1 Edgewood Dr Summit, NJ 07901
Estimated Value: $2,224,000 - $2,919,000
--
Bed
--
Bath
3,059
Sq Ft
$827/Sq Ft
Est. Value
About This Home
This home is located at 1 Edgewood Dr, Summit, NJ 07901 and is currently estimated at $2,529,568, approximately $826 per square foot. 1 Edgewood Dr is a home located in Union County with nearby schools including L C Johnson Summit Middle School, Summit Sr High School, and Kent Place School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 20, 2010
Sold by
Colangelo John N and Colangelo June
Bought by
Markels John Hayes and Markels Rosalinda Vasquez
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$489,000
Outstanding Balance
$396,466
Interest Rate
4.63%
Mortgage Type
Credit Line Revolving
Estimated Equity
$2,133,102
Purchase Details
Closed on
Sep 16, 1996
Sold by
Barletta Alice S
Bought by
Colangelo John N and Colangelo June
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Markels John Hayes | $1,625,000 | None Available | |
| Colangelo John N | $123,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Markels John Hayes | $489,000 | |
| Open | Markels John Hayes | $729,750 |
Source: Public Records
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $31,167 | $739,100 | $411,400 | $327,700 |
| 2024 | $30,960 | $715,500 | $411,400 | $304,100 |
| 2023 | $30,960 | $715,500 | $411,400 | $304,100 |
| 2022 | $30,645 | $715,500 | $411,400 | $304,100 |
| 2021 | $30,888 | $715,500 | $411,400 | $304,100 |
| 2020 | $31,196 | $715,500 | $411,400 | $304,100 |
| 2019 | $31,232 | $715,500 | $411,400 | $304,100 |
| 2018 | $31,031 | $715,500 | $411,400 | $304,100 |
| 2017 | $31,232 | $715,500 | $411,400 | $304,100 |
| 2016 | $30,774 | $715,500 | $411,400 | $304,100 |
| 2015 | $30,173 | $715,500 | $411,400 | $304,100 |
| 2014 | $29,393 | $715,500 | $411,400 | $304,100 |
Source: Public Records
Map
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