NOT LISTED FOR SALE

36 Prospect St Summit, NJ 07901

Estimated Value: $1,576,000 - $2,247,000

5 Beds
5 Baths
-- Sq Ft
0.33 Acres

Last Sold April 01, 2021

Last sale price $1,441,000

Est. 42% increase in value since last sale

Current estimated payment $12,938/month

13 Days on Market

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 2021

Wonderful 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.

Last Agent to Sell the Property

Maura Elia

PROMINENT PROPERTIES SIR Listed on: 01/19/2021

Last Buyer's Agent

Victoria Carter

WEICHERT REALTORS

WEICHERT REALTORS

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
  • Two Cooling Systems Mounted To A Wall/Window
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2918-03202-0000-00021-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,471

Year Built

Built in 1924

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1924
  • Year Built Description: Approximate
  • County Name: Union
  • Renovated Year: 2000
  • Street Number Display: 36
  • Directions: Morris Ave to Prospect Street
  • I D: 5040973
  • Modified: 2022-04-02
  • Number Images: 22
  • First Name: MAURA
  • First Name3: VICTORIA
  • Last Name: ELIA
  • Last Name3: CARTER
  • Office Phone: 908-273-8808
  • Office Phone3: 973-376-6748
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2000

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Family Room, Fireplace Equipment, Gas Fireplace, Living Room, Wood Burning
  • Number of Fireplaces: 2
  • Appliances: Carbon Monoxide Detector, CookGas, Dishwasher, Disposal, Dryer, Kitchen Exhaust Fan, Microwave Oven, Refrigerator, Self Cleaning Oven, Sump Pump, OvnWElec, Washer, WineRefr
  • Interior Amenities: Smoke Detector, StallShw, Walk-In Closet
  • Number Rooms: 11
  • Bedrooms: 5
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Soaking Tub, Stall Shower
  • Bathrooms: 3.20
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Description: Finished, French Drain
  • Basement Level Rooms: Bath(s) Other, Rec Room, Storage Room, Utility Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Center Island, Eat-In Kitchen
  • Kitchen Dim: 29x15
  • Kitchen Level: First
  • Living Room Dim: 29x15
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Dim: 22x12
  • Other Room1 Level: Third
  • Other Room 2: Office
  • Other Room2 Dim: 24x14
  • Other Room2 Level: First
  • Other Room 3: Rec Room
  • Other Room3 Dim: 32x34
  • Other Room3 Level: Basement
  • Other Room 4: Foyer
  • Other Room4 Dim: 6x16
  • Other Room4 Level: First
  • Level 1 Rooms: Dining Room, Family Room, Foyer, Kitchen, Living Room, MudRoom, Office, Pantry, Powder Room
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other, Laundry Room
  • Level 3 Rooms: 1 Bedroom, Bath(s) Other, Storage Room
  • Phone: 908-273-8808

Exterior Features

  • Exterior Description: Brick, Vinyl Siding
  • Exterior Features: Patio, Privacy Fence, Sidewalk, Storage Shed, Thermal Windows/Doors, Underground Lawn Sprinkler
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage, Loft Storage
  • Number Garage Spaces: 2
  • Parking Driveway Description: Additional Parking, Blacktop

Utilities

  • Cooling: 2 Units, Ceiling Fan, Central Air, Multi-Zone Cooling
  • Fuel Type: Gas-Natural
  • Heating: 2 Units, Forced Hot Air, Multi-Zone
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

  • Elementary School: Brayton
  • Middle School: Summit MS
  • High School: Summit HS
  • High School: Summit HS
  • Middle Jr High School: Summit MS

Lot Info

  • Lot Size: .331
  • Assessed Improvement Value: 288300
  • Assessed Land Value: 203600
  • Assessment: 491900
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 21
  • Lot I D Tax: *
  • Lot Size Tax: *

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 21471
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2918-03202-0000-00021-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 4.365
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: Brayton

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
$2,041,097

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$600,097
Avg. Annual Appreciation
8.03%
Original Mortgage
$1,141,000
Outstanding Balance
$1,026,259
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,014,838

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
Source: Public Records

Range of Values:

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Average Value
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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
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 Change Sq Ft Price
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

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 $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

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Map

Source: Garden State MLS

MLS Number: 3687940

Garden State MLS

APN: 18-03202-0000-00021