NOT LISTED FOR SALE

50 Summit Ave Bloomfield, NJ 07003

Estimated Value: $566,338 - $589,000

3 Beds
2 Baths
1,226 Sq Ft
$470/Sq Ft Est. Value

Last Sold June 27, 2022

Last sale price $515,000 $420 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,962/month

8 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Home Gym
  • Recreation Room
  • Home Office
  • Formal Dining Room

About This Home

As of June 2022

Your new home awaits in this adorable 3-bed, 2-bath updated Colonial! Chock-full of curb appeal, this home features hardwood floors throughout, CAC, and a finished basement. Bright and spacious living room flows to formal dining room. The adjacent sunroom is the ideal family room, play room, or home office - or a perfect spot to relax with a cup of coffee. The kitchen features stainless steel appliances and plenty of storage space. Upstairs, the large primary bedroom is your ideal retreat. There are two other good-sized bedrooms and a full bath. The finished basement includes a large family room / rec room, exercise space, and a new full bath with laundry. The backyard patio is ideal for entertaining and overlooks the large backyard. Additional updates include new front steps, new hot water heater, and exterior French drains. Conveniently located on a quiet, tree-lined street close to schools, parks, and shops, with access to major highways and commuting to NYC. Not a thing to do but move right in!

Last Agent to Sell the Property

Natalie Farrell

WEICHERT REALTORS Listed on: 04/27/2022

WEICHERT REALTORS

Last Buyer's Agent

ELISA BUCKLEY

KELLER WILLIAMS METROPOLITAN

KELLER WILLIAMS METROPOLITAN

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,034

Year Built

  • Built in 1940

Lot Details

  • 42 Sq Ft Lot
  • Level Lot

Parking

  • 1 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Aluminum Siding
  • Tile

Interior Spaces

  • Shades
  • Entrance Foyer
  • Family Room
  • Living Room
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Storage Room
  • Utility Room
  • Home Gym
  • Fire and Smoke Detector
  • Finished Basement

Kitchen

  • Gas Oven or Range
  • Self-Cleaning Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Free-Standing Freezer
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Storage Shed

Schools

  • Franklin Elementary School
  • Bloomfield Middle School
  • Bloomfield High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 1602-00725-0000-00022-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,034

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1940
  • Year Built Description: Approximate
  • County Name: Essex
  • Exclusions: Bdrm chandelier, gold mirror in bsmt bath, lilac & sm hydrangea in yard
  • Street Number Display: 50
  • Directions: Baldwin Street or Gillespie Road to Summit Avenue
  • I D: 5145847
  • Modified: 2023-06-28
  • Number Images: 25
  • First Name: NATALIE
  • First Name3: ELISA
  • Last Name: FARRELL
  • Last Name3: BUCKLEY
  • Office Phone: 973-762-3300
  • Office Phone3: 973-539-1120
  • Attribution Contact: null
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Tile, Vinyl-Linoleum, Wood
  • Appliances: Dishwasher, Dryer, Freezer-Freestanding, Kitchen Exhaust Fan, Microwave Oven, Range/Oven-Gas, Refrigerator, Self Cleaning Oven, Washer, Water Filter
  • Interior Amenities: Carbon Monoxide Detector, Fire Extinguisher, Security System, Shades, Smoke Detector, StallShw, TubShowr
  • Number Rooms: 9
  • Bedrooms: 3
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Finished
  • Basement Level Rooms: Bath(s) Other, Exercise Room, Laundry Room, Rec Room, Storage Room, Utility Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Separate Dining Area
  • Kitchen Dim: 9x11
  • Kitchen Level: First
  • Living Room Dim: 16x12
  • Living Room Level: First
  • Other Room 1: Rec Room
  • Other Room1 Dim: 12x13
  • Other Room1 Level: Basement
  • Other Room 2: Exercise Room
  • Other Room2 Dim: 10x8
  • Other Room2 Level: Basement
  • Level 1 Rooms: Dining Room, Family Room, Foyer, GarEnter, Kitchen, Living Room, Office
  • Level 2 Rooms: 3 Bedrooms, Bath Main

Exterior Features

  • Exterior Description: Aluminum Siding
  • Exterior Features: Patio, Sidewalk, Storage Shed, FencVnyl
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage, Garage Door Opener
  • Number Garage Spaces: 1
  • Number Parking Spaces: 1
  • Parking Driveway Description: 1 Car Width, Blacktop

Utilities

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

Schools

  • Elementary School: FRANKLIN
  • Middle School: BLOOMFIELD
  • High School: BLOOMFIELD
  • High School: BLOOMFIELD
  • Middle Jr High School: BLOOMFIELD

Lot Info

  • Lot Size: 42 X 100
  • Assessed Improvement Value: 160400
  • Assessed Land Value: 131500
  • Assessment: 291900
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 22
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.10

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 9034
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1602-00725-0000-00022-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 3.143
  • Tax Rate Tax: *
  • Tax Rate Year: 2021
  • Tax Year Tax: *
  • Tax Year: 2021

MLS Schools

  • Grade School: FRANKLIN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2022
Closed on
Jun 27, 2022
Sold by
Parla and Lisa
Bought by
Saad-Naguib Michael Hosam
Seller's Agent
Natalie Farrell
WEICHERT REALTORS
Buyer's Agent
ELISA BUCKLEY
KELLER WILLIAMS METROPOLITAN
List Price
$450,000
Sold Price
$515,000
Premium/Discount to List
$65,000
14.44%
Current Estimated Value
$576,085

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,085
Avg. Annual Appreciation
2.57%
Original Mortgage
$360,448
Outstanding Balance
$345,395
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$210,665

Purchase Details

Closed on
Jan 3, 2017
Sold by
Parla Dina
Bought by
Parla Dina and Parla Lisa

Purchase Details

Listed on
Dec 27, 2012
Closed on
Dec 27, 2012
Sold by
Aleckner Robert and Monaco Mary Ellen
Bought by
Parla Dina
Seller's Agent
ANNAMARIE CLEMENTI
WEST OF HUDSON REAL ESTATE
Sold Price
$281,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.60%
Original Mortgage
$275,910
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 22, 2010
Sold by
Aleckner Adolph W and Aleckner Mary
Bought by
Aleckner Robert and Monaco Maryellen
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
Saad-Naguib Michael Hosam $515,000 Simplicity Title
Parla Dina -- None Available
Parla Dina $281,000 Multiple
Parla Dina $281,000 None Available
Aleckner Robert $260,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saad-Naguib Michael Hosam $360,448
Previous Owner Parla Dina $74,716
Previous Owner Parla Dina $275,910
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2022 06/27/22 Sold $515,000 +14.4% $420 / Sq Ft
05/05/2022 05/05/22 Pending -- -- --
04/27/2022 04/27/22 For Sale $450,000 +60.1% $367 / Sq Ft
12/27/2012 12/27/12 Sold $281,000 -- $229 / 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
2024 $9,539 $291,900 $131,500 $160,400
2022 $9,347 $291,900 $131,500 $160,400
2021 $9,174 $291,900 $131,500 $160,400
2020 $9,034 $291,900 $131,500 $160,400
2019 $9,730 $244,400 $130,000 $114,400
2018 $9,688 $244,400 $130,000 $114,400
2017 $9,541 $244,400 $130,000 $114,400
2016 $9,434 $244,400 $130,000 $114,400
2015 $9,348 $244,400 $130,000 $114,400
2014 $9,177 $244,400 $130,000 $114,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3778180

Garden State MLS

APN: 02-00725-0000-00022