NOT LISTED FOR SALE

255 Oak Ridge Ave Summit, NJ 07901

Estimated Value: $2,649,000 - $3,151,000

5 Beds
4.5 Baths
3,267 Sq Ft
$879/Sq Ft Est. Value

Last Sold January 31, 2022

Last sale price $2,800,057 $857 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $18,226/month

8 Days on Market

Highlights

  • Custom Home
  • Family Room with Fireplace
  • Marble Flooring
  • L C Johnson Summit Middle School Rated A+
  • Recreation Room
  • Main Floor Bedroom

About This Home

As of January 2022

Stunning Custom Colonial completely gut renovated/seamlessly expanded in 2010 on fabulous, expansive property located in Upper Oak Ridge 'Circle Of Friends' neighborhood. Spacious & airy rooms, great natural light, high-end finishes throughout. Foyer opens to a large DR & LR w/gas FP. Stunning designer kitchen is fitted w/top-of-the-line appliances, breakfast area w/patio access, a walk-in pantry, nearby mud room w/direct entry from the att 2-car garage & convenient OFC/Laundry Rm. Kitchen opens to Family Rm w/gas FP & a tucked away wood paneled Library/2nd OFC. Elegant 1st flr Primary Suite w/LUX master BA, 2 WIC's w/organizer systems. On 2nd, 4BRs (3 en suite) all with large closets fitted w/organizer systems, plus walk-in attic storage, second laundry rm. Fin LL rec rm, craft rm & utility/storage spaces. Amazing, parklike level & fenced backyard surrounded by lush landscape for exceptional privacy. Conveniences & amenities include high end lighting throughout, custom trim/millwork/built-ins/doors/cabinetry, new hardware, upstairs/downstairs laundry rooms, audio/security systems, whole house generator, professionally designed walkways, hardscape/landscape & patio area...too much to list!. This house is DONE & move-in ready!

Last Agent to Sell the Property

Kim Cannon

PROMINENT PROPERTIES SIR Listed on: 12/03/2021

Last Buyer's Agent

CYNTHIA BAKER

LOIS SCHNEIDER REALTOR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,610

Year Built

  • Built in 1965

Lot Details

  • 0.62 Acre Lot
  • Fenced
  • Sprinkler System
  • Property is zoned R-15

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Private Driveway

Home Design

  • Custom Home
  • Colonial Architecture
  • Stone Siding
  • Siding
  • Composite Building Materials

Interior Spaces

  • Dry Bar
  • High Ceiling
  • Gas Fireplace
  • Thermal Windows
  • Shades
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Storage Room
  • Utility Room
  • Home Gym

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet
  • Stone
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Two Cooling Systems Mounted To A Wall/Window
  • Electric Air Filter
  • Multiple Heating Units
  • Radiant Heating System
  • Standard Electricity
  • Generator Hookup
  • Water Filtration System
  • Gas Water Heater
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 2918-05105-0000-00010-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,610

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial, Custom Home
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1965
  • Year Built Description: Approximate
  • County Name: Union
  • Exclusions: All window treatments and hardware; sconces in Bedroom 2; TV's included
  • Renovated Year: 2010
  • Street Number Display: 255
  • Directions: Oak Ridge Ave-Circle Of Friends
  • I D: 5117858
  • Modified: 2023-02-01
  • Number Images: 48
  • Section Subdiv Development: Upper Oak Ridge
  • First Name: KIM
  • First Name3: CYNTHIA
  • Last Name: CANNON
  • Last Name3: BAKER
  • Office Phone3: 908-376-2702
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2010

Interior Features

  • Flooring: Carpeting, Marble, Stone, Wood
  • Fireplace Description: Family Room, Gas Fireplace, Living Room
  • Number of Fireplaces: 2
  • Appliances: Carbon Monoxide Detector, Dishwasher, Disposal, Dryer, Generator-Built-In, Generator-Hookup, Microwave Oven, Range/Oven-Gas, Refrigerator, Sump Pump, Washer, Water Filter, Water Softener-Own, WineRefr
  • Interior Amenities: Bar-Dry, Carbon Monoxide Detector, Fire Alarm Sys, Fire Extinguisher, High Ceilings, Security System, Shades, Smoke Detector, Walk-In Closet
  • Number Rooms: 13
  • Bedrooms: 5
  • Master Bedroom Desc: 1st Floor, Full Bath, Walk-In Closet
  • Bedroom 1 Level: First
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Soaking Tub, Stall Shower
  • Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished, Full
  • Basement Level Rooms: Exercise Room, Rec Room, Storage Room, Utility Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: First
  • Family Room Level: First
  • Kitchen Area: Breakfast Bar, Center Island, Eat-In Kitchen
  • Kitchen Dim: 21x19
  • Kitchen Level: First
  • Living Room Dim: 22x15
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Dim: 15x12
  • Other Room1 Level: Second
  • Other Room 2: Foyer
  • Other Room2 Dim: 17x14
  • Other Room2 Level: First
  • Other Room 3: Office
  • Other Room3 Dim: 11x11
  • Other Room3 Level: First
  • Other Room 4: Rec Room
  • Other Room4 Dim: 29x13
  • Other Room4 Level: Basement
  • Level 1 Rooms: 1 Bedroom, Bath Main, Den, Dining Room, Family Room, Foyer, Kitchen, Laundry Room, Living Room, Office, Pantry, Powder Room
  • Level 2 Rooms: 4 Or More Bedrooms, Bath(s) Other, Laundry Room, Storage Room
  • Phone: 908-273-8808

Exterior Features

  • Exterior Description: Composition Siding, Stone
  • Exterior Features: Metal Fence, Patio, Sidewalk, Thermal Windows/Doors, Underground Lawn Sprinkler
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage, Garage Door Opener
  • Number Garage Spaces: 2
  • Parking Driveway Description: 2 Car Width, Blacktop, Driveway-Exclusive

Utilities

  • Cooling: 2 Units, Central Air, Elec Air Filter
  • Fuel Type: Gas-Natural
  • Heating: 2 Units, Forced Hot Air, Humidifr, Radiant - Electric
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

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: 105X225
  • Assessed Improvement Value: 286000
  • Assessed Land Value: 439000
  • Assessment: 725000
  • Easement: Unknown
  • Lot Identifier: 10
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.62
  • Zoning: R-15

Tax Info

  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 31610
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2918-05105-0000-00010-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 4.360
  • Tax Rate Tax: *
  • Tax Rate Year: 2020
  • Tax Year Tax: *
  • Tax Year: 2020

MLS Schools

  • Grade School: Brayton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2021
Closed on
Jan 27, 2022
Sold by
Mulcahy Solomon and Mulcahy Marianne
Bought by
J Wolfe Oak Llc
Seller's Agent
Kim Cannon
PROMINENT PROPERTIES SIR
Buyer's Agent
CYNTHIA BAKER
LOIS SCHNEIDER REALTOR
List Price
$2,599,000
Sold Price
$2,800,057
Premium/Discount to List
$201,057
7.74%
Current Estimated Value
$2,870,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,690
Avg. Annual Appreciation
-1.27%
Original Mortgage
$1,750,000
Outstanding Balance
$1,652,656
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$1,022,094

Purchase Details

Listed on
May 11, 2015
Closed on
May 11, 2015
Sold by
Sula Christopher P
Bought by
Solomon Elliott and Solomon Marianne
Seller's Agent
Kim Cannon
PROMINENT PROPERTIES SIR
Buyer's Agent
CYNTHIA MISTRETTA
COLDWELL BANKER REALTY
Sold Price
$2,395,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.35%

Purchase Details

Closed on
Jun 24, 2009
Sold by
Sayre Austin B and Sayre Martha B
Bought by
Sula Christopher P and Sula Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$725,000
Interest Rate
4.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 14, 1999
Sold by
Twomey Barry C and Twomey Melinda M
Bought by
Sayre Austin B and Sayre Martha B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.02%
Source: Public Records

Range of Values:

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Average Value
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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
Solomon Elliott $2,395,000 --
Sula Christopher P $1,500,000 First American Title Ins Co
Sayre Austin B $860,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sula Christopher P $725,000
Previous Owner Sayre Austin B $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2022 01/31/22 Sold $2,800,057 +7.7% $857 / Sq Ft
12/11/2021 12/11/21 Pending -- -- --
12/03/2021 12/03/21 For Sale $2,599,000 +8.5% $796 / Sq Ft
05/11/2015 05/11/15 Sold $2,395,000 -- $733 / 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 $31,371 $725,000 $439,000 $286,000
2023 $31,371 $725,000 $439,000 $286,000
2022 $31,052 $725,000 $439,000 $286,000
2021 $31,298 $725,000 $439,000 $286,000
2020 $31,610 $725,000 $439,000 $286,000
2019 $31,646 $725,000 $439,000 $286,000
2018 $31,443 $725,000 $439,000 $286,000
2017 $31,646 $725,000 $439,000 $286,000
2016 $31,182 $725,000 $439,000 $286,000
2015 $30,573 $725,000 $439,000 $286,000
2014 $29,783 $725,000 $439,000 $286,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3754510

Garden State MLS

APN: 18-05105-0000-00010