An entertainer's dream conveniently located on nearly 1 acre on Summit's Northside. Upon entering the Foyer, guests are greeted with views of the one-of-a-kind grand scale open Living Room and Dining Room with vaulted ceiling that flows seamlessly to the gourmet Kitchen and fireside Family Room also with vaulted ceiling. With 2 islands, wet bar, breakfast area, desk and luxury appliances, the Kitchen is a chef's dream. A wall of glass windows and doors connects the interior with outdoor living spaces including a sweeping patio, outdoor kitchen, sports area and space perfectly suited for a pool. With 2 Master Suites (one at ground level) the home has flexible space. The Guest Suite, located on the lower level, is next to entertainment space including the Recreation Room, Home Theatre and Gym.
Last Listed By
JILL BRAY
PROMINENT PROPERTIES SIRListed on: 04/19/2021
Home Details
Home Type
Single Family
Est. Annual Taxes
$44,296
Year Built
Built in 1959 | Remodeled
Lot Details
Sprinkler System
Parking
3 Car Attached Garage
Additional Parking
Home Design
Custom Home
Stone Siding
Tile
Interior Spaces
6,091 Sq Ft Home
Wet Bar
Beamed Ceilings
Cathedral Ceiling
2 Fireplaces
Wood Burning Fireplace
Blinds
Mud Room
Entrance Foyer
Family Room
Living Room
Breakfast Room
Formal Dining Room
Home Theater
Home Office
Recreation Room
Storage Room
Home Gym
Wood Flooring
Carbon Monoxide Detectors
Kitchen
Eat-In Kitchen
Breakfast Bar
Electric Oven or Range
Recirculated Exhaust Fan
Dishwasher
Wine Refrigerator
Kitchen Island
Bedrooms and Bathrooms
6 Bedrooms
Main Floor Bedroom
Walk-In Closet
Powder Room
Soaking Tub
Separate Shower
Laundry
Laundry Room
Dryer
Washer
Finished Basement
Basement Fills Entire Space Under The House
Garage Access
Outdoor Features
Deck
Patio
Pergola
Schools
Lincoln-Hubbard Elementary School
Summit Middle School
Summit High School
Utilities
Forced Air Heating and Cooling System
Standard Electricity
Gas Water Heater
Community Details
Fitness Center
Listing and Financial Details
Assessor Parcel Number 2918-02405-0000-00003-0000-
Tax Block *
Home Details
Home Type
Single Family
Est. Annual Taxes
$44,296
Year Built
Built in 1959 | Remodeled
Lot Details
0
Parking
3
Listing Details
Style: Custom Home
Primary Style: Custom Home
Subproperty Type: Single Family
Year Built: 1959
Year Built Description: Approximate, Renovated
County Name: Union
Exclusions: Breakfast table light fixtures and iron gate door to master bedroom
Renovated Year: 2005
Street Number Display: 27
Directions: Springfield to Essex to Londenderry to Templar Way
Jul 2021 - PresentMcmanus Colleen and Salame Ghadir3 Years and 10 Months
Private Individual
Purchase Details
Listed on
Apr 19, 2021
Closed on
Jul 14, 2021
Sold by
Ostroff Michael and Ostroff Jody
Bought by
Mcmanus Colleen and Salame Ghadir
Seller's Agent
JILL BRAY
PROMINENT PROPERTIES SIR
Buyer's Agent
KRISTEN PIEROTTI
PROMINENT PROPERTIES SIR
List Price
$2,850,000
Sold Price
$2,850,000
Total Days on Market
8
Current Estimated Value
$3,800,056
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$950,056
Avg. Annual Appreciation
7.78%
Original Mortgage
$2,050,000
Outstanding Balance
$1,859,120
Interest Rate
2.12%
Mortgage Type
New Conventional
Estimated Equity
$1,940,936
Jun 2004 - Jul 2021Ostroff Michael and Ostroff Jody17 Years and 1 Month
Private Individual
Purchase Details
Closed on
Jun 8, 2004
Sold by
Wydra Reuben
Bought by
Ostroff Michael and Ostroff Jody
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
6.12%
Feb 1998 - Jun 2004Wydra Reuben6 Years and 4 Months
Private Individual
Purchase Details
Closed on
Feb 20, 1998
Sold by
Wydra Reuben and Wydra Louise
Bought by
Wydra Reuben
Oct 1994 - Feb 1998Wydra Reuben and Wydra Louise3 Years and 4 Months
Private Individual
Purchase Details
Closed on
Oct 28, 1994
Sold by
Wydra Reuben and Wydra Louise
Bought by
Wydra Reuben and Wydra Louise
Range of Values:
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Average Value
Not Available
List Price
Sold Price
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Tax AssessmentTax 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.
This home is located at 27 Templar Way, Summit, NJ 07901 since 19 April 2021 and is currently estimated at $3,800,056, approximately $623 per square foot. This property was built in 1959. 27 Templar Way 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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