NOT LISTED FOR SALE

11 Fernwood Rd Summit, NJ 07901

Estimated Value: $2,899,000 - $3,064,000

-- Bed
-- Bath
3,778 Sq Ft
$792/Sq Ft Est. Value

About This Home

This home is located at 11 Fernwood Rd, Summit, NJ 07901 and is currently estimated at $2,992,600, approximately $792 per square foot. 11 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 27, 2023
Sold by
Richter Monica and Richter Wolfgang
Bought by
Mrwg Family Trust
Current Estimated Value
$2,992,600

Purchase Details

Closed on
Jun 17, 2011
Sold by
Sanborn Mark W and Sanborn Kristin L
Bought by
Richter Monica and Guenther Wolfgang

Purchase Details

Closed on
Aug 18, 2008
Sold by
Kenney John M and Kenney Lizanne
Bought by
Sanborn Mark W and Sanborn Kristin L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 21, 1996
Sold by
Coyer Barbara B and Biglow Ernest C
Bought by
Kenney John M and Kenney Lizanne T

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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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
Mrwg Family Trust -- None Listed On Document
Richter Monica $2,750,000 None Available
Sanborn Mark W $2,795,000 None Available
Kenney John M $575,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sanborn Mark W $1,000,000
Previous Owner Kenney John M $750,000
Source: Public Records

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 $37,961 $877,300 $326,000 $551,300
2023 $37,961 $877,300 $326,000 $551,300
2022 $37,575 $877,300 $326,000 $551,300
2021 $37,873 $877,300 $326,000 $551,300
2020 $38,250 $877,300 $326,000 $551,300
2019 $38,294 $877,300 $326,000 $551,300
2018 $38,049 $877,300 $326,000 $551,300
2017 $38,294 $877,300 $326,000 $551,300
2016 $37,733 $877,300 $326,000 $551,300
2015 $36,996 $877,300 $326,000 $551,300
2014 $36,039 $877,300 $326,000 $551,300
Source: Public Records

Map

New Jersey Union County Summit 07901

11 Fernwood Rd, Summit, NJ

Homes for Sale in Summit, NJ

This home is located at 11 Fernwood Rd, Summit, NJ 07901 and is currently estimated at $2,992,600, approximately $792 per square foot. 11 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.

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