NOT LISTED FOR SALE

45 Wade Dr Summit, NJ 07901

Estimated Value: $1,180,146 - $1,615,000

5 Beds
2 Baths
-- Sq Ft
10,280 Sq Ft Lot

Last Sold July 27, 2021

Last sale price $825,000

Est. 61% increase in value since last sale

Current estimated payment $7,971/month

4 Days on Market

Highlights

  • Cathedral Ceiling
  • Wood Flooring
  • Formal Dining Room
  • L C Johnson Summit Middle School Rated A+
  • Home Office
  • 2 Car Detached Garage

About This Home

As of July 2021

Move-in ready, Lovely neighborhood. New Kitchen appliances with new quartz countertops and subway tile backsplash, 2 car garage with additional storage upstairs. Large level yard. Many updates. Updates include new roof, gutters, hot water heater, HVAC, W/D. Freshly painted interior and exterior. Spacious LR w/fireplace, cathedral ceiling, and rustic wood beams, custom trim throughout. Basement has two add l storage rooms. Flex Room: Possible 5th BR/Office. Short distance to Magic Fountain ice cream, Tatlock park / playground, tennis / basketball courts, Washington School, Oratory Prep. Proximity to NYC, easy access to NYC direct train, sought-after school district & downtown Summit. Screened in front porch. Downstairs space can be used for private home office with private in/out access.

Last Agent to Sell the Property

TERRI E. HUTCHINSON

COMPASS NEW JERSEY, LLC Listed on: 06/12/2021

Last Buyer's Agent

TERRI E. HUTCHINSON

COMPASS NEW JERSEY, LLC Listed on: 06/12/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,573

Year Built

  • Built in 1955

Lot Details

  • 10,280

Parking

  • 2 Car Detached Garage
  • Oversized Parking
  • Additional Parking

Home Design

  • Wood Shingle Roof
  • Tile

Interior Spaces

  • Cathedral Ceiling
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office

Kitchen

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

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • In-Law or Guest Suite
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Crawl Space

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Schools

  • Washington Elementary School
  • Summit Middle School
  • Summit High School

Utilities

  • Central Air
  • One Cooling System Mounted To A Wall/Window
  • Underground Utilities

Additional Features

  • Patio
  • Level Lot

Listing and Financial Details

  • Assessor Parcel Number 2918-00305-0000-00015-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,573

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Style: Split Level
  • Primary Style: Split Level
  • Subproperty Type: Single Family
  • Year Built: 1955
  • Year Built Description: Approximate
  • County Name: Union
  • Possible Other Uses: Home-Office
  • Directions: Canoe Brook to Hartley to Wade
  • I D: 5079383
  • Section Subdiv Development: Canoe Brook
  • First Name: TERRI E.
  • First Name3: TERRI E.
  • Last Name: HUTCHINSON
  • Last Name3: HUTCHINSON
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Renovated: 2021

Interior Features

  • Flooring: Tile, Vinyl-Linoleum, Wood
  • Fireplace Description: Living Room
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dishwasher, Dryer, Range/Oven-Gas, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Carbon Monoxide Detector, Cathedral Ceiling, Fire Extinguisher, High Ceilings, Smoke Detector
  • Bedrooms: 5
  • Master Bedroom Desc: Full Bath
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Third
  • Primary Bathroom Features: Tub Shower
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Crawl Space, Finished, Walkout
  • Dining Room Level: First
  • Dining Area: Living/Dining Combo
  • Family Room Level: Ground
  • In Law Suite: Yes
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Bedroom/Office
  • Other Room1 Level: Ground
  • Other Room 2: Pantry
  • Other Room2 Level: Ground
  • Other Room 3: Storage Room
  • Other Room3 Level: Ground
  • Level 1 Rooms: Dining Room, Kitchen, LivDinRm
  • Level 2 Rooms: 3 Bedrooms, Bath Main, Bath(s) Other
  • Level 3 Rooms: 1 Bedroom
  • Ground Level Rooms: Family Room, Laundry Room, Office, SeeRem, Walkout
  • Phone: 973-310-6816

Exterior Features

  • Exterior Description: Wood Shingle
  • Exterior Features: Curbs, Patio
  • Roof Description: Asphalt Shingle

Garage/Parking

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

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit
  • Sewer: Public Sewer
  • Utilities: All Underground
  • Water: Public Water

Schools

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

Lot Info

  • Lot Size: 75X137
  • Easement: Unknown
  • Lot Description: Level Lot
  • 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: 10573
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2918-00305-0000-00015-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 4.360
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2020

MLS Schools

  • Grade School: Washington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2021
Closed on
Jul 23, 2021
Sold by
Rajes John Harvey and Stene Ruth Renee
Bought by
Cantor Jason and Lassoni Karen
Seller's Agent
TERRI E. HUTCHINSON
COMPASS NEW JERSEY, LLC
Buyer's Agent
TERRI E. HUTCHINSON
COMPASS NEW JERSEY, LLC
List Price
$820,000
Sold Price
$825,000
Premium/Discount to List
$5,000
0.61%
Current Estimated Value
$1,329,537

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$504,537
Avg. Annual Appreciation
11.40%
Original Mortgage
$783,750
Outstanding Balance
$711,132
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$618,405

Purchase Details

Listed on
Jul 31, 2014
Closed on
Jul 31, 2014
Sold by
Brandeis Anne M
Bought by
Rajes John Harvey and Stene Ruth Renee
Buyer's Agent
TERRI E. HUTCHINSON
COMPASS NEW JERSEY, LLC
Sold Price
$656,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.33%
Original Mortgage
$557,600
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 1996
Sold by
Liu Sally
Bought by
Brandeis Anne M

Purchase Details

Closed on
Dec 21, 1994
Sold by
Shis Enchung Peter and Liu Sally
Bought by
Liu Sally
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cantor Jason $825,000 Addison Abstract Llc
Rajes John Harvey $656,000 Couch Braunsdorf Title Inc
Brandeis Anne M $238,000 --
Liu Sally -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cantor Jason $783,750
Previous Owner Rajes John Harvey $557,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/27/2021 07/27/21 Sold $825,000 +0.6% --
06/24/2021 06/24/21 Pending -- -- --
06/19/2021 06/19/21 For Sale $820,000 +25.0% --
07/31/2014 07/31/14 Sold $656,000 -- -- View Prior Sale
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 $12,306 $282,500 $142,200 $140,300
2024 $12,224 $282,500 $142,200 $140,300
2023 $12,224 $282,500 $142,200 $140,300
2022 $12,099 $282,500 $142,200 $140,300
2021 $10,469 $242,500 $142,200 $100,300
2020 $10,573 $242,500 $142,200 $100,300
2019 $10,585 $242,500 $142,200 $100,300
2018 $10,517 $242,500 $142,200 $100,300
2017 $10,585 $242,500 $142,200 $100,300
2016 $10,430 $242,500 $142,200 $100,300
2015 $10,226 $242,500 $142,200 $100,300
2014 $9,962 $242,500 $142,200 $100,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3719769

Garden State MLS

APN: 18-00305-0000-00015