NOT LISTED FOR SALE

25 Edgewood Rd Summit, NJ 07901

Estimated Value: $3,156,823 - $4,015,000

6 Beds
7 Baths
4,422 Sq Ft
$831/Sq Ft Est. Value

Last Sold May 17, 2019

Last sale price $2,650,000 $599 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $24,654/month

Highlights

  • Recreation Room
  • Tudor Architecture
  • Steam Shower
  • L C Johnson Summit Middle School Rated A+
  • Attic
  • Mud Room

About This Home

As of May 2019

This home is located at 25 Edgewood Rd, Summit, NJ 07901 since 17 May 2019 and is currently estimated at $3,676,274, approximately $831 per square foot. This property was built in 1931. 25 Edgewood 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

Susan Oldendorp

COMPASS NEW JERSEY, LLC Listed on: 05/17/2019

COMPASS NEW JERSEY, LLC

Last Buyer's Agent

CYNTHIA BAKER

LOIS SCHNEIDER REALTOR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,660

Year Built | Renovated

  • 1931 | 2019

Lot Details

  • 0.49

Parking

  • 2 Car Attached Garage

Home Design

  • Tudor Architecture
  • Updated or Remodeled
  • Brick Exterior Construction
  • Slate Roof
  • Wood Siding
  • Clapboard

Interior Spaces

  • Wood Burning Fireplace
  • Mud Room
  • Entrance Foyer
  • Family Room
  • Living Room
  • Formal Dining Room
  • Library
  • Recreation Room
  • Utility Room
  • Home Gym
  • Carbon Monoxide Detectors
  • Attic

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Gas Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Steam Shower
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Two Cooling Systems Mounted To A Wall/Window
  • Standard Electricity

Additional Features

  • Porch
  • 0.49 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 2918-03401-0000-00035-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,660

Year Built | Renovated

1931 | 2019

Lot Details

0

Parking

2

Listing Details

  • Style: Tudor
  • Primary Style: Tudor
  • Subproperty Type: Single Family
  • Year Built Description: Renovated
  • County Name: Union
  • Renovated Year: 2019
  • Street Number Display: 25
  • Directions: Springfield Ave to Edgewood Road
  • I D: 4896347
  • Modified: 2020-05-18
  • Number Images: 1
  • First Name: SUSAN
  • First Name3: CYNTHIA
  • Last Name: OLDENDORP
  • Last Name3: BAKER
  • Office Phone: 201-400-8714
  • Office Phone3: 908-376-2702
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1931
  • Year Renovated: 2019

Interior Features

  • Fireplace Description: Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Refrigerator, CookGas, Washer, Dishwasher, Disposal, Kitchen Exhaust Fan, Dryer, Microwave Oven, WineRefr
  • Number Rooms: 14
  • Bedrooms: 6
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Primary Bathroom Features: Stall Shower, Steam
  • Bathrooms: 5.20
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Description: Walkout, Finished, Full
  • Basement Level Rooms: MudRoom, Utility Room, Walkout, Exercise Room, Powder Room, Rec Room
  • Kitchen Area: Center Island, Pantry, Eat-In Kitchen, Separate Dining Area
  • Level 1 Rooms: 1 Bedroom, Laundry Room, MudRoom, Foyer, Library, Living Room, Pantry, Dining Room, Porch, Powder Room, Family Room, Kitchen
  • Level 2 Rooms: Laundry Room, 4 Or More Bedrooms, Bath Main, Bath(s) Other
  • Level 3 Rooms: 1 Bedroom, Attic, Bath(s) Other
  • Phone: 908-273-2991

Exterior Features

  • Exterior Description: Brick, Stucco, Clapboard, Wood
  • Roof Description: Slate

Garage/Parking

  • Garage Description: Finished Garage, Attached Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 5
  • Parking Driveway Description: 1 Car Width

Utilities

  • Cooling: Multi-Zone Cooling, 2 Units, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 2 Units, Forced Hot Air, Multi-Zone
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water

Schools

  • Elementary School: Lincoln-Hubbard
  • Middle School: Summit MS
  • High School: Summit HS
  • High School: Summit HS
  • Middle Jr High School: Summit MS

Lot Info

  • Lot Size: 110X195
  • Assessed Improvement Value: 302400
  • Assessed Land Value: 427600
  • Assessment: 730000
  • Easement: Unknown
  • Lot Identifier: 35
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.49
  • Zoning: residential

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 31660
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2918-03401-0000-00035-0000-
  • Tax Rate Amount: 4.337
  • Tax Rate Tax: *
  • Tax Rate Year: 2018
  • Tax Year Tax: *
  • Tax Year: 2018

MLS Schools

  • Grade School: Lincoln-Hubbard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2019
Closed on
Apr 25, 2019
Sold by
Oldendorp Zander and Oldendorp Elizabeth
Bought by
Gleason Mark and Gleason Lauren
Seller's Agent
Susan Oldendorp
COMPASS NEW JERSEY, LLC
Buyer's Agent
CYNTHIA BAKER
LOIS SCHNEIDER REALTOR
List Price
$2,650,000
Sold Price
$2,650,000
Total Days on Market
0
Current Estimated Value
$3,676,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,026,274
Avg. Annual Appreciation
3.53%
Original Mortgage
$2,120,000
Outstanding Balance
$1,868,794
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,399,684

Purchase Details

Closed on
Jul 18, 2018
Sold by
Forrester Susan C and Forrester Joe E
Bought by
Oldendorp Zander and Oldendorp Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 10, 2008
Sold by
Forrester Joe E and Forrester Susan C
Bought by
Forrester Susan C
Source: Public Records

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Range of Values:

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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
Gleason Mark $265,000 Simplicity Title Llc
Oldendorp Zander $1,350,000 Westcor Land Title Ins Co
Forrester Susan C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gleason Mark $500,000
Open Gleason Mark $2,120,000
Previous Owner Oldendorp Zander $108,000
Previous Owner Forrester Joe E $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2019 05/17/19 Sold $2,650,000 0.0% $599 / Sq Ft
05/17/2019 05/17/19 Pending -- -- --
05/17/2019 05/17/19 For Sale $2,650,000 -- $599 / 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 $48,912 $1,130,400 $427,600 $702,800
2023 $48,912 $1,130,400 $427,600 $702,800
2022 $48,415 $1,130,400 $427,600 $702,800
2021 $48,799 $1,130,400 $427,600 $702,800
2020 $49,285 $1,130,400 $427,600 $702,800
2019 $31,865 $730,000 $427,600 $302,400
2018 $31,660 $730,000 $427,600 $302,400
2017 $40,643 $931,100 $427,600 $503,500
2016 $40,047 $931,100 $427,600 $503,500
2015 $39,264 $931,100 $427,600 $503,500
2014 $38,250 $931,100 $427,600 $503,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3557944

Garden State MLS

APN: 18-03401-0000-00035