NOT LISTED FOR SALE

24 Ridge Rd Summit, NJ 07901

Summit Area

Estimated Value: $4,997,000 - $5,410,621

8 Beds
7 Baths
-- Sq Ft
0.8 Acre Lot

Sale Details

Date Sold: September 6, 2023

Last sale price $4,500,000

Est. 17% increase in value since last sale

Current estimated payment $34,922 / mo

About This Home

As of September 2023

This home is located at 24 Ridge Rd, Summit, NJ 07901 since 06 September 2023 and is currently estimated at $5,265,874. This property was built in 1896. 24 Ridge 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

JILL BRAY

PROMINENT PROPERTIES SIR Brokerage Phone: 908-273-8808 Listed on: 09/06/2023

Last Buyer's Agent

CYNTHIA BAKER

LOIS SCHNEIDER REALTOR

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1896

Lot Details

  • 34,848 Sq Ft Lot

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 7 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 1896

Lot Details

0.8 Acres

Listing Details

  • Year Built: 1896
  • County Name: Union
  • I D: 5242961
  • Attribution Contact: 908-273-8808
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 8
  • Bathrooms: 6.10

Lot Info

  • Lot Size: 175X200
  • Total Acres: 0.80

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 27, 2023
Sold by
Bought by
Current Estimated Value
$5,265,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Outstanding Balance
$257,953
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$5,007,921

Purchase Details

Listed on
Apr 13, 2016
Closed on
Oct 4, 2016
Sold by
Bought by
Seller's Agent
Lisa Kulback
COLDWELL BANKER REALTY
Buyer's Agent
SHENEEZA ALI
THE GARIBALDI GROUP
List Price
$2,100,000
Sold Price
$1,650,000
Premium/Discount to List
-$450,000
-21.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.50%
Original Mortgage
$1,320,000
Interest Rate
3.5%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Summit, NJ

  • Donald Hansen Real Estate Agent - C-21 NEW BEGINNINGS

    Donald Hansen

    C-21 NEW BEGINNINGS

    (908) 503-2639

    61 Total Sales

    1 in Summit

    $400,000 Price

    Donald Hansen
     Section Image
  • Antje Virostek Real Estate Agent - RE/MAX SELECT - Rockaway

    Antje Virostek

    RE/MAX SELECT - Rockaway

    (551) 244-7405

    48 Total Sales

    1 in Summit

    $385,000 Price

    Antje Virostek
     Section Image
  • Pamela 'Jill' Sockwell Real Estate Agent - COMPASS NEW JERSEY, LLC

    Pamela 'Jill' Sockwell

    COMPASS NEW JERSEY, LLC

    (917) 634-3370

    141 Total Sales

    2 in Summit

    $805K - $999K Price Range

    Pamela 'Jill' Sockwell
     Section Image
  • Tricia Himawan Real Estate Agent - Weichert Realtors, Short Hills

    Tricia Himawan

    Weichert Realtors, Short Hills

    (862) 292-9012

    33 Total Sales

    1 in Summit

    $1,815,000 Price

    Tricia Himawan
     Section Image
  • Victoria Cannizzo Real Estate Agent - REAL

    Victoria Cannizzo

    REAL

    (862) 829-3427

    83 Total Sales

    4 in Summit

    $465K - $1.7M Price Range

    Victoria Cannizzo
     Section Image
  • Sean Quinn Real Estate Agent - COMPASS NEW JERSEY, LLC

    Sean Quinn

    COMPASS NEW JERSEY, LLC

    (862) 860-1996

    46 Total Sales

    1 in Summit

    $520,000 Price

    Sean Quinn
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$4,500,000 Simplicity Title
$1,650,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $270,000
Previous Owner $1,320,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/06/2023 09/06/23 Sold $4,500,000 0.0% --
09/06/2023 09/06/23 For Sale $4,500,000 +172.7% --
10/12/2016 10/12/16 Sold $1,650,000 -21.4% -- View Prior Sale
08/22/2016 08/22/16 Pending -- -- --
04/13/2016 04/13/16 For Sale $2,100,000 -- --
Source: Garden State MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $71,751 $1,604,800 $520,900 $1,083,900
2025 $71,751 $1,604,800 $520,900 $1,083,900
2024 $69,440 $1,604,800 $520,900 $1,083,900
2023 $69,440 $1,604,800 $520,900 $1,083,900
2022 $68,734 $1,604,800 $520,900 $1,083,900
2021 $77,706 $1,800,000 $520,900 $1,279,100
2020 $78,480 $1,800,000 $520,900 $1,279,100
2019 $78,570 $1,800,000 $520,900 $1,279,100
2018 $30,285 $698,300 $520,900 $177,400
2017 $41,808 $957,800 $520,900 $436,900
2016 $41,195 $957,800 $520,900 $436,900
2015 $40,390 $957,800 $520,900 $436,900
2014 $39,346 $957,800 $520,900 $436,900
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    JILL BRAY

    PROMINENT PROPERTIES SIR

  • C

    Buyer's Agent in 2023

    CYNTHIA BAKER

    LOIS SCHNEIDER REALTOR

  • Lisa Kulback Real Estate Agent - COLDWELL BANKER REALTY

    Seller's Agent in 2016

    Lisa Kulback

    COLDWELL BANKER REALTY

    (908) 230-5449

    129 Total Sales

    Lisa Kulback
    Section Image

  • S

    Buyer's Agent in 2016

    SHENEEZA ALI

    THE GARIBALDI GROUP

See All Agents

Map

Source: Garden State MLS

MLS Number: 3863139

Garden State MLS

APN: 18-02301-0000-00010

New Jersey Union County Summit 07901

24 Ridge Rd, Summit, NJ

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