NOT LISTED FOR SALE

49 Fernwood Rd Summit, NJ 07901

Estimated Value: $1,812,000 - $2,696,000

5 Beds
3.5 Baths
2,897 Sq Ft
$754/Sq Ft Est. Value

Last Sold August 22, 2022

Last sale price $1,725,000 $595 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $14,253/month

7 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Recreation Room
  • L C Johnson Summit Middle School Rated A+
  • Family Room with Fireplace
  • Marble Flooring

About This Home

As of August 2022

Beautifully renovated, updated and expanded Colonial located on one of Summit's most coveted Northside streets close to Lincoln-Hubbard School, town and NYC transportation.The Gourmet Kitchen with top of the line appliances: 6 Burner Wolf cooktop, Dacor Wall Oven, built in Dacor Microwave and Bosch Dishwasher also boasts a sunny Breakfast Area with banquette seating adjacent to the Family Room with Gas Fireplace. French Doors lead to the spacious composite deck overlooking the professionally landscaped yard. The Formal Dining Room with Butler's Pantry and Formal Living Room with Wood burning Fireplace are perfect for special celebrations. The first floor Bedroom is currently being used as an office.The second floor features a gracious Master Suite with an elegant Bath, Walk-in Closet and Office Alcove. Additionally there are 3 bedrooms an updated Hall Bathroom and Laundry Area. The walk out lower level features a Rec Room, large Office, Gym or Au Pair Suite,Full Bath, Mud Room and Garage Entrance. Chimney was renovated (2018) supporting documents available. Fireplaces' chimneys and flues being conveyed as is. Recent upgrades include built in generator (2019), four zone in ground sprinkler system (2019), washer, dryer (2020)

Last Agent to Sell the Property

ELIZABETH E. LECKY

PROMINENT PROPERTIES SIR Listed on: 06/14/2022

Co-Listed By

CATHERINE LUTZ

PROMINENT PROPERTIES SIR

Last Buyer's Agent

ALLISON B LEES

PROMINENT PROPERTIES SIR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,011

Year Built

  • Built in 1928

Lot Details

  • 0.4

Parking

  • 1 Car Direct Access Garage
  • Additional Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Tile

Interior Spaces

  • Dry Bar
  • Wood Burning Fireplace
  • Gas Fireplace
  • Shades
  • Blinds
  • Mud Room
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Utility Room

Kitchen

  • Eat-In Kitchen
  • <<microwave>>
  • 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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Front Basement Entry

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Schools

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

Utilities

  • Zoned Heating and Cooling
  • One Cooling System Mounted To A Wall/Window
  • Standard Electricity
  • Gas Water Heater

Additional Features

  • Deck
  • Sprinkler System

Listing and Financial Details

  • Assessor Parcel Number 2918-02202-0000-00006-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,011

Year Built

Built in 1928

Lot Details

0

Parking

1

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1928
  • Year Built Description: Approximate
  • County Name: Union
  • Renovated Year: 2008
  • Street Number Display: 49
  • Directions: Springfield Ave to Summit Ave Whittredge Rd to Fernwood Rd or RT 24 to Summit Ave. to Whittredge Rd to Fernwood Rd
  • I D: 5158055
  • Modified: 2023-08-23
  • Number Images: 30
  • First Name: ELIZABETH E.
  • First Name2: CATHERINE
  • First Name3: ALLISON B
  • First Name4: LINDA
  • Last Name: LECKY
  • Last Name2: LUTZ
  • Last Name3: LEES
  • Last Name4: PECK
  • Office Phone: 908-202-0483
  • Office Phone2: 973-867-1148
  • Office Phone3: 908-273-8808
  • Office Phone4: 908-377-8036
  • Attribution Contact: null
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2008

Interior Features

  • Flooring: Marble, Tile, Wood
  • Fireplace Description: Family Room, Gas Fireplace, Living Room, Wood Burning
  • Number of Fireplaces: 2
  • Appliances: Carbon Monoxide Detector, CookGas, Dishwasher, Dryer, Generator-Built-In, Microwave Oven, OvnWElec, Washer
  • Interior Amenities: Bar-Dry, Blinds, Carbon Monoxide Detector, Fire Extinguisher, Shades, Smoke Detector, TubShowr, Walk-In Closet, Window Treatments
  • Number Rooms: 10
  • 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: Second
  • Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished, Full, Walkout
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Center Island, Eat-In Kitchen, Separate Dining Area
  • Kitchen Dim: 21x19
  • Kitchen Level: First
  • Living Room Dim: 25x12
  • Living Room Level: First
  • Other Room 1: Bedroom/Office
  • Other Room1 Dim: 14x9
  • Other Room1 Level: First
  • Other Room 2: MudRoom
  • Other Room2 Dim: 9x5
  • Other Room2 Level: Ground
  • Other Room 3: Bathroom
  • Other Room3 Level: Second
  • Other Room 4: Bathroom
  • Other Room4 Level: Ground
  • Level 1 Rooms: 1 Bedroom, Dining Room, Entrance Vestibule, Family Room, Kitchen, Living Room, Powder Room
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other, Laundry Room
  • Ground Level Rooms: Bath(s) Other, GarEnter, MudRoom, Office, Outside Entrance, Rec Room, Utility Room, Walkout
  • Phone: 908-273-8808

Exterior Features

  • Exterior Description: Brick, Stucco
  • Exterior Features: Deck, Underground Lawn Sprinkler
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Built-In Garage
  • Number Garage Spaces: 1
  • Number Parking Spaces: 4
  • Parking Driveway Description: 2 Car Width, Additional Parking, Blacktop

Utilities

  • Cooling: 1 Unit, Multi-Zone Cooling
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Baseboard - Hotwater, Multi-Zone
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

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: 100X174
  • Assessed Improvement Value: 278600
  • Assessed Land Value: 318000
  • Assessment: 596600
  • Easement: Unknown
  • Lot Identifier: 6
  • 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: 26011
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2918-02202-0000-00006-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 4.317
  • Tax Rate Tax: *
  • Tax Rate Year: 2021
  • Tax Year Tax: *
  • Tax Year: 2021

MLS Schools

  • Grade School: Lincoln-Hubbard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2022
Closed on
Aug 15, 2022
Sold by
Weisenberg Daniel A and Weisenberg Michele E
Bought by
Baliukonis Simas
Seller's Agent
ELIZABETH E. LECKY
PROMINENT PROPERTIES SIR
Buyer's Agent
ALLISON B LEES
PROMINENT PROPERTIES SIR
List Price
$1,725,000
Sold Price
$1,725,000
Current Estimated Value
$2,184,981

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$459,981
Avg. Annual Appreciation
8.76%
Original Mortgage
$1,035,000
Outstanding Balance
$992,846
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$1,205,922

Purchase Details

Closed on
Sep 13, 2018
Sold by
Tullock Daniel M and Tullock Bethany J
Bought by
Weisenberg Daniel A and Luchejko Michele L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,000,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2007
Sold by
Swiman Gary S and Swiman Debra A
Bought by
Tulloch Daniel M and Tulloch Bethany J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$928,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 12, 2001
Sold by
Feeney Robert and Feeney Jo Ann
Bought by
Swiman Gary S and Swiman Debra A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Interest Rate
6.25%
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
Baliukonis Simas $1,725,000 Old Republic Title
Weisenberg Daniel A $1,480,000 Nrt Title Agency Llc
Tulloch Daniel M $1,160,000 United General Title Ins Co
Swiman Gary S $780,000 First American Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baliukonis Simas $1,035,000
Previous Owner Weisenberg Daniel A $690,000
Previous Owner Weisenberg Daniel A $7,000,000
Previous Owner Tulloch Daniel M $588,700
Previous Owner Tulloch Daniel M $600,000
Previous Owner Tulloch Daniel M $200,000
Previous Owner Tulloch Daniel M $928,000
Previous Owner Swiman Gary S $350,000
Previous Owner Swiman Gary S $585,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2022 08/22/22 Sold $1,725,000 0.0% $595 / Sq Ft
06/24/2022 06/24/22 Pending -- -- --
06/16/2022 06/16/22 For Sale $1,725,000 -- $595 / 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 $25,815 $596,600 $318,000 $278,600
2023 $25,815 $596,600 $318,000 $278,600
2022 $25,552 $596,600 $318,000 $278,600
2021 $25,755 $596,600 $318,000 $278,600
2020 $26,012 $596,600 $318,000 $278,600
2019 $26,042 $596,600 $318,000 $278,600
2018 $24,699 $569,500 $318,000 $251,500
2017 $24,859 $569,500 $318,000 $251,500
2016 $24,494 $569,500 $318,000 $251,500
2015 $24,016 $569,500 $318,000 $251,500
2014 $23,395 $569,500 $318,000 $251,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3789075

Garden State MLS

APN: 18-02202-0000-00006