NOT LISTED FOR SALE

10 Passaic Ave Summit, NJ 07901

Estimated Value: $839,089 - $1,185,000

4 Beds
2 Baths
1,512 Sq Ft
$680/Sq Ft Est. Value

Last Sold November 29, 2018

Last sale price $655,000 $433 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $6,398/month

12 Days on Market

Highlights

  • Colonial Architecture
  • 2-minute walk to New Providence
  • Wood Flooring
  • L C Johnson Summit Middle School Rated A+
  • Recreation Room
  • High Ceiling

About This Home

As of November 2018

A commuter's dream, just one block from the train to NYC this classic Franklin School Center Hall Colonial is packed with charm. Enter through the solid wood door flanked by beautifully detailed leaded glass into the spacious foyer with its elegant wainscoting. The Living Room is anchored by a stunning gas fireplace & has French doors leading to the Patio & play area. The Dining Room includes an original custom corner cabinet & leads to the Kitchen with white cabinets, black granite counters and stainless steel appliance. The 2nd floor contains three bright, airy bedrooms & a full bath. A 4th bedroom can be found on the 3rd floor. The walk-out lower level has a bright recreation room, a full bath, the Laundry Room & an Office. This home was recently painted, & has new windows & Central Air Conditioning.

Last Agent to Sell the Property

JILL BRAY

PROMINENT PROPERTIES SIR Listed on: 09/14/2018

Last Buyer's Agent

Peter Loeser

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,345

Lot Details

  • 9,583

Parking

  • 3 Parking Spaces

Home Design

  • Colonial Architecture
  • Slate Roof
  • Wood Siding
  • Clapboard
  • Tile

Interior Spaces

  • High Ceiling
  • Gas Fireplace
  • Thermal Windows
  • Blinds
  • Entrance Foyer
  • Living Room
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Utility Room

Kitchen

  • Gas Oven or Range
  • Recirculated Exhaust Fan

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Home Security

  • Storm Windows
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Schools

  • Franklin Elementary School
  • Summit Middle School
  • Summit High School

Utilities

  • Central Air
  • One Cooling System Mounted To A Wall/Window
  • Radiator
  • Standard Electricity
  • Gas Water Heater

Additional Features

  • Patio
  • 9,583 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 2918-01604-0000-00005-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,345

Lot Details

0

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built Description: Approximate
  • County Name: Union
  • Street Number Display: 10
  • Directions: Springfield or Kent Place Boulevard to Passaic Ave.
  • I D: 4835431
  • Modified: 2021-09-23
  • Number Images: 23
  • First Name: JILL
  • First Name3: PETER
  • Last Name: BRAY
  • Last Name3: LOESER
  • Office Phone3: 908-522-1800
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Gas Fireplace
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Refrigerator, Washer, Kitchen Exhaust Fan, Dryer
  • Interior Amenities: TubShowr, StallShw, Blinds, Fire Extinguisher, Carbon Monoxide Detector, High Ceilings, Smoke Detector
  • Number Rooms: 7
  • Bedrooms: 4
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Third
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Walkout, Finished, Full
  • Basement Level Rooms: Laundry Room, Utility Room, Office, Walkout, Bath(s) Other, Rec Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Kitchen Area: Separate Dining Area
  • Kitchen Dim: 12x11
  • Kitchen Level: First
  • Living Room Dim: 21x13
  • Living Room Level: First
  • Other Room 1: Rec Room
  • Other Room1 Dim: 18x15
  • Other Room1 Level: Basement
  • Other Room 2: Office
  • Other Room2 Dim: 13x8
  • Other Room2 Level: Basement
  • Other Room 3: Foyer
  • Other Room3 Dim: 21x7
  • Other Room3 Level: First
  • Level 1 Rooms: Foyer, Living Room, Dining Room, Kitchen
  • Level 2 Rooms: 3 Bedrooms, Bath Main
  • Level 3 Rooms: 1 Bedroom
  • Phone: 908-273-8808

Exterior Features

  • Exterior Description: Clapboard, Wood
  • Exterior Features: Patio, Storm Window(s), Thermal Windows/Doors
  • Roof Description: Slate

Garage/Parking

  • Number Parking Spaces: 3
  • Parking Driveway Description: 1 Car Width, Blacktop

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Radiators - Steam
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

  • Elementary School: Franklin
  • Middle School: Summit MS
  • High School: Summit HS
  • High School: Summit HS
  • Middle Jr High School: Summit MS

Lot Info

  • Lot Size: 75X130
  • Assessed Improvement Value: 129300
  • Assessed Land Value: 107700
  • Assessment: 237000
  • Easement: Unknown
  • Lot Identifier: 5
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.22

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 10345
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2918-01604-0000-00005-0000-
  • Tax Rate Amount: 4.365
  • Tax Rate Tax: *
  • Tax Rate Year: 2017
  • Tax Year Tax: *
  • Tax Year: 2017

MLS Schools

  • Grade School: Franklin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2018
Closed on
Nov 21, 2018
Sold by
Ross Joseph R and Ross Sarah B
Bought by
Montgomery Kelli
Seller's Agent
JILL BRAY
PROMINENT PROPERTIES SIR
Buyer's Agent
Peter Loeser
COLDWELL BANKER REALTY
List Price
$675,000
Sold Price
$655,000
Premium/Discount to List
-$20,000
-2.96%
Current Estimated Value
$1,028,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$373,272
Avg. Annual Appreciation
6.86%
Original Mortgage
$524,000
Outstanding Balance
$451,382
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$576,890

Purchase Details

Closed on
Nov 22, 2016
Sold by
Neptune Bell Assoc Llc
Bought by
Providence Crossing Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,443
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 10, 2016
Sold by
Providence Crossing Llc
Bought by
Neptune Bel Assoc Llc

Purchase Details

Closed on
Oct 28, 2011
Sold by
Murphy Raymond J and Murphy Joanne L
Bought by
Providence Crossing Llc

Purchase Details

Closed on
Jul 17, 2008
Sold by
Russo Scott A and Nikol Elizabeth A
Bought by
Murphy Raymond J and Murphy Joanne L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,300
Interest Rate
6.57%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 8, 2005
Sold by
Grant Thomas
Bought by
Russo Scott and Russo Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
5.78%

Purchase Details

Closed on
Sep 20, 2001
Sold by
Grant Thomas and Grant Christine
Bought by
Grant Thomas and Grant Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
5.12%

Purchase Details

Closed on
Jul 2, 2001
Sold by
Mennig Scott J and Mennig Michelle S
Bought by
Grant Thomas and Grant Christine

Purchase Details

Closed on
Aug 3, 1999
Sold by
The Jtb Charitable Remainder Annuity Tru
Bought by
Mennig Scott J and Mennig Michelle S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,900
Interest Rate
7.29%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 27, 1997
Sold by
Burgdorff Jean T
Bought by
The Jtb Charitable Remainder Annuity Tr
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Montgomery Kelli $655,000 Chicago Title Co
Providence Crossing Llc -- --
Neptune Bel Assoc Llc -- --
Providence Crossing Llc $506,000 Fidelity Natl Title Ins Co
Murphy Raymond J $610,000 None Available
Russo Scott $602,000 --
Grant Thomas -- Chicago Title Insurance Co
Grant Thomas $410,000 Chicago Title Insurance Co
Mennig Scott J $299,000 Stewart Title Guaranty Compa
The Jtb Charitable Remainder Annuity Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Montgomery Kelli $524,000
Previous Owner Ross Joseph R $508,443
Previous Owner Murphy Raymond J $68,300
Previous Owner Murphy Raymond J $417,000
Previous Owner Russo Scott $450,000
Previous Owner Grant Thomas $328,000
Previous Owner Mennig Scott J $29,900
Previous Owner Mennig Scott J $239,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2018 11/29/18 Sold $655,000 -3.0% $433 / Sq Ft
09/26/2018 09/26/18 Pending -- -- --
09/14/2018 09/14/18 For Sale $675,000 +33.4% $446 / Sq Ft
01/06/2012 01/06/12 Sold $506,000 -- $335 / Sq Ft
Source: Garden State MLS

Tax History Compared to Growth

Source: Public Records

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 $11,025 $253,100 $107,700 $145,400
2024 $10,952 $253,100 $107,700 $145,400
2023 $10,952 $253,100 $107,700 $145,400
2022 $10,840 $253,100 $107,700 $145,400
2021 $10,926 $253,100 $107,700 $145,400
2020 $11,035 $253,100 $107,700 $145,400
2019 $11,048 $253,100 $107,700 $145,400
2018 $10,279 $237,000 $107,700 $129,300
2017 $10,345 $237,000 $107,700 $129,300
2016 $10,193 $237,000 $107,700 $129,300
2015 $9,994 $237,000 $107,700 $129,300
2014 $9,736 $237,000 $107,700 $129,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3501796

Garden State MLS

APN: 18-01604-0000-00005