$1,100,000
SOLD NOV 2, 2025

172 Colonial Rd Summit, NJ 07901

3 Beds
2 Baths
-- Sq Ft
0.27 Acres

Recently Sold

11% Above List Price

67 Days on Market

About This Home

As of November 2025

This home is located at 172 Colonial Rd, Summit, NJ 07901 and is currently priced at $1,100,000. 172 Colonial Rd is a home located in Union County with nearby schools including L C Johnson Summit Middle School, Summit Sr High School, and Kent Place School.

Last Agent to Sell the Property

FREDERICK L. THOMAS III

QUALITY HOMES REAL ESTATE Brokerage Phone: 201-833-6001 Listed on: 08/27/2025

Last Buyer's Agent

Shuang Liang

PREMIUMONE REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,812

Lot Details

  • 0.27 Acre Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,812

Lot Details

0

Listing Details

  • County Name: Union
  • I D: 5380945
  • Attribution Contact: 201-833-6001
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 1.10

Lot Info

  • Lot Size: 65X182
  • Total Acres: 0.27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2025
Closed on
Oct 6, 2025
Sold by
Elm Louise Hales
Bought by
Chen Muye and Dong Yao
Seller's Agent
FREDERICK L. THOMAS III
QUALITY HOMES REAL ESTATE
Buyer's Agent
Shuang Liang
PREMIUMONE REALTY
List Price
$989,500
Sold Price
$1,100,000
Premium/Discount to List
$110,500
11.17%
Views
82

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-92.78%
Original Mortgage
$825,000
Outstanding Balance
$825,000
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$165,215

Purchase Details

Closed on
Jun 10, 1991
Bought by
Elm Louise Hales
Source: Public Records

Range of Values:

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

Date Type Sale Price Title Company
Bargain Sale Deed $1,100,000 Clear Skies Title
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $825,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/02/2025 11/02/25 Sold $1,100,000 +11.2% --
08/27/2025 08/27/25 For Sale $989,500 -- --
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 $10,812 $248,200 $158,300 $89,900
2024 $10,740 $248,200 $158,300 $89,900
2023 $10,740 $248,200 $158,300 $89,900
2022 $10,630 $248,200 $158,300 $89,900
2021 $10,715 $248,200 $158,300 $89,900
2020 $10,822 $248,200 $158,300 $89,900
2019 $10,834 $248,200 $158,300 $89,900
2018 $10,764 $248,200 $158,300 $89,900
2017 $10,834 $248,200 $158,300 $89,900
2016 $10,675 $248,200 $158,300 $89,900
2015 $10,467 $248,200 $158,300 $89,900
2014 $10,196 $248,200 $158,300 $89,900
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2025

    FREDERICK L. THOMAS III

    RE/MAX

  • Shuang Liang

    Buyer's Agent in 2025

    Shuang Liang

    PREMIUMONE REALTY

    (917) 327-7405

    1 in this area

    68 Total Sales

    Shuang Liang
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Map

Source: Garden State MLS

MLS Number: 3983390

Garden State MLS

APN: 18-01301-0000-00009

New Jersey Union County Summit 07901

172 Colonial Rd, Summit, NJ

Sold

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