$2,835,000
SOLD APR 22, 2025

101 Prospect St Summit, NJ 07901

5 Beds
5 Baths
7,112 Sq Ft
0.41 Acres

Recently Sold

$399 Per Sq Ft

5% Above List Price

10 Days on Market

About This Home

As of April 2025

This home is located at 101 Prospect St, Summit, NJ 07901 and is currently priced at $2,835,000, approximately $398 per square foot. 101 Prospect St is a home located in Union County with nearby schools including L C Johnson Summit Middle School, Summit Sr High School, and Oak Knoll School of the Holy Child.

Last Agent to Sell the Property

Scott Shuman

KELLER WILLIAMS REALTY Brokerage Phone: 908-273-2991 Listed on: 01/29/2025

KELLER WILLIAMS REALTY

Last Buyer's Agent

ERIK J. GOLDFARB

EXP REALTY, LLC

Home Details

Home Type

  • Single Family

Lot Details

  • 0.41 Acre Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • County Name: Union
  • I D: 5334728
  • Attribution Contact: 908-273-2991
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 4.10

Lot Info

  • Lot Size: .406
  • Total Acres: 0.41

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2025
Closed on
Apr 18, 2025
Sold by
Goldstein Eric and Goldstein Alvina
Bought by
Moore Thomas and Moore Courtney
Seller's Agent
Scott Shuman
KELLER WILLIAMS REALTY
Buyer's Agent
ERIK J. GOLDFARB
EXP REALTY, LLC
List Price
$2,700,000
Sold Price
$2,835,000
Premium/Discount to List
$135,000
5%
Views
42
Current Estimated Value
$2,996,608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,608
Avg. Annual Appreciation
7.57%
Original Mortgage
$1,500,000
Outstanding Balance
$1,490,711
Interest Rate
4.88%
Mortgage Type
New Conventional
Estimated Equity
$1,505,897

Purchase Details

Listed on
Mar 7, 2016
Closed on
Jun 16, 2016
Sold by
Heim John G
Bought by
Goldstein Eric and Goldstein Alvina
Seller's Agent
ROSEMARY M DANGLER
PROMINENT PROPERTIES SIR
Buyer's Agent
SUSAN ADLER
KELLER WILLIAMS REALTY
List Price
$1,695,000
Sold Price
$1,536,000
Premium/Discount to List
-$159,000
-9.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.17%

Purchase Details

Closed on
Aug 3, 2007
Sold by
Heim John G and Heim Janice L
Bought by
Heim John G and Heim Janice L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Deed $2,835,000 Kelly Title
Deed $2,835,000 Kelly Title
Deed $1,536,000 --
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,500,000 New Conventional
Closed $1,500,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/22/2025 04/22/25 Sold $2,835,000 +5.0% $399 / Sq Ft
02/08/2025 02/08/25 Pending -- -- --
01/29/2025 01/29/25 For Sale $2,700,000 +75.8% $380 / Sq Ft
06/16/2016 06/16/16 Sold $1,536,000 -9.4% $216 / Sq Ft View Prior Sale
04/29/2016 04/29/16 Pending -- -- --
03/07/2016 03/07/16 For Sale $1,695,000 -- $238 / 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
2025 $36,590 $840,000 $241,200 $598,800
2024 $32,859 $840,000 $241,200 $598,800
2023 $32,859 $759,400 $241,200 $518,200
2022 $32,525 $759,400 $241,200 $518,200
2021 $32,783 $759,400 $241,200 $518,200
2020 $30,520 $700,000 $241,200 $458,800
2019 $30,555 $700,000 $241,200 $458,800
2018 $33,629 $775,400 $241,200 $534,200
2017 $33,846 $775,400 $241,200 $534,200
2016 $33,350 $775,400 $241,200 $534,200
2015 $32,699 $775,400 $241,200 $534,200
2014 $31,853 $775,400 $241,200 $534,200
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2025

    Scott Shuman

    KELLER WILLIAMS REALTY

    (862) 812-3237

    34 in this area

    479 Total Sales

    Scott Shuman
    Section Image

  • E

    Buyer's Agent in 2025

    ERIK J. GOLDFARB

    EXP REALTY, LLC

  • R

    Seller's Agent in 2016

    ROSEMARY M DANGLER

    PROMINENT PROPERTIES SIR

  • W

    Seller Co-Listing Agent in 2016

    WINIFRED CAVAZINI

    PROMINENT PROPERTIES SIR

  • S

    Buyer's Agent in 2016

    SUSAN ADLER

    KELLER WILLIAMS REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3943550

Garden State MLS

APN: 18-02803-0000-00031

New Jersey Union County Summit 07901

101 Prospect St, Summit, NJ

Sold

Detached

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