NOT LISTED FOR SALE

56 Colt Rd Summit, NJ 07901

Estimated Value: $3,142,707 - $4,186,000

6 Beds
6 Baths
-- Sq Ft
0.44 Acre Lot

Sale Details

Date Sold: May 23, 2013

Last sale price $2,400,000

Est. 58% increase in value since last sale

Current estimated payment $24,148 / mo

About This Home

As of May 2013

This home is located at 56 Colt Rd, Summit, NJ 07901 since 23 May 2013 and is currently estimated at $3,787,569. This property was built in 1984. 56 Colt Rd 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

Maura Elia

PROMINENT PROPERTIES SIR Brokerage Phone: 908-522-1800 Listed on: 05/23/2013

Last Buyer's Agent

Kim Cannon

PROMINENT PROPERTIES SIR

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1984

Lot Details

  • 19,166 Sq Ft Lot

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 1984

Lot Details

0.44 Acres

Listing Details

  • Year Built: 1984
  • County Name: Union
  • I D: 4283791
  • Attribution Contact: 908-522-1800
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 6
  • Bathrooms: 5.10

Lot Info

  • Lot Size: 0.437
  • Total Acres: 0.44

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
May 23, 2013
Closed on
May 16, 2013
Sold by
Bought by
Seller's Agent
Maura Elia
PROMINENT PROPERTIES SIR
Buyer's Agent
Kim Cannon
PROMINENT PROPERTIES SIR
Sold Price
$2,400,000
Current Estimated Value
$3,787,569

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,387,569
Avg. Annual Appreciation
3.54%
Original Mortgage
$1,500,000
Outstanding Balance
$1,014,881
Interest Rate
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,772,688

Purchase Details

Closed on
Feb 19, 1997
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
$880,000
Interest Rate
7.8%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
$2,400,000 Stewart Title Guaranty Co
$1,100,000 First American Title Ins Co
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 $1,500,000
Previous Owner $880,000
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
05/23/2013 05/23/13 Sold $2,400,000 -- --
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 $45,703 $1,049,200 $331,100 $718,100
2024 $45,399 $1,049,200 $331,100 $718,100
2023 $45,399 $1,049,200 $331,100 $718,100
2022 $44,937 $1,049,200 $331,100 $718,100
2021 $45,294 $1,049,200 $331,100 $718,100
2020 $45,745 $1,049,200 $331,100 $718,100
2019 $45,798 $1,049,200 $331,100 $718,100
2018 $45,504 $1,049,200 $331,100 $718,100
2017 $45,798 $1,049,200 $331,100 $718,100
2016 $45,126 $1,049,200 $331,100 $718,100
2015 $44,245 $1,049,200 $331,100 $718,100
2014 $43,101 $1,013,900 $331,100 $682,800
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2013

    Maura Elia

    PROMINENT PROPERTIES SIR

    (908) 273-8808

    12 Total Sales

    Maura Elia
    Section Image
  • Kim Cannon

    Buyer's Agent in 2013

    Kim Cannon

    PROMINENT PROPERTIES SIR

    (609) 947-4493

    136 Total Sales

    Kim Cannon
    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3021476

Garden State MLS

APN: 18-05203-0000-00033

New Jersey Union County Summit 07901

56 Colt Rd, Summit, NJ

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Garden State MLS The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.
Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.



This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.