NOT LISTED FOR SALE

40 Edgewood Rd Summit, NJ 07901

Estimated Value: $3,026,511 - $3,623,000

5 Beds
5.5 Baths
4,705 Sq Ft
$708/Sq Ft Est. Value

Last Sold November 12, 2020

Last sale price $2,347,500 $499 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $21,280/month

65 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Marble Flooring
  • L C Johnson Summit Middle School Rated A+
  • Recreation Room
  • High Ceiling

About This Home

As of November 2020

Style & Sophistication are the hallmarks of this totally renovated 5 bedroom, 5.1 bath Colonial in the prestigious Northside of Summit, blocks to town, NYC train & top-rated schools. Imagine entertaining in this elegant home. The front to back family room with coffered ceilings & fireplace has French doors to covered Porch which opens to a spacious patio. The eat-in kitchen is a chef's dream with marble counters, high end appliances & pantry. The formal dining room, office, mudroom, 2nd covered porch & powder room complete 1st floor. 5 beds, 4 full baths are nestled on 2nd & 3rd levels. The master suite features 2 walk-in closets & ensuite bath. The basement features rec room, laundry, mudroom, full bath, access to 2-car garage. A private & expansive yard complete this amazing home.

Last Agent to Sell the Property

Zander Oldendorp

COMPASS NEW JERSEY, LLC Listed on: 07/15/2020

COMPASS NEW JERSEY, LLC

Last Buyer's Agent

CYNTHIA BAKER

LOIS SCHNEIDER REALTOR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,162

Year Built

  • Built in 1934 | Remodeled

Lot Details

  • 0.45 Acre Lot
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Inside Entrance
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Tile

Interior Spaces

  • 4,705 Sq Ft Home
  • High Ceiling
  • Mud Room
  • Entrance Foyer
  • Family Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Storage Room
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Gas Oven or Range
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Separate Shower

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Garage Access

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Radiant Heating System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2918-03403-0000-00008-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,162

Year Built

Built in 1934 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1934
  • Year Built Description: Renovated
  • County Name: Union
  • Renovated Year: 2020
  • Street Number Display: 40
  • Directions: Springfield Ave to Edgewood
  • I D: 4998706
  • Modified: 2021-11-13
  • Number Images: 25
  • Section Subdiv Development: The Northside
  • First Name: ZANDER
  • First Name3: CYNTHIA
  • Last Name: OLDENDORP
  • Last Name3: BAKER
  • Office Phone: 973-229-6475
  • Office Phone3: 908-376-2702
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Renovated: 2020

Interior Features

  • Flooring: Marble, Tile, Wood
  • Fireplace Description: Family Room
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dishwasher, Range/Oven-Gas, Refrigerator
  • Interior Amenities: Carbon Monoxide Detector, Fire Extinguisher, High Ceilings, Smoke Detector, StallShw, TubShowr, Walk-In Closet
  • Number Rooms: 12
  • 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: Third
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 5.10
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished, Full
  • Basement Level Rooms: GarEnter, Laundry Room, MudRoom, Rec Room, Storage Room, Walkout
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Kitchen Area: Center Island, Eat-In Kitchen, Pantry
  • Kitchen Dim: 22x16
  • Kitchen Level: First
  • Other Room 1: Bedroom
  • Other Room1 Dim: 15x11
  • Other Room1 Level: Third
  • Other Room 2: Rec Room
  • Other Room2 Dim: 35x14
  • Other Room2 Level: Basement
  • Other Room 3: MudRoom
  • Other Room3 Dim: 12x22
  • Other Room 4: MudRoom
  • Other Room4 Dim: 10x1
  • Other Room4 Level: First
  • Level 1 Rooms: Dining Room, Family Room, Foyer, Kitchen, MudRoom, Office, Pantry, Porch, Powder Room
  • Level 2 Rooms: 3 Bedrooms, Bath(s) Other, Laundry Room
  • Level 3 Rooms: 2 Bedrooms, Bath Main, Storage Room
  • Estimated Sq Ft: 4705
  • Phone: 973-310-6816

Exterior Features

  • Exterior Description: Brick, CedarSid
  • Exterior Features: Curbs, Deck, Patio
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage, Garage Door Opener, InEntrnc
  • Number Garage Spaces: 2
  • Number Parking Spaces: 2
  • Parking Driveway Description: 1 Car Width, Blacktop

Utilities

  • Cooling: 4 Units, Central Air, Multi-Zone Cooling
  • Fuel Type: Gas-Natural
  • Heating: 4 Units, Forced Hot Air, Multi-Zone, Radiant - Electric
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Lot Info

  • Lot Size: 115X172
  • Assessed Improvement Value: 251900
  • Assessed Land Value: 416200
  • Assessment: 668100
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 8
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.45
  • Zoning: residential

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 29162
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2918-03403-0000-00008-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 4.365
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year Tax: *
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2020
Closed on
Nov 9, 2020
Sold by
40 Edgewood Road Llc
Bought by
Greenstein Adam and Greenstein Robyn
Seller's Agent
Zander Oldendorp
COMPASS NEW JERSEY, LLC
Buyer's Agent
CYNTHIA BAKER
LOIS SCHNEIDER REALTOR
List Price
$2,499,000
Sold Price
$2,347,500
Premium/Discount to List
-$151,500
-6.06%
Current Estimated Value
$3,330,837

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$983,337
Avg. Annual Appreciation
6.57%
Original Mortgage
$1,643,250
Interest Rate
2.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 20, 2019
Sold by
Pollak Henry O
Bought by
40 Edgewood Road Llc
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
Greenstein Adam $2,347,500 Simplicity Title Llc
40 Edgewood Road Llc $1,110,000 Simplicity Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Greenstein Adam $1,643,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2020 11/12/20 Sold $2,347,500 -6.1% $499 / Sq Ft
09/18/2020 09/18/20 Pending -- -- --
07/15/2020 07/15/20 For Sale $2,499,000 -- $531 / Sq Ft
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 $43,442 $922,300 $416,200 $506,100
2024 $43,153 $997,300 $416,200 $581,100
2023 $43,153 $997,300 $416,200 $581,100
2022 $41,755 $974,900 $416,200 $558,700
2021 $42,086 $974,900 $416,200 $558,700
2020 $29,129 $668,100 $416,200 $251,900
2019 $29,163 $668,100 $416,200 $251,900
2018 $28,976 $668,100 $416,200 $251,900
2017 $29,163 $668,100 $416,200 $251,900
2016 $28,735 $668,100 $416,200 $251,900
2015 $28,174 $668,100 $416,200 $251,900
2014 $27,446 $668,100 $416,200 $251,900
Source: Public Records

Agents Affiliated with this Home

  • Zander Oldendorp

    Seller's Agent in 2020

    Zander Oldendorp

    COMPASS NEW JERSEY, LLC

    (973) 229-6475

    57 in this area

    159 Total Sales

    Zander Oldendorp
    Section Image

  • C

    Buyer's Agent in 2020

    CYNTHIA BAKER

    LOIS SCHNEIDER REALTOR

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Map

Source: Garden State MLS

MLS Number: 3648417

Garden State MLS

APN: 18-03403-0000-00008

New Jersey Union County Summit 07901

40 Edgewood Rd, Summit, NJ

This home is located at 40 Edgewood Rd, Summit, NJ 07901 since 15 July 2020 and is currently estimated at $3,330,837, approximately $707 per square foot. This property was built in 1934. 40 Edgewood Rd is a home located in Union County with nearby schools including L C Johnson Summit Middle School, Summit Sr High School, and Kent Place School.

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