$2,375,000
SOLD JAN 10, 2025

21 Fernwood Rd Summit, NJ 07901

5 Beds
4 Baths
-- Sq Ft
0.36 Acres

Recently Sold

14 Days on Market

About This Home

As of January 2025

This home is located at 21 Fernwood Rd, Summit, NJ 07901 and is currently priced at $2,375,000. This property was built in 1924. 21 Fernwood 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

LISA BROWN

COLDWELL BANKER REALTY Brokerage Phone: 908-766-0808 Listed on: 10/30/2024

Last Buyer's Agent

Deborah Lupton

PROMINENT PROPERTIES SIR

PROMINENT PROPERTIES SIR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,775

Year Built

  • Built in 1924

Lot Details

  • 0.36 Acre Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,775

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Year Built: 1924
  • County Name: Union
  • Street Number Display: 21
  • I D: 5320787
  • Modified: 2025-09-08
  • Number Images: 1
  • Attribution Contact: 908-766-0808
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 3.20

Lot Info

  • Lot Size: 104X150
  • Total Acres: 0.36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2024
Closed on
Jan 6, 2025
Sold by
Elsevier John Patrick and Moona Ghotbi
Bought by
Barletta Kathryn Elizabeth
Seller's Agent
LISA BROWN
COLDWELL BANKER REALTY
Buyer's Agent
Deborah Lupton
PROMINENT PROPERTIES SIR
List Price
$2,375,000
Sold Price
$2,375,000
Views
40
Current Estimated Value
$2,477,484

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,484
Avg. Annual Appreciation
6.31%
Original Mortgage
$1,900,000
Outstanding Balance
$1,886,806
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$590,678

Purchase Details

Listed on
Mar 3, 2017
Closed on
Dec 1, 2017
Sold by
Forsell William J and Forsell Lynn D
Bought by
Elsevier John Patrick and Elsevier Monna Ghotbi
Seller's Agent
JACK QIZHAN YAO
REALMART REALTY
Buyer's Agent
MICHAEL AUER
COLDWELL BANKER REALTY
List Price
$1,595,000
Sold Price
$1,640,000
Premium/Discount to List
$45,000
2.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.35%
Original Mortgage
$600,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 15, 1994
Sold by
Parker T Richard and Parker Susan B
Bought by
Forsell William J and Forsell Lynn D
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 Type Sale Price Title Company
Deed $2,375,000 Old Republic Title
Deed $2,375,000 Old Republic Title
Deed $2,375,000 Old Republic Title
Deed $1,640,000 Nrt Title Agency Llc
Deed $665,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,900,000 New Conventional
Closed $1,900,000 New Conventional
Previous Owner $560,000 New Conventional
Previous Owner $600,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2025 01/10/25 Sold $2,375,000 0.0% --
11/14/2024 11/14/24 Pending -- -- --
10/31/2024 10/31/24 For Sale $2,375,000 +44.8% --
12/08/2017 12/08/17 Sold $1,640,000 +2.8% $469 / Sq Ft
11/06/2017 11/06/17 Pending -- -- --
03/03/2017 03/03/17 For Sale $1,595,000 -- $456 / 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 $30,775 $706,500 $358,000 $348,500
2024 $32,734 $706,500 $358,000 $348,500
2023 $32,734 $756,500 $358,000 $398,500
2022 $32,401 $756,500 $358,000 $398,500
2021 $32,658 $756,500 $358,000 $398,500
2020 $32,983 $756,500 $358,000 $398,500
2019 $33,021 $756,500 $358,000 $398,500
2018 $32,809 $756,500 $358,000 $398,500
2017 $33,021 $756,500 $358,000 $398,500
2016 $32,537 $756,500 $358,000 $398,500
2015 $31,902 $756,500 $358,000 $398,500
2014 $31,077 $756,500 $358,000 $398,500
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2025

    LISA BROWN

    COLDWELL BANKER REALTY

  • Deborah Lupton

    Buyer's Agent in 2025

    Deborah Lupton

    PROMINENT PROPERTIES SIR

    (201) 840-8898

    24 in this area

    38 Total Sales

    Deborah Lupton
    Section Image

  • J

    Seller's Agent in 2017

    JACK QIZHAN YAO

    REALMART REALTY

  • M

    Buyer's Agent in 2017

    MICHAEL AUER

    COLDWELL BANKER REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3932039

Garden State MLS

APN: 18-02302-0000-00007

New Jersey Union County Summit 07901

21 Fernwood Rd, Summit, NJ

This home is located at 21 Fernwood Rd, Summit, NJ 07901 and is currently priced at $2,375,000. This property was built in 1924. 21 Fernwood 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.

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