NOT LISTED FOR SALE

50 N Summit Ave Chatham, NJ 07928

Estimated Value: $925,000 - $1,237,000

3 Beds
2.5 Baths
1,631 Sq Ft
$679/Sq Ft Est. Value

Last Sold June 10, 2022

Last sale price $910,000 $558 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $7,155/month

6 Days on Market

Highlights

  • Sitting Area In Primary Bedroom
  • Colonial Architecture
  • Wood Flooring
  • Chatham High School Rated A+
  • Recreation Room
  • High Ceiling

About This Home

As of June 2022

Picture perfect Chatham colonial in the heart of the Borough. Walk to train and town in minutes! Newly refinished floors throughout the main level, guide you through the white and bright eat-in kitchen. Center island lends itself to fun gatherings and gourmet meals. A breakfast counter flanks the kitchen, open to the LARGE family room to complete this great trifecta of hang out/meal prep/dining area. Family room has a wood burning fireplace between 2 sets of glass sliders that look out onto the bluestone patio and flat/fenced-in backyard. Custom built-in shelving, high ceilings and loads of light are only some of the eye-catching highlights of this beautiful room. Side entry from the outside leads into the mudroom/laundry room with custom cubbies, shelving and storage nooks. This is the perfect mission-control area for busy lifestyles. Renovated powder room on the main level is light and airy with a traditional/updated look. Upstairs hosts 3 BRs. The master bedroom has high ceilings, is en suite and has a HOME OFFICE, master bathroom and 3 closets. Finished basement with plush carpeting can be a great additional place to play and relax. Chimney/Flu and Fireplace are all being sold AS-IS with no known defects.

Last Agent to Sell the Property

Carrie Conte

COLDWELL BANKER REALTY Listed on: 05/02/2022

COLDWELL BANKER REALTY

Last Buyer's Agent

TRACEY CASTELLANO

KELLER WILLIAMS REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,707

Year Built

  • Built in 1950

Lot Details

  • 6,098 Sq Ft Lot
  • Privacy Fence
  • Level Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Colonial Architecture
  • Vinyl Siding
  • Tile

Interior Spaces

  • High Ceiling
  • Wood Burning Fireplace
  • Mud Room
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Home Office
  • Recreation Room
  • Utility Room
  • Finished Basement

Kitchen

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

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Powder Room
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Schools

  • Milton Elementary School
  • Chatham Middle School
  • Chatham High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2304-00054-0000-00011-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,707

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1950
  • Year Built Description: Approximate
  • County Name: Morris
  • Street Number Display: 50
  • Directions: Main Street to North Summit Ave.
  • I D: 5147241
  • Modified: 2023-06-11
  • Number Images: 18
  • Section Subdiv Development: Chatham Borough
  • First Name: CARRIE
  • First Name3: TRACEY
  • Last Name: CONTE
  • Last Name3: CASTELLANO
  • Office Phone: 973-635-8200
  • Office Phone3: 908-273-2991
  • Attribution Contact: null
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Family Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dishwasher, Disposal, Dryer, Microwave Oven, Range/Oven-Gas, Refrigerator, Washer
  • Interior Amenities: Carbon Monoxide Detector, Fire Extinguisher, High Ceilings, Smoke Detector, TubShowr
  • Number Rooms: 8
  • Bedrooms: 3
  • Master Bedroom Desc: Full Bath, Sitting Room
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Primary Bathroom Features: Tub Shower
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished
  • Basement Level Rooms: Rec Room, Utility Room
  • Family Room Level: First
  • Kitchen Area: Center Island, Eat-In Kitchen
  • Kitchen Dim: 22x11
  • Kitchen Level: First
  • Living Room Dim: 12x12
  • Living Room Level: First
  • Other Room 1: Leisure Room
  • Other Room1 Dim: 9x9
  • Other Room1 Level: Second
  • Other Room 2: Rec Room
  • Other Room2 Dim: 15x14
  • Other Room2 Level: Basement
  • Level 1 Rooms: Family Room, Foyer, Kitchen, Living Room, MudRoom, Powder Room
  • Level 2 Rooms: 3 Bedrooms, Bath Main, Bath(s) Other, Office, SittngRm

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Patio, Privacy Fence, FencVnyl
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 1
  • Number Parking Spaces: 3
  • Parking Driveway Description: 2 Car Width

Utilities

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

Schools

  • Elementary School: Milton
  • Middle School: Chatham
  • High School: Chatham
  • High School: Chatham
  • Middle Jr High School: Chatham

Lot Info

  • Lot Size: 50X123
  • Assessed Improvement Value: 174300
  • Assessed Land Value: 378200
  • Assessment: 552500
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 11
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.14

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 11707
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2304-00054-0000-00011-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.137
  • Tax Rate Tax: *
  • Tax Rate Year: 2021
  • Tax Year Tax: *
  • Tax Year: 2021

MLS Schools

  • Grade School: Milton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2022
Closed on
Jun 8, 2022
Sold by
Devin Culleton
Bought by
Singh Jawahar and Singh Baanie
Seller's Agent
Carrie Conte
COLDWELL BANKER REALTY
Buyer's Agent
TRACEY CASTELLANO
KELLER WILLIAMS REALTY
List Price
$799,000
Sold Price
$910,000
Premium/Discount to List
$111,000
13.89%
Current Estimated Value
$1,107,219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,219
Avg. Annual Appreciation
6.28%
Original Mortgage
$648,000
Outstanding Balance
$616,498
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$490,721

Purchase Details

Closed on
May 17, 2021
Sold by
Culleton Devin and Culleton Mary Jane
Bought by
Culleton Devin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,000
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 1998
Sold by
Gsell David and Gsell Patricia
Bought by
Culleton Devin and Culleton Mary Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.92%
Source: Public Records

Range of Values:

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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
Singh Jawahar $910,000 Old Republic Title
Culleton Devin -- Max Title Agency Llc
Culleton Devin $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Singh Jawahar $648,000
Previous Owner Culleton Devin $378,000
Previous Owner Culleton Devin $446,000
Previous Owner Culleton Devin F $256,000
Previous Owner Culleton Devin $300,000
Previous Owner Culleton Devin $101,065
Previous Owner Culleton Devin $15,150
Previous Owner Culleton Devin $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2022 06/10/22 Sold $910,000 +13.9% $558 / Sq Ft
05/12/2022 05/12/22 Pending -- -- --
05/05/2022 05/05/22 For Sale $799,000 -- $490 / 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 $13,600 $840,000 $542,300 $297,700
2024 $13,054 $840,000 $542,300 $297,700
2023 $13,054 $840,000 $542,300 $297,700
2022 $11,807 $552,500 $378,200 $174,300
2021 $11,807 $552,500 $378,200 $174,300
2020 $11,707 $552,500 $378,200 $174,300
2019 $11,625 $552,500 $378,200 $174,300
2018 $11,299 $552,500 $378,200 $174,300
2017 $10,973 $552,500 $378,200 $174,300
2016 $10,685 $552,500 $378,200 $174,300
2015 $10,558 $552,500 $378,200 $174,300
2014 $10,481 $552,500 $378,200 $174,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3779252

Garden State MLS

APN: 04-00054-0000-00011