$2,000,000
SOLD JUN 11, 2025

32 Prospect St Summit, NJ 07901

4 Beds
5 Baths
-- Sq Ft
0.5 Acres

Recently Sold

18% Above List Price

3 Days on Market

About This Home

As of June 2025

This home is located at 32 Prospect St, Summit, NJ 07901 and is currently priced at $2,000,000. This property was built in 1924. 32 Prospect St 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

CYNTHIA BAKER

LOIS SCHNEIDER REALTOR Brokerage Phone: 908-277-1398 Listed on: 04/21/2025

Last Buyer's Agent

CYNTHIA BAKER

LOIS SCHNEIDER REALTOR Brokerage Phone: 908-277-1398 Listed on: 04/21/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,355

Year Built

  • Built in 1924

Lot Details

  • 0.5 Acre Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,355

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Year Built: 1924
  • County Name: Union
  • I D: 5349516
  • Attribution Contact: 908-277-1398
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 4.20

Lot Info

  • Lot Size: .499
  • Total Acres: 0.50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2025
Closed on
Jun 5, 2025
Sold by
Lavoice Catherine and Caufield Peter
Bought by
Lubin Gregory Scott and Orr Emily Jane
Seller's Agent
CYNTHIA BAKER
LOIS SCHNEIDER REALTOR
Buyer's Agent
CYNTHIA BAKER
LOIS SCHNEIDER REALTOR
List Price
$1,695,000
Sold Price
$2,000,000
Premium/Discount to List
$305,000
17.99%
Views
36
Current Estimated Value
$1,954,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$45,325
Avg. Annual Appreciation
-5.08%
Original Mortgage
$1,500,000
Outstanding Balance
$1,496,111
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$458,564

Purchase Details

Listed on
Jun 21, 2023
Closed on
Aug 2, 2023
Sold by
Deatly William N and Deatly Brandon F
Bought by
Lavoice Catherine and Caufield Peter
Buyer's Agent
CYNTHIA BAKER
LOIS SCHNEIDER REALTOR
List Price
$1,430,000
Sold Price
$1,430,000
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.00%
Original Mortgage
$1,144,000
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 1994
Sold by
Nock W Ronald and Nock Sharon L
Bought by
Deatly William N and Deatly Brandon F
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $2,000,000 None Listed On Document
Deed $2,000,000 None Listed On Document
Deed $1,430,000 Old Republic Title
Deed $1,430,000 Old Republic Title
Deed $460,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,500,000 New Conventional
Closed $1,500,000 New Conventional
Previous Owner $1,144,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/11/2025 06/11/25 Sold $2,000,000 +18.0% --
04/24/2025 04/24/25 Pending -- -- --
04/21/2025 04/21/25 For Sale $1,695,000 +18.5% --
08/11/2023 08/11/23 Sold $1,430,000 0.0% -- View Prior Sale
06/29/2023 06/29/23 Pending -- -- --
06/21/2023 06/21/23 For Sale $1,430,000 -- --
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
2025 $22,355 $513,200 $233,800 $279,400
2024 $22,206 $513,200 $233,800 $279,400
2023 $22,206 $513,200 $233,800 $279,400
2022 $21,980 $513,200 $233,800 $279,400
2021 $22,155 $513,200 $233,800 $279,400
2020 $22,376 $513,200 $233,800 $279,400
2019 $22,401 $513,200 $233,800 $279,400
2018 $22,257 $513,200 $233,800 $279,400
2017 $22,401 $513,200 $233,800 $279,400
2016 $22,073 $513,200 $233,800 $279,400
2015 $21,642 $513,200 $233,800 $279,400
2014 $21,082 $513,200 $233,800 $279,400
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2025

    CYNTHIA BAKER

    LOIS SCHNEIDER REALTOR

  • A

    Seller Co-Listing Agent in 2023

    ALLISON B LEES

    PROMINENT PROPERTIES SIR

See All Agents

Map

Source: Garden State MLS

MLS Number: 3957934

Garden State MLS

APN: 18-03202-0000-00023

New Jersey Union County Summit 07901

32 Prospect St, Summit, NJ

Sold

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