NOT LISTED FOR SALE

11 Ridge Rd Summit, NJ 07901

Estimated Value: $4,674,118 - $6,173,000

8 Beds
10 Baths
10,000 Sq Ft
$531/Sq Ft Est. Value

About This Home

This home is located at 11 Ridge Rd, Summit, NJ 07901 and is currently estimated at $5,313,706, approximately $531 per square foot. 11 Ridge 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
Oct 27, 2020
Sold by
France Mary F and Rutter Mary T
Bought by
The France Family Revocable Trust
Current Estimated Value
$5,313,706

Purchase Details

Closed on
Mar 2, 2020
Sold by
Rutter David and Rutter Mary
Bought by
Rutter Mary T

Purchase Details

Closed on
Sep 4, 2007
Sold by
Anderson Erika R and Hayes John
Bought by
Rutter David and Rutter Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,225,500
Outstanding Balance
$2,709,938
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 15, 2005
Sold by
Anderson Duff P
Bought by
Anderson Erika R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
5.59%
Mortgage Type
Credit Line Revolving

Range of Values:

Collateral Analytics

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ICE

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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
The France Family Revocable Trust -- None Available
Rutter Mary T -- None Available
Rutter David $4,695,000 None Available
Anderson Erika R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rutter David E $1,500,000
Open Rutter David $4,225,500
Previous Owner Anderson Erika R $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 $61,119 $1,615,000 $499,000 $1,116,000
2023 $61,119 $1,412,500 $499,000 $913,500
2022 $60,497 $1,412,500 $499,000 $913,500
2021 $60,978 $1,412,500 $499,000 $913,500
2020 $61,585 $1,412,500 $499,000 $913,500
2019 $70,023 $1,604,200 $499,000 $1,105,200
2018 $79,979 $1,844,100 $499,000 $1,345,100
2017 $80,495 $1,844,100 $499,000 $1,345,100
2016 $76,614 $1,781,300 $499,000 $1,282,300
2015 $75,117 $1,781,300 $499,000 $1,282,300
2014 $73,176 $1,781,300 $499,000 $1,282,300
Source: Public Records

Map

New Jersey Union County Summit 07901

11 Ridge Rd, Summit, NJ

Homes for Sale in Summit, NJ

This home is located at 11 Ridge Rd, Summit, NJ 07901 and is currently estimated at $5,313,706, approximately $531 per square foot. 11 Ridge 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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