NOT LISTED FOR SALE

32 Summit St Park Ridge, NJ 07656

Estimated Value: $678,427 - $1,294,000

5 Beds
3 Baths
2,160 Sq Ft
$415/Sq Ft Est. Value

Last Sold May 22, 2024

Last sale price $670,000 $310 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $5,922/month

22 Days on Market

About This Home

As of May 2024

RARE OPPORTUNITY to own this spacious 2-family home situated in a lovely neighborhood in the desirable town of Park Ridge. Boasting a deep yard and two multi-floor apartments, this home is ideal for owner occupants, extended family or investors. Front apartment offers entry foyer leading to large side porch, a bright tiled living space w/updated kitchen, ample storage, 2 upstairs bedrooms & bath. Spacious rear apartment offers versatile living space to suit your needs with 3/4BRs, 2baths, living room, den, office, laundry, abundant storage (3 walk-in closets) plus direct garage access. Located in the beautiful Pascack Valley area of Bergen County, this home is less than .5 mile to highly-rated Park Ridge High School (grades 7-12). Conveniently located near the NYC train station & express bus and downtown area's eateries & shops. Property has separate gas and electric utilities with shared water utility. Residents benefit from the town's use of local electric & water service

Last Agent to Sell the Property

Maxine Harelick

Prominent Properties Sotheby's International Realty-Ridgewood Listed on: 04/02/2024

Prominent Properties Sotheby's International Realty-Ridgewood

Last Buyer's Agent

Maxine Harelick

Prominent Properties Sotheby's International Realty-Ridgewood Listed on: 04/02/2024

Prominent Properties Sotheby's International Realty-Ridgewood

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,996

Lot Details

  • 8,499 Sq Ft Lot
  • Lot Dimensions are 50x170

Parking

  • 1 Car Garage

Home Design

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry in unit

Listing and Financial Details

  • Legal Lot and Block 00013 / 01110

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,996

Lot Details

0

Parking

1

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Unit
  • Co List Office Phone: (201) 639-5555
  • MLS Status: Sold - Sold
  • Directions: Pascack Rd to Mountain Ave to Summit Street
  • Architectural Style: 2 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • PropertySubTypeAdditional: Other
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 5

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - No

Garage/Parking

  • Garage Spaces: 1.0

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sep Heat

Lot Info

  • Lot Dimensions: 50x170
  • Lot Size Sq Ft: 8499.0

Tax Info

  • Tax Annual Amount: 10996.0
  • Tax Block: 01110
  • Tax Lot: 00013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2024
Closed on
May 15, 2024
Sold by
Bloomfield Properties Inc
Bought by
32 Summit St Llc
Seller's Agent
Maxine Harelick
Prominent Properties Sotheby's International Realty-Ridgewood
Buyer's Agent
Maxine Harelick
Prominent Properties Sotheby's International Realty-Ridgewood
List Price
$599,000
Sold Price
$670,000
Premium/Discount to List
$71,000
11.85%
Views
277
Current Estimated Value
$897,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,357
Avg. Annual Appreciation
28.93%
Original Mortgage
$644,000
Outstanding Balance
$55,442
Interest Rate
7.17%
Mortgage Type
Construction
Estimated Equity
$841,915

Purchase Details

Closed on
Dec 3, 1997
Sold by
Beck Frank
Bought by
Bloomfield Properties Inc
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 Buyer Sale Price Title Company
32 Summit St Llc $670,000 Carnegie Title
Bloomfield Properties Inc $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 32 Summit St Llc $644,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2024 05/22/24 Sold $670,000 +11.9% $310 / Sq Ft
04/24/2024 04/24/24 Pending -- -- --
04/02/2024 04/02/24 For Sale $599,000 -- $277 / Sq Ft
Source: New Jersey 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 $11,597 $364,100 $223,900 $140,200
2023 $11,247 $364,100 $223,900 $140,200
2022 $11,247 $364,100 $223,900 $140,200
2021 $10,988 $364,100 $223,900 $140,200
2020 $10,654 $364,100 $223,900 $140,200
2019 $10,355 $364,100 $223,900 $140,200
2018 $10,075 $364,100 $223,900 $140,200
2017 $9,838 $364,100 $223,900 $140,200
2016 $9,496 $364,100 $223,900 $140,200
2015 $9,113 $364,100 $223,900 $140,200
2014 $8,851 $364,100 $223,900 $140,200
Source: Public Records

Agents Affiliated with this Home

  • Maxine Harelick

    Seller's Agent in 2024

    Maxine Harelick

    Prominent Properties Sotheby's International Realty-Ridgewood

    (201) 741-1666

    1 in this area

    104 Total Sales

    Maxine Harelick
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Map

Source: New Jersey MLS

MLS Number: 24009605

New Jersey MLS

APN: 47-01110-0000-00013

New Jersey Bergen County Park Ridge 07656

32 Summit St, Park Ridge, NJ

This home is located at 32 Summit St, Park Ridge, NJ 07656 since 02 April 2024 and is currently estimated at $897,357, approximately $415 per square foot. 32 Summit St is a home located in Bergen County with nearby schools including Park Ridge High School and Our Lady of Mercy Academy.

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.

New Jersey MLS The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.

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