$565,000
SOLD JAN 29, 2021

120 Orchard St Summit, NJ 07901

3 Beds
2 Baths
1,273 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$444 Per Sq Ft

10% Below List Price

41 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • Eat-In Kitchen
  • L C Johnson Summit Middle School Rated A+
  • 1 Car Detached Garage
  • 5-minute walk to Briant Park

About This Home

As of January 2021

Move right in to this darling 3 Bedroom, 2 Bath home with fabulous curb appeal situated in a lovely neighborhood with immediate access to Summit's beautiful Briant Park! With expansive living space & a fabulous open floor plan, this home is move-in ready! Wonderful details & updates include a lovely Living Rm, Gour Kitchen w/custom cabinetry, granite countertops& high-end ss appliances opening up to a sunny Dining Area. Hm Office/Bed #3 on 1st fl. Mud Room. 1st Fl Laundry. Amazing stone work & perfect backyard for outdoor entertaining. 2 incredibly tasteful baths. All bedrooms roomy & sundrenched. Tons of potential for expansion w/unfinished LL. W/fantastic schools, easy access to Briant Park, NYC Midtown Direct Train & all Summit has to offer, this home checks each & every box!

Last Agent to Sell the Property

SUSAN ADLER

KELLER WILLIAMS REALTY Listed on: 11/05/2020

Last Buyer's Agent

KRISTIN BALSLEY

BHHS - NEW JERSEY PROPERTIES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,961

Year Built

  • Built in 1922 | Remodeled

Parking

  • 1 Car Detached Garage
  • Additional Parking

Home Design

  • Cape Cod Architecture
  • Stone Siding
  • Vinyl Siding
  • Tile

Interior Spaces

  • Living Room
  • Storage Room
  • Utility Room
  • Wood Flooring
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Schools

  • Jefferson Elementary School
  • Summit Middle School
  • Summit High School

Utilities

  • Forced Air Heating and Cooling System
  • Standard Electricity

Listing and Financial Details

  • Assessor Parcel Number 2918-03909-0000-00032-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,961

Year Built

Built in 1922 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Style: Cape Cod
  • Primary Style: Cape Cod
  • Subproperty Type: Single Family
  • Year Built: 1922
  • Year Built Description: Approximate, Renovated
  • County Name: Union
  • Exclusions: See Addendum attached to Sellers Disclosure
  • Renovated Year: 2020
  • Street Number Display: 120
  • Directions: Morris Avenue to Orchard Street
  • I D: 5030421
  • Modified: 2022-01-30
  • Number Images: 15
  • First Name: SUSAN
  • First Name3: KRISTIN
  • Last Name: ADLER
  • Last Name3: BALSLEY
  • Office Phone3: 908-273-0400
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Renovated: 2020

Interior Features

  • Flooring: Tile, Wood
  • Appliances: Carbon Monoxide Detector, Dishwasher, Dryer, Microwave Oven, Range/Oven-Gas, Refrigerator, Washer
  • Interior Amenities: Carbon Monoxide Detector, Smoke Detector
  • Number Rooms: 7
  • Bedrooms: 3
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: First
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Unfinished
  • Basement Level Rooms: Storage Room, Utility Room
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 14x15
  • Kitchen Level: First
  • Living Room Dim: 15x12
  • Living Room Level: First
  • Other Room 1: MudRoom
  • Other Room1 Level: First
  • Other Room 2: Laundry Room
  • Other Room2 Level: First
  • Level 1 Rooms: 1 Bedroom, Bath Main, Kitchen, Laundry Room, Living Room
  • Level 2 Rooms: 2 Bedrooms, Bath(s) Other
  • Phone: 908-273-2991

Exterior Features

  • Exterior Description: Stone, Vinyl Siding
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 1
  • Parking Driveway Description: Additional Parking

Utilities

  • Cooling: Central Air
  • Fuel Type: Gas-Natural
  • Heating: Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water

Schools

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

Lot Info

  • Lot Size: .23
  • Assessed Improvement Value: 111200
  • Assessed Land Value: 71200
  • Assessment: 182400
  • Easement: Unknown
  • Lot Identifier: 32
  • Lot I D Tax: *
  • Lot Size Tax: *

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 7961
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2918-03909-0000-00032-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 4.365
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: Jefferson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2020
Closed on
Jan 19, 2021
Sold by
Kratzer Erik J
Bought by
Dejesus Maria Cristina and Dejesus Jason
Seller's Agent
SUSAN ADLER
KELLER WILLIAMS REALTY
Buyer's Agent
KRISTIN BALSLEY
BHHS - NEW JERSEY PROPERTIES
List Price
$629,000
Sold Price
$565,000
Premium/Discount to List
-$64,000
-10.17%
Current Estimated Value
$792,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,334
Avg. Annual Appreciation
7.61%
Original Mortgage
$536,750
Outstanding Balance
$479,230
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$313,104

Purchase Details

Listed on
Jun 16, 2015
Closed on
Jun 16, 2015
Sold by
Plesh Properties Llc
Bought by
Kratzer Erik J
Buyer's Agent
ARMANDO PEREZ
COLDWELL BANKER REALTY
Sold Price
$430,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.97%
Original Mortgage
$315,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2014
Sold by
Ponzio Joanne
Bought by
Plesh Properties Llc and Aaa Windows Home Improvements Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
4.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 10, 2005
Sold by
Ponzio Anthony N
Bought by
Ponzio Joanne

Purchase Details

Closed on
Feb 5, 1997
Sold by
Ponzio Anthony N
Bought by
Ponzio Anthony N and Ponzio Joanne

Purchase Details

Closed on
Jul 15, 1996
Sold by
Ponzio Anthony L
Bought by
Ponzio Anthony N
Source: Public Records

Range of Values:

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Average Value
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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 $565,000 Associated Title Agency
Deed $565,000 Coppolecchia Matthew
Bargain Sale Deed $430,000 Heritage Abstract Co
Bargain Sale Deed $220,000 Agent For Stewart Title Guar
Deed -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $182,000 New Conventional
Closed $65,193 New Conventional
Open $536,750 New Conventional
Closed $536,750 New Conventional
Previous Owner $315,000 New Conventional
Previous Owner $220,000 Purchase Money Mortgage
Previous Owner $75,000 Unknown
Previous Owner $50,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2021 01/29/21 Sold $565,000 -5.7% $444 / Sq Ft
12/16/2020 12/16/20 Pending -- -- --
11/17/2020 11/17/20 Price Changed $599,000 -4.8% $471 / Sq Ft
11/05/2020 11/05/20 For Sale $629,000 +46.3% $494 / Sq Ft
06/16/2015 06/16/15 Sold $430,000 -- $338 / 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
2025 $7,945 $182,400 $71,200 $111,200
2024 $7,892 $182,400 $71,200 $111,200
2023 $7,892 $182,400 $71,200 $111,200
2022 $7,812 $182,400 $71,200 $111,200
2021 $7,874 $182,400 $71,200 $111,200
2020 $7,953 $182,400 $71,200 $111,200
2019 $7,962 $182,400 $71,200 $111,200
2018 $7,911 $182,400 $71,200 $111,200
2017 $7,962 $182,400 $71,200 $111,200
2016 $7,845 $182,400 $71,200 $111,200
2015 $7,692 $149,300 $71,200 $78,100
2014 -- $149,300 $71,200 $78,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3676799

Garden State MLS

APN: 18-03909-0000-00032