NOT LISTED FOR SALE

3 Edison Dr Summit, NJ 07901

Estimated Value: $658,000 - $725,000

4 Beds
1 Bath
-- Sq Ft
6,098 Sq Ft Lot

Last Sold October 06, 2022

Last sale price $500,000

Est. 39% increase in value since last sale

Current estimated payment $4,270/month

76 Days on Market

About This Home

As of October 2022

This home is located at 3 Edison Dr, Summit, NJ 07901 since 28 June 2022 and is currently estimated at $696,329. This property was built in 1950. 3 Edison Dr is a home located in Union County with nearby schools including L C Johnson Summit Middle School, Summit Sr High School, and St James The Apostle School.

Last Agent to Sell the Property

MARCIA COVIELLO

COLDWELL BANKER REALTY Brokerage Phone: 908-273-0400 Listed on: 06/28/2022

Last Buyer's Agent

Angela Salisbury

KELLER WILLIAMS TOWNE SQUARE REAL

KELLER WILLIAMS TOWNE SQUARE REAL

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 6,098

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Bathroom

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Year Built: 1950
  • County Name: Union
  • I D: 5162110
  • Attribution Contact: 908-273-0400
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 1.00

Lot Info

  • Lot Size: .1426

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2022
Closed on
Oct 6, 2022
Sold by
Marino Melisa Rose
Bought by
Faurot Katie and Mullan James
Seller's Agent
MARCIA COVIELLO
COLDWELL BANKER REALTY
Buyer's Agent
Angela Salisbury
KELLER WILLIAMS TOWNE SQUARE REAL
List Price
$519,999
Sold Price
$500,000
Premium/Discount to List
-$19,999
-3.85%
Views
40
Current Estimated Value
$696,329

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,329
Avg. Annual Appreciation
11.01%
Original Mortgage
$450,000
Outstanding Balance
$432,034
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$264,295

Purchase Details

Listed on
Sep 23, 2015
Closed on
Sep 23, 2015
Sold by
Malleo Mary Ann
Bought by
Yar Melissa Rose and Marino David L
Seller's Agent
THOMAS J. DELLA PIAZZA
ULISTR
Buyer's Agent
MARCIA COVIELLO
COLDWELL BANKER REALTY
Sold Price
$385,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.78%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Faurot Katie $500,000 Foundation Title
Faurot Katie $500,000 Foundation Title
Yar Melissa Rose $385,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Faurot Katie $450,000
Closed Faurot Katie $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/06/2022 10/06/22 Sold $500,000 0.0% --
09/12/2022 09/12/22 Pending -- -- --
07/19/2022 07/19/22 Price Changed $500,000 -3.8% --
06/28/2022 06/28/22 For Sale $519,999 +35.1% --
09/23/2015 09/23/15 Sold $385,000 -- -- View Prior Sale
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 $7,579 $174,000 $90,500 $83,500
2024 $7,529 $174,000 $90,500 $83,500
2023 $7,529 $174,000 $90,500 $83,500
2022 $7,452 $174,000 $90,500 $83,500
2021 $7,512 $174,000 $90,500 $83,500
2020 $7,586 $174,000 $90,500 $83,500
2019 $7,595 $174,000 $90,500 $83,500
2018 $7,546 $174,000 $90,500 $83,500
2017 $7,595 $174,000 $90,500 $83,500
2016 $7,484 $174,000 $90,500 $83,500
2015 $7,338 $161,200 $90,500 $70,700
2014 $6,622 $161,200 $90,500 $70,700
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    MARCIA COVIELLO

    COLDWELL BANKER REALTY

  • A

    Buyer's Agent in 2022

    Angela Salisbury

    KELLER WILLIAMS TOWNE SQUARE REAL

    (973) 476-2706

    1 in this area

    16 Total Sales

    Angela Salisbury
    Section Image

  • T

    Seller's Agent in 2015

    THOMAS J. DELLA PIAZZA

    ULISTR

See All Agents

Map

Source: Garden State MLS

MLS Number: 3792411

Garden State MLS

APN: 18-03909-0000-00009

New Jersey Union County Summit 07901

3 Edison Dr, Summit, NJ

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Garden State MLS The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.
Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.



This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

Nearby Homes