NOT LISTED FOR SALE

5 Edgar St Summit, NJ 07901

Estimated Value: $978,000 - $2,485,000

-- Bed
-- Bath
3,581 Sq Ft
$418/Sq Ft Est. Value

Last Sold August 26, 2022

Last sale price $985,000 $275 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $9,133/month

57 Days on Market

About This Home

As of August 2022

This home is located at 5 Edgar St, Summit, NJ 07901 since 24 February 2022 and is currently estimated at $1,495,859, approximately $417 per square foot. This property was built in 1928. 5 Edgar St 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

NATALYA PRICE

COMPASS NEW JERSEY, LLC Brokerage Phone: 973-310-6816 Listed on: 02/24/2022

Last Buyer's Agent

NATALYA PRICE

COMPASS NEW JERSEY, LLC Brokerage Phone: 973-310-6816 Listed on: 02/24/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,048

Year Built

  • Built in 1928

Lot Details

  • 4,008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,048

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Year Built: 1928
  • County Name: Union
  • Street Number Display: 5
  • I D: 5131667
  • Modified: 2023-08-27
  • Number Images: 1
  • Attribution Contact: 973-310-6816
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: .092AC

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 20, 2022
Sold by
Summit H Realty Llc
Bought by
Summitopia Llc
Current Estimated Value
$1,495,859

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
4.58%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 29, 2015
Closed on
Apr 28, 2015
Sold by
Chapman Nancy L B
Bought by
Summit Ii Realty Llc
Sold Price
$650,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.33%

Purchase Details

Closed on
Aug 30, 2001
Sold by
Haller William R
Bought by
Brown Nancy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,629
Interest Rate
6.12%

Purchase Details

Closed on
Oct 10, 2000
Sold by
Haller William R and Brown Nancy L
Bought by
Haller William R and Brown Nancy L
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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

Date Buyer Sale Price Title Company
Summitopia Llc $985,000 Westcor Land Title
Summitopia Llc $985,000 Westcor Land Title
Summit Ii Realty Llc $650,000 --
Brown Nancy L $237,500 --
Haller William R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Summitopia Llc $585,000
Previous Owner Brown Nancy L $272,629
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/26/2022 08/26/22 Sold $985,000 -1.4% $275 / Sq Ft
04/22/2022 04/22/22 Pending -- -- --
04/07/2022 04/07/22 For Sale $999,000 0.0% $279 / Sq Ft
03/22/2022 03/22/22 Pending -- -- --
02/24/2022 02/24/22 For Sale $999,000 +53.7% $279 / Sq Ft
04/29/2015 04/29/15 Sold $650,000 -- $182 / Sq Ft View Prior Sale
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 $14,048 $322,500 $122,400 $200,100
2024 $13,955 $322,500 $122,400 $200,100
2023 $13,955 $322,500 $122,400 $200,100
2022 $13,813 $322,500 $122,400 $200,100
2021 $13,922 $322,500 $122,400 $200,100
2020 $14,061 $322,500 $122,400 $200,100
2019 $14,077 $322,500 $122,400 $200,100
2018 $13,987 $322,500 $122,400 $200,100
2017 $14,077 $322,500 $122,400 $200,100
2016 $13,871 $322,500 $122,400 $200,100
2015 $13,600 $322,500 $122,400 $200,100
2014 $13,248 $322,500 $122,400 $200,100
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2022

    NATALYA PRICE

    COMPASS NEW JERSEY, LLC

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Map

Source: Garden State MLS

MLS Number: 3765642

Garden State MLS

APN: 18-01302-0000-00047

New Jersey Union County Summit 07901

5 Edgar St, Summit, NJ

This home is located at 5 Edgar St, Summit, NJ 07901 since 24 February 2022 and is currently estimated at $1,495,859, approximately $417 per square foot. This property was built in 1928. 5 Edgar St 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.

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