138 Summit Ave New Milford, NJ 07646
Estimated payment $4,559/month
Highlights
- Views to the East
- Corner Lot
- 3-minute walk to New Milford Prospect Park
- New Milford High School Rated A-
- En-Suite Primary Bedroom
About This Home
Welcome to this beautifully maintained and thoughtfully updated expanded Cape in the heart of New Milford. Blending classic charm with modern updates, this home offers the space and flexibility many buyers seek today. The sun-filled main level features a seamless flow between living and dining areas, leading to a spacious kitchen with ample cabinetry and workspace. A first-floor primary suite adds comfort and convenience with a full bath and generous closet space. Upstairs includes an additional railroad-style bedroom, full bath, large closet, storage, and a versatile bonus area ideal for remote work, guests, or flexible everyday use. The finished basement expands living space with a recreation area, additional bedroom, laundry, and storage. Recent updates include windows (2019–2020), boiler (2020), foundation sealing with French drain (2022), and 2025 improvements: deck, kitchen flooring, dishwasher, and wired smoke detectors, providing added peace of mind. Enjoy outdoor living on the updated deck, ideal for entertaining or relaxing. Additional features include a detached garage, corner lot setting, and close proximity to schools, parks, houses of worship, and NYC transportation. This move-in ready home offers space, versatility, and value in one of Bergen Countyâ€TMs most desirable communities.
Open House Schedule
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Sunday, April 26, 20261:00 to 4:00 pm4/26/2026 1:00:00 PM +00:004/26/2026 4:00:00 PM +00:00Add to Calendar
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $14,904
Lot Details
- 5,998 Sq Ft Lot
- Corner Lot
- Rectangular Lot
Parking
- 1 Car Garage
Bedrooms and Bathrooms
- 3 Bedrooms
- En-Suite Primary Bedroom
Schools
- Bf Gibbs Elementary School
- Deo Middle School
- NMHS High School
Additional Features
- Views to the East
- Heating System Uses Natural Gas
- Finished Basement
Listing and Financial Details
- Legal Lot and Block 8 / 1520
Map
Home Values in the Area
Average Home Value in this Area
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 | $13,675 | $684,300 | $384,000 | $300,300 |
| 2024 | $13,268 | $338,900 | $153,000 | $185,900 |
| 2023 | $12,617 | $338,900 | $153,000 | $185,900 |
| 2022 | $12,617 | $338,900 | $153,000 | $185,900 |
| 2021 | $12,363 | $338,900 | $153,000 | $185,900 |
| 2020 | $12,217 | $338,900 | $153,000 | $185,900 |
| 2019 | $11,079 | $312,700 | $153,000 | $159,700 |
| 2018 | $10,788 | $312,700 | $153,000 | $159,700 |
| 2017 | $10,569 | $312,700 | $153,000 | $159,700 |
| 2016 | $10,388 | $312,700 | $153,000 | $159,700 |
| 2015 | $10,178 | $312,700 | $153,000 | $159,700 |
| 2014 | $9,875 | $312,700 | $153,000 | $159,700 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/22/2026 04/22/26 | For Sale | $625,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $450,000 | -- | |
| Warranty Deed | $265,101 | -- | |
| Deed | $309,000 | -- | |
| Quit Claim Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Deed | $132,600 | -- | |
| Deed | $139,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $196,000 | No Value Available | |
| Previous Owner | $125,364 | No Value Available | |
| Previous Owner | $132,000 | FHA |
Source: New Jersey MLS
MLS Number: 26014235
APN: 38-01520-0000-00008
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Ask me questions while you tour the home.