NOT LISTED FOR SALE

100 Fernwood Rd Summit, NJ 07901

Estimated Value: $2,911,032 - $3,496,000

5 Beds
5 Baths
-- Sq Ft
0.38 Acres

Last Sold July 11, 2023

Last sale price $2,615,625

Est. 21% increase in value since last sale

Current estimated payment $20,218/month

39 Days on Market

About This Home

As of July 2023

This home is located at 100 Fernwood Rd, Summit, NJ 07901 since 27 April 2023 and is currently estimated at $3,164,677. 100 Fernwood Rd 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

Zander Oldendorp

COMPASS NEW JERSEY, LLC Brokerage Phone: 973-310-6816 Listed on: 04/27/2023

COMPASS NEW JERSEY, LLC

Last Buyer's Agent

MARCI ROBINSON

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,290

Lot Details

  • 0.38

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,290

Lot Details

0

Listing Details

  • County Name: Union
  • Street Number Display: 100
  • I D: 5215162
  • Modified: 2024-07-12
  • Number Images: 1
  • Attribution Contact: 973-310-6816
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 4.10

Lot Info

  • Lot Size: 100X166

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2023
Closed on
Jun 30, 2023
Sold by
Peto Benjamin and Peto Kerri
Bought by
Milhalter Guy and Cassidy Julia
Seller's Agent
Zander Oldendorp
COMPASS NEW JERSEY, LLC
Buyer's Agent
MARCI ROBINSON
COLDWELL BANKER REALTY
List Price
$2,750,000
Sold Price
$2,615,625
Premium/Discount to List
-$134,375
-4.89%
Views
187
Current Estimated Value
$3,164,677

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$549,052
Avg. Annual Appreciation
9.18%
Original Mortgage
$2,092,500
Outstanding Balance
$2,042,583
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$1,122,094

Purchase Details

Listed on
Jun 15, 2012
Closed on
Jun 12, 2012
Sold by
Franzen Polly E Coassin and Franzen Jason C
Bought by
Peto Benjamin and Peto Kerri
Seller's Agent
ROSEMARY M DANGLER
PROMINENT PROPERTIES SIR
Sold Price
$2,000,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.45%
Original Mortgage
$625,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 10, 2009
Sold by
Bn Building Investment Llc
Bought by
Coassin Polly E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,390,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 13, 2006
Sold by
Benjamin Ari H
Bought by
Bn Building Investment Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,750,000
Interest Rate
6.54%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 27, 1998
Sold by
Lipper A Michael and Lipper Ruth C
Bought by
Benjamin Ari H and Benjamin Lauren B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
6.64%
Source: Public Records

Range of Values:

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ICE

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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
Milhalter Guy $2,615,625 Chicago Title
Peto Benjamin $2,000,000 None Available
Coassin Polly E $1,853,000 Stewart Title Guaranty Co
Bn Building Investment Llc $1,120,000 --
Benjamin Ari H $490,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Milhalter Guy $2,092,500
Previous Owner Peto Benjamin $999,999
Previous Owner Peto Benjamin $191,373
Previous Owner Peto Benjamin $625,000
Previous Owner Coassin Polly E $1,390,000
Previous Owner Bn Euilding Investment Llc $1,750,000
Previous Owner Bn Building Investment Llc $1,750,000
Previous Owner Benjamin Ari H $77,000
Previous Owner Benjamin Ari H $35,000
Previous Owner Benjamin Ari H $392,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2023 07/11/23 Sold $2,615,625 -4.9% --
04/27/2023 04/27/23 For Sale $2,750,000 +37.5% --
06/15/2012 06/15/12 Sold $2,000,000 -- --
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
2024 $37,290 $861,800 $202,900 $658,900
2023 $37,290 $861,800 $202,900 $658,900
2022 $36,911 $861,800 $202,900 $658,900
2021 $37,204 $861,800 $202,900 $658,900
2020 $37,574 $861,800 $202,900 $658,900
2019 $37,618 $861,800 $202,900 $658,900
2018 $37,376 $861,800 $202,900 $658,900
2017 $37,618 $861,800 $202,900 $658,900
2016 $37,066 $861,800 $202,900 $658,900
2015 $36,342 $861,800 $202,900 $658,900
2014 $35,403 $861,800 $202,900 $658,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3840636

Garden State MLS

APN: 18-02105-0000-00033