NOT LISTED FOR SALE

27 Edison Dr Summit, NJ 07901

Estimated Value: $834,007 - $1,094,000

3 Beds
3 Baths
-- Sq Ft
6,970 Sq Ft Lot

Last Sold March 09, 2018

Last sale price $625,000

Est. 50% increase in value since last sale

Current estimated payment $6,059/month

12 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • Sun or Florida Room
  • L C Johnson Summit Middle School Rated A+
  • Main Floor Bedroom
  • Corner Lot

About This Home

As of March 2018

Charming brick Cape Cod boasts 3 bdrms & 3 full baths. Stunning 3 season porch, finished walk out basement, eat in kitchen, formal dining room, close to NYC transportation. Don't miss!

Last Listed By

ANGELIQUE FREUDBERG

COLDWELL BANKER REALTY Listed on: 01/05/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,492

Year Built

  • Built in 1958

Lot Details

  • 6,970 Sq Ft Lot
  • Corner Lot

Parking

  • 1 Car Attached Garage
  • Off-Street Parking

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Tile

Interior Spaces

  • Gas Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Sun or Florida Room
  • Storage Room
  • Laundry Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 3 Full Bathrooms
  • Bathtub with Shower

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Home Security

  • Storm Windows
  • Storm Doors

Outdoor Features

  • Enclosed patio or porch

Schools

  • Jefferson Elementary School
  • Summit Middle School
  • Summit High School

Utilities

  • Central Air
  • One Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2918-03909-0000-00017-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,492

Year Built

Built in 1958

Lot Details

0

Parking

1

Listing Details

  • Style: Cape Cod
  • Primary Style: Cape Cod
  • Subproperty Type: Single Family
  • Year Built: 1958
  • Year Built Description: Approximate
  • County Name: Union
  • Exclusions: Chandelier in dining room
  • Street Number Display: 27
  • Directions: Morris Ave or Bryant Parkway to 27 Edison Drive
  • I D: 4768563
  • Modified: 2019-03-10
  • Number Images: 25
  • First Name: ANGELIQUE
  • First Name3: MARGARET M.
  • Last Name: FREUDBERG
  • Last Name3: MORREALE
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Tile, Wood
  • Fireplace Description: Gas Fireplace, Living Room
  • Number of Fireplaces: 1
  • Appliances: Range/Oven-Gas, Dishwasher, Microwave Oven
  • Interior Amenities: TubShowr
  • Number Rooms: 7
  • Bedrooms: 3
  • Master Bedroom Desc: 1st Floor
  • Bedroom 1 Level: First
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Primary Bathroom Features: Tub Shower
  • Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Description: Walkout, Full
  • Basement Level Rooms: Laundry Room, Walkout, Outside Entrance, Storage Room, Bath(s) Other, Family Room
  • Family Room Level: First
  • Kitchen Area: Pantry, Eat-In Kitchen
  • Kitchen Dim: 13x12
  • Kitchen Level: First
  • Living Room Dim: 15x17
  • Living Room Level: First
  • Other Room 1: Florida/3Season
  • Other Room1 Dim: 13x22
  • Other Room1 Level: First
  • Other Room 2: Foyer
  • Other Room2 Level: First
  • Level 1 Rooms: 1 Bedroom, Florida/3Season, Foyer, Living Room, Pantry, Dining Room, Bath Main, Kitchen
  • Level 2 Rooms: 2 Bedrooms, Bath(s) Other
  • Phone: 908-277-1200

Exterior Features

  • Exterior Description: Brick
  • Exterior Features: Storm Door(s), Enclosed Porch(es), Storm Window(s)
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage, Built-In Garage
  • Number Garage Spaces: 1
  • Number Parking Spaces: 3
  • Parking Driveway Description: 2 Car Width, Blacktop, Off-Street Parking

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Baseboard - Cast Iron
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

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

Lot Info

  • Lot Size: 0.161
  • Assessed Improvement Value: 129100
  • Assessed Land Value: 91600
  • Assessment: 220700
  • Easement: Unknown
  • Lot Description: Corner
  • Lot Identifier: 17
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.16
  • Zoning: Residential

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 9492
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2918-03909-0000-00017-0000-
  • Tax Rate Amount: 4.301
  • Tax Rate Tax: *
  • Tax Rate Year: 2016
  • Tax Year Tax: *
  • Tax Year: 2016

MLS Schools

  • Grade School: Jefferson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2018
Closed on
Mar 1, 2018
Sold by
Mclean Donald T and Mc Lean Annette B
Bought by
Zhao Xin and Wang Teng
Seller's Agent
ANGELIQUE FREUDBERG
COLDWELL BANKER REALTY
Buyer's Agent
MARGARET M. MORREALE
WEICHERT REALTORS
List Price
$600,000
Sold Price
$625,000
Premium/Discount to List
$25,000
4.17%
Total Days on Market
12
Current Estimated Value
$940,252

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$315,252
Avg. Annual Appreciation
4.22%
Original Mortgage
$300,000
Outstanding Balance
$188,023
Interest Rate
4.22%
Mortgage Type
New Conventional
Estimated Equity
$654,737

Purchase Details

Listed on
Jun 11, 2013
Closed on
Jun 11, 2013
Sold by
Nielsen Patricia A
Bought by
Mclean Donald T and Mclean Annette B
Buyer's Agent
FAYE SPIELER
DAVID REALTY GROUP LLC
Sold Price
$480,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.71%

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
Zhao Xin $625,000 Stewart Title Guaranty Co
Mclean Donald T $480,000 Agent For Chicago Title Insu
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhao Xin $300,000
Previous Owner Mclean Donald Y $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2018 03/09/18 Sold $625,000 +4.2% --
01/17/2018 01/17/18 Pending -- -- --
01/05/2018 01/05/18 For Sale $600,000 +25.0% --
06/11/2013 06/11/13 Sold $480,000 -- --
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 $9,550 $220,700 $91,600 $129,100
2023 $9,550 $220,700 $91,600 $129,100
2022 $9,453 $220,700 $91,600 $129,100
2021 $9,528 $220,700 $91,600 $129,100
2020 $9,623 $220,700 $91,600 $129,100
2019 $9,634 $220,700 $91,600 $129,100
2018 $9,572 $220,700 $91,600 $129,100
2017 $9,634 $220,700 $91,600 $129,100
2016 $9,492 $220,700 $91,600 $129,100
2015 $9,307 $220,700 $91,600 $129,100
2014 $9,066 $189,900 $91,600 $98,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3438337

Garden State MLS

APN: 18-03909-0000-00017