NOT LISTED FOR SALE

16 Oak Ridge Ave Summit, NJ 07901

Summit Area

Estimated Value: $1,943,000 - $2,374,000

6 Beds
4 Baths
-- Sq Ft
0.47 Acre Lot

Sale Details

Date Sold: July 15, 2024

Last sale price $1,800,000

Est. 20% increase in value since last sale

Current estimated payment $13,692 / mo

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 $2,151,430. 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

Lot Details

  • 20,473 Sq Ft Lot

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Lot Details

0.47 Acres

Listing Details

  • County Name: Union
  • I D: 5288249
  • 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

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
May 15, 2024
Closed on
Jul 8, 2024
Sold by
Bought by
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
$2,151,430

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$351,430
Avg. Annual Appreciation
9.43%

Purchase Details

Listed on
Jan 10, 2019
Closed on
Jun 12, 2019
Sold by
Bought by
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
0.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 7, 1997
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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

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
$1,800,000 Evident Title
$1,100,000 Prestige Title Agency Inc
$585,000 --
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 $880,000
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 Prior Sale
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% -- View Prior Sale
04/15/2019 04/15/19 Pending -- -- --
01/10/2019 01/10/19 For Sale $1,329,000 -- --
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 $24,859 $556,000 $358,400 $197,600
2025 $24,859 $556,000 $358,400 $197,600
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

    41 Total Sales

    lisa dennin
    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

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