NOT LISTED FOR SALE

181 Summit Ave Summit, NJ 07901

Estimated Value: $2,965,000 - $3,279,726

6 Beds
5 Baths
-- Sq Ft
26,136 Sq Ft Lot

Sale Details

Date Sold: December 15, 2025

Last sale price $2,975,000

Est. 4% increase in value since last sale

Current estimated payment $20,530 / mo

14 Days on Market

Highlights

  • Fireplace
  • L C Johnson Summit Middle School Rated A+
  • Laundry Room

About This Home

As of December 2025

This home is located at 181 Summit Ave, Summit, NJ 07901 since 09 October 2025 and is currently estimated at $3,105,682. 181 Summit Ave 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

Amy Spelker

COLDWELL BANKER REALTY Brokerage Phone: 973-377-4444 Listed on: 10/09/2025

COLDWELL BANKER REALTY

Last Buyer's Agent

Amy Spelker

COLDWELL BANKER REALTY Brokerage Phone: 973-377-4444 Listed on: 10/09/2025

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Lot Details

  • 26,136 Sq Ft Lot

Interior Spaces

  • Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Home Details

Home Type

Single Family

Lot Details

0.6 Acres

Listing Details

  • County Name: Union
  • I D: 5388166
  • Attribution Contact: 973-377-4444
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 6
  • Bathrooms: 4.20

Lot Info

  • Lot Size: 100X260
  • Total Acres: 0.60

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2025
Closed on
Dec 5, 2025
Sold by
Wyatt Elizabeth H S
Bought by
Rutstein Mark D and Rutstein Mesina A
Seller's Agent
Amy Spelker
COLDWELL BANKER REALTY
Buyer's Agent
Amy Spelker
COLDWELL BANKER REALTY
List Price
$2,995,000
Sold Price
$2,975,000
Premium/Discount to List
-$20,000
-0.67%
Views
87
Current Estimated Value
$3,105,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,682
Avg. Annual Appreciation
16.59%
Original Mortgage
$395,000
Outstanding Balance
$394,624
Interest Rate
6.23%
Mortgage Type
New Conventional
Estimated Equity
$2,711,058

Purchase Details

Closed on
Mar 19, 2012
Sold by
Luth John E and Wyatt Elizabeth H S
Bought by
Wyatt Elizabeth H S

Purchase Details

Closed on
Apr 2, 1997
Sold by
Wall Mary Susan and Helmrath Mary Susan
Bought by
Stone D Wyatt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
6.98%

Purchase Details

Closed on
Mar 22, 1995
Sold by
Mischel Ellis H and Mischel Judith E
Bought by
Stone Wyatt
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

Date Buyer Sale Price Title Company
Rutstein Mark D $2,975,000 Foundation Title
Wyatt Elizabeth H S -- Chicago Title Insurance Co
Stone D Wyatt $1,300,000 --
Luth John E $1,110,000 Chicago Title Insurance Co
Stone Wyatt $550,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rutstein Mark D $395,000
Previous Owner Luth John E $750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2025 12/15/25 Sold $2,975,000 -0.7% --
10/31/2025 10/31/25 Pending -- -- --
10/17/2025 10/17/25 For Sale $2,995,000 -- --
Source: Garden State MLS

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 $45,651 $1,048,000 $459,100 $588,900
2024 $45,347 $1,048,000 $459,100 $588,900
2023 $45,347 $1,048,000 $459,100 $588,900
2022 $44,886 $1,048,000 $459,100 $588,900
2021 $45,242 $1,048,000 $459,100 $588,900
2020 $45,693 $1,048,000 $459,100 $588,900
2019 $51,136 $1,171,500 $459,100 $712,400
2018 $50,808 $1,171,500 $459,100 $712,400
2017 $51,136 $1,171,500 $459,100 $712,400
2016 $50,386 $1,171,500 $459,100 $712,400
2015 $49,402 $1,171,500 $459,100 $712,400
2014 $48,125 $1,171,500 $459,100 $712,400
Source: Public Records

Agents Affiliated with this Home

  • Amy Spelker

    Seller's Agent in 2025

    Amy Spelker

    COLDWELL BANKER REALTY

    (201) 602-1132

    2 in this area

    78 Total Sales

    Amy Spelker
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Map

Source: Garden State MLS

MLS Number: 3991762

Garden State MLS

APN: 18-02301-0000-00004

New Jersey Union County Summit 07901

181 Summit Ave, Summit, NJ

Not Listed for Sale

Detached

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