$2,500,000
SOLD AUG 18, 2014

257 Oak Ridge Ave Summit, NJ 07901

5 Beds
5 Baths
-- Sq Ft
0.69 Acres

Recently Sold

About This Home

As of October 2022

This home is located at 257 Oak Ridge Ave, Summit, NJ 07901 and is currently priced at $2,500,000. 257 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.

Last Agent to Sell the Property

MARGARET MIGGINS

COMPASS NEW JERSEY, LLC Brokerage Phone: 908-273-2991 Listed on: 08/18/2014

Last Buyer's Agent

ALLISON B LEES

PROMINENT PROPERTIES SIR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $43,071

Lot Details

  • 0.69 Acre Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$43,071

Lot Details

0

Listing Details

  • County Name: Union
  • Street Number Display: 257
  • I D: 4452707
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 908-273-2991
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 4.20

Lot Info

  • Lot Size: 0.686
  • Total Acres: 0.69

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%
Total Days on Market
0
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
2.78%
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

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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 Type Sale Price Title Company
Deed $2,825,000 American Land Title
Deed -- --
Bargain Sale Deed $2,500,000 Multiple
Bargain Sale Deed $2,200,000 Royal Title Service Inc
Deed $1,500,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $260,000 New Conventional
Previous Owner $196,000 No Value Available
Previous Owner -- No Value Available
Previous Owner $196,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,500,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,430,000 Purchase Money Mortgage
Previous Owner $1,600,000 Unknown
Previous Owner $295,000 Credit Line Revolving
Previous Owner $1,376,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,125,000 No Value Available
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: 3146194

Garden State MLS

APN: 18-05105-0000-00011