NOT LISTED FOR SALE

49 Oak Ridge Ave Summit, NJ 07901

Estimated Value: $2,273,000 - $2,614,000

6 Beds
3.5 Baths
-- Sq Ft
0.43 Acres

Last Sold May 23, 2016

Last sale price $1,595,000

Est. 54% increase in value since last sale

Current estimated payment $15,387/month

39 Days on Market

Highlights

  • Sitting Area In Primary Bedroom
  • Colonial Architecture
  • Family Room with Fireplace
  • L C Johnson Summit Middle School Rated A+
  • Deck
  • Wood Flooring

About This Home

As of May 2016

Move-in condition 3-story Colonial on nearly 1/2 acre in great location/Brayton Elem district just blocks to town & NYC transp. 3-floors of living space, substantial 2nd/3rd flr renovation. Great floor plan! Large Living/Dining room with FP opens to screened porch overlooking yard. Spacious Fam Rm w/FP near kitchen. Large EIK with mudrm & Pdr Rm, door to deck off kit. Mast suite w/FP plus sep sitting rm/office, WIC, renovated MBth, 3 addf'l fam BRs (note one BR w/out CL but easily added) & updtd FBth on 2nd, fully renovated 3rd level-fully expanded staircase, bedroom space, Ldry/Kitchenette, huge play room w/dormer expansion & window seat adding great nat light. Nearly 1/2 acre of level fenced-in property. Prime 'close to everything' location. Extensive improvements throughout-see brochure.

Last Agent to Sell the Property

Kim Cannon

PROMINENT PROPERTIES SIR Listed on: 02/22/2016

Last Buyer's Agent

CYNTHIA GELORMINI

PROMINENT PROPERTIES SIR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,679

Year Built

  • Built in 1905

Lot Details

  • 0.43 Acre Lot
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Oversized Parking
  • Garage Door Opener
  • Private Driveway

Home Design

  • Colonial Architecture
  • Wood Shingle Roof
  • Tile

Interior Spaces

  • High Ceiling
  • Thermal Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • 4 Fireplaces
  • Living Room with Fireplace
  • Family or Dining Combination
  • Storage Room
  • Utility Room

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Front Basement Entry
  • Sump Pump

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Schools

  • Brayton Elementary School
  • Summit Middle School
  • Summit High School

Utilities

  • Multiple cooling system units
  • Forced Air Heating and Cooling System
  • Multiple Heating Units
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2918-04502-0000-00012-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,679

Year Built

Built in 1905

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1905
  • Year Built Description: Approximate
  • County Name: Union
  • Exclusions: Window Treatments; Includes: W/D/REF, playset & safe (no combo)
  • Directions: Oak Ridge at intersection of Elm
  • I D: 4578257
  • Section Subdiv Development: Oak Ridge
  • First Name: KIM
  • First Name3: CYNTHIA
  • Last Name: CANNON
  • Last Name3: GELORMINI
  • Office Phone3: 908-654-6666
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2013

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Bedroom 1, Family Room, Living Room
  • Number of Fireplaces: 4
  • Appliances: Generator-Built-In, OvnWElec, Refrigerator, CookGas, Washer, Dishwasher, Self Cleaning Oven, Disposal, Kitchen Exhaust Fan, Dryer, Microwave Oven, Sump Pump
  • Interior Amenities: Walk-In Closet, Carbon Monoxide Detector, High Ceilings, Smoke Detector
  • Bedrooms: 6
  • Master Bedroom Desc: Fireplace, Sitting Room, Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Unfinished, Full
  • Basement Level Rooms: Storage Room, Toilet, Utility Room
  • Dining Room Level: First
  • Dining Area: Living/Dining Combo
  • Family Room Level: First
  • Kitchen Area: Center Island, Eat-In Kitchen
  • Kitchen Dim: 19x15
  • Kitchen Level: First
  • Living Room Dim: 16x15
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Dim: 16x11
  • Other Room1 Level: Third
  • Other Room 2: Bedroom/Office
  • Other Room2 Dim: 17x15
  • Other Room2 Level: Third
  • Other Room 3: Leisure Room
  • Other Room3 Dim: 15x32
  • Other Room3 Level: Third
  • Other Room 4: Screened Patio/Porch
  • Other Room4 Dim: 27x12
  • Other Room4 Level: First
  • Level 1 Rooms: Porch, Family Room, Kitchen, Powder Room, Foyer, Dining Room, Living Room, Entrance Vestibule
  • Level 2 Rooms: Bath(s) Other, 4 Or More Bedrooms, Bath Main
  • Level 3 Rooms: Bath(s) Other, 2 Bedrooms, Family Room, Laundry Room
  • Phone: 908-522-1800

Exterior Features

  • Exterior Description: Wood Shingle
  • Exterior Features: Deck, Sidewalk, Thermal Windows/Doors, Patio, Storm Door(s), Enclosed Porch(es)
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Garage Door Opener, Oversize Garage, Detached Garage
  • Number Garage Spaces: 2
  • Parking Driveway Description: Blacktop, Driveway-Exclusive

Utilities

  • Cooling: 2 Units, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 2 Units, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Electric, Gas In Street
  • Water: Public Water
  • Water Heater: Gas

Schools

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

Lot Info

  • Lot Size: 0.434
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.43
  • Zoning: Residential

Tax Info

  • Tax Acres: *
  • Assessed Land Value: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 29679
  • Assessor Parcel Number: 2918-04502-0000-00012-0000-
  • Tax Rate Amount: 4.220
  • Tax Year Tax: *
  • Tax Year: 2015

MLS Schools

  • Grade School: Brayton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2016
Closed on
Jun 3, 2016
Sold by
Dave Ray
Bought by
Platt Daniel and Platt Jamie
Seller's Agent
Kim Cannon
PROMINENT PROPERTIES SIR
Buyer's Agent
CYNTHIA GELORMINI
PROMINENT PROPERTIES SIR
List Price
$1,685,000
Sold Price
$1,595,000
Premium/Discount to List
-$90,000
-5.34%
Current Estimated Value
$2,456,387

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$861,387
Avg. Annual Appreciation
4.59%
Original Mortgage
$1,276,000
Outstanding Balance
$1,013,038
Interest Rate
3.66%
Estimated Equity
$1,443,349

Purchase Details

Closed on
Aug 27, 2010
Sold by
Shea Dennis G
Bought by
Ray Dave and Boas Julie Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.55%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Platt Daniel -- --
Ray Dave $1,271,400 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Platt Daniel $1,276,000
Closed Platt Daniel --
Previous Owner Ray Dave $250,000
Previous Owner Ray Dave $730,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2016 05/23/16 Sold $1,595,000 -5.3% --
04/01/2016 04/01/16 Pending -- -- --
02/22/2016 02/22/16 For Sale $1,685,000 -- --
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 $30,658 $703,800 $348,700 $355,100
2024 $30,453 $703,800 $348,700 $355,100
2023 $30,453 $703,800 $348,700 $355,100
2022 $30,144 $703,800 $348,700 $355,100
2021 $30,383 $703,800 $348,700 $355,100
2020 $30,686 $703,800 $348,700 $355,100
2019 $30,721 $703,800 $348,700 $355,100
2018 $30,524 $703,800 $348,700 $355,100
2017 $30,721 $703,800 $348,700 $355,100
2016 $30,270 $703,800 $348,700 $355,100
2015 $29,679 $569,600 $348,700 $220,900
2014 $23,399 $569,600 $348,700 $220,900
Source: Public Records

Agents Affiliated with this Home

  • Kim Cannon

    Seller's Agent in 2016

    Kim Cannon

    PROMINENT PROPERTIES SIR

    (609) 947-4493

    97 in this area

    152 Total Sales

    Kim Cannon
    Section Image

  • C

    Buyer's Agent in 2016

    CYNTHIA GELORMINI

    PROMINENT PROPERTIES SIR

See All Agents

Map

Source: Garden State MLS

MLS Number: 3283448

Garden State MLS

APN: 18-04502-0000-00012

New Jersey Union County Summit 07901

49 Oak Ridge Ave, Summit, NJ

Not Listed for Sale

Detached

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