NOT LISTED FOR SALE

16 Blackburn Rd Summit, NJ 07901

Estimated Value: $2,028,000 - $2,929,000

5 Beds
5 Baths
1,713 Sq Ft
$1,433/Sq Ft Est. Value

Last Sold December 03, 2021

Last sale price $2,000,000 $1,168 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $14,968/month

22 Days on Market

About This Home

As of December 2021

This home is located at 16 Blackburn Rd, Summit, NJ 07901 since 26 September 2021 and is currently estimated at $2,454,593, approximately $1,432 per square foot. This property was built in 1925. 16 Blackburn Rd is a home located in Union County with nearby schools including L C Johnson Summit Middle School, Summit Sr High School, and Oak Knoll School of the Holy Child.

Last Agent to Sell the Property

DIANE TERRY

KELLER WILLIAMS REALTY Brokerage Phone: 908-273-2991 Listed on: 09/26/2021

Last Buyer's Agent

JEANNE ROGALIN

KELLER WILLIAMS REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,453

Year Built

  • Built in 1925

Lot Details

  • 0.34

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,453

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Year Built: 1925
  • County Name: Union
  • Street Number Display: 16
  • I D: 5105636
  • Modified: 2025-07-21
  • Number Images: 0
  • Attribution Contact: 908-273-2991
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 4.10

Lot Info

  • Lot Size: .344

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2010
Sold by
Oatman Thomas and Oatman Gretchen
Bought by
Arnold Craig S and Arnold Sarah S
Current Estimated Value
$2,454,593

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$564,000
Outstanding Balance
$380,581
Interest Rate
5.11%
Mortgage Type
Stand Alone First
Estimated Equity
$2,074,012

Purchase Details

Closed on
Jan 24, 2001
Sold by
Speckhart Mark
Bought by
Oatman Thomas and Oatman Gretchen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$557,600
Interest Rate
7.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 2, 1998
Sold by
Ridgway Cornelia R
Bought by
Speckhart Mark J and Speckhart Danielle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
7.02%

Purchase Details

Closed on
May 26, 1995
Sold by
Scherer Bonny M and Scherer Edith Bonny
Bought by
Ridgeway Cornelia R
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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 Buyer Sale Price Title Company
Arnold Craig S $951,000 First American Title Ins Co
Oatman Thomas $697,000 --
Speckhart Mark J $485,000 Commonwealth Land Title Ins
Ridgeway Cornelia R $332,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arnold Craig S $564,000
Previous Owner Oatman Thomas $557,600
Previous Owner Speckhart Mark J $388,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2021 12/03/21 Sold $2,000,000 0.0% $1,168 / Sq Ft
10/22/2021 10/22/21 Pending -- -- --
09/29/2021 09/29/21 For Sale $2,000,000 -- $1,168 / 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 $23,453 $538,400 $205,900 $332,500
2024 $23,297 $538,400 $205,900 $332,500
2023 $23,297 $538,400 $205,900 $332,500
2022 $23,060 $538,400 $205,900 $332,500
2021 $23,243 $538,400 $205,900 $332,500
2020 $23,474 $538,400 $205,900 $332,500
2019 $23,501 $538,400 $205,900 $332,500
2018 $17,569 $405,100 $205,900 $199,200
2017 $17,683 $405,100 $205,900 $199,200
2016 $17,423 $405,100 $205,900 $199,200
2015 $17,083 $405,100 $205,900 $199,200
2014 $16,642 $405,100 $205,900 $199,200
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    DIANE TERRY

    KELLER WILLIAMS REALTY

  • J

    Buyer's Agent in 2021

    JEANNE ROGALIN

    KELLER WILLIAMS REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3742844

Garden State MLS

APN: 18-01809-0000-00008

New Jersey Union County Summit 07901

16 Blackburn Rd, Summit, NJ

This home is located at 16 Blackburn Rd, Summit, NJ 07901 since 26 September 2021 and is currently estimated at $2,454,593, approximately $1,432 per square foot. This property was built in 1925. 16 Blackburn Rd is a home located in Union County with nearby schools including L C Johnson Summit Middle School, Summit Sr High School, and Oak Knoll School of the Holy Child.

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