NOT LISTED FOR SALE

257 Oak Ridge Ave Summit, NJ 07901

Estimated Value: $2,679,000 - $3,590,000

5 Beds
6 Baths
-- Sq Ft
0.69 Acres

Last Sold October 12, 2022

Last sale price $2,825,000

Est. 8% increase in value since last sale

Current estimated payment $20,129/month

1 Day on Market

Highlights

  • Colonial Architecture
  • Family Room with Fireplace
  • Wood Flooring
  • L C Johnson Summit Middle School Rated A+
  • Recreation Room
  • Attic

About This Home

As of October 2022

Move-in ready 5BR 4.2BA Colonial gut renovated like new in 2007 set on .69 acres w/a spectacular, level & private backyard in the sought-after 'Circle Of Friends' neighborhood, Oak Ridge section of Summit. This home offers a terrific, versatile floorplan: LR w/FP & built-ins, FDR w/dry bar, wine frig & patio access, a huge, kitchen w/expansive center island all open concept to the family rm w/FP overlooking a fabulous backyard. Also on 1st flr a Guest BR en suite, a tucked away OFC/Den & a convenient Mud area with WIC. The LUX Primary Suite w/tray ceiling has a spa-like bath & a large WIC. Three addt'l BRS, one en suite, 2 w/J&J BA, plus a large laundry room complete the 2nd floor. The LL offers rec/play space, a powder room, an exer area, storage & direct entry from a 2 car garage fitted w/Garage Tek system & LiftMaster door openers to operate remotely (can fit a Suburban!) An expansive bluestone patio w/gas fire pit & gas line for grill overlooks the perfect backyard oasis privately set w/mature trees & lush landscaping. Recent improvements: HVAC, water soft., whole house generator, driveway, patio/fire pit area, landscaping & land. lighting, FP's in LR/Fam Rm converted to gas, refrigerator/cooktop/washer/dryer replaced, enhanced security w/Ring camera system, LED lighting added to Kit & Prim. BR. Fantastic location in Brayton's Elem. School district offering easy access to downtown Summit, Memorial Field, Schools & NYC transportation. FOR COMP PURPOSES ONLY

Last Agent to Sell the Property

Kim Cannon

PROMINENT PROPERTIES SIR Listed on: 10/11/2022

Last Buyer's Agent

JODI RUBENSTEIN

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $43,399

Year Built

  • Built in 1960

Lot Details

  • 0.69 Acre Lot
  • Fenced
  • Sprinkler System

Parking

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

Home Design

  • Colonial Architecture
  • Wood Shingle Roof
  • Tile

Interior Spaces

  • Dry Bar
  • Gas Fireplace
  • Window Treatments
  • Mud Room
  • 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
  • Wood Flooring
  • Partially Finished Basement
  • Garage Access
  • Attic

Kitchen

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

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • In-Law or Guest Suite
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Porch

Schools

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

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Forced Air Zoned Heating and Cooling System
  • Standard Electricity
  • Gas Water Heater
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 2918-05105-0000-00011-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$43,399

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1960
  • Year Built Description: Approximate
  • County Name: Union
  • Exclusions: Basement Refrigertor, Freezer and Wine Coolers
  • Renovated Year: 2007
  • Street Number Display: 257
  • Directions: Oak Ridge Ave
  • I D: 5165083
  • Modified: 2023-10-13
  • Number Images: 1
  • Section Subdiv Development: Circle Of Friends-Oak Ridge
  • First Name: KIM
  • First Name3: JODI
  • First Name4: JOANNA
  • Last Name: CANNON
  • Last Name3: RUBENSTEIN
  • Last Name4: PARKER-LENTZ
  • Attribution Contact: null
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2007

Interior Features

  • Flooring: Tile, Wood
  • Fireplace Description: Family Room, Gas Fireplace, Living Room
  • Number of Fireplaces: 2
  • Appliances: Carbon Monoxide Detector, Dishwasher, Disposal, Dryer, Generator-Built-In, Kitchen Exhaust Fan, Microwave Oven, Range/Oven-Gas, Refrigerator, Washer, Water Softener-Own, WineRefr
  • Interior Amenities: Bar-Dry, Carbon Monoxide Detector, Smoke Detector, Walk-In Closet, Window Treatments
  • Number Rooms: 12
  • Bedrooms: 5
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Soaking Tub, Stall Shower
  • Bathrooms: 4.20
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Description: Finished-Partially
  • Basement Level Rooms: Exercise Room, GarEnter, Powder Room, Rec Room, Storage Room, Utility Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: First
  • Family Room Level: First
  • In Law Suite: Yes
  • In Law Suite Description: Bedroom 1, Full Bath
  • Kitchen Area: Center Island, Eat-In Kitchen, Separate Dining Area
  • Kitchen Dim: 22x14
  • Kitchen Level: First
  • Living Room Dim: 22x16
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Dim: 16x16
  • Other Room1 Level: First
  • Other Room 2: Office
  • Other Room2 Dim: 29x16
  • Other Room2 Level: First
  • Other Room 3: Rec Room
  • Other Room3 Level: Basement
  • Other Room 4: Exercise Room
  • Other Room4 Level: Basement
  • Other Level Rooms: MudRoom
  • Level 1 Rooms: 1 Bedroom, Bath(s) Other, Dining Room, Family Room, Foyer, Kitchen, Living Room, MudRoom, Office, Porch, Powder Room
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other, Laundry Room
  • Level 3 Rooms: Attic
  • Phone: 908-273-8808

Exterior Features

  • Exterior Description: Wood Shingle
  • Exterior Features: Metal Fence, Patio, Sidewalk, Underground Lawn Sprinkler
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Built-In Garage, Garage Door Opener
  • Number Garage Spaces: 2
  • Parking Driveway Description: Blacktop, Driveway-Exclusive

Utilities

  • 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
  • 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: .686
  • Assessed Improvement Value: 533600
  • Assessed Land Value: 461800
  • Assessment: 995400
  • Easement: Unknown
  • Lot Identifier: 11
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.69

Tax Info

  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 43399
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2918-05105-0000-00011-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 4.317
  • Tax Rate Tax: *
  • Tax Rate Year: 2021
  • Tax Year Tax: *
  • Tax Year: 2021

MLS Schools

  • Grade School: Brayton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2022
Closed on
Oct 6, 2022
Sold by
Webb Andrew C and Webb Denielle B
Bought by
Pyo James and Williams Stefanie L
Seller's Agent
Kim Cannon
PROMINENT PROPERTIES SIR
Buyer's Agent
JODI RUBENSTEIN
COLDWELL BANKER REALTY
List Price
$2,800,000
Sold Price
$2,825,000
Premium/Discount to List
$25,000
0.89%
Current Estimated Value
$3,059,268

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,268
Avg. Annual Appreciation
2.80%
Original Mortgage
$260,000
Outstanding Balance
$250,467
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$2,808,801

Purchase Details

Listed on
May 11, 2016
Closed on
Aug 11, 2016
Sold by
Andrew Garschagen
Bought by
Webb Denielle
Seller's Agent
ALLISON B LEES
PROMINENT PROPERTIES SIR
Buyer's Agent
JUDITH WATSON
LOIS SCHNEIDER REALTOR
List Price
$2,450,000
Sold Price
$2,451,000
Premium/Discount to List
$1,000
0.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.30%
Original Mortgage
$196,000
Interest Rate
3.45%

Purchase Details

Listed on
Aug 18, 2014
Closed on
Aug 15, 2014
Sold by
Zoubek Damlen and Zoubek Ana Marie
Bought by
Garschagen Andrew and Garschagen Anne
Seller's Agent
MARGARET MIGGINS
COMPASS NEW JERSEY, LLC
Buyer's Agent
ALLISON B LEES
PROMINENT PROPERTIES SIR
Sold Price
$2,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.03%
Original Mortgage
$1,500,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 9, 2009
Sold by
Hoecker Bradley J and Hoecker Susan G
Bought by
Zoubek Damien and Zoubek Ana Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,430,000
Interest Rate
5.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 16, 2002
Sold by
Brokaw Roberts
Bought by
Hoecker Bradley and Hoecker Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,125,000
Interest Rate
6.55%
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
Pyo James $2,825,000 American Land Title
Webb Denielle -- --
Garschagen Andrew $2,500,000 Multiple
Zoubek Damien $2,200,000 Royal Title Service Inc
Hoecker Bradley $1,500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pyo James $260,000
Previous Owner Webb Denielle $196,000
Previous Owner Webb Denielle --
Previous Owner Webb Andrew C $196,000
Previous Owner Garschagen Andrew $1,500,000
Previous Owner Zoubek Damien $1,430,000
Previous Owner Hoecker Bradley J $1,600,000
Previous Owner Hoecker Bradley J $295,000
Previous Owner Hoecker Bradley J $1,376,000
Previous Owner Hoecker Bradley $1,125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2022 10/12/22 Sold $2,825,000 +0.9% --
10/12/2022 10/12/22 Pending -- -- --
10/11/2022 10/11/22 For Sale $2,800,000 +14.2% --
07/14/2016 07/14/16 Sold $2,451,000 0.0% --
05/16/2016 05/16/16 Pending -- -- --
05/11/2016 05/11/16 For Sale $2,450,000 -2.0% --
08/18/2014 08/18/14 Sold $2,500,000 -- --
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 $43,071 $995,400 $461,800 $533,600
2023 $43,071 $995,400 $461,800 $533,600
2022 $42,633 $995,400 $461,800 $533,600
2021 $42,971 $995,400 $461,800 $533,600
2020 $43,399 $995,400 $461,800 $533,600
2019 $43,449 $995,400 $461,800 $533,600
2018 $43,171 $995,400 $461,800 $533,600
2017 $43,449 $995,400 $461,800 $533,600
2016 $42,812 $995,400 $461,800 $533,600
2015 $41,976 $955,600 $461,800 $493,800
2014 $39,256 $955,600 $461,800 $493,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3812298

Garden State MLS

APN: 18-05105-0000-00011