$2,375,000
SOLD JUN 3, 2025

12 Sherman Ave Summit, NJ 07901

4 Beds
4 Baths
-- Sq Ft
0.26 Acres

Recently Sold

25% Above List Price

6 Days on Market

About This Home

As of June 2025

This home is located at 12 Sherman Ave, Summit, NJ 07901 and is currently priced at $2,375,000. This property was built in 1930. 12 Sherman Ave 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.

Last Agent to Sell the Property

KELLY FINN POLISIN

PROMINENT PROPERTIES SIR Brokerage Phone: 908-273-8808 Listed on: 04/16/2025

Co-Listed By

JILL BRAY

PROMINENT PROPERTIES SIR Brokerage Phone: 908-273-8808

Last Buyer's Agent

Fred Wynne

WEICHERT REALTORS

WEICHERT REALTORS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1930

Lot Details

  • 0.26 Acre Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Year Built: 1930
  • County Name: Union
  • I D: 5349711
  • Attribution Contact: 908-273-8808
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 3.10

Lot Info

  • Lot Size: 75X150
  • Total Acres: 0.26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2025
Closed on
May 20, 2025
Sold by
Bierce Alexander and Bierce Kaitlin Brooke
Bought by
Serling Robert Colin and Serling Rachel Elizabeth
Seller's Agent
KELLY FINN POLISIN
PROMINENT PROPERTIES SIR
Buyer's Agent
Fred Wynne
WEICHERT REALTORS
List Price
$1,895,000
Sold Price
$2,375,000
Premium/Discount to List
$480,000
25.33%
Views
72
Current Estimated Value
$2,339,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$35,520
Avg. Annual Appreciation
-2.33%
Original Mortgage
$1,500,000
Outstanding Balance
$1,492,917
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$846,563

Purchase Details

Closed on
Aug 6, 2021
Sold by
Bierce Alexander and Bierce Kaitlin Brooke
Bought by
Bierce Alexander and Bierce Kaitlin Brooke

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,158,000
Interest Rate
2.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 15, 2016
Closed on
Sep 29, 2016
Sold by
Kieran Moran
Bought by
Bierce Alexander and Vinci Kaitlin
Seller's Agent
JILL BRAY
PROMINENT PROPERTIES SIR
Buyer's Agent
Rosaleen Light-newby
WEICHERT REALTORS
List Price
$1,495,000
Sold Price
$1,505,000
Premium/Discount to List
$10,000
0.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.82%
Original Mortgage
$1,204,000
Interest Rate
3.42%

Purchase Details

Closed on
Feb 13, 2007
Sold by
Executors Patrick J Gibbons
Bought by
Moran Kieran and Moran Diana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 1998
Sold by
Gibbons Marie C and Gibbons Patrick J
Bought by
Gibbons Marie C

Purchase Details

Closed on
Jan 11, 1996
Sold by
Gibbons Marie B
Bought by
Gibbons Patrick J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Deed $2,375,000 Old Republic Title
Deed $2,375,000 Old Republic Title
Interfamily Deed Transfer -- Simplicity Title Llc
Deed -- Simplicity Title
Deed -- --
Deed $1,125,000 --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,500,000 New Conventional
Closed $1,500,000 New Conventional
Previous Owner $1,158,000 New Conventional
Previous Owner $1,204,000 No Value Available
Previous Owner -- No Value Available
Previous Owner $650,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/03/2025 06/03/25 Sold $2,375,000 +25.3% --
04/30/2025 04/30/25 Pending -- -- --
04/24/2025 04/24/25 For Sale $1,895,000 +25.9% --
09/07/2016 09/07/16 Sold $1,505,000 +0.7% -- View Prior Sale
06/25/2016 06/25/16 Pending -- -- --
06/15/2016 06/15/16 For Sale $1,495,000 -- --
Source: Garden State MLS

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 $20,512 $470,900 $216,800 $254,100
2024 $20,376 $470,900 $216,800 $254,100
2023 $20,376 $470,900 $216,800 $254,100
2022 $20,169 $470,900 $216,800 $254,100
2021 $20,329 $470,900 $216,800 $254,100
2020 $20,531 $470,900 $216,800 $254,100
2019 $20,555 $470,900 $216,800 $254,100
2018 $20,423 $470,900 $216,800 $254,100
2017 $20,555 $470,900 $216,800 $254,100
2016 $20,253 $470,900 $216,800 $254,100
2015 $19,858 $470,900 $216,800 $254,100
2014 $19,345 $470,900 $216,800 $254,100
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2025

    KELLY FINN POLISIN

    PROMINENT PROPERTIES SIR

  • J

    Seller Co-Listing Agent in 2025

    JILL BRAY

    PROMINENT PROPERTIES SIR

  • Fred Wynne

    Buyer's Agent in 2025

    Fred Wynne

    WEICHERT REALTORS

    (973) 885-6453

    2 in this area

    42 Total Sales

    Fred Wynne
    Section Image
  • Rosaleen Light-newby

    Buyer's Agent in 2016

    Rosaleen Light-newby

    WEICHERT REALTORS

    (908) 510-0861

    9 in this area

    26 Total Sales

    Rosaleen Light-newby
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3957143

Garden State MLS

APN: 18-01204-0000-00014

New Jersey Union County Summit 07901

12 Sherman Ave, Summit, NJ

Sold

Detached

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