$630,000
SOLD NOV 20, 2024

322 Summit St Norwood, NJ 07648

3 Beds
2 Baths
1,384 Sq Ft
0.49 Acres

Recently Sold

$455 Per Sq Ft

10% Below List Price

106 Days on Market

Highlights

  • 21,414 Sq Ft lot
  • Norwood Public School Rated A
  • Rectangular Lot

About This Home

As of July 2025

Nestled in the serene surroundings of Summit Street, this property offers a tranquil retreat spanning over nearly a half an acre of lush land. With ample space and natural beauty, it presents an ideal canvas for realizing your vision of a dream home. Whether you're inclined to renovate the existing structure or embark on a new construction journey, this expansive parcel of land provides endless possibilities. Imagine crafting a residence perfectly tailored to your lifestyle, surrounded by the peaceful ambiance of its verdant setting. Convenience meets charm as this property boasts proximity to local schools.

Last Agent to Sell the Property

Rebecca LaPira

RE/MAX Signature Homes Listed on: 05/20/2024

Co-Listed By

Edward An

RE/MAX Signature Homes

Last Buyer's Agent

Rebecca LaPira

RE/MAX Signature Homes Listed on: 05/20/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,100

Lot Details

  • 0.49 Acre Lot
  • Rectangular Lot

Parking

  • 1 Car Garage

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 00006 / 00105

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,100

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Regular
  • View Type:Pond View: None
  • Co List Office Phone: (201) 660-9933
  • MLS Status: Sold - Sold
  • Directions: Direct
  • Reso Fireplace Features: None
  • Year Built Details: 1900-1939,Build Prior to 1978
  • PropertySubTypeAdditional: Sidehall
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Primary Bathroom: No

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - Yes
  • Construction Type: Other

Garage/Parking

  • Garage Spaces: 1.0

Utilities

  • Cooling: None
  • Heating: Natural Gas

Lot Info

  • Lot Size Sq Ft: 21414.0

Tax Info

  • Tax Annual Amount: 9100.0
  • Tax Block: 00105
  • Tax Lot: 00006

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2025
Closed on
Jun 11, 2025
Sold by
322 Summit Street Llc
Bought by
Tian Ye and Wang Shanshan
Seller's Agent
Miyoung Hur
Coldwell Banker, Alpine/Closter
Buyer's Agent
Miyoung Hur
Coldwell Banker, Alpine/Closter
List Price
$1,700,000
Sold Price
$1,500,000
Premium/Discount to List
-$200,000
-11.76%
Views
33

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-88.21%
Original Mortgage
$575,000
Outstanding Balance
$574,034
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$491,436

Purchase Details

Listed on
May 20, 2024
Closed on
Oct 16, 2024
Sold by
Straub Muriel Martens and Straub Stanley
Bought by
322 Summit Street Llc
Seller's Agent
Rebecca LaPira
RE/MAX Signature Homes
Buyer's Agent
Rebecca LaPira
RE/MAX Signature Homes
List Price
$699,999
Sold Price
$630,000
Premium/Discount to List
-$69,999
-10%
Views
93

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
287.86%
Original Mortgage
$409,500
Interest Rate
6.72%
Mortgage Type
New Conventional
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 $1,500,000 Hudson One Title
Deed $1,500,000 Hudson One Title
Deed $630,000 Gold Coast Title
Deed $630,000 Gold Coast Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $575,000 New Conventional
Closed $575,000 New Conventional
Previous Owner $409,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2025 07/11/25 Sold $1,500,000 -11.8% $1,084 / Sq Ft
01/28/2025 01/28/25 Pending -- -- --
01/08/2025 01/08/25 For Sale $1,700,000 +169.8% $1,228 / Sq Ft
11/20/2024 11/20/24 Sold $630,000 -10.0% $455 / Sq Ft
09/03/2024 09/03/24 Pending -- -- --
08/21/2024 08/21/24 For Sale $699,999 0.0% $506 / Sq Ft
08/02/2024 08/02/24 Pending -- -- --
05/20/2024 05/20/24 For Sale $699,999 -- $506 / 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
2025 $9,682 $352,200 $265,600 $86,600
2024 $9,316 $352,200 $265,600 $86,600
2023 $8,851 $352,200 $265,600 $86,600
2022 $9,101 $352,200 $265,600 $86,600
2021 $8,101 $352,200 $265,600 $86,600
2020 $8,865 $352,200 $265,600 $86,600
2019 $8,608 $352,200 $265,600 $86,600
2018 $8,601 $352,200 $265,600 $86,600
2017 $8,558 $352,200 $265,600 $86,600
2016 $8,361 $352,200 $265,600 $86,600
2015 $7,784 $352,200 $265,600 $86,600
2014 $7,692 $352,200 $265,600 $86,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 24015654

New Jersey MLS

APN: 41-00105-0000-00006