NOT LISTED FOR SALE

27 Templar Way Summit, NJ 07901

Estimated Value: $3,942,365 - $4,127,000

6 Beds
6 Baths
5,128 Sq Ft
$785/Sq Ft Est. Value

Last Sold July 19, 2021

Last sale price $2,850,000 $556 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $25,236/month

8 Days on Market

About This Home

As of July 2021

This home is located at 27 Templar Way, Summit, NJ 07901 since 19 April 2021 and is currently estimated at $4,027,788, approximately $785 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.

Last Agent to Sell the Property

JILL BRAY

PROMINENT PROPERTIES SIR Brokerage Phone: 908-273-8808 Listed on: 04/19/2021

Last Buyer's Agent

KRISTEN PIEROTTI

PROMINENT PROPERTIES SIR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $46,574

Year Built

  • Built in 1959

Lot Details

  • 1.7

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$46,574

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Year Built: 1959
  • County Name: Union
  • Street Number Display: 27
  • I D: 5060917
  • Modified: 2025-07-21
  • Number Images: 0
  • Attribution Contact: 908-273-8808
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 6
  • Bathrooms: 5.20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2021
Closed on
Jul 19, 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
Current Estimated Value
$4,027,788

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,177,788
Avg. Annual Appreciation
8.61%
Original Mortgage
$2,050,000
Outstanding Balance
$1,841,408
Interest Rate
2.12%
Mortgage Type
New Conventional
Estimated Equity
$2,186,380

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

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,050,000
Outstanding Balance
$1,841,408
Interest Rate
2.12%
Mortgage Type
New Conventional
Estimated Equity
$2,186,380

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%

Purchase Details

Closed on
Feb 20, 1998
Sold by
Wydra Reuben and Wydra Louise
Bought by
Wydra Reuben

Purchase Details

Closed on
Oct 28, 1994
Sold by
Wydra Reuben and Wydra Louise
Bought by
Wydra Reuben and Wydra Louise
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
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
Mcmanus Colleen $2,850,000 Green Hill Title
Mcmanus Colleen $2,850,000 Green Hill Title Llc
Ostroff Michael $1,640,000 --
Wydra Reuben -- --
Wydra Reuben -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcmanus Colleen $2,050,000
Closed Mcmanus Colleen $2,050,000
Previous Owner Ostroff Michael $850,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2021 07/19/21 Sold $2,850,000 0.0% $556 / Sq Ft
04/27/2021 04/27/21 Pending -- -- --
04/19/2021 04/19/21 For Sale $2,850,000 -- $556 / Sq Ft
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
2025 $46,574 $1,069,200 $239,800 $829,400
2024 $44,966 $1,069,200 $239,800 $829,400
2023 $44,966 $1,039,200 $239,800 $799,400
2022 $44,509 $1,039,200 $239,800 $799,400
2021 $43,809 $1,014,800 $239,800 $775,000
2020 $44,245 $1,014,800 $239,800 $775,000
2019 $44,296 $1,014,800 $239,800 $775,000
2018 $44,012 $1,014,800 $239,800 $775,000
2017 $44,296 $1,014,800 $239,800 $775,000
2016 $43,647 $1,014,800 $239,800 $775,000
2015 $42,794 $1,014,800 $239,800 $775,000
2014 $41,688 $1,014,800 $239,800 $775,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    JILL BRAY

    PROMINENT PROPERTIES SIR

  • K

    Buyer's Agent in 2021

    KRISTEN PIEROTTI

    PROMINENT PROPERTIES SIR

See All Agents

Map

Source: Garden State MLS

MLS Number: 3705850

Garden State MLS

APN: 18-02405-0000-00003

New Jersey Union County Summit 07901

27 Templar Way, Summit, NJ

This home is located at 27 Templar Way, Summit, NJ 07901 since 19 April 2021 and is currently estimated at $4,027,788, approximately $785 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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