NOT LISTED FOR SALE

40 Twombly Dr Summit, NJ 07901

Estimated Value: $1,724,000 - $1,986,364

4 Beds
5 Baths
2,581 Sq Ft
$719/Sq Ft Est. Value

Last Sold August 01, 2024

Last sale price $1,735,000 $672 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $11,863/month

8 Days on Market

About This Home

As of August 2024

This home is located at 40 Twombly Dr, Summit, NJ 07901 since 09 April 2024 and is currently estimated at $1,856,341, approximately $719 per square foot. This property was built in 1955. 40 Twombly Dr 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.

Last Agent to Sell the Property

ELENA MANELLI

PROMINENT PROPERTIES SIR Brokerage Phone: 908-273-8808 Listed on: 04/09/2024

Co-Listed By

JILL BRAY

PROMINENT PROPERTIES SIR Brokerage Phone: 908-273-8808

Last Buyer's Agent

Suzanne Lear

PROMINENT PROPERTIES SIR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,973

Year Built

  • Built in 1955

Lot Details

  • 0.58

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,973

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Year Built: 1955
  • County Name: Union
  • Street Number Display: 40
  • I D: 5276796
  • Modified: 2025-08-02
  • Number Images: 1
  • Attribution Contact: 908-273-8808
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 4.10

Lot Info

  • Lot Size: .588

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2024
Closed on
Jul 26, 2024
Sold by
Vandoni Cesare and Venturin Marzia
Bought by
Nambudripad Unni and Nair Veena
Seller's Agent
ELENA MANELLI
PROMINENT PROPERTIES SIR
Buyer's Agent
Suzanne Lear
PROMINENT PROPERTIES SIR
List Price
$1,575,000
Sold Price
$1,735,000
Premium/Discount to List
$160,000
10.16%
Views
22
Current Estimated Value
$1,856,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,341
Avg. Annual Appreciation
6.59%
Original Mortgage
$1,200,000
Outstanding Balance
$1,185,938
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$670,403

Purchase Details

Listed on
Sep 24, 2014
Closed on
Aug 11, 2014
Sold by
Fries Russell W and Fries Linda C
Bought by
Vandoni Cesare and Venturin Marzia
Seller's Agent
Kim Cannon
PROMINENT PROPERTIES SIR
Buyer's Agent
MAUREEN KAELIN
PROMINENT PROPERTIES SIR
Sold Price
$1,037,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.35%

Purchase Details

Closed on
May 29, 2003
Sold by
Kneeley Donna
Bought by
Fries Russell and Fries Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.83%

Purchase Details

Closed on
May 9, 2003
Sold by
Kneeley John
Bought by
Kneeley Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.83%

Purchase Details

Closed on
Apr 11, 2002
Sold by
Estate Of Elizabeth D Souren and Souren John G
Bought by
Kneeley John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
8.35%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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 Buyer Sale Price Title Company
Nambudripad Unni $1,735,000 Empire Title & Abstract Agency
Vandoni Cesare $1,037,500 Ats Title Agency Inc
Fries Russell $810,000 --
Kneeley Donna -- --
Kneeley John $727,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nambudripad Unni $1,200,000
Previous Owner Fries Russel W $216,000
Previous Owner Fries Russell $240,000
Previous Owner Kneeley John $500,000
Previous Owner Souren Elizabeth D $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2024 08/01/24 Sold $1,735,000 +10.2% $672 / Sq Ft
04/19/2024 04/19/24 Pending -- -- --
04/11/2024 04/11/24 For Sale $1,575,000 +51.8% $610 / Sq Ft
09/24/2014 09/24/14 Sold $1,037,500 -- $402 / 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
2024 $20,973 $484,700 $301,100 $183,600
2023 $20,973 $484,700 $301,100 $183,600
2022 $20,760 $484,700 $301,100 $183,600
2021 $20,925 $484,700 $301,100 $183,600
2020 $21,133 $484,700 $301,100 $183,600
2019 $21,157 $484,700 $301,100 $183,600
2018 $21,021 $484,700 $301,100 $183,600
2017 $21,157 $484,700 $301,100 $183,600
2016 $20,447 $475,400 $301,100 $174,300
2015 $20,048 $475,400 $301,100 $174,300
2014 $19,529 $475,400 $301,100 $174,300
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2024

    ELENA MANELLI

    PROMINENT PROPERTIES SIR

  • J

    Seller Co-Listing Agent in 2024

    JILL BRAY

    PROMINENT PROPERTIES SIR

  • S

    Buyer's Agent in 2024

    Suzanne Lear

    PROMINENT PROPERTIES SIR

    (908) 376-2720

    68 in this area

    121 Total Sales

    Suzanne Lear
    Section Image
  • Kim Cannon

    Seller's Agent in 2014

    Kim Cannon

    PROMINENT PROPERTIES SIR

    (609) 947-4493

    104 in this area

    162 Total Sales

    Kim Cannon
    Section Image

  • M

    Buyer's Agent in 2014

    MAUREEN KAELIN

    PROMINENT PROPERTIES SIR

See All Agents

Map

Source: Garden State MLS

MLS Number: 3895054

Garden State MLS

APN: 18-03004-0000-00031

New Jersey Union County Summit 07901

40 Twombly Dr, Summit, NJ

This home is located at 40 Twombly Dr, Summit, NJ 07901 since 09 April 2024 and is currently estimated at $1,856,341, approximately $719 per square foot. This property was built in 1955. 40 Twombly Dr 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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