873 +10.3%$242,900
    2011$5,325 +2.7%$242,900 +91.9%
    2010$5,186 +4.2%$126,600
    2009$4,975 $126,600
    2007-- $126,600
    2006-- $126,600
    2005-- $126,600
    2004-- $126,600
    2003-- $126,600
    2002-- $126,600
    2001-- $126,600

    Find assessor info on the county website

    Neighborhood: 07026

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $689,300
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    Estimated market value
    $689,300