NOT LISTED FOR SALE

124 Prospect St Summit, NJ 07901

Summit Area

Estimated Value: $2,633,000 - $3,311,000

6 Beds
5.5 Baths
4,134 Sq Ft
$740/Sq Ft Est. Value

Sale Details

Date Sold: March 2, 2022

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

Est. 15% increase in value since last sale

Current estimated payment $19,832 / mo

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

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 Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,281

Year Built

  • Built in 2012

Lot Details

  • 16,117 Sq Ft Lot
  • Fenced
  • Level Lot
  • Open Lot
  • Sprinkler System

Parking

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

Home Design

  • Custom Home
  • Colonial Architecture
  • Asphalt Shingled Roof
  • Siding
  • Composite Building Materials

Interior Spaces

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

Kitchen

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

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

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
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall
  • Steam Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

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

Home Security

  • Home Security System
  • Intercom
  • Storm Doors
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Storage Shed
  • Outdoor Grill
  • Porch

Additional Homes

  • Separate Entry Quarters

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2918-02804-0000-00003-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,281

Year Built

Built in 2012

Lot Details

0.37 Acres

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
  • Directions: Springfield Ave. to Pine Grove Ave. to Prospect St.
  • I D: 5108898
  • 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
  • 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

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

Lot Info

  • Easement: Unknown
  • Lot Description: Level Lot, Open Lot
  • 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 Year Tax: *
  • Tax Year: 2020

MLS Schools

  • Grade School: Franklin

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2022
Closed on
Mar 2, 2022
Sold by
Bought by
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
$3,059,697

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$409,697
Avg. Annual Appreciation
3.31%

Purchase Details

Closed on
Sep 6, 2011
Sold by
Bought by

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
Bought by

Purchase Details

Closed on
Feb 29, 2008
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Summit, NJ

  • Massimo Chirichiello Real Estate Agent - SERHANT NEW JERSEY LLC

    Massimo Chirichiello

    SERHANT NEW JERSEY LLC

    (973) 315-6877

    49 Total Sales

    1 in Summit

    $840,000 Price

    Massimo Chirichiello
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  • Nancy Chu Real Estate Agent - Keller Williams Realty - NJ Metro Group

    Nancy Chu

    Keller Williams Realty - NJ Metro Group

    (973) 604-6671

    309 Total Sales

    2 in Summit

    $875,000 Price Range

    Nancy Chu
     Section Image
  • Frank LaMorte Real Estate Agent - LATTIMER REALTY

    Frank LaMorte

    LATTIMER REALTY

    (862) 298-5327

    173 Total Sales

    1 in Summit

    $1,350,000 Price

    Frank LaMorte
     Section Image
  • Mikaela Arpino Real Estate Agent - NJ Real Estate Boutique, LLC

    Mikaela Arpino

    NJ Real Estate Boutique, LLC

    (862) 860-1682

    333 Total Sales

    2 in Summit

    $509K - $1.4M Price Range

    Mikaela Arpino
     Section Image
  • Shuang Liang Real Estate Agent - Premiumone Realty

    Shuang Liang

    Premiumone Realty

    (862) 214-7430

    74 Total Sales

    3 in Summit

    $1.1M - $1.8M Price Range

    Shuang Liang
     Section Image
  • Anita Vogel Real Estate Agent - Weichert Realtors, Montclair

    Anita Vogel

    Weichert Realtors, Montclair

    (862) 292-4859

    14 Total Sales

    2 in Summit

    $400,000 Price Range

    Anita Vogel
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,650,000 Chicago Title
$985,000 None Available
-- None Available
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $36,179 $809,200 $233,400 $575,800
2025 $36,179 $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

  • L

    Seller's Agent in 2022

    LINDA PECK

    PROMINENT PROPERTIES SIR

  • A

    Seller Co-Listing Agent in 2022

    ALLISON B LEES

    PROMINENT PROPERTIES SIR

  • S

    Buyer's Agent in 2022

    SUSAN ADLER

    KELLER WILLIAMS REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3766867

Garden State MLS

APN: 18-02804-0000-00003

New Jersey Union County Summit 07901

124 Prospect St, Summit, NJ

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