NOT LISTED FOR SALE

160 Summit Rd Florham Park, NJ 07932

Estimated Value: $2,128,000 - $2,778,000

5 Beds
5.5 Baths
-- Sq Ft
1.2 Acres

Last Sold October 06, 2022

Last sale price $2,075,000

Est. 22% increase in value since last sale

Current estimated payment $16,273/month

111 Days on Market

Highlights

  • Sitting Area In Primary Bedroom
  • Colonial Architecture
  • High Ceiling
  • Briarwood Elementary School Rated A-
  • Wood Flooring
  • Game Room

About This Home

As of October 2022

Gorgeous new construction in prestigous Summit Woods development. Last home in Private 5 Home development. Over 5,000 sq feet on beautiful 1+acre lot. 5BR, 5.1 Baths Colonial w/ 1BR on 1st fl. Appx 800sq ft finished 3rd fl bonus/game room. Patio opens to large private backyard.Still time to customize the home to your liking! Home is approximately 6 months from completion

Last Agent to Sell the Property

Nicole Filippone

EXP REALTY, LLC Listed on: 11/10/2021

EXP REALTY, LLC

Last Buyer's Agent

Christian Rugel

X REALTY CORP.

X REALTY CORP.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,622

Year Built

  • Built in 2021 | Under Construction

Lot Details

  • 1.2 Acre Lot
  • Cul-De-Sac

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Stone Siding
  • Siding
  • Composite Building Materials
  • Tile

Interior Spaces

  • High Ceiling
  • Gas Fireplace
  • Family Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Library
  • Game Room
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Schools

  • Briarwood Elementary School
  • Ridgedale Middle School
  • Hanover Pk High School

Utilities

  • Forced Air Heating and Cooling System
  • Multiple Heating Units
  • Underground Utilities
  • Standard Electricity
  • Generator Hookup
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2311-02101-0000-00027-0001-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,622

Year Built

Built in 2021 | Under Construction

Lot Details

0

Parking

3

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 2021
  • Year Built Description: Under Construction
  • County Name: Morris
  • Street Number Display: 160
  • Directions: Brooklake Road to Summit Road. End of street into Summit Woods development. First house on Right #160
  • I D: 5113627
  • Modified: 2023-10-07
  • Number Images: 2
  • First Name: NICOLE
  • First Name3: CHRISTIAN
  • Last Name: FILIPPONE
  • Last Name3: RUGEL
  • Office Phone3: 908-686-1200
  • Attribution Contact: null
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Family Room, Gas Fireplace
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dishwasher, Generator-Hookup, Range/Oven-Gas, Refrigerator, Self Cleaning Oven, OvnWGas
  • Interior Amenities: High Ceilings, Security System, Smoke Detector, Walk-In Closet
  • Number Rooms: 11
  • Bedrooms: 5
  • Master Bedroom Desc: Full Bath, Sitting Room, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Bathrooms: 5.10
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Unfinished
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Center Island, Eat-In Kitchen, Pantry, Separate Dining Area
  • Kitchen Dim: 16x21
  • Kitchen Level: First
  • Other Room 1: Bedroom
  • Other Room1 Dim: 13x14
  • Other Room1 Level: First
  • Other Room 2: Library
  • Other Room2 Dim: 16x14
  • Other Room2 Level: First
  • Other Room 3: Breakfast
  • Other Room3 Dim: 14x12
  • Other Room3 Level: First
  • Other Room 4: Game Room
  • Other Room4 Level: Third
  • Level 1 Rooms: 1 Bedroom, Bath(s) Other, Breakfast Room, Dining Room, Family Room, Kitchen, Library
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other
  • Level 3 Rooms: GameRoom
  • Phone: 973-376-8188

Exterior Features

  • Exterior Description: Composition Siding, Stone
  • Exterior Features: Patio
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage, Garage Door Opener
  • Number Garage Spaces: 3
  • Parking Driveway Description: 2 Car Width, Blacktop

Utilities

  • Cooling: 3 Units, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 3 Units, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: All Underground, Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

  • Elementary School: Briarwood
  • Middle School: Ridgedale
  • High School: Hanover PK
  • High School: Hanover PK
  • Middle Jr High School: Ridgedale

Lot Info

  • Lot Size: 1.202 ACRES
  • Assessed Land Value: 589200
  • Assessment: 589200
  • Easement: Unknown
  • Lot Description: Cul-De-Sac
  • Lot Identifier: 27.01
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 1.20

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Assessor Parcel Number: 2311-02101-0000-00027-0001-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 1.567
  • Tax Rate Tax: *
  • Tax Rate Year: 2020
  • Tax Year Tax: *
  • Tax Year: 2020

MLS Schools

  • Grade School: Briarwood

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2021
Closed on
Oct 6, 2022
Sold by
Rnj Contracting Llc
Bought by
Lin Alexander Martin Koon and Tong Yuan
Seller's Agent
Nicole Filippone
EXP REALTY, LLC
Buyer's Agent
Christian Rugel
X REALTY CORP.
List Price
$1,975,000
Sold Price
$2,075,000
Premium/Discount to List
$100,000
5.06%
Current Estimated Value
$2,521,225

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$446,225
Avg. Annual Appreciation
5.17%
Original Mortgage
$1,660,000
Outstanding Balance
$1,587,746
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$807,506
Source: Public Records

Range of Values:

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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
Lin Alexander Martin Koon $2,075,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Alexander Martin Koon $1,660,000
Previous Owner R N J Contracting Llc $900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2022 10/06/22 Sold $2,075,000 +5.1% --
03/01/2022 03/01/22 Pending -- -- --
11/10/2021 11/10/21 For Sale $1,975,000 -- --
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 $29,622 $1,853,700 $589,200 $1,264,500
2023 $29,622 $1,853,700 $589,200 $1,264,500
2022 $9,427 $789,200 $589,200 $200,000
2021 $9,427 $589,200 $589,200 $0
2020 $9,233 $589,200 $589,200 $0
2019 $9,074 $589,200 $589,200 $0
2018 $8,903 $589,200 $589,200 $0
2017 $8,679 $589,200 $589,200 $0
2016 $8,443 $589,200 $589,200 $0
2015 $8,296 $589,200 $589,200 $0
2014 $3,860 $280,100 $280,100 $0
Source: Public Records

Agents Affiliated with this Home

  • Nicole Filippone

    Seller's Agent in 2022

    Nicole Filippone

    EXP REALTY, LLC

    (201) 787-0022

    3 in this area

    9 Total Sales

    Section Image
  • Christian Rugel

    Buyer's Agent in 2022

    Christian Rugel

    X REALTY CORP.

    (973) 876-2726

    1 in this area

    58 Total Sales

    Section Image
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Map

Source: Garden State MLS

MLS Number: 3751327

Garden State MLS

APN: 11-02101-0000-00027-01

New Jersey Morris County Florham Park 07932

160 Summit Rd, Florham Park, NJ

This home is located at 160 Summit Rd, Florham Park, NJ 07932 since 10 November 2021 and is currently estimated at $2,537,097. This property was built in 2021. 160 Summit Rd is a home located in Morris County with nearby schools including Briarwood Elementary School, Brooklake Elementary School, and Ridgedale Middle School.

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