$3,750,000
SOLD MAR 10, 2025

18 Dorchester Rd Summit, NJ 07901

5 Beds
7 Baths
3,307 Sq Ft
0.31 Acres

Recently Sold

$1,134 Per Sq Ft

3% Below List Price

15 Days on Market

About This Home

As of March 2025

This home is located at 18 Dorchester Rd, Summit, NJ 07901 and is currently priced at $3,750,000, approximately $1,133 per square foot. This property was built in 1965. 18 Dorchester Rd 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

Kim Cannon

PROMINENT PROPERTIES SIR Brokerage Phone: 908-273-8808 Listed on: 10/30/2024

Last Buyer's Agent

CYNTHIA BAKER

LOIS SCHNEIDER REALTOR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $41,574

Year Built

  • Built in 1965

Lot Details

  • 0.31 Acre Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 7 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$41,574

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Year Built: 1965
  • County Name: Union
  • Street Number Display: 18
  • I D: 5243028
  • Modified: 2025-03-10
  • Number Images: 0
  • Attribution Contact: 908-273-8808
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 6.10

Lot Info

  • Lot Size: .309
  • Total Acres: 0.31

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2024
Closed on
Feb 21, 2025
Sold by
Gange Michael and Gange Lisa
Bought by
Kaftal Max Daniel and Kaftal Holly Jane
Seller's Agent
Kim Cannon
PROMINENT PROPERTIES SIR
Buyer's Agent
CYNTHIA BAKER
LOIS SCHNEIDER REALTOR
List Price
$3,850,000
Sold Price
$3,750,000
Premium/Discount to List
-$100,000
-2.6%
Views
52
Current Estimated Value
$3,634,527

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$115,473
Avg. Annual Appreciation
-5.34%
Original Mortgage
$2,590,000
Outstanding Balance
$2,574,728
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$1,059,799

Purchase Details

Closed on
Aug 26, 2003
Sold by
Drummond Gregory
Bought by
Gange Michael and Gange Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
6.31%

Purchase Details

Closed on
Sep 7, 1999
Sold by
Drummond J Alan and Drummond Jane F
Bought by
Drummond Jane F
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
Deed $3,750,000 Fidelity National Title
Deed $3,750,000 Fidelity National Title
Deed $950,000 --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,590,000 New Conventional
Closed $2,590,000 New Conventional
Previous Owner $700,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2025 03/10/25 Sold $3,750,000 -2.6% $1,134 / Sq Ft
11/14/2024 11/14/24 Pending -- -- --
10/30/2024 10/30/24 For Sale $3,850,000 -- $1,164 / 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
2025 $41,574 $954,400 $278,100 $676,300
2024 $41,297 $954,400 $278,100 $676,300
2023 $41,297 $954,400 $278,100 $676,300
2022 $40,877 $954,400 $278,100 $676,300
2021 $24,823 $575,000 $278,100 $296,900
2020 $25,070 $575,000 $278,100 $296,900
2019 $25,099 $575,000 $278,100 $296,900
2018 $24,938 $575,000 $278,100 $296,900
2017 $25,099 $575,000 $278,100 $296,900
2016 $24,731 $575,000 $278,100 $296,900
2015 $24,248 $575,000 $278,100 $296,900
2014 $23,621 $575,000 $278,100 $296,900
Source: Public Records

Agents Affiliated with this Home

  • Kim Cannon

    Seller's Agent in 2025

    Kim Cannon

    PROMINENT PROPERTIES SIR

    (609) 947-4493

    98 in this area

    155 Total Sales

    Kim Cannon
    Section Image

  • C

    Buyer's Agent in 2025

    CYNTHIA BAKER

    LOIS SCHNEIDER REALTOR

See All Agents

Map

Source: Garden State MLS

MLS Number: 3931875

Garden State MLS

APN: 18-03006-0000-00010

New Jersey Union County Summit 07901

18 Dorchester Rd, Summit, NJ

This home is located at 18 Dorchester Rd, Summit, NJ 07901 and is currently priced at $3,750,000, approximately $1,133 per square foot. This property was built in 1965. 18 Dorchester Rd 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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