NOT LISTED FOR SALE

2 Ridgedale Ave Summit, NJ 07901

Estimated Value: $968,000 - $1,036,992

3 Beds
2 Baths
1,354 Sq Ft
$740/Sq Ft Est. Value

Last Sold August 15, 2024

Last sale price $975,000 $720 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $6,070/month

10 Days on Market

About This Home

As of August 2024

This home is located at 2 Ridgedale Ave, Summit, NJ 07901 since 19 June 2024 and is currently estimated at $1,002,248, approximately $740 per square foot. This property was built in 1951. 2 Ridgedale Ave 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

Elizabeth Pryma

PROMINENT PROPERTIES SIR Brokerage Phone: 908-273-8808 Listed on: 06/19/2024

PROMINENT PROPERTIES SIR

Co-Listed By

ALLISON B LEES

PROMINENT PROPERTIES SIR Brokerage Phone: 908-273-8808

Last Buyer's Agent

Stephanie Mallios

COMPASS NEW JERSEY, LLC

COMPASS NEW JERSEY, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1951

Lot Details

  • 7,841 Sq Ft Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Year Built: 1951
  • County Name: Union
  • I D: 5293565
  • Attribution Contact: 908-273-8808
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 2.00

Lot Info

  • Lot Size: .184
  • Total Acres: 0.18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2024
Closed on
Aug 12, 2024
Sold by
Lagorce Tammy Foster
Bought by
Benjamin James and Shah Chandni
Seller's Agent
Elizabeth Pryma
PROMINENT PROPERTIES SIR
Buyer's Agent
Stephanie Mallios
COMPASS NEW JERSEY, LLC
List Price
$815,000
Sold Price
$975,000
Premium/Discount to List
$160,000
19.63%
Views
48
Current Estimated Value
$1,002,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,248
Avg. Annual Appreciation
2.02%
Original Mortgage
$766,550
Outstanding Balance
$758,008
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$244,240

Purchase Details

Listed on
May 30, 2014
Closed on
May 20, 2014
Sold by
Luckner Steven J and Luckner Tracey R
Bought by
Lagorce Tammy Foster
Buyer's Agent
Debbie Woerner
COLDWELL BANKER REALTY
Sold Price
$573,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.33%

Purchase Details

Closed on
Mar 29, 2001
Sold by
Mazzeo Michael P and Mazzeo Dawn S
Bought by
Luckner Steven J and Luckner Tracey R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.67%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 12, 1999
Sold by
Delia John E and Delia Maria C
Bought by
Mazzeo Michael P and Mazzeo Dawn S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
7.54%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Aug 8, 1996
Sold by
Delia John and Delia Maria
Bought by
Delia John
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Benjamin James $975,000 Fidelity National Title
Benjamin James $975,000 Fidelity National Title
Lagorce Tammy Foster $573,500 None Available
Luckner Steven J $345,000 --
Mazzeo Michael P $295,000 First American Title Ins Co
Delia John -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Benjamin James $766,550
Closed Benjamin James $766,550
Previous Owner Luckner Steven J $50,000
Previous Owner Luckner Steven J $275,000
Previous Owner Mazzeo Michael P $236,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/15/2024 08/15/24 Sold $975,000 +19.6% $720 / Sq Ft
06/29/2024 06/29/24 Pending -- -- --
06/19/2024 06/19/24 For Sale $815,000 +42.1% $602 / Sq Ft
05/30/2014 05/30/14 Sold $573,500 -- $424 / Sq Ft View Prior Sale
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 $9,827 $225,600 $102,100 $123,500
2024 $9,762 $225,600 $102,100 $123,500
2023 $9,762 $225,600 $102,100 $123,500
2022 $9,662 $225,600 $102,100 $123,500
2021 $9,739 $225,600 $102,100 $123,500
2020 $9,836 $225,600 $102,100 $123,500
2019 $9,847 $225,600 $102,100 $123,500
2018 $9,784 $225,600 $102,100 $123,500
2017 $9,847 $225,600 $102,100 $123,500
2016 $9,703 $225,600 $102,100 $123,500
2015 $9,514 $225,600 $102,100 $123,500
2014 $9,268 $208,200 $102,100 $106,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3908853

Garden State MLS

APN: 18-04204-0000-00044