NOT LISTED FOR SALE

11 Gloucester Rd Summit, NJ 07901

Estimated Value: $1,955,000 - $2,306,000

4 Beds
5 Baths
3,542 Sq Ft
$593/Sq Ft Est. Value

Last Sold March 24, 2020

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

Est. 55% increase in value since last sale

Current estimated payment $13,502/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
  • 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

Finished Basement

  • Walk-Out Basement
  • Sump Pump

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%
Total Days on Market
6
Current Estimated Value
$2,098,731

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$743,731
Avg. Annual Appreciation
8.02%
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

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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
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

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Map

Source: Garden State MLS

MLS Number: 3614913

Garden State MLS

APN: 18-05201-0000-00016