$2,500,000
SOLD SEP 1, 2023

10 Templar Way Summit, NJ 07901

5 Beds
5 Baths
3,060 Sq Ft
0.39 Acres

Recently Sold

$817 Per Sq Ft

About This Home

As of September 2023

This home is located at 10 Templar Way, Summit, NJ 07901 and is currently priced at $2,500,000, approximately $816 per square foot. This property was built in 1932. 10 Templar Way 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.

Last Agent to Sell the Property

Deborah Lupton

PROMINENT PROPERTIES SIR Brokerage Phone: 908-273-8808

PROMINENT PROPERTIES SIR

Last Buyer's Agent

JILL BRAY

PROMINENT PROPERTIES SIR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,115

Year Built

  • 1932

Lot Details

  • 0.39 Acre Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,115

Year Built

1932

Lot Details

0

Listing Details

  • County Name: Union
  • Street Number Display: 10
  • I D: 5242462
  • Modified: 2024-09-02
  • Attribution Contact: 908-273-8808
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1932

Interior Features

  • Bedrooms: 5
  • Bathrooms: 4.20

Lot Info

  • Lot Size: 111X152
  • Total Acres: 0.39

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2023
Closed on
Aug 10, 2023
Sold by
Riley Brian A and Riley Philippa M
Bought by
Mcgowan Chris and Mcgowan Susan
Seller's Agent
Deborah Lupton
PROMINENT PROPERTIES SIR
Buyer's Agent
JILL BRAY
PROMINENT PROPERTIES SIR
List Price
$2,500,000
Sold Price
$2,500,000
Total Days on Market
0
Current Estimated Value
$2,734,656

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,656
Avg. Annual Appreciation
5.42%
Original Mortgage
$1,250,000
Outstanding Balance
$1,232,238
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$1,505,249

Purchase Details

Listed on
Sep 21, 2016
Closed on
Apr 6, 2017
Sold by
Carpenter Kenneth and Carpenter Sabra
Bought by
Riley Brian A and Riley Phillippa M
Seller's Agent
Kim Cannon
PROMINENT PROPERTIES SIR
Buyer's Agent
Deborah Lupton
PROMINENT PROPERTIES SIR
List Price
$1,749,000
Sold Price
$1,675,000
Premium/Discount to List
-$74,000
-4.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.45%
Original Mortgage
$1,088,750
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2010
Sold by
Parker Nilsen Building Investment Llc
Bought by
Carpenter Kenneth and Carpenter Sabra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,250,000
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 10, 2006
Sold by
Thole Charles P
Bought by
Parker Nilsen Building Investm

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,550,000
Interest Rate
6.15%
Mortgage Type
Construction

Map

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 Type Sale Price Title Company
Bargain Sale Deed $2,500,000 Old Republic Title
Deed $1,675,000 None Available
Bargain Sale Deed $1,678,500 None Available
Deed $1,229,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,250,000 New Conventional
Previous Owner $1,088,750 New Conventional
Previous Owner $1,295,000 No Value Available
Previous Owner $260,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,250,000 New Conventional
Previous Owner $1,550,000 Construction
Previous Owner $100,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2023 09/01/23 Sold $2,500,000 0.0% $817 / Sq Ft
09/01/2023 09/01/23 For Sale $2,500,000 +49.3% $817 / Sq Ft
04/07/2017 04/07/17 Sold $1,675,000 -4.2% $547 / Sq Ft
12/20/2016 12/20/16 Pending -- -- --
09/21/2016 09/21/16 For Sale $1,749,000 -- $572 / Sq Ft
Source: Garden State MLS

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
2024 $32,115 $742,200 $221,800 $520,400
2023 $32,115 $742,200 $221,800 $520,400
2022 $31,788 $742,200 $221,800 $520,400
2021 $32,041 $742,200 $221,800 $520,400
2020 $32,360 $742,200 $221,800 $520,400
2019 $32,397 $742,200 $221,800 $520,400
2018 $32,189 $742,200 $221,800 $520,400
2017 $32,397 $742,200 $221,800 $520,400
2016 $31,922 $742,200 $221,800 $520,400
2015 $31,299 $742,200 $221,800 $520,400
2014 $30,490 $742,200 $221,800 $520,400
Source: Public Records

Source: Garden State MLS

MLS Number: 3863216

Garden State MLS

APN: 18-02403-0000-00017

New Jersey Union County Summit 07901

10 Templar Way, Summit, NJ

Homes for Sale in Summit, NJ

This home is located at 10 Templar Way, Summit, NJ 07901 and is currently priced at $2,500,000, approximately $816 per square foot. This property was built in 1932. 10 Templar Way 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.

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