NOT LISTED FOR SALE

47 Hillcrest Ave Summit, NJ 07901

Estimated Value: $2,737,000 - $4,878,000

7 Beds
6 Baths
4,520 Sq Ft
$852/Sq Ft Est. Value

Last Sold September 25, 2020

Last sale price $3,333,000 $737 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $25,173/month

26 Days on Market

Highlights

  • Barn or Stable
  • Heated In Ground Pool
  • Carriage House
  • L C Johnson Summit Middle School Rated A+
  • 1.36 Acre Lot
  • Conservatory Room

About This Home

As of September 2020

John Cady designed Private Estate in the heart of Summit's coveted Northside includes the Main Home, two-story Carriage House,Garage,Pool & Spa, is a walk-to-town compound situated on 1.36 acres of towering oaks & lush gardens. The home has been renovated to cater to today's lifestyle & BOAsts oversized windows & 10 foot ceilings. The Kitchen includes a la Cornue range, dual sinks, and an 11-foot oak island with 2 in. marble top. Dining takes place in the adjoining Conservatory with glass vaulted ceiling.The Carriage House which could not be built under today's zoning, offers versatility as a home office, yoga studio, media room or to accommodate visitors. With approx. 7,500 sq ft of living space, this 7 Bedrooms 4.2 Bath authentic elegant property, is ideal for multigenerational living.

Last Agent to Sell the Property

Suzanne Lear

PROMINENT PROPERTIES SIR Listed on: 05/30/2020

Co-Listed By

JILL BRAY

PROMINENT PROPERTIES SIR

Last Buyer's Agent

MARY T. WEICHERT

WEICHERT REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $58,128

Year Built

  • Built in 1890

Lot Details

  • 1.36 Acre Lot
  • Level Lot
  • Sprinkler System
  • Property is zoned R-25

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Additional Parking

Home Design

  • Carriage House
  • Colonial Architecture
  • Wood Siding

Interior Spaces

  • Dry Bar
  • Beamed Ceilings
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Thermal Windows
  • Mud Room
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • 8 Fireplaces
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Game Room
  • Conservatory Room
  • Storage Room
  • Utility Room
  • Home Gym
  • Partially Finished Basement
  • Sump Pump

Kitchen

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

Flooring

  • Wood
  • Wall to Wall Carpet
  • Stone
  • Marble

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • In-Law or Guest Suite
  • Soaking Tub
  • Steam Shower
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Storm Windows
  • Storm Doors
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Spa

Outdoor Features

  • Patio
  • Pergola
  • Porch

Schools

  • Lincoln-Hubbard Elementary School
  • Summit Middle School
  • Summit High School

Horse Facilities and Amenities

  • Barn or Stable

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Standard Electricity
  • Water Filtration System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2918-01104-0000-00006-0000-
  • Tax Block *

Community Details

Amenities

  • Billiard Room

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$58,128

Year Built

Built in 1890

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1890
  • Year Built Description: Approximate
  • County Name: Union
  • Exclusions: antique lighting (7 fixtures)
  • Street Number Display: 47
  • Directions: Summit Ave to Hillcrest or Woodland Ave to Hillcrest
  • I D: 4982953
  • Modified: 2021-09-26
  • Number Images: 24
  • Section Subdiv Development: Northside
  • First Name: SUZANNE
  • First Name2: JILL
  • First Name3: MARY T.
  • Last Name: LEAR
  • Last Name2: BRAY
  • Last Name3: WEICHERT
  • Office Phone: 908-868-5245
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Marble, Stone, Wood
  • Fireplace Description: Bedroom 4, Dining Room, Family Room, Living Room, Wood Burning
  • Number of Fireplaces: 8
  • Appliances: Carbon Monoxide Detector, CookElec, CookGas, Dishwasher, Dryer, Range/Oven-Electric, Range/Oven-Gas, Refrigerator, Sump Pump, Washer, Water Filter
  • Interior Amenities: Bar-Dry, Beam Ceilings, Carbon Monoxide Detector, Cathedral Ceiling, Fire Alarm Sys, High Ceilings, Security System, Smoke Detector, SoakTub, StallShw, Steam, Walk-In Closet
  • Number Rooms: 20
  • Bedrooms: 7
  • Master Bedroom Desc: Fireplace, Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Third
  • Primary Bathroom Features: Soaking Tub, Stall Shower, Steam
  • Bathrooms: 4.20
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Description: Bilco-Style Door, Finished-Partially
  • Basement Level Rooms: Exercise Room, Rec Room, Storage Room, Utility Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • In Law Suite: Yes
  • In Law Suite Description: Bedroom 1, FamilyRm, Full Bath, Half Bath, Kitchen, SepEnter
  • Kitchen Area: Center Island, Eat-In Kitchen, Pantry, Separate Dining Area
  • Kitchen Dim: 21x15
  • Kitchen Level: First
  • Living Room Dim: 19x16
  • Living Room Level: First
  • Other Room 1: Conservatory
  • Other Room1 Dim: 21x14
  • Other Room1 Level: First
  • Other Room 2: Office
  • Other Room2 Dim: 15x10
  • Other Room2 Level: First
  • Other Room 3: Foyer
  • Other Room3 Dim: 16x15
  • Other Room3 Level: First
  • Other Room 4: Bedroom
  • Other Room4 Dim: 15x14
  • Other Room4 Level: Third
  • Other Level Rooms: MudRoom
  • Level 1 Rooms: Conservatory, Dining Room, Family Room, Foyer, Kitchen, Living Room, MudRoom, Office, Pantry, Porch, Powder Room
  • Level 2 Rooms: 3 Bedrooms, Bath Main, Bath(s) Other
  • Level 3 Rooms: 3 Bedrooms, Bath Main, Laundry Room
  • Ground Level Rooms: 1 Bedroom, Bath Main, GameRoom, Kitchen, Office, Powder Room, Storage Room, Utility Room
  • Phone: 908-273-8808

Exterior Features

  • Exterior Description: Wood
  • Exterior Features: Barbeque, Barn/Stable, Carriage House, Hot Tub, Open Porch(es), Patio, Pergola, Storm Door(s), Storm Window(s), Thermal Windows/Doors, Underground Lawn Sprinkler
  • Pool: Yes
  • Pool Description: Gunite, Heated, In-Ground Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Amenities: Billiards Room, Pool-Outdoor

Schools

  • Elementary School: Lincoln-Hubbard
  • Middle School: Summit MS
  • High School: Summit HS
  • High School: Summit HS
  • Middle Jr High School: Summit MS

Lot Info

  • Lot Size: 200X296
  • Assessed Improvement Value: 644000
  • Assessed Land Value: 687700
  • Assessment: 1331700
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 6
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 1.36
  • Zoning: R-25

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Street Number Tax: *
  • Tax Amount: 58128
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2918-01104-0000-00006-0000-
  • 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

Closed on
Mar 20, 2003
Sold by
Galligan Paul
Bought by
Galligan Paul and Galligan Cynthia
Current Estimated Value
$3,851,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$844,000
Interest Rate
5.86%

Purchase Details

Closed on
Aug 13, 2001
Sold by
Newbold John L and Newbold Judith B
Bought by
Galligan Paul T J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$854,000
Interest Rate
7%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

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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
Galligan Paul -- --
Galligan Paul T J $2,075,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Galligan Paul $844,000
Previous Owner Galligan Paul T J $854,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2020 09/25/20 Sold $3,333,000 -1.8% $737 / Sq Ft
06/25/2020 06/25/20 Pending -- -- --
05/30/2020 05/30/20 For Sale $3,395,000 -- $751 / 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 $58,009 $1,331,700 $687,700 $644,000
2024 $57,623 $1,331,700 $687,700 $644,000
2023 $57,623 $1,331,700 $687,700 $644,000
2022 $57,037 $1,331,700 $687,700 $644,000
2021 $57,489 $1,331,700 $687,700 $644,000
2020 $58,062 $1,331,700 $687,700 $644,000
2019 $58,129 $1,331,700 $687,700 $644,000
2018 $62,136 $1,432,700 $687,700 $745,000
2017 $62,537 $1,432,700 $687,700 $745,000
2016 $61,620 $1,432,700 $687,700 $745,000
2015 $60,417 $1,432,700 $687,700 $745,000
2014 $58,855 $1,432,700 $687,700 $745,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3636317

Garden State MLS

APN: 18-01104-0000-00006