NOT LISTED FOR SALE

12 High St Summit, NJ 07901

Estimated Value: $4,100,309 - $4,814,000

7 Beds
9 Baths
8,500 Sq Ft
$535/Sq Ft Est. Value

Last Sold August 05, 2020

Last sale price $3,150,000 $371 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $30,218/month

194 Days on Market

Highlights

  • Custom Home
  • Deck
  • Marble Flooring
  • L C Johnson Summit Middle School Rated A+
  • Family Room with Fireplace
  • Loft

About This Home

As of August 2020

New Custom colonial 4 blocks from downtown Summit! Outdoor terraces both covered & open overlook the private 1/2 acre quiet level yard. Open floor plan includes 33'X18' Gourmet Kitchen. Separate breakfast rm & adjacent great rm has modern qualities for everyday living. Large living & dining rooms provide formal entertaining space. 6/7 Bedrooms offer flexible living needs with a first floor bedroom and full bathroom. The Master Bedroom Suite can be customized to have "his" & "her" baths & dressing areas. Lower Level Bedroom with full bathroom & separate entrance walk out. 4 Fireplaces (Outdoor Terrace, Great Rm., LR & Master Bedroom) Third Floor multi-use loft. Electric car plug-in and generator hook up are added features for today's discerning buyer. Please note taxes TBD upon completion.

Last Agent to Sell the Property

ANTOINETTE GEORGE

COLDWELL BANKER REALTY Listed on: 08/22/2019

Last Buyer's Agent

REBECCA MORANO

PROMINENT PROPERTIES SIR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,899

Year Built

  • Built in 2020 | Under Construction

Lot Details

  • 0.51 Acre Lot
  • Level Lot

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Stone Driveway

Home Design

  • Custom Home
  • Colonial Architecture
  • Wood Shingle Roof
  • Wood Siding
  • Stone Siding
  • Tile

Interior Spaces

  • 8,500 Sq Ft Home
  • Wet Bar
  • High Ceiling
  • Gas Fireplace
  • Mud Room
  • Entrance Foyer
  • Family Room with Fireplace
  • 4 Fireplaces
  • Great Room
  • Family Room with entrance to outdoor space
  • Living Room with Fireplace
  • Formal Dining Room
  • Loft
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Self-Cleaning Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Soaking Tub
  • Separate Shower

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Patio
  • Porch

Schools

  • Brayton Elementary School
  • Summit Middle School
  • Summit High School

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Standard Electricity
  • Generator Hookup
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2918-02802-0000-00014-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,899

Year Built

Built in 2020 | Under Construction

Lot Details

0

Parking

3

Listing Details

  • Style: Custom Home, Colonial
  • Primary Style: Custom Home
  • Subproperty Type: Single Family
  • Year Built: 2020
  • Year Built Description: Under Construction
  • County Name: Union
  • Street Number Display: 12
  • Directions: Prospect Street or Springfield Avenue to High Street. House 2nd house at top of High Street from Prospect Street
  • I D: 4925235
  • Modified: 2021-09-23
  • Number Images: 24
  • First Name: ANTOINETTE
  • First Name3: REBECCA
  • Last Name: GEORGE
  • Last Name3: MORANO
  • Office Phone: 212332
  • Office Phone3: 908-277-1398
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Flooring: Marble, Tile, Wood
  • Fireplace Description: Bedroom 1, Family Room, Gas Fireplace, Living Room
  • Number of Fireplaces: 4
  • Appliances: Carbon Monoxide Detector, Central Vacuum, CookGas, Dishwasher, Generator-Hookup, Kitchen Exhaust Fan, Microwave Oven, Refrigerator, Self Cleaning Oven, OvnWElec, WineRefr
  • Interior Amenities: Bar-Wet, Carbon Monoxide Detector, High Ceilings, Smoke Detector, SoakTub, StallShw, TubShowr, Walk-In Closet
  • Number Rooms: 15
  • Bedrooms: 7
  • Master Bedroom Desc: Fireplace, Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Soaking Tub, Stall Shower
  • Bathrooms: 7.20
  • Full Bathrooms: 7
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Description: Finished, Full, Walkout
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: First
  • Family Room Level: First
  • Kitchen Area: Center Island, Eat-In Kitchen, Pantry, Separate Dining Area
  • Kitchen Dim: 33x18
  • Kitchen Level: First
  • Living Room Dim: 22x18
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Dim: 15x15
  • Other Room1 Level: Second
  • Other Room 2: Bedroom/Office
  • Other Room2 Dim: 18x12
  • Other Room2 Level: First
  • Other Room 3: FamilyRm
  • Other Room3 Dim: 48x18
  • Other Room3 Level: Ground
  • Other Room 4: Bedroom
  • Other Room4 Dim: 15x11
  • Other Room4 Level: Ground
  • Level 1 Rooms: 1 Bedroom, Bath(s) Other, Dining Room, Family Room, Foyer, Great Room, Kitchen, Living Room, OutEntrn, Pantry, Powder Room
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other, Laundry Room
  • Level 3 Rooms: Loft
  • Estimated Sq Ft: 8500
  • Ground Level Rooms: 1 Bedroom, Bath(s) Other, Family Room, Laundry Room, MudRoom, Porch, Powder Room, Walkout
  • Phone: 908-522-1800

Exterior Features

  • Exterior Description: Stone, Wood, Wood Shingle
  • Exterior Features: Curbs, Deck, Open Porch(es), Patio, Sidewalk
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage, Garage Door Opener, Oversize Garage
  • Number Garage Spaces: 3
  • Parking Driveway Description: 1 Car Width, Crushed Stone

Utilities

  • Cooling: 4 Units, Central Air
  • Fuel Type: Electric, Gas-Natural
  • Heating: 4 Units, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: All Underground, Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

  • Elementary School: Brayton
  • Middle School: Summit MS
  • High School: Summit HS
  • High School: Summit HS
  • Middle Jr High School: Summit MS

Lot Info

  • Lot Size: 90X246
  • Assessed Land Value: 643300
  • Assessment: 643300
  • Lot Description: Level Lot
  • Lot Identifier: 14
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.51

Tax Info

  • Tax Acres: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 27899
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2918-02802-0000-00014-0000-
  • Tax Rate Amount: 4.337
  • Tax Rate Tax: *
  • Tax Rate Year: 2018
  • Tax Year Tax: *
  • Tax Year: 2018

MLS Schools

  • Grade School: Brayton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2019
Closed on
Jul 10, 2020
Sold by
Twelve High Street Summit Llc
Bought by
Gormley Michael and Gormley Emese
Seller's Agent
ANTOINETTE GEORGE
COLDWELL BANKER REALTY
Buyer's Agent
REBECCA MORANO
PROMINENT PROPERTIES SIR
List Price
$3,495,000
Sold Price
$3,150,000
Premium/Discount to List
-$345,000
-9.87%
Total Days on Market
194
Current Estimated Value
$4,550,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,400,436
Avg. Annual Appreciation
7.86%
Original Mortgage
$2,499,997
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2016
Sold by
Lax Judith H
Bought by
Twelve High Street Summitllc

Purchase Details

Closed on
Oct 3, 1995
Sold by
Lax Melvin and Lax Judith H
Bought by
Lax Judith H
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 Buyer Sale Price Title Company
Gormley Michael $3,150,000 Multiple
Twelve High Street Summitllc $1,500,000 --
Lax Judith H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gormley Michael $2,499,997
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2020 08/05/20 Sold $3,150,000 -9.9% $371 / Sq Ft
03/03/2020 03/03/20 Pending -- -- --
08/22/2019 08/22/19 For Sale $3,495,000 -- $411 / 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 $57,553 $1,330,100 $643,300 $686,800
2023 $57,553 $1,330,100 $643,300 $686,800
2022 $56,968 $1,330,100 $643,300 $686,800
2021 $57,420 $1,330,100 $643,300 $686,800
2020 $28,048 $643,300 $643,300 $0
2019 $28,080 $643,300 $643,300 $0
2018 $27,900 $643,300 $643,300 $0
2017 $28,080 $643,300 $643,300 $0
2016 $30,352 $705,700 $261,600 $444,100
2015 $29,759 $705,700 $261,600 $444,100
2014 $28,990 $705,700 $261,600 $444,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3582471

Garden State MLS

APN: 18-02802-0000-00014