NOT LISTED FOR SALE

16 Oak Ridge Ave Summit, NJ 07901

Estimated Value: $1,806,000 - $1,948,000

6 Beds
4 Baths
-- Sq Ft
0.47 Acres

Last Sold July 15, 2024

Last sale price $1,800,000

Est. 5% increase in value since last sale

Current estimated payment $12,401/month

20 Days on Market

About This Home

As of July 2024

This home is located at 16 Oak Ridge Ave, Summit, NJ 07901 since 15 May 2024 and is currently estimated at $1,897,266. 16 Oak Ridge Ave 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

SILVIA GIANNI

COMPASS NEW JERSEY, LLC Brokerage Phone: 973-310-6816 Listed on: 05/15/2024

Last Buyer's Agent

lisa dennin

BROWN HARRIS STEVENS NEW JERSEY

BROWN HARRIS STEVENS NEW JERSEY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,058

Lot Details

  • 0.47 Acre Lot

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,058

Lot Details

0

Listing Details

  • County Name: Union
  • Street Number Display: 16
  • I D: 5288249
  • Modified: 2025-07-16
  • Number Images: 1
  • Attribution Contact: 973-310-6816
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 6
  • Bathrooms: 3.20

Lot Info

  • Lot Size: .472
  • Total Acres: 0.47

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2024
Closed on
Jul 8, 2024
Sold by
Weir Gordon and Weir Joanna
Bought by
Wolf Stephen and Grey Amanda
Seller's Agent
SILVIA GIANNI
COMPASS NEW JERSEY, LLC
Buyer's Agent
lisa dennin
BROWN HARRIS STEVENS NEW JERSEY
List Price
$1,699,000
Sold Price
$1,800,000
Premium/Discount to List
$101,000
5.94%
Views
90
Current Estimated Value
$1,898,678

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,678
Avg. Annual Appreciation
4.71%

Purchase Details

Listed on
Jan 10, 2019
Closed on
Jun 12, 2019
Sold by
Weber Rick and Weber Heidi
Bought by
Weir Gordon and Weir Joanna
Seller's Agent
MARJORIE CALLAHAN
LOIS SCHNEIDER REALTOR
Buyer's Agent
ALLISON B LEES
PROMINENT PROPERTIES SIR
List Price
$1,329,000
Sold Price
$1,100,000
Premium/Discount to List
-$229,000
-17.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.16%
Original Mortgage
$880,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 7, 1997
Sold by
Jaskolski Robert J and Jaskolski Sandra T
Bought by
Weber Rick and Weber Heidi
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
Wolf Stephen $1,800,000 Evident Title
Weir Gordon $1,100,000 Prestige Title Agency Inc
Weber Rick $585,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Weir Gordon $831,404
Previous Owner Weir Gordon $880,000
Previous Owner Weber Rick $320,000
Previous Owner Weber Rick $750,000
Previous Owner Weber Heidi H $150,000
Previous Owner Weber Rick A $99,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2024 07/15/24 Sold $1,800,000 +5.9% --
06/04/2024 06/04/24 Pending -- -- --
05/15/2024 05/15/24 For Sale $1,699,000 +54.5% --
06/13/2019 06/13/19 Sold $1,100,000 -17.2% --
04/15/2019 04/15/19 Pending -- -- --
01/10/2019 01/10/19 For Sale $1,329,000 -- --
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
2024 $24,058 $556,000 $358,400 $197,600
2023 $24,058 $556,000 $358,400 $197,600
2022 $23,813 $556,000 $358,400 $197,600
2021 $24,003 $556,000 $358,400 $197,600
2020 $24,242 $556,000 $358,400 $197,600
2019 $24,269 $556,000 $358,400 $197,600
2018 $24,114 $556,000 $358,400 $197,600
2017 $24,269 $556,000 $358,400 $197,600
2016 $23,914 $556,000 $358,400 $197,600
2015 $23,447 $556,000 $358,400 $197,600
2014 $25,281 $615,400 $358,400 $257,000
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2024

    SILVIA GIANNI

    COMPASS NEW JERSEY, LLC

  • l

    Buyer's Agent in 2024

    lisa dennin

    BROWN HARRIS STEVENS NEW JERSEY

    (973) 744-6033

    2 in this area

    48 Total Sales

    Section Image

  • M

    Seller's Agent in 2019

    MARJORIE CALLAHAN

    LOIS SCHNEIDER REALTOR

  • A

    Buyer's Agent in 2019

    ALLISON B LEES

    PROMINENT PROPERTIES SIR

See All Agents

Map

Source: Garden State MLS

MLS Number: 3902245

Garden State MLS

APN: 18-04501-0000-00034

New Jersey Union County Summit 07901

16 Oak Ridge Ave, Summit, NJ

This home is located at 16 Oak Ridge Ave, Summit, NJ 07901 since 15 May 2024 and is currently estimated at $1,897,266. 16 Oak Ridge Ave 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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