NOT LISTED FOR SALE

5-24 Summit Ave Unit 1X Fair Lawn, NJ 07410

Estimated Value: $618,000 - $664,000

4 Beds
2 Baths
1,658 Sq Ft
$381/Sq Ft Est. Value

Last Sold February 06, 2025

Last sale price $612,000 $369 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,391/month

33 Days on Market

Highlights

  • Central Air
  • Rectangular Lot
  • 3-minute walk to Peace Park
  • Lyncrest Elementary School Rated A

About This Home

As of February 2025

This charming quality-built Roughgarden 4 Bdrm, 2 full bath home combines Comfort and Functionality with plenty of space inside and out. Location in desirable Lyncrest Section, this home is perfect for those who value quality craftsmanship - 1st Floor features Ent foyer with Guest Cl, Large Liv Rm with Frpl, Formal Dining Room, Eat-in Kit w/Ent to an Enclosed Porch overlooking oversized lot (62x125) for outdoor activities or potential Future Projects, 2 Bdrms, and full Bath - 2nd Floor features 2 Bdrms, walk in closet, closets, built in drawers, storage, and Full Bath - Finished Bsmt provides extra living space, plus a huge work room, laundry, storage and utility room - You can already imagine a few tweaks such as a fresh coat of paint and some decorating can transform this home into a true beauty - Walk to school, NY trans, Houses of Worship and enjoy the amenities Fair Lawn has to offer such as Memorial Park w/pool, dog park, Tennis etc, Senior Center, Community Center, Etc

Last Agent to Sell the Property

Jane Ferlanti

Coldwell Banker, Ridgewood Listed on: 12/01/2024

Coldwell Banker, Ridgewood

Last Buyer's Agent

Jane Ferlanti

Coldwell Banker, Ridgewood Listed on: 12/01/2024

Coldwell Banker, Ridgewood

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,422

Lot Details

  • 7,749 Sq Ft Lot
  • Lot Dimensions are 62x125
  • Rectangular Lot

Parking

  • 1 Car Garage

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 00005 / 04404

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,422

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Regular
  • View Type:Pond View: None
  • Co List Office Phone: 201-445-9400
  • Outside Inclusions: all appliances "as is"
  • MLS Status: Sold - Sold
  • Directions: Morlot to Summit
  • Reso Fireplace Features: 1 Fireplace
  • Year Built Details: 1940's,Build Prior to 1978
  • PropertySubTypeAdditional: Other
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full, Partially Finished
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Primary Bathroom: No
  • Basement Remarks: Full Finished with huge Separate Work,utility, laundry rm, Bilco Doors

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: None
  • Disclosures: Seller's Agent
  • Construction Type: Brick

Garage/Parking

  • Garage Spaces: 1.0

Utilities

  • Cooling: Central Air, None, Wall Unit(s)
  • Heating: Natural Gas, Forced Air

Lot Info

  • Lot Dimensions: 62x125
  • Lot Size Sq Ft: 7749.0

Tax Info

  • Tax Annual Amount: 10422.0
  • Tax Block: 04404
  • Tax Lot: 00005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2024
Closed on
Jan 23, 2025
Sold by
Pirog Eleanore
Bought by
Unitech Developers Inc
Seller's Agent
Jane Ferlanti
Coldwell Banker, Ridgewood
Buyer's Agent
Jane Ferlanti
Coldwell Banker, Ridgewood
List Price
$575,000
Sold Price
$612,000
Premium/Discount to List
$37,000
6.43%
Views
152
Current Estimated Value
$630,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,943
Avg. Annual Appreciation
8.84%
Original Mortgage
$848,400
Outstanding Balance
$847,016
Interest Rate
7.04%
Mortgage Type
Construction
Estimated Equity
-$216,073

Purchase Details

Closed on
Aug 2, 1956
Bought by
Pirog Bernard J and Pirog Eleonore
Source: Public Records

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Range of Values:

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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
Unitech Developers Inc $612,000 Safe Land Title
Pirog Bernard J $18,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Unitech Developers Inc $848,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2025 02/12/25 Off Market $612,000 -- --
02/06/2025 02/06/25 Sold $612,000 +6.4% $369 / Sq Ft
01/03/2025 01/03/25 Pending -- -- --
12/01/2024 12/01/24 For Sale $575,000 -- $347 / Sq Ft
Source: New Jersey 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 $10,509 $300,700 $177,200 $123,500
2023 $10,133 $300,700 $177,200 $123,500
2022 $10,383 $300,700 $177,200 $123,500
2021 $9,399 $300,700 $177,200 $123,500
2020 $10,314 $300,700 $177,200 $123,500
2019 $10,134 $300,700 $177,200 $123,500
2018 $9,947 $300,700 $177,200 $123,500
2017 $9,701 $300,700 $177,200 $123,500
2016 $9,433 $300,700 $177,200 $123,500
2015 $9,006 $300,700 $177,200 $123,500
2014 $8,849 $300,700 $177,200 $123,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 24037838

New Jersey MLS

APN: 17-04404-0000-00005