$885,000
SOLD JAN 3, 2025

111 N Summit Ave Chatham, NJ 07928

3 Beds
2 Baths
1,846 Sq Ft
9,148 Sq Ft Lot

Recently Sold

$479 Per Sq Ft

22% Above List Price

9 Days on Market

About This Home

As of January 2025

This home is located at 111 N Summit Ave, Chatham, NJ 07928 and is currently priced at $885,000, approximately $479 per square foot. This property was built in 1955. 111 N Summit Ave is a home located in Morris County with nearby schools including Chatham High School, St. Patrick School, and ECLC of New Jersey.

Last Agent to Sell the Property

Jo-Anne Johnson

COLDWELL BANKER REALTY Brokerage Phone: 908-233-5555 Listed on: 11/06/2024

COLDWELL BANKER REALTY

Last Buyer's Agent

Jo-Anne Johnson

COLDWELL BANKER REALTY Brokerage Phone: 908-233-5555 Listed on: 11/06/2024

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,664

Year Built

  • Built in 1955

Lot Details

  • 9,148 Sq Ft Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,664

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Year Built: 1955
  • County Name: Morris
  • Street Number Display: 111
  • I D: 5323112
  • Modified: 2025-01-03
  • Number Images: 1
  • Attribution Contact: 908-233-5555
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 2.00

Lot Info

  • Lot Size: 75X125
  • Total Acres: 0.21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2024
Closed on
Dec 18, 2024
Sold by
Garrity John P
Bought by
Jl Realty Solutions Llc
Seller's Agent
Jo-Anne Johnson
COLDWELL BANKER REALTY
Buyer's Agent
Jo-Anne Johnson
COLDWELL BANKER REALTY
List Price
$725,000
Sold Price
$885,000
Premium/Discount to List
$160,000
22.07%
Views
25

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.15%

Purchase Details

Closed on
Dec 28, 2000
Sold by
Gunn Ronald E
Bought by
River Commons At Chatham Llc
Source: Public Records

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Range of Values:

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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 $885,000 Stewart Title
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $750,000 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $544,185 Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2025 07/19/25 For Sale $2,095,000 +136.7% --
01/03/2025 01/03/25 Sold $885,000 +22.1% $479 / Sq Ft
11/15/2024 11/15/24 Pending -- -- --
11/06/2024 11/06/24 For Sale $725,000 -- $393 / 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 $11,664 $750,600 $490,200 $260,400
2023 $11,664 $750,600 $490,200 $260,400
2022 $10,058 $517,500 $393,000 $124,500
2021 $10,058 $517,500 $393,000 $124,500
2020 $10,966 $517,500 $393,000 $124,500
2019 $10,888 $517,500 $393,000 $124,500
2018 $10,583 $517,500 $393,000 $124,500
2017 $10,278 $517,500 $393,000 $124,500
2016 $10,008 $517,500 $393,000 $124,500
2015 $9,639 $517,500 $393,000 $124,500
2014 $9,567 $517,500 $393,000 $124,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3933094

Garden State MLS

APN: 04-00046-0000-00011