NOT LISTED FOR SALE

124 Prospect St Summit, NJ 07901

Estimated Value: $3,077,649 - $3,230,000

6 Beds
5.5 Baths
4,134 Sq Ft
$761/Sq Ft Est. Value

Last Sold March 02, 2022

Last sale price $2,650,000 $641 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $19,621/month

Highlights

  • Custom Home
  • Recreation Room
  • Jetted Tub in Primary Bathroom
  • L C Johnson Summit Middle School Rated A+
  • Wood Flooring
  • Attic

About This Home

As of March 2022

Custom built for current owners 2012 Franklin Elementary School Colonial. Approx. 5,805SF (4,134 livable SF on 1st & 2nd floors). Turnkey home meticulously cared for by current owners. 9-foot ceilings throughout. Covered porch w/ hanging swing & wood floor. Functional floor plan w/ great spaces for entertaining. Custom millwork throughout. Dedicated & private 1st fl. office. Expansive lower level w/ exceptional sunlight, abundant storage, guest suite, exercise rm., rec. rm., game rm. & outdoor entry. Oversized 2-car attached garage w/ access to mud rm. Conveniently located to all schools, train station & downtown Summit. For comp purposes only.

Last Agent to Sell the Property

LINDA PECK

PROMINENT PROPERTIES SIR Listed on: 03/02/2022

Co-Listed By

ALLISON B LEES

PROMINENT PROPERTIES SIR

Last Buyer's Agent

SUSAN ADLER

KELLER WILLIAMS REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,281

Year Built

  • Built in 2012

Lot Details

  • 0.37 Acre Lot
  • Fenced
  • Level Lot
  • Open Lot
  • Sprinkler System

Parking

  • 2 Car Direct Access Garage
  • Oversized Parking
  • Inside Entrance
  • Garage Door Opener
  • Private Driveway

Home Design

  • Custom Home
  • Colonial Architecture
  • Siding
  • Composite Building Materials
  • Tile

Interior Spaces

  • 4,134 Sq Ft Home
  • Wet Bar
  • High Ceiling
  • Gas Fireplace
  • Thermal Windows
  • Window Treatments
  • Mud Room
  • Entrance Foyer
  • Family Room with Fireplace
  • Family Room with entrance to outdoor space
  • Living Room
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Game Room
  • Storage Room
  • Home Gym
  • Attic

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • In-Law or Guest Suite
  • Jetted Tub in Primary Bathroom
  • Steam Shower
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Sump Pump
  • French Drain

Home Security

  • Intercom
  • Storm Doors
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Storage Shed
  • Porch

Schools

  • Franklin Elementary School
  • Summit Middle School
  • Summit High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2918-02804-0000-00003-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,281

Year Built

Built in 2012

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial, Custom Home
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 2012
  • Year Built Description: Approximate
  • County Name: Union
  • Exclusions: DR chandelier, Sonos sound system units, all flat screen TV's
  • Possible Other Uses: Home-Office
  • Street Number Display: 124
  • Directions: Springfield Ave. to Pine Grove Ave. to Prospect St.
  • I D: 5108898
  • Modified: 2023-03-03
  • Number Images: 26
  • First Name: LINDA
  • First Name2: ALLISON B
  • First Name3: SUSAN
  • Last Name: PECK
  • Last Name2: LEES
  • Last Name3: ADLER
  • Office Phone: 908-377-8036
  • Office Phone2: 908-273-8808
  • Attribution Contact: 908-273-8808
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Family Room, Gas Fireplace
  • Number of Fireplaces: 1
  • Appliances: Central Vacuum, CookGas, Dishwasher, Disposal, Dryer, Generator-Built-In, Kitchen Exhaust Fan, Microwave Oven, Range/Oven-Gas, Refrigerator, Sump Pump, OvnWElec, Washer, WineRefr
  • Interior Amenities: Bar-Wet, Fire Alarm Sys, High Ceilings, Intercom, JacuzTyp, Security System, StallShw, StallTub, Steam, TubShowr, Walk-In Closet, Window Treatments
  • Number Rooms: 10
  • Bedrooms: 6
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Jetted Tub, Stall Shower, Steam
  • Bathrooms: 5.10
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished, French Drain, Full
  • Basement Level Rooms: 1 Bedroom, Bath Main, Exercise Room, GameRoom, Inside Entrance, Outside Entrance, Rec Room, Storage Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • In Law Suite: Yes
  • In Law Suite Description: Bedroom 1, Full Bath, SepEnter
  • Kitchen Area: Center Island, Eat-In Kitchen, Separate Dining Area
  • Kitchen Dim: 25x15
  • Kitchen Level: First
  • Living Room Dim: 17x13
  • Living Room Level: First
  • Other Room 1: Office
  • Other Room1 Dim: 14x12
  • Other Room1 Level: First
  • Other Room 2: Bedroom
  • Other Room2 Dim: 15x12
  • Other Room2 Level: Second
  • Other Room 3: Bedroom
  • Other Room3 Dim: 13x12
  • Other Room3 Level: Basement
  • Other Room 4: Rec Room
  • Other Room4 Dim: 24x14
  • Other Room4 Level: Basement
  • Level 1 Rooms: Dining Room, Family Room, Foyer, GarEnter, Kitchen, Living Room, MudRoom, Office, OutEntrn, Pantry, Porch, Powder Room
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other, Laundry Room
  • Level 3 Rooms: Attic
  • Estimated Sq Ft: 4134
  • Phone: 908-273-8808

Exterior Features

  • Exterior Description: Composition Siding
  • Exterior Features: Barbeque, Curbs, Metal Fence, Patio, Storage Shed, Storm Door(s), Thermal Windows/Doors, Underground Lawn Sprinkler
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage, Garage Door Opener, InEntrnc, Oversize Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 6
  • Parking Driveway Description: Blacktop, Driveway-Exclusive, Hard Surface, Lighting

Utilities

  • Cooling: Central Air, Multi-Zone Cooling
  • Fuel Type: Gas-Natural
  • Heating: 2 Units, Forced Hot Air, Multi-Zone
  • Sewer: Public Sewer, Sewer Charge Extra
  • Utilities: Gas In Street, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

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

Lot Info

  • Assessed Improvement Value: 575800
  • Assessed Land Value: 233400
  • Assessment: 809200
  • Easement: Unknown
  • Lot Description: Level Lot, Open Lot
  • Lot Identifier: 3
  • Lot I D Tax: *
  • Total Acres: 0.37
  • Zoning: Residential

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 35281
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2918-02804-0000-00003-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 4.360
  • Tax Rate Tax: *
  • Tax Rate Year: 2020
  • Tax Year Tax: *
  • Tax Year: 2020

MLS Schools

  • Grade School: Franklin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2022
Closed on
Mar 2, 2022
Sold by
Gangi Francis C and Gangi Donna
Bought by
Kuritsky David A and Kuritsky Molly M
Seller's Agent
LINDA PECK
PROMINENT PROPERTIES SIR
Buyer's Agent
SUSAN ADLER
KELLER WILLIAMS REALTY
List Price
$2,650,000
Sold Price
$2,650,000
Current Estimated Value
$3,146,883

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$496,883
Avg. Annual Appreciation
4.90%

Purchase Details

Closed on
Sep 6, 2011
Sold by
Weinstein Lynn
Bought by
Gangi Francis C and Gangi Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,199,000
Interest Rate
4.15%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 3, 2008
Sold by
Weinstein Lynn S and Weinstein Lynn
Bought by
Weinstein Lynn

Purchase Details

Closed on
Feb 29, 2008
Sold by
Weinstein Jerry L and Weinstein Lynn S
Bought by
Weinstein Lynn
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 Buyer Sale Price Title Company
Kuritsky David A $2,650,000 Chicago Title
Gangi Francis C $985,000 None Available
Weinstein Lynn -- None Available
Weinstein Lynn -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gangi Francis C $1,199,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2022 03/02/22 Sold $2,650,000 0.0% $641 / Sq Ft
03/02/2022 03/02/22 Pending -- -- --
03/02/2022 03/02/22 For Sale $2,650,000 -- $641 / 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 $35,249 $809,200 $233,400 $575,800
2024 $35,014 $809,200 $233,400 $575,800
2023 $35,014 $809,200 $233,400 $575,800
2022 $34,658 $809,200 $233,400 $575,800
2021 $34,933 $809,200 $233,400 $575,800
2020 $35,281 $809,200 $233,400 $575,800
2019 $35,322 $809,200 $233,400 $575,800
2018 $35,095 $809,200 $233,400 $575,800
2017 $35,322 $809,200 $233,400 $575,800
2016 $34,804 $809,200 $233,400 $575,800
2015 $34,124 $809,200 $233,400 $575,800
2014 $33,242 $809,200 $233,400 $575,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3766867

Garden State MLS

APN: 18-02804-0000-00003