NOT LISTED FOR SALE

50 Rowan Rd Summit, NJ 07901

Estimated Value: $1,525,000 - $2,250,000

4 Beds
3 Baths
-- Sq Ft
0.68 Acres

Last Sold January 15, 2021

Last sale price $1,230,000

Est. 59% increase in value since last sale

Current estimated payment $12,140/month

6 Days on Market

Highlights

  • Colonial Architecture
  • Recreation Room
  • Wood Flooring
  • L C Johnson Summit Middle School Rated A+
  • Wooded Lot
  • Attic

About This Home

As of January 2021

Excellent location, a private rear yard and an open concept floor plan designed for today' s easy living. Along with a delightful "rocking chair " porch and a circular drive that front this home. Wide open spaces and comfortable sprawling rooms are ideal for casual living and entertaining. An expansive fireside living room is a " wow", with custom built-ins and a bank of windows that take in views of a secluded rear yard set against a private backdrop of dedicated woodlands.

Last Agent to Sell the Property

REGINA M MCAULEY

LOIS SCHNEIDER REALTOR Listed on: 10/29/2020

Last Buyer's Agent

CATHERINE LUTZ

PROMINENT PROPERTIES SIR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,226

Year Built

  • Built in 1950

Lot Details

  • Wood Fence
  • Corner Lot
  • Wooded Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Vinyl Siding
  • Tile

Interior Spaces

  • Wood Burning Fireplace
  • Thermal Windows
  • Window Treatments
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Recreation Room
  • Storage Room
  • Utility Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Front Basement Entry
  • Crawl Space

Home Security

  • Storm Windows
  • Storm Doors
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Porch

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Standard Electricity
  • Water Tap or Transfer Fee
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2918-04501-0000-00028-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,226

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: Union
  • Easements Description: driveway
  • Directions: From downtown Summit take Elm Street to the top then left onto Oak Ridge Ave. House is on the corner of Oak Ridge and Rowan on right.
  • I D: 5028124
  • First Name: REGINA M
  • First Name3: CATHERINE
  • Last Name: MCAULEY
  • Last Name3: LUTZ
  • Office Phone: 908-376-2744
  • Office Phone3: 973-867-1148
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 1996

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, CookElec, Dishwasher, Dryer, Microwave Oven, OvnWElec, Washer
  • Interior Amenities: Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, TubShowr, Window Treatments
  • Bedrooms: 4
  • Master Bedroom Desc: Full Bath
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Description: Crawl Space
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Center Island, Eat-In Kitchen
  • Kitchen Dim: 21x17
  • Kitchen Level: First
  • Living Room Dim: 27x15
  • Living Room Level: First
  • Other Room 1: Rec Room
  • Other Room1 Dim: 19x15
  • Other Room1 Level: First
  • Other Room 2: MudRoom
  • Other Room2 Dim: 13x10
  • Other Room2 Level: First
  • Other Room 3: Foyer
  • Other Room3 Dim: 27x10
  • Other Room3 Level: First
  • Other Level Rooms: GarEnter
  • Level 1 Rooms: Bath(s) Other, Dining Room, Entrance Vestibule, Family Room, Foyer, GarEnter, Kitchen, Laundry Room, Living Room, OutEntrn, Porch
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other
  • Level 3 Rooms: Attic
  • Ground Level Rooms: Outside Entrance, Rec Room, Storage Room, Utility Room
  • Phone: 908-277-1398

Exterior Features

  • Exterior Description: Brick, Vinyl Siding
  • Exterior Features: Open Porch(es), Patio, Storm Door(s), Storm Window(s), Thermal Windows/Doors, Wood Fence
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Built-In Garage, Finished Garage
  • Number Garage Spaces: 1
  • Number Parking Spaces: 2
  • Parking Driveway Description: 1 Car Width

Utilities

  • Cooling: 2 Units, Multi-Zone Cooling
  • Fuel Type: Gas-Natural
  • Heating: Baseboard - Hotwater, Multi-Zone
  • Sewer: Public Sewer, Sewer Charge Extra
  • Utilities: Electric, Gas In Street, Gas-Natural
  • Water: Water Charge Extra
  • Water Heater: Gas

Schools

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

Lot Info

  • Lot Size: .689
  • Easement: Yes
  • Lot Description: Corner, Wooded Lot
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Zoning: Residential

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 22226
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2918-04501-0000-00028-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 4.365
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: Brayton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2020
Closed on
Jan 11, 2021
Sold by
Brenn William and Brenn Barbara D
Bought by
Doremus Steven and Doremus Laura
Seller's Agent
REGINA M MCAULEY
LOIS SCHNEIDER REALTOR
Buyer's Agent
CATHERINE LUTZ
PROMINENT PROPERTIES SIR
List Price
$1,195,000
Sold Price
$1,230,000
Premium/Discount to List
$35,000
2.93%
Current Estimated Value
$1,959,731

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$729,731
Avg. Annual Appreciation
9.83%
Original Mortgage
$984,000
Outstanding Balance
$877,294
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$1,082,437

Purchase Details

Closed on
May 23, 1996
Sold by
Maroney James H and Maroney Mary F
Bought by
Brenn William and Brenn Barbara D

Purchase Details

Closed on
Mar 25, 1996
Sold by
Maroney James H and Maroney Mary F
Bought by
Maroney James H and Maroney Mary F
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Doremus Steven $1,230,000 Realsafe Title Llc
Brenn William $320,000 --
Maroney James H -- --
Maroney James H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Doremus Steven $984,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/15/2021 01/15/21 Sold $1,230,000 +2.9% --
11/06/2020 11/06/20 Pending -- -- --
10/30/2020 10/30/20 For Sale $1,195,000 -- --
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 $22,834 $524,200 $289,600 $234,600
2024 $22,682 $524,200 $289,600 $234,600
2023 $22,682 $524,200 $289,600 $234,600
2022 $21,809 $509,200 $289,600 $219,600
2021 $21,982 $509,200 $289,600 $219,600
2020 $22,201 $509,200 $289,600 $219,600
2019 $22,227 $509,200 $289,600 $219,600
2018 $22,084 $509,200 $289,600 $219,600
2017 $22,227 $509,200 $289,600 $219,600
2016 $21,901 $509,200 $289,600 $219,600
2015 $21,473 $509,200 $289,600 $219,600
2014 $20,918 $509,200 $289,600 $219,600
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    REGINA M MCAULEY

    LOIS SCHNEIDER REALTOR

  • C

    Buyer's Agent in 2021

    CATHERINE LUTZ

    PROMINENT PROPERTIES SIR

See All Agents

Map

Source: Garden State MLS

MLS Number: 3675185

Garden State MLS

APN: 18-04501-0000-00028

New Jersey Union County Summit 07901

50 Rowan Rd, Summit, NJ

Not Listed for Sale

Detached

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