NOT LISTED FOR SALE

5 Laurel Ave Summit, NJ 07901

Estimated Value: $1,283,000 - $1,652,000

3 Beds
1.5 Baths
1,633 Sq Ft
$917/Sq Ft Est. Value

Last Sold June 26, 2017

Last sale price $891,500 $546 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $9,595/month

12 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Cathedral Ceiling
  • L C Johnson Summit Middle School Rated A+
  • Recreation Room
  • Wood Flooring

About This Home

As of June 2017

CLASSIC COLONIAL THAT HAS BEEN UPDATED FOR TODAYS LIVING. 3 BDR, 1.5 BTH. KIT/ GRANITE COUNTERS AND FAMILY ROOM, W SKYLIGHT AND SLIDERS TO LARGE DECK AND FENCED IN YARD. FIRST FLOOR DEN/OFFICE. NEWER POWDER ROOM .FINISHED BASEMENT W/ PLAYROOM AND STORAGE..WONDERFUL LOCATION. CLOSE TO BRAYTON SCHOOL AND MEMORIAL FIELD AND A SHORT DISTANCE TO THE TRAIN AND TOWN. READY TO MOVE IN.

Last Agent to Sell the Property

SUSAN LEMKAU

LOIS SCHNEIDER REALTOR Listed on: 04/06/2017

Last Buyer's Agent

Maura Elia

PROMINENT PROPERTIES SIR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,060

Year Built

  • Built in 1926 | Remodeled

Lot Details

  • 6,098 Sq Ft Lot
  • Wood Fence

Parking

  • 2 Car Detached Garage
  • On-Street Parking

Home Design

  • Colonial Architecture
  • Vinyl Siding
  • Tile

Interior Spaces

  • Cathedral Ceiling
  • Skylights
  • Blinds
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Recreation Room
  • Storage Room
  • Wood Flooring
  • Partially Finished Basement
  • Sump Pump
  • Attic

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2918-04602-0000-00002-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,060

Year Built

Built in 1926 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1926
  • Year Built Description: Renovated
  • County Name: Union
  • Renovated Year: 2010
  • Street Number Display: 5
  • Directions: Ashland Rd to Laurel ...
  • I D: 4700193
  • Modified: 2021-09-23
  • Number Images: 19
  • First Name: SUSAN
  • First Name3: MAURA
  • Last Name: LEMKAU
  • Last Name3: ELIA
  • Office Phone3: 908-273-8808
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2010

Interior Features

  • Flooring: Tile, Wood
  • Fireplace Description: Living Room
  • Number of Fireplaces: 1
  • Appliances: Range/Oven-Gas, Refrigerator, Washer, Dishwasher, Disposal, Dryer, Microwave Oven, Sump Pump
  • Interior Amenities: Blinds, Carbon Monoxide Detector, Skylight, Cathedral Ceiling
  • Number Rooms: 8
  • Bedrooms: 3
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished-Partially
  • Basement Level Rooms: Storage Room, Laundry Room, Rec Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: First
  • Family Room Level: First
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 12x13
  • Kitchen Level: First
  • Living Room Dim: 16x11
  • Level 1 Rooms: Family Room, Kitchen, Powder Room, Den, Dining Room, Living Room
  • Level 2 Rooms: 3 Bedrooms, Bath Main
  • Level 3 Rooms: Attic
  • Phone: 908-277-1398

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Deck, Wood Fence
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: On-Street Parking, Detached Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 2
  • Parking Driveway Description: 1 Car Width

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Radiators - Steam, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Electric, Gas In Street
  • Water: Public Water
  • Water Heater: Gas

Schools

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

Lot Info

  • Lot Size: check survey
  • Assessed Improvement Value: 116000
  • Assessed Land Value: 193700
  • Assessment: 309700
  • Easement: Unknown
  • Lot Identifier: 2
  • Total Acres: 0.14
  • Zoning: res

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Amount: 13060
  • Assessor Parcel Number: 2918-04602-0000-00002-0000-
  • Tax Rate Amount: 4.300
  • Tax Rate Year: 2016
  • Tax Year: 2016

MLS Schools

  • Grade School: Brayton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2017
Closed on
Jun 26, 2017
Sold by
George William K and George Kathryn W
Bought by
Goldberg Adam and Cocchiaro Alyson
Seller's Agent
SUSAN LEMKAU
LOIS SCHNEIDER REALTOR
Buyer's Agent
Maura Elia
PROMINENT PROPERTIES SIR
List Price
$879,000
Sold Price
$891,500
Premium/Discount to List
$12,500
1.42%
Current Estimated Value
$1,497,582

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$606,082
Avg. Annual Appreciation
6.47%
Original Mortgage
$713,200
Outstanding Balance
$594,655
Interest Rate
4.02%
Mortgage Type
New Conventional
Estimated Equity
$902,927

Purchase Details

Closed on
Apr 29, 2011
Sold by
Schwab George L and Schwab Alison M
Bought by
George William K and George Kathryn W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$648,000
Interest Rate
4.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2009
Sold by
Battistella Matthew D and Battistella Kathryn S
Bought by
Schwab George L and Schwab Alison M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$709,706
Interest Rate
4.86%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 2, 2002
Sold by
O'Sullivan Jeffrey
Bought by
Battistella Matthew and Battistella Kathryn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,000
Interest Rate
6.11%

Purchase Details

Closed on
Oct 17, 1995
Sold by
Cansino Yannek
Bought by
Jackson Lindsay
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
Goldberg Adam $891,500 Nrt Title Agency Llc
George William K $810,000 First American Title Ins Co
Schwab George L $775,000 Stewart Title Guaranty Co
Battistella Matthew $560,000 --
Jackson Lindsay -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Goldberg Adam $713,200
Previous Owner George William K $648,000
Previous Owner Schwab George L $709,706
Previous Owner Battistella Matthew $448,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2017 06/26/17 Sold $891,500 +1.4% $546 / Sq Ft
04/18/2017 04/18/17 Pending -- -- --
04/06/2017 04/06/17 For Sale $879,000 -- $538 / 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
2025 $19,863 $456,000 $193,700 $262,300
2024 $19,731 $456,000 $193,700 $262,300
2023 $19,731 $456,000 $193,700 $262,300
2022 $14,310 $334,100 $193,700 $140,400
2021 $14,423 $334,100 $193,700 $140,400
2020 $14,567 $334,100 $193,700 $140,400
2019 $14,583 $334,100 $193,700 $140,400
2018 $14,490 $334,100 $193,700 $140,400
2017 $13,518 $309,700 $193,700 $116,000
2016 $13,320 $309,700 $193,700 $116,000
2015 $13,060 $309,700 $193,700 $116,000
2014 $12,722 $309,700 $193,700 $116,000
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2017

    SUSAN LEMKAU

    LOIS SCHNEIDER REALTOR

  • M

    Buyer's Agent in 2017

    Maura Elia

    PROMINENT PROPERTIES SIR

    (908) 273-8808

    11 in this area

    14 Total Sales

    Maura Elia
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3377383

Garden State MLS

APN: 18-04602-0000-00002

New Jersey Union County Summit 07901

5 Laurel Ave, Summit, NJ

This home is located at 5 Laurel Ave, Summit, NJ 07901 since 06 April 2017 and is currently estimated at $1,497,582, approximately $917 per square foot. This property was built in 1926. 5 Laurel Ave is a home located in Union County with nearby schools including L C Johnson Summit Middle School, Summit Sr High School, and Oak Knoll School of the Holy Child.

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