7 Cedar St Summit, NJ 07901-2574
Property profile & analytics
7 Cedar St, Summit, NJ 07901-2574
- Office buildings
- 6,858 SF
- 0.15 lot acres
Property ID
US59-1060322
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Advanced Dental Labs / Dental Office
- Dr. Philip S. Cohen, DMD / Dental Office / Physician
- 4a Realty LLC / Property Management Company
- Richard Fernandez - State Farm Insurance Agent / Insurance Agency
- Eric Bernstein / Dental Office / Physician
Property Details for 7 Cedar St
- Year built
- 1975
- Lot size
- 0.15 lot acres
- Zone code
- B
- Property type
- Office buildings
- APN
- 18 02706-0000-00004
- APU
- 1802706000000004
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| May 24, 2019 | $1,550,000 | City Of Summit | Albar Realty LLC | Grant Deed | — |
| Oct 26, 2015 | — | Albar Realty LLC | Moore,leonard R & Anne S | Grant Deed · related | — |
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,865,000
- 6.5%
- $1,720,000
- 7%
- $1,600,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,636,000
- AI Estimate
- $1,192,000
Market price range: $1.02M - $2.01MMarket price range: $528k - $1.69M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $1,395,000 Current use
- INDUSTRIAL (GENERAL)
- $1,185,000 Change: -15% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Summit
- County
- Union
- State
- New Jersey
- Longitude
- -74.3608
- Latitude
- 40.7159
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$29,030
$250,900
$426,900
$677,800
-
$250,900
$426,900
$677,800
