NOT LISTED FOR SALE

251 Oak Ridge Ave Summit, NJ 07901

Estimated Value: $1,964,000 - $5,043,000

3 Beds
4 Baths
2,882 Sq Ft
$1,127/Sq Ft Est. Value

Last Sold September 16, 2020

Last sale price $1,600,000 $555 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $22,315/month

55 Days on Market

Highlights

  • Raised Ranch Architecture
  • Wood Flooring
  • 2 Fireplaces
  • L C Johnson Summit Middle School Rated A+
  • Main Floor Bedroom
  • Mud Room

About This Home

As of September 2020

Truly special meticulously renovated home in coveted neighborhood! The first floor of this expanded ranch has elegant formal living room, dining room with views of the breathtaking garden, custom eat -in kitchen, family room with handsome millwork and French doors to patio, fabulous master suite with built in closets. Second floor has two bedrooms, generously sized, and a full bathroom. There is attic space offering storage or room to expand. Finished lower level with half bath and laundry. Discreet and convenient elevator runs from basement to first floor. Newer multi-zone CAC and furnace, whole house generator and advanced security system. All this on stunning .5 acre property with patio surrounded by mature plantings. Coveted "Circle of Friends" neighborhood. An absolute gem!

Last Agent to Sell the Property

KAREN HENDRIE

PROMINENT PROPERTIES SIR Listed on: 06/04/2020

Last Buyer's Agent

Anthony Verducci Jr.

SERHANT NEW JERSEY LLC

SERHANT NEW JERSEY LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,154

Year Built

  • Built in 1960 | Remodeled

Lot Details

  • 0.55

Parking

  • 2 Car Attached Garage

Home Design

  • Raised Ranch Architecture
  • Wood Siding

Interior Spaces

  • 2 Fireplaces
  • Wood Burning Fireplace
  • Ventless Fireplace
  • Mud Room
  • Entrance Foyer
  • Family Room
  • Living Room
  • Formal Dining Room
  • Wood Flooring
  • Finished Basement
  • Sump Pump
  • Carbon Monoxide Detectors

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Powder Room

Schools

  • Brayton Elementary School
  • Summit Middle School
  • Summit High School

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Multiple Heating Units
  • Generator Hookup

Additional Features

  • Handicap Modified
  • Patio
  • 0.55 Acre Lot

Community Details

  • Elevator

Listing and Financial Details

  • Assessor Parcel Number 2918-05105-0000-00008-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,154

Year Built

Built in 1960 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Style: Raised Ranch
  • Primary Style: Raised Ranch
  • Subproperty Type: Single Family
  • Year Built: 1960
  • Year Built Description: Approximate, Renovated
  • County Name: Union
  • Exclusions: Master bedroom TV, kitchen chandelier
  • Handicap Modified: Yes
  • Renovated Year: 2008
  • Street Number Display: 251
  • Directions: Mountain to Druid to Surrey to Oak Ridge. Ashland to Silver Lake to Oak Ridge
  • I D: 4986325
  • Modified: 2021-09-23
  • Number Images: 25
  • First Name: KAREN
  • First Name3: ANTHONY J
  • Last Name: HENDRIE
  • Last Name3: VERDUCCI JR
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2008

Interior Features

  • Flooring: Wood
  • Fireplace Description: Gas Ventless, Wood Burning
  • Number of Fireplaces: 2
  • Appliances: Carbon Monoxide Detector, Central Vacuum, Dishwasher, Generator-Hookup, Kitchen Exhaust Fan, Microwave Oven, Range/Oven-Gas, Refrigerator, Sump Pump, OvnWGas
  • Interior Amenities: Carbon Monoxide Detector
  • Number Rooms: 9
  • Bedrooms: 3
  • Master Bedroom Desc: 1st Floor
  • Bedroom 1 Level: First
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Primary Bathroom Features: Stall Shower And Tub
  • Bathrooms: 2.20
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Description: Finished
  • Basement Level Rooms: Bath(s) Other
  • Dining Room Level: First
  • Family Room Level: First
  • Kitchen Area: Breakfast Bar, Eat-In Kitchen
  • Kitchen Dim: 25x11
  • Kitchen Level: First
  • Living Room Dim: 14x24
  • Living Room Level: First
  • Other Room 1: MudRoom
  • Other Room1 Dim: 8x7
  • Other Room1 Level: First
  • Level 1 Rooms: 1 Bedroom, Bath Main, Dining Room, Family Room, Foyer, Kitchen, Living Room, MudRoom, Powder Room
  • Level 2 Rooms: 2 Bedrooms, Bath(s) Other
  • Phone: 908-273-8808

Exterior Features

  • Exterior Description: Wood
  • Exterior Features: Patio
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 2
  • Parking Driveway Description: Blacktop

Utilities

  • Cooling: 2 Units
  • Fuel Type: Gas-Natural
  • Heating: 2 Units
  • Sewer: Public Sewer
  • Water: Public Water

Condo/Co-op/Association

  • Amenities: Elevator

Schools

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

Lot Info

  • Lot Size: 120X200
  • Assessed Improvement Value: 381600
  • Assessed Land Value: 469600
  • Assessment: 851200
  • Easement: Unknown
  • Lot Identifier: 8
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.55

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 37154
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2918-05105-0000-00008-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 4.365
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: Brayton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2020
Closed on
Sep 15, 2020
Sold by
Maurizi Christopher S and Last Will & Testament Of Flore
Bought by
Grant Michael A and Grant Valerie R
Seller's Agent
KAREN HENDRIE
PROMINENT PROPERTIES SIR
Buyer's Agent
Anthony Verducci Jr.
SERHANT NEW JERSEY LLC
List Price
$1,795,000
Sold Price
$1,600,000
Premium/Discount to List
-$195,000
-10.86%
Current Estimated Value
$3,247,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,647,977
Avg. Annual Appreciation
15.10%

Purchase Details

Closed on
Jan 9, 2006
Sold by
Kautz Caroline M
Bought by
Maurizi Florence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,620,000
Interest Rate
6.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Grant Michael A $1,600,000 Old Republic Natl Ttl Ins Co
Maurizi Florence $1,800,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maurizi Florence $1,620,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2020 09/16/20 Sold $1,600,000 -10.9% $555 / Sq Ft
07/29/2020 07/29/20 Pending -- -- --
06/04/2020 06/04/20 For Sale $1,795,000 -- $623 / 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 $61,141 $1,403,600 $469,600 $934,000
2024 $68,198 $1,403,600 $469,600 $934,000
2023 $68,198 $1,576,100 $469,600 $1,106,500
2022 $28,940 $675,700 $469,600 $206,100
2021 $29,170 $675,700 $469,600 $206,100
2020 $37,112 $851,200 $469,600 $381,600
2019 $37,155 $851,200 $469,600 $381,600
2018 $36,917 $851,200 $469,600 $381,600
2017 $37,155 $851,200 $469,600 $381,600
2016 $36,610 $851,200 $469,600 $381,600
2015 $35,895 $851,200 $469,600 $381,600
2014 $34,967 $851,200 $469,600 $381,600
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2020

    KAREN HENDRIE

    PROMINENT PROPERTIES SIR

  • A

    Buyer's Agent in 2020

    Anthony Verducci Jr.

    SERHANT NEW JERSEY LLC

    (973) 477-2220

    16 in this area

    136 Total Sales

    Anthony Verducci Jr.
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3637689

Garden State MLS

APN: 18-05105-0000-00008

New Jersey Union County Summit 07901

251 Oak Ridge Ave, Summit, NJ

This home is located at 251 Oak Ridge Ave, Summit, NJ 07901 since 04 June 2020 and is currently estimated at $3,247,977, approximately $1,126 per square foot. This property was built in 1960. 251 Oak Ridge Ave is a home located in Union County with nearby schools including L C Johnson Summit Middle School, Summit Sr High School, and Oak Knoll School of the Holy Child.

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