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7 Fay Place, Summit, NJ 07901

7 Fay Place, Summit, NJ 07901

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  • Tax
  • Neighborhood
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Address

Primary address 7 Fay Place, Summit
Zip code 07901
County Union
Municipality Summit City
Block 301
Lot 2

Sales & Tax Overview for 7 Fay Place, Summit

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Sale date 08/01/2003
Sale price $405,000
Arm's length
Property tax $20,130

Lot & Building Information for 7 Fay Place, Summit

Building sqft 3,556
Building class Residential (2)
Acreage 0.274
Year built 2005
Stories 2
Exterior structural material

Zoning, Use & Area Overview

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Zoning district Single Family Residential (R-10)
Broadband internet providers and speed map
Types of broadband connections map
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Other Property Data for 7 Fay Place, Summit

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  • • Improvements for 7 Fay Place, Summit , including their type, square footage, grade and when they were built.
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About 7 Fay Place, Summit

What is the year built & the total sq. ft. for 7 Fay Place, Summit, NJ 07901?

7 Fay Place, Summit, NJ 07901 was built in 2005 and has a total of 3,556 square feet.

What is the assessed value of 7 Fay Place, Summit, NJ 07901 and the property tax paid?

Assessed at $470,000, the tax amount paid for 7 Fay Place, Summit, NJ 07901 is $20,130.

When was 7 Fay Place, Summit, NJ 07901 last sold and what was the last sale price?

7 Fay Place, Summit, NJ 07901 was last sold in 08/01/2003 for $405,000.

Ownership Information

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Real Estate Reports:
Eliza Theiss, Apr 04, 2024 2024 Q1 Foreclosure Report: NYC Cases Exceed Half of Pre-Pandemic Figures, Queens & Brooklyn Supply 76% of Citywide Caseload
As foreclosure cases continued to tick up in Q1, Queens and Brooklyn supplied the bulk of the city’s caseload, while Manhattan figures started to dip.
Eliza Theiss, Mar 21, 2024 A Guide to Recent Changes to the Property Condition Disclosure Act for Purchasers and Sellers of Residential Real Property
While the original PCDA addressed various property concerns, legislatures deemed updates necessary to increase consumer protection.

Past Sales & Property History for 7 Fay Place, Summit

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Sale date Sale price Buyer name Seller name
08/01/2003 $405,000

Title Documents for 7 Fay Place, Summit

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Date Type Amount Party 1 Party 2 Maturity Index Document Related documents Doc image
07/30/2021 - D
08/19/2021 - R
Mortgage 08/03/2046
12/02/2019 - D
12/13/2019 - R
Mortgage 01/01/2050
08/01/2003 - D Deed and realty tax fees
                   
                   
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R: Recorded date
D: Document date

Property Taxes for 7 Fay Place, Summit

Access detailed property tax data for 7 Fay Place, Summit, NJ 07901. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2023
Property tax $20,130
Land value $146,000
Building value $324,000
Market value $470,000

Assessment History for 7 Fay Place, Summit

Here's the assessment & property tax history for 7 Fay Place, Summit, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessment value Total tax rate Property tax Year over year change
2022 $470,000 $470,000 4.283 $20,130 -0.79%
2021 $470,000 $470,000 4.317 $20,290 -0.99%
2020 $470,000 $470,000 4.36 $20,492 -0.11%
2019 $470,000 $470,000 4.365 $20,516 +0.65%
2018 $470,000 $470,000 4.337 $20,384 -0.64%

Risk

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FEMA flood zone(s) X (See more on map)
Fire hazard zone See more on map
Geohazard zones map

Transportation

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Schools

Nearest elementary schools

Name Rating Type Grade range No of students Distance to school (mi)
Washington Elementary School 7 Public 1-5 346 0.46
Sprout House NR Private PK-K 58 0.80
Sprout House NR Private PK-K 58 0.80
Kent Place School NR Private PK-12 621 0.84
Kent Place School NR Private PK-12 621 0.84

Nearest middle schools

Name Rating Type Grade range No of students Distance to school (mi)
Oratory Preparatory School NR Private 7-12 373 0.59
Kent Place School NR Private PK-12 621 0.84
Eclc Of New Jersey NR Private 1-12 177 0.98
St. Patrick School NR Private PK, K-8 269 1.10
L C Johnson Summit Middle School 7 Public 6-8 942 1.43

Nearest high schools

Name Rating Type Grade range No of students Distance to school (mi)
Oratory Preparatory School NR Private 7-12 373 0.59
Summit Sr High School 7 Public 9-12 1,169 0.84
Kent Place School NR Private PK-12 621 0.84
Eclc Of New Jersey NR Private 1-12 177 0.98
Oak Knoll School of the Holy Child NR Private K-12 504 1.49

Neighbors for 7 Fay Place, Summit

Here are the neighbors for 7 Fay Place, Summit.

Address Square feet Purchase date Purchase price
11 Fay Pl, Summit 2,692 07/30/2012 $1,065,000
77 Canoe Brook Pkwy, Summit 3,664 04/11/2019 $650,000
21 Chatham Rd, Summit 5,350 12/24/1998
109 River Rd, Summit 1,516 09/28/2006 $430,000
55 Chatham Rd, Summit
41 Chatham Rd, Summit 05/10/2019 $1
25 Chatham Rd, Summit 12,061 11/20/2014 $680,000
15 Fay Pl, Summit 1,423 06/24/2010 $550,000
69 Chatham Rd, Summit
9 Fay Pl, Summit 2,829 08/21/2020 $1,425,000
115 River Rd, Summit 1,563 10/12/2023 $615,000
43 Chatham Rd, Summit 05/10/2019 $1
45 Chatham Rd, Summit
31 Chatham Rd, Summit 13,101 04/30/2003 $915,000
31 Fay Pl, Summit 1,941 04/21/1994 $214,000
19 Fay Pl, Summit 1,379
21 Fay Pl, Summit 1,525 04/28/2002 $410,000
25 Fay Pl, Summit 1,449 12/13/1998 $280,300
19 Chatham Rd, Summit 6,100 05/13/2004 $725,000
29 Fay Pl, Summit 2,712 11/23/2021 $1,399,000
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