NOT LISTED FOR SALE

11 Gloucester Rd Summit, NJ 07901

Estimated Value: $2,070,000 - $2,366,000

4 Beds
5 Baths
3,542 Sq Ft
$635/Sq Ft Est. Value

Last Sold March 24, 2020

Last sale price $1,355,000 $383 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $14,356/month

6 Days on Market

Highlights

  • Skyline View
  • Colonial Architecture
  • Marble Flooring
  • L C Johnson Summit Middle School Rated A+
  • Recreation Room
  • Attic

About This Home

As of March 2020

Spacious expanded colonial w/ open & versatile floor plan. Prime location in desirable Woodland Park neighborhood. Elevated & private corner lot w/ dramatic vistas & breathtaking sunsets. Hardwood floors & sunny, natural light throughout. Open floor plan, ideal flow for entertaining with living, dining & family rooms opening onto bluestone patio. 1st floor MBR Suite w/ lge. walk-in closet, dressing room & bath w/ granite coutnertops, shower & soaking tub. Lge. family room w/ gas fireplace, gracious LR & DR, all w/ French doors to patio & rear yard. Optional 2nd floor MBR w/ renovated bath. Lower level w/ recreation rm. w/ built-ins, wine closet, large laundry rm., exercise/ storage rm. & access to 2-car built-in garage. Interior freshly painted 2017-2020. New garage doors & gutters, 2017.

Last Agent to Sell the Property

LINDA PECK

PROMINENT PROPERTIES SIR Listed on: 02/07/2020

Co-Listed By

ALLISON B LEES

PROMINENT PROPERTIES SIR

Last Buyer's Agent

JILL BRAY

PROMINENT PROPERTIES SIR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,429

Year Built

  • Built in 1963

Lot Details

  • 0.4 Acre Lot
  • Corner Lot
  • Open Lot
  • Irregular Lot
  • Sprinkler System
  • Property is zoned R-15

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Tuck Under Garage
  • Inside Entrance
  • Garage Door Opener
  • Private Driveway
  • Additional Parking

Home Design

  • Colonial Architecture
  • Ranch Style House
  • Brick Exterior Construction
  • Wood Shingle Roof
  • Tile

Interior Spaces

  • 3,542 Sq Ft Home
  • Wet Bar
  • Gas Fireplace
  • Thermal Windows
  • Shades
  • Blinds
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Recreation Room
  • Home Gym
  • Skyline Views
  • Finished Basement
  • Sump Pump
  • Attic

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Dressing Area
  • Powder Room
  • In-Law or Guest Suite
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

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

Outdoor Features

  • Patio

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Two Cooling Systems Mounted To A Wall/Window
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2918-05201-0000-00016-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,429

Year Built

Built in 1963

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial, Expanded Ranch
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1963
  • County Name: Union
  • Street Number Display: 11
  • Directions: Ashland Road to Colt Road to Gloucester Road
  • I D: 4954789
  • Modified: 2021-09-23
  • Number Images: 24
  • Section Subdiv Development: Woodland Park
  • First Name: LINDA
  • First Name2: ALLISON B
  • First Name3: JILL
  • Last Name: PECK
  • Last Name2: LEES
  • Last Name3: BRAY
  • Office Phone: 908-377-8036
  • Office Phone2: 908-273-8808
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Marble, Tile, Wood
  • Fireplace Description: Family Room, Gas Fireplace
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dishwasher, Disposal, Dryer, Kitchen Exhaust Fan, Microwave Oven, Range/Oven-Gas, Refrigerator, Self Cleaning Oven, Sump Pump, OvnWGas, Washer
  • Interior Amenities: Bar-Wet, Blinds, Fire Alarm Sys, Fire Extinguisher, Security System, Shades, Smoke Detector, SoakTub, StallShw, TubOnly, TubShowr, Walk-In Closet
  • Number Rooms: 11
  • Bedrooms: 4
  • Master Bedroom Desc: Dressing Room, Full Bath, Walk-In Closet
  • Bedroom 1 Level: First
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Soaking Tub, Stall Shower
  • Bathrooms: 3.20
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Description: Finished
  • Basement Level Rooms: Exercise Room, Laundry Room, Powder Room, Rec Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • In Law Suite: Yes
  • In Law Suite Description: Bedroom 2, Full Bath
  • Kitchen Area: Breakfast Bar, Center Island, Eat-In Kitchen, Separate Dining Area
  • Kitchen Dim: 26x13
  • Kitchen Level: First
  • Living Room Dim: 23x15
  • Living Room Level: First
  • Other Room 1: Foyer
  • Other Room1 Dim: 17x15
  • Other Room1 Level: First
  • Other Room 2: Rec Room
  • Other Room2 Dim: 36x15
  • Other Room2 Level: Basement
  • Other Room 3: Laundry Room
  • Other Room3 Dim: 21x14
  • Other Room3 Level: Basement
  • Other Room 4: MudRoom
  • Other Room4 Dim: 8x7
  • Other Room4 Level: Basement
  • Level 1 Rooms: 1 Bedroom, Bath Main, Dining Room, Family Room, Foyer, Kitchen, Living Room, Powder Room, Walkout
  • Level 2 Rooms: 3 Bedrooms, Attic, Bath Main, Bath(s) Other
  • Estimated Sq Ft: 3542
  • Phone: 908-273-8808

Exterior Features

  • Exterior Description: Brick, Wood Shingle
  • Exterior Features: Curbs, Patio, Storm Door(s), Storm Window(s), Thermal Windows/Doors, Underground Lawn Sprinkler
  • Roof Description: Asphalt Shingle, Wood Shingle

Garage/Parking

  • Garage Description: Built-In Garage, Garage Door Opener, Garage Under, InEntrnc, Oversize Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 2
  • Parking Driveway Description: 1 Car Width, Additional Parking, Blacktop, Driveway-Exclusive

Utilities

  • Cooling: 2 Units, Central Air, Multi-Zone Cooling
  • Fuel Type: Gas-Natural
  • Heating: 2 Units, Forced Hot Air, Multi-Zone
  • Sewer: Public Sewer, Sewer Charge Extra
  • Utilities: Electric, Gas In Street
  • 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: 0.398
  • Assessed Improvement Value: 368000
  • Assessed Land Value: 287500
  • Assessment: 655500
  • Easement: Unknown
  • Lot Description: Corner, Irregular Lot, Open Lot, Skyline View
  • Lot Identifier: 16
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.40
  • Zoning: R-15

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 28429
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2918-05201-0000-00016-0000-
  • Tax Rate Amount: 4.337
  • Tax Rate Tax: *
  • Tax Rate Year: 2018
  • Tax Year Tax: *
  • Tax Year: 2018

MLS Schools

  • Grade School: Franklin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2020
Closed on
Mar 12, 2020
Sold by
Imperatore Arthur E and Imperatore Marian Starr
Bought by
Chong Wei Li and Chong Karen Adams
Seller's Agent
LINDA PECK
PROMINENT PROPERTIES SIR
Buyer's Agent
JILL BRAY
PROMINENT PROPERTIES SIR
List Price
$1,249,000
Sold Price
$1,355,000
Premium/Discount to List
$106,000
8.49%
Current Estimated Value
$2,247,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$892,799
Avg. Annual Appreciation
9.68%
Original Mortgage
$1,084,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 24, 2011
Sold by
Iler Steven A and Iler Anne Close
Bought by
Imperatore Arthur E and Imperatore Marian Starr

Purchase Details

Closed on
Aug 23, 1999
Sold by
Maher Jerard F and Maher Kevin J
Bought by
Iler Steven A and Iler Anne Close

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
7.65%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

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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
Chong Wei Li $1,355,000 Old Republic Title Ins Co
Imperatore Arthur E $1,370,000 Chicago Title Insurance Co
Iler Steven A $765,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chong Wei Li $1,079,300
Closed Chong Wei Li $1,084,000
Previous Owner Iler Anne C $100,000
Previous Owner Iler Steven A $810,000
Previous Owner Iler Steven A $72,000
Previous Owner Iler Steven A $612,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2020 03/24/20 Sold $1,355,000 +8.5% $383 / Sq Ft
02/13/2020 02/13/20 Pending -- -- --
02/07/2020 02/07/20 For Sale $1,249,000 -- $353 / 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 $28,554 $655,500 $287,500 $368,000
2024 $28,363 $655,500 $287,500 $368,000
2023 $28,363 $655,500 $287,500 $368,000
2022 $28,075 $655,500 $287,500 $368,000
2021 $28,298 $655,500 $287,500 $368,000
2020 $28,580 $655,500 $287,500 $368,000
2019 $28,613 $655,500 $287,500 $368,000
2018 $28,429 $655,500 $287,500 $368,000
2017 $28,613 $655,500 $287,500 $368,000
2016 $28,193 $655,500 $287,500 $368,000
2015 $27,642 $655,500 $287,500 $368,000
2014 $26,928 $655,500 $287,500 $368,000
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2020

    LINDA PECK

    PROMINENT PROPERTIES SIR

  • A

    Seller Co-Listing Agent in 2020

    ALLISON B LEES

    PROMINENT PROPERTIES SIR

  • J

    Buyer's Agent in 2020

    JILL BRAY

    PROMINENT PROPERTIES SIR

See All Agents

Map

Source: Garden State MLS

MLS Number: 3614913

Garden State MLS

APN: 18-05201-0000-00016

New Jersey Union County Summit 07901

11 Gloucester Rd, Summit, NJ

This home is located at 11 Gloucester Rd, Summit, NJ 07901 since 07 February 2020 and is currently estimated at $2,247,799, approximately $634 per square foot. This property was built in 1963. 11 Gloucester Rd 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.

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