NOT LISTED FOR SALE

162 Summit Rd Florham Park, NJ 07932

Estimated Value: $3,042,000 - $3,829,000

5 Beds
6 Baths
9,300 Sq Ft
$361/Sq Ft Est. Value

Last Sold March 28, 2019

Last sale price $2,150,000 $231 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $21,080/month

73 Days on Market

Highlights

  • Home Theater
  • Sitting Area In Primary Bedroom
  • Family Room with Fireplace
  • Briarwood Elementary School Rated A-
  • Colonial Architecture
  • Wood Flooring

About This Home

As of March 2019

This custom built home will take your breath away. Enjoy over 9,000 luxurious sq ft of quality craftsmanship on 1.3 picturesque acres at end of a private cul-de-sac. Grand 2-story foyer.Gorgeous Gourmet kit w/ custom cabinetry, Subzero & Viking appl, lg center island & radiant floor opens to oversized FR w/ custom built-ins & gas FP. Addtl outdoor living space w/ bluestone covered patio. Mstr features tray ceiling, 2sided gas FP, lg sitting area, dressing area, 14x18 W/I closet w/ built-ins, & spa-like bath. Finished 3rd fl bonus RM w/ bath. Completely finished LL w/ 10ft ceilings includes, oversized FR w/ gas FP, custom built-ins, Media Rm, Office/BR, full Bath, custom wine cellar & access to garage. Extensive mouldings. 5 Units Heating/Cooling. Custom built to perfection

Last Agent to Sell the Property

Nicole Filippone

EXP REALTY, LLC Listed on: 06/11/2018

EXP REALTY, LLC

Last Buyer's Agent

Christopher Coccia

COCCIA REAL ESTATE GROUP, LLC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $33,254

Lot Details

  • 1.31 Acre Lot
  • Cul-De-Sac
  • Sprinkler System

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Home Under Construction
  • Colonial Architecture
  • Stone Siding
  • Siding
  • Composite Building Materials
  • Tile

Interior Spaces

  • 9,300 Sq Ft Home
  • Sound System
  • High Ceiling
  • Gas Fireplace
  • Thermal Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • 5 Fireplaces
  • Living Room
  • Breakfast Room
  • Formal Dining Room
  • Home Theater
  • Home Office
  • Library with Fireplace
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Self-Cleaning Oven
  • Recirculated Exhaust Fan
  • 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
  • Powder Room

Finished Basement

  • Walk-Out Basement
  • Exterior Basement Entry
  • Sump Pump
  • French Drain

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 Zoned Cooling and Heating System
  • Radiant Heating System
  • Underground Utilities
  • Gas Water Heater
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 2311-02101-0000-00027-0002-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$33,254

Lot Details

0

Parking

3

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built Description: Under Construction
  • County Name: Morris
  • Street Number Display: 162
  • Directions: Brooklake Rd, to Summit Rd. End of Summit Rd to "Seneca Heights". Last house in cul-de-sac on right
  • I D: 4801762
  • Modified: 2021-09-23
  • Number Images: 25
  • First Name: NICOLE
  • First Name3: CHRISTOPHER
  • Last Name: FILIPPONE
  • Last Name3: COCCIA
  • Office Phone3: 973-887-2500
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Bedroom 1, Gas Fireplace, Family Room, Library
  • Number of Fireplaces: 5
  • Appliances: Carbon Monoxide Detector, Generator-Built-In, Refrigerator, OvnWGas, CookGas, Dishwasher, Self Cleaning Oven, Water Softener-Own, Disposal, Kitchen Exhaust Fan, Sump Pump
  • Interior Amenities: Security System, High Ceilings, Stereo System, Smoke Detector
  • Number Rooms: 16
  • Bedrooms: 5
  • Master Bedroom Desc: Fireplace, Sitting Room, Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Bathrooms: 4.20
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Description: Walkout, French Drain, Finished
  • Basement Level Rooms: 1 Bedroom, Office, Outside Entrance, Bath(s) Other, Family Room, Media Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Center Island, Pantry, Eat-In Kitchen, Separate Dining Area
  • Kitchen Dim: 20x20
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Bedroom/Office
  • Other Room1 Dim: 19x18
  • Other Room1 Level: Basement
  • Other Room 2: Breakfast
  • Other Room2 Dim: 16x13
  • Other Room2 Level: First
  • Other Room 3: Library
  • Other Room3 Dim: 19x12
  • Other Room3 Level: First
  • Other Room 4: Media Room
  • Other Room4 Level: Basement
  • Level 1 Rooms: Breakfast Room, Foyer, Library, Living Room, Pantry, Dining Room, Powder Room, Family Room, Kitchen
  • Level 2 Rooms: Laundry Room, 4 Or More Bedrooms, SittngRm, Bath Main, Bath(s) Other
  • Level 3 Rooms: Bath(s) Other, RecRoom
  • Estimated Sq Ft: 9300
  • Phone: 973-376-8188

Exterior Features

  • Exterior Description: Composition Siding, Stone
  • Exterior Features: Underground Lawn Sprinkler, Patio, Thermal Windows/Doors
  • Roof Description: Asphalt Shingle

Garage/Parking

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

Utilities

  • Cooling: Multi-Zone Cooling, Central Air, 4 Units
  • Fuel Type: Gas-Natural
  • Heating: Radiant - Hot Water, 4 Units, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: All Underground
  • 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: 1.308 ACRES
  • Lot Description: Cul-De-Sac
  • Lot Identifier: 27.2
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 1.31

Tax Info

  • Tax Acres: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Assessor Parcel Number: 2311-02101-0000-00027-0002-
  • Tax Rate Amount: 1.473
  • Tax Rate Tax: *
  • Tax Rate Year: 2017
  • Tax Year Tax: *
  • Tax Year: 2017

MLS Schools

  • Grade School: Briarwood

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2023
Sold by
Hooyman Michael T and Hooyman Jamie
Bought by
Marchese John and Marchese Maria
Current Estimated Value
$3,360,267

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,138,171
Outstanding Balance
$1,115,646
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$1,935,092

Purchase Details

Listed on
Jun 11, 2018
Closed on
Mar 28, 2019
Sold by
R N J Contracting Llc
Bought by
Hooyman Michael T and Bossert Jamie
Seller's Agent
Nicole Filippone
EXP REALTY, LLC
Buyer's Agent
Christopher Coccia
COCCIA REAL ESTATE GROUP, LLC.
List Price
$2,299,000
Sold Price
$2,150,000
Premium/Discount to List
-$149,000
-6.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.60%
Original Mortgage
$1,935,000
Interest Rate
4.3%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Marchese John $3,000,000 None Listed On Document
Hooyman Michael T $2,150,000 Max Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marchese John $1,138,171
Previous Owner Hooyman Michael T $1,935,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2019 03/28/19 Sold $2,150,000 -6.5% $231 / Sq Ft
08/23/2018 08/23/18 Pending -- -- --
06/11/2018 06/11/18 For Sale $2,299,000 -- $247 / 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
2024 $33,254 $2,081,000 $630,800 $1,450,200
2023 $33,254 $2,081,000 $630,800 $1,450,200
2022 $31,896 $2,081,000 $630,800 $1,450,200
2021 $31,896 $1,993,500 $630,800 $1,362,700
2020 $31,238 $1,993,500 $630,800 $1,362,700
2019 $35,783 $2,323,600 $630,800 $1,692,800
2018 $35,110 $2,323,600 $630,800 $1,692,800
2017 $10,765 $730,800 $630,800 $100,000
2016 $9,039 $630,800 $630,800 $0
2015 $8,882 $630,800 $630,800 $0
2014 $3,896 $282,700 $282,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3478269

Garden State MLS

APN: 11-02101-0000-00027-02