NOT LISTED FOR SALE

55 Essex Rd Summit, NJ 07901

Estimated Value: $4,770,591 - $7,474,000

6 Beds
5 Baths
-- Sq Ft
1.59 Acres

Last Sold July 15, 2013

Last sale price $3,750,000

Est. 61% increase in value since last sale

Current estimated payment $41,048/month

About This Home

As of July 2013

This home is located at 55 Essex Rd, Summit, NJ 07901 since 15 July 2013 and is currently estimated at $6,038,197. 55 Essex 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.

Last Agent to Sell the Property

Deborah Lupton

PROMINENT PROPERTIES SIR Brokerage Phone: 908-277-1398 Listed on: 07/15/2013

PROMINENT PROPERTIES SIR

Last Buyer's Agent

SANDRA P LONG

LOIS SCHNEIDER REALTOR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $97,773

Lot Details

  • 1.59 Acre Lot

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$97,773

Lot Details

0

Listing Details

  • County Name: Union
  • Street Number Display: 55
  • I D: 4296462
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 908-277-1398
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 6
  • Bathrooms: 4.20

Lot Info

  • Lot Size: 282X245
  • Total Acres: 1.59

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2013
Closed on
Jul 15, 2013
Sold by
Jones Geoffrey Carlisle and Jones Andrew Llewellyn
Bought by
Thomas Stephen and Thomas Heather
Seller's Agent
Deborah Lupton
PROMINENT PROPERTIES SIR
Buyer's Agent
SANDRA P LONG
LOIS SCHNEIDER REALTOR
Sold Price
$3,750,000
Current Estimated Value
$6,038,197

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,288,197
Avg. Annual Appreciation
4.23%

Purchase Details

Listed on
Jul 15, 2013
Closed on
Jul 13, 2013
Sold by
Jones Geoffrey Carlisle and Jones Andrew Llewellyn
Bought by
Jones Geoffrey Carlisle and Jones Andrew Llewellyn
Seller's Agent
Deborah Lupton
PROMINENT PROPERTIES SIR
Buyer's Agent
SANDRA P LONG
LOIS SCHNEIDER REALTOR
Sold Price
$3,750,000

Purchase Details

Closed on
May 6, 1999
Sold by
Jones Mary Philbrick
Bought by
Jones Geoffrey Carlisle and Jones Andrew Llewellyn
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
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
Thomas Stephen $3,750,000 None Available
Jones Geoffrey Carlisle -- None Available
Jones Geoffrey Carlisle -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Stephen $3,000,000
Closed Thomas Stephen $2,511,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2013 07/15/13 Sold $3,750,000 -- --
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
2024 $97,773 $2,259,600 $755,800 $1,503,800
2023 $97,773 $2,259,600 $755,800 $1,503,800
2022 $96,779 $2,259,600 $755,800 $1,503,800
2021 $97,547 $2,259,600 $755,800 $1,503,800
2020 $98,519 $2,259,600 $755,800 $1,503,800
2019 $98,632 $2,259,600 $755,800 $1,503,800
2018 $97,999 $2,259,600 $755,800 $1,503,800
2017 $98,632 $2,259,600 $755,800 $1,503,800
2016 $97,185 $2,259,600 $755,800 $1,503,800
2015 $95,287 $1,309,700 $755,800 $553,900
2014 $53,802 $1,309,700 $755,800 $553,900
Source: Public Records

Agents Affiliated with this Home

  • Deborah Lupton

    Seller's Agent in 2013

    Deborah Lupton

    PROMINENT PROPERTIES SIR

    (201) 840-8898

    24 in this area

    37 Total Sales

    Deborah Lupton
    Section Image

  • S

    Buyer's Agent in 2013

    SANDRA P LONG

    LOIS SCHNEIDER REALTOR

See All Agents

Map

Source: Garden State MLS

MLS Number: 3003842

Garden State MLS

APN: 18-02405-0000-00030

New Jersey Union County Summit 07901

55 Essex Rd, Summit, NJ

This home is located at 55 Essex Rd, Summit, NJ 07901 since 15 July 2013 and is currently estimated at $6,038,197. 55 Essex 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.

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