53 Edgewood Rd Summit, NJ 07901
Estimated Value: $1,901,291 - $2,752,000
Studio
--
Bath
3,018
Sq Ft
$810/Sq Ft
Est. Value
About This Home
This home is located at 53 Edgewood Rd, Summit, NJ 07901 and is currently estimated at $2,445,097, approximately $810 per square foot. 53 Edgewood Rd 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.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 21, 2004
Sold by
Pelino Terrence
Bought by
Ma Michael and Hartman Lisa
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$993,750
Outstanding Balance
$500,031
Interest Rate
6.33%
Estimated Equity
$1,945,066
Purchase Details
Closed on
Jul 10, 2002
Sold by
Myrtetus Michael J and Myrtetus Mary Allyson
Bought by
Pelino Terrence M and Pelino Jacquelyn S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Interest Rate
6.37%
Purchase Details
Closed on
Mar 31, 1998
Sold by
Marki Richard and Marki Donna
Bought by
Myrtetus Michael J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$632,000
Interest Rate
6.75%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ma Michael | $1,325,000 | -- | |
| Pelino Terrence M | $1,450,000 | -- | |
| Myrtetus Michael J | $790,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ma Michael | $993,750 | |
| Previous Owner | Pelino Terrence M | $950,000 | |
| Previous Owner | Myrtetus Michael J | $632,000 |
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 | $27,225 | $625,000 | $423,100 | $201,900 |
| 2024 | $27,044 | $625,000 | $423,100 | $201,900 |
| 2023 | $27,044 | $625,000 | $423,100 | $201,900 |
| 2022 | $33,450 | $781,000 | $423,100 | $357,900 |
| 2021 | $33,716 | $781,000 | $423,100 | $357,900 |
| 2020 | $34,052 | $781,000 | $423,100 | $357,900 |
| 2019 | $34,091 | $781,000 | $423,100 | $357,900 |
| 2018 | $33,872 | $781,000 | $423,100 | $357,900 |
| 2017 | $34,091 | $781,000 | $423,100 | $357,900 |
| 2016 | $33,591 | $781,000 | $423,100 | $357,900 |
| 2015 | $32,935 | $781,000 | $423,100 | $357,900 |
| 2014 | $32,083 | $781,000 | $423,100 | $357,900 |
Source: Public Records
Map
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