NOT LISTED FOR SALE

255 Summit Ave Summit, NJ 07901

Estimated Value: $3,689,000 - $4,347,000

7 Beds
6.5 Baths
7,000 Sq Ft
$568/Sq Ft Est. Value

Last Sold March 27, 2017

Last sale price $2,600,000 $371 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $25,439/month

163 Days on Market

Highlights

  • Colonial Architecture
  • Family Room with Fireplace
  • Marble Flooring
  • L C Johnson Summit Middle School Rated A+
  • Recreation Room
  • Jetted Tub in Primary Bathroom

About This Home

As of March 2017

BRAND NEW CUSTOM COLONIAL -Tremendous attention to detail with impressive curb appeal on the "north-side", 3 levels of living space - Lincoln School. Less than 1 mile to town/train.Sidewalk in front Expansive entrance foyer. Gorgeous chefs kit w/Wolfe-Sub Zero s/s appls, large center island, custom cabinetry & quartz tops, butler's pantry and mudrm/side entrance. Open floor plan. French drs from kitchen lead out to blue stone patio. FR features coffered ceiling and fireplace. 1st floor guest ste/office & full bath. 2nd flr features a bright and elegant master suite w/ luxury bath & huge walk-in closets w/custom built-ins. 4 addtl beds (2) en-ste and 2 share jack & jill bath. Hardwood floors thruout 1 & 2 levels. Full finished lower level incl nanny ste., great room, rec rm. No detail has been overlooked!

Last Agent to Sell the Property

DIANE TERRY

KELLER WILLIAMS REALTY Listed on: 08/10/2016

Last Buyer's Agent

AMY BURAKOVSKY

KELLER WILLIAMS REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $47,532

Year Built

  • Built in 2016 | Under Construction

Lot Details

  • 0.66 Acre Lot

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Wood Siding

Interior Spaces

  • 7,000 Sq Ft Home
  • High Ceiling
  • Wood Burning Fireplace
  • Gas Fireplace
  • Thermal Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Great Room
  • Family Room with entrance to outdoor space
  • Living Room with Fireplace
  • Formal Dining Room
  • Recreation Room
  • Utility Room
  • Laundry Room
  • Home Gym
  • Attic

Kitchen

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

Flooring

  • Wood
  • Wall to Wall Carpet
  • Stone
  • Marble

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • In-Law or Guest Suite
  • Jetted Tub in Primary Bathroom
  • Separate Shower

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Porch

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2918-02105-0000-00016-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$47,532

Year Built

Built in 2016 | Under Construction

Lot Details

0

Parking

3

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 2016
  • Year Built Description: Under Construction
  • County Name: Union
  • Easements Description: side sewer
  • Street Number Display: 255
  • Directions: Summit Avenue on left side (between Hillcrest and OxBow)
  • I D: 4647245
  • Modified: 2021-09-23
  • Number Images: 22
  • Section Subdiv Development: North side
  • First Name: DIANE
  • First Name3: AMY
  • Last Name: TERRY
  • Last Name3: BURAKOVSKY
  • Office Phone3: 973-886-5432
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Stone, Marble, Wood
  • Fireplace Description: Gas Fireplace, Family Room, Living Room, Wood Burning
  • Number of Fireplaces: 2
  • Appliances: Carbon Monoxide Detector, Central Vacuum, Range/Oven-Gas, OvnWElec, Refrigerator, Dishwasher, Disposal, Kitchen Exhaust Fan, Microwave Oven, Sump Pump
  • Interior Amenities: JacuzTyp, Walk-In Closet, Fire Alarm Sys, Security System, Fire Extinguisher, Carbon Monoxide Detector, High Ceilings
  • Number Rooms: 14
  • Bedrooms: 7
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: First
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Stall Shower, Jetted Tub
  • Bathrooms: 6.10
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Full, Finished
  • Basement Level Rooms: 1 Bedroom, Bath(s) Other, Exercise Room, Rec Room, Foyer, Utility Room, Great Room
  • Dining Room Level: Second
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • In Law Suite: Yes
  • In Law Suite Description: Bedroom 1, Full Bath
  • Kitchen Area: Center Island, Separate Dining Area, Pantry, Eat-In Kitchen
  • Kitchen Dim: 31x17
  • Kitchen Level: First
  • Living Room Dim: 17x14
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Dim: 17x14
  • Other Room1 Level: Second
  • Other Room 2: Bedroom
  • Other Room2 Dim: 12x14
  • Other Room2 Level: Second
  • Other Room 3: Rec Room
  • Other Room3 Dim: 14x24
  • Other Room3 Level: Basement
  • Other Room 4: Great Room
  • Other Room4 Dim: 41x16
  • Other Room4 Level: Basement
  • Level 1 Rooms: 1 Bedroom, Bath(s) Other, Porch, Family Room, Kitchen, Powder Room, Foyer, OutEntrn, Dining Room, Living Room, Pantry
  • Level 2 Rooms: Bath(s) Other, Laundry Room, 4 Or More Bedrooms, Bath Main
  • Level 3 Rooms: Attic
  • Estimated Sq Ft: 7000
  • Phone: 908-273-2991

Exterior Features

  • Exterior Description: CedarSid, Wood
  • Exterior Features: Open Porch(es), Sidewalk, Thermal Windows/Doors, Patio, Curbs
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Garage Door Opener, Oversize Garage, Attached Garage
  • Number Garage Spaces: 3
  • Number Parking Spaces: 6
  • Parking Driveway Description: 1 Car Width, Blacktop

Utilities

  • Cooling: 3 Units, Multi-Zone Cooling
  • Fuel Type: Gas-Natural
  • Heating: 3 Units, Multi-Zone, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Home Warranty: Yes

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: .66 AC
  • Assessed Improvement Value: 59800
  • Assessed Land Value: 286100
  • Assessment: 345900
  • Easement: Yes
  • Lot Identifier: 16
  • Lot I D Tax: *
  • Total Acres: 0.66

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Assessor Parcel Number: 2918-02105-0000-00016-0000-
  • Tax Rate Amount: 4.217
  • Tax Rate Tax: *
  • Tax Rate Year: 2015
  • Tax Year Tax: *
  • Tax Year: 2015

MLS Schools

  • Grade School: Lincoln-Hubbard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2016
Closed on
Mar 27, 2017
Sold by
Sunset Developers Summit 255 Llc
Bought by
Roseler Matthew and Okada Hazuki
Seller's Agent
DIANE TERRY
KELLER WILLIAMS REALTY
Buyer's Agent
AMY BURAKOVSKY
KELLER WILLIAMS REALTY
List Price
$2,700,000
Sold Price
$2,600,000
Premium/Discount to List
-$100,000
-3.7%
Current Estimated Value
$3,972,617

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,372,617
Avg. Annual Appreciation
4.19%
Original Mortgage
$2,080,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Apr 1, 2014
Closed on
Apr 1, 2014
Sold by
Marschik Ibolya
Bought by
Sunset Developers Summit 255 Llc
Seller's Agent
PATRICIA OLLOM
COMPASS NEW JERSEY, LLC
Buyer's Agent
DIANE TERRY
KELLER WILLIAMS REALTY
Sold Price
$740,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
52.24%

Purchase Details

Closed on
Sep 21, 1999
Sold by
Marschik Violet
Bought by
Marschik Ibolya
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
Roseler Matthew $2,600,000 Chp Title Agency Llc
Sunset Developers Summit 255 Llc $740,000 Agent For Chicago Title Ins
Marschik Ibolya -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roesler Matthew $1,800,000
Closed Roseler Matthew $2,080,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2017 03/27/17 Sold $2,600,000 -3.7% $371 / Sq Ft
01/20/2017 01/20/17 Pending -- -- --
08/10/2016 08/10/16 For Sale $2,700,000 +264.9% $386 / Sq Ft
04/01/2014 04/01/14 Sold $740,000 -- --
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
2024 $47,532 $1,118,500 $286,100 $832,400
2023 $47,532 $1,098,500 $286,100 $812,400
2022 $47,049 $1,098,500 $286,100 $812,400
2021 $47,422 $1,098,500 $286,100 $812,400
2020 $47,895 $1,098,500 $286,100 $812,400
2019 $47,950 $1,098,500 $286,100 $812,400
2018 $47,642 $1,098,500 $286,100 $812,400
2017 $15,099 $345,900 $286,100 $59,800
2016 $14,877 $345,900 $286,100 $59,800
2015 $14,587 $345,900 $286,100 $59,800
2014 $17,155 $417,600 $286,100 $131,500
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2017

    DIANE TERRY

    KELLER WILLIAMS REALTY

  • A

    Buyer's Agent in 2017

    AMY BURAKOVSKY

    KELLER WILLIAMS REALTY

  • P

    Seller's Agent in 2014

    PATRICIA OLLOM

    COMPASS NEW JERSEY, LLC

See All Agents

Map

Source: Garden State MLS

MLS Number: 3328245

Garden State MLS

APN: 18-02105-0000-00016

New Jersey Union County Summit 07901

255 Summit Ave, Summit, NJ

This home is located at 255 Summit Ave, Summit, NJ 07901 since 10 August 2016 and is currently estimated at $3,972,617, approximately $567 per square foot. This property was built in 2016. 255 Summit Ave 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.

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