NOT LISTED FOR SALE

55 Rotary Dr Summit, NJ 07901

Estimated Value: $2,094,602 - $2,275,000

4 Beds
5 Baths
3,032 Sq Ft
$721/Sq Ft Est. Value

Sale Details

Date Sold: August 15, 2025

Last sale price $2,150,000 $709 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $13,762 / mo

12 Days on Market

About This Home

As of August 2025

This home is located at 55 Rotary Dr, Summit, NJ 07901 since 23 June 2025 and is currently estimated at $2,185,901, approximately $720 per square foot. This property was built in 1959. 55 Rotary Dr is a home located in Union County with nearby schools including L C Johnson Summit Middle School, Summit Sr High School, and Oak Knoll School of the Holy Child.

Last Agent to Sell the Property

CYNTHIA BAKER

LOIS SCHNEIDER REALTOR Brokerage Phone: 908-277-1398 Listed on: 06/23/2025

Last Buyer's Agent

CYNTHIA BAKER

LOIS SCHNEIDER REALTOR Brokerage Phone: 908-277-1398 Listed on: 06/23/2025

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1959

Lot Details

  • 15,246 Sq Ft Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 1959

Lot Details

0.35 Acres

Listing Details

  • Year Built: 1959
  • County Name: Union
  • I D: 5367013
  • Attribution Contact: 908-277-1398
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 4.10

Lot Info

  • Lot Size: .352
  • Total Acres: 0.35

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2025
Closed on
Aug 8, 2025
Sold by
Bought by
Seller's Agent
CYNTHIA BAKER
LOIS SCHNEIDER REALTOR
Buyer's Agent
CYNTHIA BAKER
LOIS SCHNEIDER REALTOR
List Price
$1,750,000
Sold Price
$2,150,000
Premium/Discount to List
$400,000
22.86%
Views
22
Current Estimated Value
$2,185,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,901
Avg. Annual Appreciation
1.97%
Original Mortgage
$1,720,000
Outstanding Balance
$1,718,496
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$467,405

Purchase Details

Closed on
Dec 18, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$997,500
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$882,400
Interest Rate
5.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 17, 2007
Sold by
Bought by

Purchase Details

Closed on
Oct 15, 1997
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,150,000 Tradition Title
$2,150,000 Tradition Title
$1,330,000 None Available
$1,103,000 None Available
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,720,000
Previous Owner $997,500
Previous Owner $882,400
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/15/2025 08/15/25 Sold $2,150,000 +22.9% $709 / Sq Ft
07/08/2025 07/08/25 Pending -- -- --
06/26/2025 06/26/25 For Sale $1,750,000 -- $577 / Sq Ft
Source: Garden State MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $23,461 $538,600 $275,900 $262,700
2024 $23,305 $538,600 $275,900 $262,700
2023 $23,305 $538,600 $275,900 $262,700
2022 $23,068 $538,600 $275,900 $262,700
2021 $23,251 $538,600 $275,900 $262,700
2020 $23,483 $538,600 $275,900 $262,700
2019 $23,510 $538,600 $275,900 $262,700
2018 $23,359 $538,600 $275,900 $262,700
2017 $23,510 $538,600 $275,900 $262,700
2016 $23,165 $538,600 $275,900 $262,700
2015 $22,713 $538,600 $275,900 $262,700
2014 $22,126 $538,600 $275,900 $262,700
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2025

    CYNTHIA BAKER

    LOIS SCHNEIDER REALTOR

See All Agents

Map

Source: Garden State MLS

MLS Number: 3971157

Garden State MLS

APN: 18-05304-0000-00006

New Jersey Union County Summit 07901

55 Rotary Dr, Summit, NJ

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