NOT LISTED FOR SALE

234 Summit Ave Summit, NJ 07901

Estimated Value: $2,340,505 - $3,004,000

5 Beds
3.5 Baths
-- Sq Ft
0.46 Acres

Last Sold January 22, 2016

Last sale price $1,630,000

Est. 66% increase in value since last sale

Current estimated payment $16,400/month

39 Days on Market

Highlights

  • Spa
  • Colonial Architecture
  • Recreation Room
  • L C Johnson Summit Middle School Rated A+
  • Family Room with Fireplace
  • Wood Flooring

About This Home

As of January 2016

You will quickly discover that this completely updated English style colonial home has it all. Master Bedroom suite with huge custom walk-in closet and dedicated wrap-around balcony. Gigantic Family Room with wet bar, gas fireplace and dual French Doors that open out to a pergola with fountain, paver stone patio, and in-ground Jacuzzi. The secluded backyard is completely fenced, professionally landscaped with stone walls and offers the utmost in privacy. The Kitchen features stainless appliances, center island ample seating . Other key features are recent central air conditioning system, updated Baths, radiant heated floors, custom built-ins and much more.

Last Agent to Sell the Property

SCOTT J. MENNIG

KELLER WILLIAMS REALTY Listed on: 10/02/2015

Last Buyer's Agent

Noreen Ryan

TURPIN REAL ESTATE, INC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,540

Year Built

  • Built in 1929 | Remodeled

Lot Details

  • 0.46 Acre Lot
  • Privacy Fence
  • Wood Fence
  • Level Lot
  • Open Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Inside Entrance
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Slate Roof
  • Stone Siding
  • Tile

Interior Spaces

  • Wet Bar
  • Ceiling Fan
  • Thermal Windows
  • Drapes & Rods
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Utility Room
  • Fire and Smoke Detector
  • Attic

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Recirculated Exhaust Fan
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Dressing Area
  • Powder Room
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Sump Pump

Outdoor Features

  • Spa
  • Patio
  • Porch

Schools

  • Lincoln-Hubbard Elementary School
  • Summit Middle School
  • Summit High School

Utilities

  • Central Air
  • One Cooling System Mounted To A Wall/Window
  • Radiator
  • Baseboard Heating
  • Radiant Heating System
  • Generator Hookup
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2918-02005-0000-00009-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,540

Year Built

Built in 1929 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1929
  • Year Built Description: Renovated
  • County Name: Union
  • Exclusions: see listing agent
  • Directions: Route 24 or Springfield Avenue to Summit Avenue.
  • I D: 4572587
  • Section Subdiv Development: Northside
  • First Name: SCOTT J.
  • First Name3: NOREEN
  • Last Name: MENNIG
  • Last Name3: RYAN
  • Office Phone: 908-273-2991
  • Office Phone3: 268643
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2011

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Family Room, Living Room
  • Number of Fireplaces: 2
  • Appliances: OvnWElec, Generator-Hookup, Refrigerator, CookGas, Washer, Dishwasher, Self Cleaning Oven, Kitchen Exhaust Fan, Dryer, Sump Pump
  • Interior Amenities: Whirlpool, Bar-Wet, Smoke Detector, Drapes, Security System, Walk-In Closet
  • Bedrooms: 5
  • Master Bedroom Desc: Dressing Room, Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Stall Shower And Tub
  • Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Full, Walkout, Finished
  • Basement Level Rooms: 1 Bedroom, Foyer, Utility Room, Bath(s) Other, Laundry Room, Rec Room, Inside Entrance, Outside Entrance
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: First
  • Family Room Level: First
  • Kitchen Area: Center Island, Eat-In Kitchen
  • Kitchen Dim: 16x20
  • Kitchen Level: First
  • Living Room Dim: 15x24
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Dim: 14x9
  • Other Room1 Level: Basement
  • Other Room 2: Rec Room
  • Other Room2 Dim: 22x34
  • Other Room2 Level: Basement
  • Other Room 3: Laundry Room
  • Other Room3 Dim: 9x8
  • Other Room3 Level: Basement
  • Other Room 4: Foyer
  • Other Room4 Dim: 14x12
  • Other Room4 Level: Basement
  • Level 1 Rooms: Foyer, Office, Living Room, Family Room, Kitchen, Dining Room, Powder Room
  • Level 2 Rooms: Bath Main, 4 Or More Bedrooms, Bath(s) Other
  • Level 3 Rooms: Attic
  • Phone: 908-273-2991

Exterior Features

  • Exterior Description: Stone
  • Exterior Features: Barbeque, Open Porch(es), Wood Fence, Thermal Windows/Doors, Hot Tub, Patio, Underground Lawn Sprinkler, Privacy Fence
  • Roof Description: Slate

Garage/Parking

  • Garage Description: Garage Door Opener, Built-In Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 6
  • Parking Driveway Description: 2 Car Width, Blacktop

Utilities

  • Cooling: 1 Unit, Ceiling Fan, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Radiators - Steam, Baseboard - Cast Iron, Radiant - Hot Water
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

  • High School: Summit HS
  • Middle Jr High School: Summit MS

Lot Info

  • Lot Size: 100X200
  • Easement: Unknown
  • Lot Description: Open Lot, Level Lot
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.46
  • Zoning: Residential

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 20540
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2918-02005-0000-00009-0000-
  • Tax Rate Amount: 4.108
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2015

MLS Schools

  • Grade School: Lincoln-Hubbard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2015
Closed on
Jan 12, 2016
Sold by
Matheson Beth
Bought by
Teng Edward and Teng Carol P
Seller's Agent
SCOTT J. MENNIG
KELLER WILLIAMS REALTY
Buyer's Agent
Noreen Ryan
TURPIN REAL ESTATE, INC.
List Price
$1,695,000
Sold Price
$1,630,000
Premium/Discount to List
-$65,000
-3.83%
Current Estimated Value
$2,702,835

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,072,835
Avg. Annual Appreciation
5.28%
Original Mortgage
$1,304,000
Outstanding Balance
$1,037,777
Interest Rate
3.98%
Mortgage Type
New Conventional
Estimated Equity
$1,665,058
Source: Public Records

Range of Values:

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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
Teng Edward $1,630,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Teng Edward $1,304,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/22/2016 01/22/16 Sold $1,630,000 -3.8% --
11/10/2015 11/10/15 Pending -- -- --
10/02/2015 10/02/15 For Sale $1,695,000 -- --
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 $25,857 $593,600 $313,300 $280,300
2024 $25,685 $593,600 $313,300 $280,300
2023 $25,685 $593,600 $313,300 $280,300
2022 $25,424 $593,600 $313,300 $280,300
2021 $25,626 $593,600 $313,300 $280,300
2020 $25,881 $593,600 $313,300 $280,300
2019 $25,911 $593,600 $313,300 $280,300
2018 $25,744 $593,600 $313,300 $280,300
2017 $25,911 $593,600 $313,300 $280,300
2016 $21,505 $500,000 $313,300 $186,700
2015 $21,085 $500,000 $313,300 $186,700
2014 $20,540 $500,000 $313,300 $186,700
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2016

    SCOTT J. MENNIG

    KELLER WILLIAMS REALTY

  • Noreen Ryan

    Buyer's Agent in 2016

    Noreen Ryan

    TURPIN REAL ESTATE, INC.

    (973) 477-1086

    2 in this area

    42 Total Sales

    Noreen Ryan
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3257545

Garden State MLS

APN: 18-02005-0000-00009

New Jersey Union County Summit 07901

234 Summit Ave, Summit, NJ

Not Listed for Sale

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