M
Seller's Agent in 2021
Maura Elia
PROMINENT PROPERTIES SIR
(908) 273-8808
11 in this area
14 Total Sales
36 Prospect St Summit, NJ 07901
Estimated Value: $1,724,000 - $2,176,933
5
Beds
5
Baths
--
Sq Ft
0.33
Acres
Highlights
- Colonial Architecture
- Family Room with Fireplace
- Wood Flooring
- L C Johnson Summit Middle School Rated A+
- Recreation Room
- Mud Room
About This Home
As of April 2021Wonderful LOCATION! This dreamy 1920s Dutch Colonial has been updated top to bottom to accommodate modern living and entertaining. From elegant formal reception rooms to an open concept kitchen/FR that spill out to a fabulous backyard retreat with fire pit, to a private office, this home handles it all with a distinctly airy vibe. Upstairs a sun-filled master suite with huge walk-in closet is one of five bedrooms, while downstairs a lower level rec room offers additional space to gather. Major upgrades include newer plumbing, electrical, multi-zone HVAC, windows and a two story addition with gas fireplace. Best yet is the location, tucked within blocks of Memorial Field, top-rated schools, local shops, eateries, Summit's annual fireworks, and NJ Transit MIdtown Direct service to NYC.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $21,471
Year Built
- Built in 1924
Lot Details
- Privacy Fence
- Level Lot
- Sprinkler System
Parking
- 2 Car Detached Garage
- Additional Parking
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Vinyl Siding
- Tile
Interior Spaces
- Ceiling Fan
- Wood Burning Fireplace
- Gas Fireplace
- Thermal Windows
- Mud Room
- Entrance Foyer
- Family Room with Fireplace
- 2 Fireplaces
- Living Room with Fireplace
- Formal Dining Room
- Home Office
- Recreation Room
- Storage Room
- Utility Room
Kitchen
- Eat-In Kitchen
- Self-Cleaning Oven
- Recirculated Exhaust Fan
- Microwave
- Dishwasher
- Wine Refrigerator
- Kitchen Island
Flooring
- Wood
- Wall to Wall Carpet
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary bedroom located on second floor
- En-Suite Primary Bedroom
- Walk-In Closet
- Powder Room
- Soaking Tub
- Separate Shower
Laundry
- Laundry Room
- Dryer
- Washer
Finished Basement
- Sump Pump
- French Drain
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Patio
- Storage Shed
Schools
- Brayton Elementary School
- Summit Middle School
- Summit High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Standard Electricity
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 2918-03202-0000-00021-0000-
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 19, 2021
Closed on
Mar 11, 2021
Sold by
Newsham Neil and Newsham Marilyn
Bought by
Thill Peter and Nakamura Yoriko M
Seller's Agent
Maura Elia
PROMINENT PROPERTIES SIR
Buyer's Agent
Victoria Carter
WEICHERT REALTORS
List Price
$1,375,000
Sold Price
$1,441,000
Premium/Discount to List
$66,000
4.8%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$560,483
Avg. Annual Appreciation
7.15%
Original Mortgage
$1,141,000
Outstanding Balance
$1,026,259
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$975,224
Purchase Details
Closed on
Mar 10, 1998
Sold by
Gianis Jenny and Cougle Georgia G
Bought by
Newsham Neil and Newsham Marilyn
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
7.37%
Purchase Details
Closed on
May 3, 1995
Sold by
Lage Antonio M and Lage Herminia
Bought by
Royes Junior and Royes Carol
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Thill Peter | $1,441,000 | A Absolute Settlement Co Inc | |
| Newsham Neil | $370,000 | -- | |
| Royes Junior | $153,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Thill Peter | $1,141,000 | |
| Previous Owner | Newsham Neil | $296,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/01/2021 04/01/21 | Sold | $1,441,000 | +4.8% | -- |
| 02/01/2021 02/01/21 | Pending | -- | -- | -- |
| 01/19/2021 01/19/21 | For Sale | $1,375,000 | -- | -- |
Source: Garden State MLS
Tax History Compared to Growth
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 | $25,409 | $583,300 | $203,600 | $379,700 |
| 2024 | $25,239 | $583,300 | $203,600 | $379,700 |
| 2023 | $25,239 | $583,300 | $203,600 | $379,700 |
| 2022 | $24,983 | $583,300 | $203,600 | $379,700 |
| 2021 | $21,235 | $491,900 | $203,600 | $288,300 |
| 2020 | $21,447 | $491,900 | $203,600 | $288,300 |
| 2019 | $21,471 | $491,900 | $203,600 | $288,300 |
| 2018 | $21,334 | $491,900 | $203,600 | $288,300 |
| 2017 | $21,471 | $491,900 | $203,600 | $288,300 |
| 2016 | $21,157 | $491,900 | $203,600 | $288,300 |
| 2015 | $20,743 | $491,900 | $203,600 | $288,300 |
| 2014 | $20,207 | $491,900 | $203,600 | $288,300 |
Source: Public Records
Agents Affiliated with this Home
-
Maura Elia
-
Victoria Carter
V
Buyer's Agent in 2021
Victoria Carter
WEICHERT REALTORS
(973) 376-6748
14 in this area
463 Total Sales
Map
Source: Garden State MLS
MLS Number: 3687940
APN: 18-03202-0000-00021
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