NOT LISTED FOR SALE

38 Oakley Ave Summit, NJ 07901

Estimated Value: $1,583,000 - $2,060,000

4 Beds
3.5 Baths
-- Sq Ft
10,019 Sq Ft Lot

Last Sold September 08, 2020

Last sale price $1,050,000

Est. 75% increase in value since last sale

Current estimated payment $11,931/month

63 Days on Market

Highlights

  • Colonial Architecture
  • Recreation Room
  • Sun or Florida Room
  • L C Johnson Summit Middle School Rated A+
  • Wood Flooring
  • High Ceiling

About This Home

As of September 2020

House can be shown with advance notice (new protocol to be followed) - Extremely bright classic center hall colonial built in the 1920's.A+ location! ...butler's pantry, entrance vestibule, LR w/woodburning fp ("as-is" condition), new CAC, cozy den + 3/season porch. 2nd floor incl master w/dressing area, closet + private full bath. Charming window seat in staircase landing providing tons of natural light on both levels. Two addtl bedrooms share a full bath and 4th bedrm is located on 3rd fl w/full bath (perfect for guest ste or au-pair) - LL incl laundry/utility rm, semi-finished with recreation space and potential for exercise area + ample storage. Sidewalk out front, park/playground within block, easy access (5 min drive or less) to train/bus/town/schools

Last Agent to Sell the Property

DIANE TERRY

KELLER WILLIAMS REALTY Listed on: 05/22/2020

Last Buyer's Agent

Mark Slade

KELLER WILLIAMS MID-TOWN DIRECT

KELLER WILLIAMS MID-TOWN DIRECT

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,398

Year Built

  • Built in 1925

Lot Details

  • 10,019 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Wood Siding
  • Tile

Interior Spaces

  • High Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Blinds
  • Mud Room
  • Entrance Foyer
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Den
  • Recreation Room
  • Sun or Florida Room
  • Storage Room
  • Laundry Room
  • Utility Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Dressing Area
  • Powder Room
  • Bathtub with Shower

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Front Basement Entry

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Enclosed Patio or Porch

Schools

  • Lincoln-Hubbard Elementary School
  • Summit High School

Utilities

  • Central Air
  • One Cooling System Mounted To A Wall/Window
  • Radiator
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2918-01702-0000-00036-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,398

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1925
  • Year Built Description: Approximate
  • County Name: Union
  • Exclusions: SEE LBR
  • Street Number Display: 38
  • Directions: Springfield Ave or Beekman Rd to Oakley (near Pine Grove)
  • I D: 4983359
  • Modified: 2021-09-23
  • Number Images: 22
  • First Name: DIANE
  • First Name3: MARK
  • Last Name: TERRY
  • Last Name3: SLADE
  • Office Phone3: 973-762-5400
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Tile, Wood
  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dishwasher, Range/Oven-Gas, Refrigerator
  • Interior Amenities: Blinds, Carbon Monoxide Detector, Fire Extinguisher, High Ceilings, Smoke Detector, SoakTub, TubShowr
  • Number Rooms: 10
  • Bedrooms: 4
  • Master Bedroom Desc: Dressing Room, Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Third
  • Primary Bathroom Features: Tub Shower
  • Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished-Partially, Full, Unfinished
  • Basement Level Rooms: Laundry Room, Outside Entrance, Rec Room, Storage Room, Utility Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: First
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 12x12
  • Kitchen Level: First
  • Living Room Dim: 22x13
  • Living Room Level: First
  • Other Room 1: Breakfast
  • Other Room1 Dim: 8x8
  • Other Room1 Level: First
  • Other Room 2: Florida/3Season
  • Other Room2 Dim: 10x15
  • Other Room2 Level: First
  • Other Room 3: Rec Room
  • Other Room3 Dim: 21x12
  • Other Room3 Level: Basement
  • Other Room 4: Storage Room
  • Other Room4 Dim: 14x20
  • Other Room4 Level: Basement
  • Level 1 Rooms: Breakfast Room, Den, Dining Room, Entrance Vestibule, Florida/3Season, Foyer, Kitchen, Living Room, MudRoom, Powder Room
  • Level 2 Rooms: 3 Bedrooms, Bath Main, Bath(s) Other
  • Level 3 Rooms: 1 Bedroom, Bath(s) Other
  • Phone: 908-273-2991

Exterior Features

  • Exterior Description: Brick, Wood
  • Exterior Features: Curbs, Enclosed Porch(es), Patio, Sidewalk
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 5
  • Parking Driveway Description: 1 Car Width, Hard Surface

Utilities

  • Cooling: 1 Unit, Ceiling Fan, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Radiators - Hot Water
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

  • Elementary School: Lincoln-Hubbard
  • High School: Summit HS
  • High School: Summit HS

Lot Info

  • Lot Size: 75X135
  • Assessed Improvement Value: 254600
  • Assessed Land Value: 189800
  • Assessment: 444400
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 36
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.23

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 19398
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2918-01702-0000-00036-0000-
  • 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: Lincoln-Hubbard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2020
Closed on
Sep 1, 2020
Sold by
Cordrey Mattew W and Cordrey Elissa Carol
Bought by
Ismert Nicholas and Ismert Wyn
Seller's Agent
DIANE TERRY
KELLER WILLIAMS REALTY
Buyer's Agent
Mark Slade
KELLER WILLIAMS MID-TOWN DIRECT
List Price
$1,195,000
Sold Price
$1,050,000
Premium/Discount to List
-$145,000
-12.13%
Current Estimated Value
$1,838,064

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$788,064
Avg. Annual Appreciation
10.49%
Original Mortgage
$765,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2000
Sold by
Dean Ruth W
Bought by
Cordrey Matthew M and Cordrey Elissa Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
7.48%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Ismert Nicholas $1,050,000 Title On Demand Of Nj Inc
Cordrey Matthew M $640,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ismert Nicholas $765,000
Previous Owner Cordrey Matthew M $494,000
Previous Owner Cordrey Matthew M $240,000
Previous Owner Cordrey Matthew M $165,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2020 09/08/20 Sold $1,050,000 -8.6% --
07/24/2020 07/24/20 Pending -- -- --
06/25/2020 06/25/20 Price Changed $1,149,000 -3.8% --
05/22/2020 05/22/20 For Sale $1,195,000 -- --
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 $25,657 $589,000 $189,800 $399,200
2024 $21,021 $589,000 $189,800 $399,200
2023 $21,021 $485,800 $189,800 $296,000
2022 $20,807 $485,800 $189,800 $296,000
2021 $20,972 $485,800 $189,800 $296,000
2020 $19,376 $444,400 $189,800 $254,600
2019 $19,398 $444,400 $189,800 $254,600
2018 $19,274 $444,400 $189,800 $254,600
2017 $19,398 $444,400 $189,800 $254,600
2016 $19,114 $444,400 $189,800 $254,600
2015 $18,740 $444,400 $189,800 $254,600
2014 $18,256 $444,400 $189,800 $254,600
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2020

    DIANE TERRY

    KELLER WILLIAMS REALTY

  • Mark Slade

    Buyer's Agent in 2020

    Mark Slade

    KELLER WILLIAMS MID-TOWN DIRECT

    (917) 797-5059

    1 in this area

    183 Total Sales

    Mark Slade
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3634439

Garden State MLS

APN: 18-01702-0000-00036

New Jersey Union County Summit 07901

38 Oakley Ave, Summit, NJ

This home is located at 38 Oakley Ave, Summit, NJ 07901 since 22 May 2020 and is currently estimated at $1,838,064. This property was built in 1925. 38 Oakley Ave 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.

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