NOT LISTED FOR SALE

48 Bedford Rd Summit, NJ 07901

Summit Area

Estimated Value: $2,481,000 - $2,963,826

6 Beds
4 Baths
3,604 Sq Ft
$773/Sq Ft Est. Value

Sale Details

Date Sold: July 31, 2023

Last sale price $2,125,000 $590 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $18,215 / mo

8 Days on Market

About This Home

As of July 2023

This home is located at 48 Bedford Rd, Summit, NJ 07901 since 18 May 2023 and is currently estimated at $2,786,957, approximately $773 per square foot. This property was built in 1988. 48 Bedford 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.

Last Agent to Sell the Property

KAREN E. BIGOS

COMPASS NEW JERSEY, LLC Brokerage Phone: 973-310-6816 Listed on: 05/18/2023

Last Buyer's Agent

Sindee Buchalter

COMPASS NEW JERSEY, LLC

COMPASS NEW JERSEY, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1988

Lot Details

  • 0.38

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 1988

Lot Details

0.38 Acres

Listing Details

  • Year Built: 1988
  • County Name: Union
  • I D: 5220799
  • Attribution Contact: 973-310-6816
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 6
  • Bathrooms: 3.20

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2023
Closed on
Jul 24, 2023
Sold by
Bought by
Seller's Agent
KAREN E. BIGOS
COMPASS NEW JERSEY, LLC
Buyer's Agent
Sindee Buchalter
COMPASS NEW JERSEY, LLC
List Price
$1,999,948
Sold Price
$2,125,000
Premium/Discount to List
$125,052
6.25%
Views
79
Current Estimated Value
$2,786,957

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$661,957
Avg. Annual Appreciation
9.56%
Original Mortgage
$1,700,000
Interest Rate
0.0738%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2004
Sold by
Bought by

Purchase Details

Closed on
Jan 11, 1995
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,125,000 Acres Land Title
$1,335,000 --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,700,000
Previous Owner $7,050,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/31/2023 07/31/23 Sold $2,125,000 +6.3% $590 / Sq Ft
05/26/2023 05/26/23 Pending -- -- --
05/18/2023 05/18/23 For Sale $1,999,948 -- $555 / Sq Ft
Source: Garden State MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $36,890 $775,100 $169,900 $605,200
2025 $36,890 $825,100 $169,900 $655,200
2024 $35,702 $825,100 $169,900 $655,200
2023 $35,702 $825,100 $169,900 $655,200
2022 $35,339 $825,100 $169,900 $655,200
2021 $35,620 $825,100 $169,900 $655,200
2020 $35,974 $825,100 $169,900 $655,200
2019 $36,016 $825,100 $169,900 $655,200
2018 $34,731 $800,800 $169,900 $630,900
2017 $34,955 $800,800 $169,900 $630,900
2016 $34,442 $800,800 $169,900 $630,900
2015 $33,770 $800,800 $169,900 $630,900
2014 $32,897 $800,800 $169,900 $630,900
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2023

    KAREN E. BIGOS

    COMPASS NEW JERSEY, LLC

  • S

    Buyer's Agent in 2023

    Sindee Buchalter

    COMPASS NEW JERSEY, LLC

    (973) 202-7260

    22 Total Sales

    Sindee Buchalter
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Map

Source: Garden State MLS

MLS Number: 3844586

Garden State MLS

APN: 18-01103-0000-00005

New Jersey Union County Summit 07901

48 Bedford Rd, Summit, NJ

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