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56 Ashwood Avenue

56 Ashwood Avenue, Summit, NJ 07901
Property in Union
Sold May 03, 2000
$181,000
$174,000 by Peapack Gladstone Bank
Mortgage Due Sep 01, 2035
56 Ashwood Avenue in Summit, NJ was first built in 1903 and is 121 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. 56 Ashwood Avenue has 1,430 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. In total, the area measurement of the land is 2,570 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, 56 Ashwood Avenue was last sold in Jan 16, 2000 for $181,000. According to our calculations, that's $126.57 per sqft. Current property owners are expected to pay $7,191 in taxes per year. The property on 56 Ashwood Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $166,200. To break that down further, the land itself was valued at $86,100. While improvements to the property were assessed at a total of $80,100. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1903
  • Effective Year Built: 1903
  • Bedroom Count: 0
  • Construction Type: Frame
  • Building Style: Cape Cod
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,570
  • Total Building Area: 1,430
  • Building Area: 1,430
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,430
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.059
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : MCNAMARA MARIE
  • Previous Owner : HART D MICHAEL
  • Previous Owner 2: HART EILEEN B
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R5

Geography

  • Assessors Map Reference: TAX MAP 42
  • District: 18
  • Parcel: 18 04210-0000-00008
  • Block: 4210
  • Lot: 8
  • Municipality: SUMMIT CITY
  • Latitude: 40.7091
  • Longitude: -74.3493

    Address

  • Full Address: 56 Ashwood Ave
  • Address - House Number: 56
  • Address - Street Name: Ashwood
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Summit
  • Carrier Code: C011
  • 4-Digit Zip Code: 3842
  • Zip Code: 07901

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,191

    Appraisal Valuation

  • Standard Deviation: 0.191
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 691,244
  • High Value: 823,278
  • Low Value: 559,209

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $174,000
  • First Open Lien Mortgage Lender: PEAPACK GLADSTONE BANK
  • First Open Lien Mortgage Recording Date: Sep 08, 2021
  • First Open Lien Mortgage Loan Amount: $174,000
  • First Open Lien Mortgage Term: 167
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2035

    Market Valuation

  • Market Total Value: $166,200
  • Market Land Value: $86,100
  • Market Improvement Value: $80,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $166,200
  • Assessed Land Value: $86,100
  • Assessed Improvements Value: $80,100

    Sales

  • Current Sale Contract Date: Jan 16, 2000
  • Current Sale Recording Date: May 03, 2000
  • Current Sale Transaction ID: 1192897676
  • Current Sale Price: $181,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 79695

    Last Sale Mortgage

  • First Mortgage Lender: NORWEST MTG
  • First Mortgage Transaction Date: May 03, 2000
  • First Mortgage Loan Amount: $171,950
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: May 01, 2030

About Summit



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Frequently Asked Questions

What neighborhood is 56 Ashwood Avenue located in?
The 56 Ashwood Avenue is a located in the neighborhood of Union in Summit, Summit.
What is the average sales price for listings in 56 Ashwood Avenue?
The average sales price for units in 56 Ashwood Avenue is $0 currently.

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