NOT LISTED FOR SALE

20 Edgemont Ave Summit, NJ 07901

Estimated Value: $1,607,000 - $2,112,000

4 Beds
4 Baths
2,662 Sq Ft
$722/Sq Ft Est. Value

Last Sold July 17, 2020

Last sale price $1,250,000 $470 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $12,110/month

15 Days on Market

About This Home

As of July 2020

This home is located at 20 Edgemont Ave, Summit, NJ 07901 since 21 May 2020 and is currently estimated at $1,922,597, approximately $722 per square foot. This property was built in 1925. 20 Edgemont 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

Zander Oldendorp

COMPASS NEW JERSEY, LLC Brokerage Phone: 973-310-6816 Listed on: 05/21/2020

COMPASS NEW JERSEY, LLC

Last Buyer's Agent

Nickole Bello

COMPASS NEW JERSEY LLC

COMPASS NEW JERSEY LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,024

Year Built

  • Built in 1925

Lot Details

  • 0.3 Acre Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,024

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Year Built: 1925
  • County Name: Union
  • Street Number Display: 20
  • I D: 4982442
  • Modified: 2025-07-22
  • Number Images: 1
  • Attribution Contact: 973-310-6816
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 3.20

Lot Info

  • Lot Size: .304AC
  • Total Acres: 0.30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2020
Closed on
Jun 30, 2020
Sold by
Houston Andrew and Houston Elizabeth
Bought by
Krassy Nicholas A
Seller's Agent
Zander Oldendorp
COMPASS NEW JERSEY, LLC
Buyer's Agent
Nickole Bello
COMPASS NEW JERSEY LLC
List Price
$1,280,000
Sold Price
$1,250,000
Premium/Discount to List
-$30,000
-2.34%
Current Estimated Value
$1,845,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$595,204
Avg. Annual Appreciation
7.73%
Original Mortgage
$937,500
Outstanding Balance
$841,950
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$979,700

Purchase Details

Listed on
Mar 30, 2016
Closed on
Jul 5, 2016
Sold by
Joseph F Hunt
Bought by
Houston Rew & Houston Elizabeth
Seller's Agent
Deborah Lupton
PROMINENT PROPERTIES SIR
Buyer's Agent
KAREN HENDRIE
PROMINENT PROPERTIES SIR
List Price
$1,370,000
Sold Price
$1,300,000
Premium/Discount to List
-$70,000
-5.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.96%
Original Mortgage
$1,040,000
Interest Rate
3.48%

Purchase Details

Closed on
Jun 29, 2006
Sold by
Taggart William
Bought by
Hunt Joseph F and Hunt Barbara E

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
6.6%

Purchase Details

Closed on
Jan 14, 1998
Sold by
Rapuzzi Peter L and Rapuzzi Karen A
Bought by
Taggart William and Taggart Theresa E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
7.08%
Source: Public Records

Range of Values:

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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
Krassy Nicholas A $1,250,000 Old Republic Natl Ttl Ins Co
Houston Rew & Houston Elizabeth -- --
Hunt Joseph F $1,250,000 --
Taggart William $575,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krassy Nicholas A $937,500
Previous Owner Houston Rew & Houston Elizabeth $1,040,000
Previous Owner Houston Rew & Houston Elizabeth --
Previous Owner Houston Andrew $1,040,000
Previous Owner Hunt Joseph F $750,000
Previous Owner Taggart William $70,000
Previous Owner Taggart William $456,100
Previous Owner Taggart William $460,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2020 07/17/20 Sold $1,250,000 -2.3% $470 / Sq Ft
06/05/2020 06/05/20 Pending -- -- --
05/21/2020 05/21/20 For Sale $1,280,000 -1.5% $481 / Sq Ft
06/30/2016 06/30/16 Sold $1,300,000 -5.1% $488 / Sq Ft
05/14/2016 05/14/16 Pending -- -- --
03/30/2016 03/30/16 For Sale $1,370,000 -- $515 / 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 $23,024 $532,100 $273,600 $258,500
2023 $23,024 $532,100 $273,600 $258,500
2022 $22,790 $532,100 $273,600 $258,500
2021 $22,971 $532,100 $273,600 $258,500
2020 $23,200 $532,100 $273,600 $258,500
2019 $23,226 $532,100 $273,600 $258,500
2018 $23,077 $532,100 $273,600 $258,500
2017 $23,226 $532,100 $273,600 $258,500
2016 $22,886 $532,100 $273,600 $258,500
2015 $22,439 $532,100 $273,600 $258,500
2014 $21,859 $532,100 $273,600 $258,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3634102

Garden State MLS

APN: 18-02005-0000-00005