NOT LISTED FOR SALE

56 Karen Way Summit, NJ 07901

Estimated Value: $760,000 - $1,247,000

3 Beds
2 Baths
-- Sq Ft
0.28 Acres

Last Sold January 31, 2022

Last sale price $815,000

Est. 25% increase in value since last sale

Current estimated payment $6,300/month

9 Days on Market

Highlights

  • Ranch Style House
  • Wood Flooring
  • Thermal Windows
  • L C Johnson Summit Middle School Rated A+
  • Corner Lot
  • 2 Car Attached Garage

About This Home

As of January 2022

Summit classic 3 bedroom ranch sitting on a curved corner .28 lot. Move in and update or rebuild. Meticulously maintained over the years. Excellent opportunity for a home buyer or developer in a great Summit neighborhood!

Last Agent to Sell the Property

Derek Eisenberg

CONTINENTAL REAL ESTATE GROUP Listed on: 11/08/2021

Last Buyer's Agent

Stuart Thomas

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,585

Year Built

  • Built in 1957

Lot Details

  • 0.28 Acre Lot
  • Corner Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • Gas Fireplace
  • Thermal Windows
  • Drapes & Rods
  • Blinds
  • Living Room with Fireplace
  • Wood Flooring
  • Partially Finished Basement
  • French Drain

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower

Laundry

  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Schools

  • Washington Elementary School
  • Summit Middle School
  • Summit High School

Utilities

  • Forced Air Heating and Cooling System
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2918-00303-0000-00012-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,585

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Style: Ranch
  • Primary Style: Ranch
  • Subproperty Type: Single Family
  • Year Built: 1957
  • Year Built Description: Approximate
  • County Name: Union
  • Street Number Display: 56
  • Directions: River Rd to Woodland then Karen Way.
  • I D: 5114523
  • Modified: 2023-02-01
  • Number Images: 19
  • First Name: DEREK
  • First Name3: STUART
  • Last Name: EISENBERG
  • Last Name3: THOMAS
  • Office Phone3: 973-377-4444
  • Attribution Contact: 877-996-5728
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Wood
  • Fireplace Description: Gas Fireplace, Living Room
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dishwasher, Dryer, Range/Oven-Gas, Refrigerator, OvnWElec, Washer
  • Interior Amenities: Blinds, Drapes, Smoke Detector, StallShw, Walk-In Closet
  • Number Rooms: 7
  • Bedrooms: 3
  • Master Bedroom Desc: 1st Floor, Full Bath
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Finished-Partially, French Drain
  • Kitchen Area: Eat-In Kitchen, Separate Dining Area
  • Phone: 877-996-5728

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Patio, Thermal Windows/Doors
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage, Garage Door Opener
  • Number Garage Spaces: 2
  • Parking Driveway Description: 2 Car Width

Utilities

  • Cooling: Central Air
  • Fuel Type: Electric, Gas-Natural
  • Heating: Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Electric, Gas In Street
  • Water: Public Water
  • Water Heater: Gas

Schools

  • Elementary School: Washington
  • Middle School: Summit MS
  • High School: Summit HS
  • High School: Summit HS
  • Middle Jr High School: Summit MS

Lot Info

  • Lot Size: 90X135 IRR
  • Assessed Improvement Value: 99600
  • Assessed Land Value: 145600
  • Assessment: 245200
  • Lot Description: Corner
  • Lot Identifier: 12
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.28

Tax Info

  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 10585
  • Assessor Parcel Number: 2918-00303-0000-00012-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 4.360
  • Tax Rate Tax: *
  • Tax Rate Year: 2021
  • Tax Year: 2021

MLS Schools

  • Grade School: Washington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2018
Sold by
Sheridan Laurel Ann and Estate Of Edith G Sheridan
Bought by
Sheridan Laurel Ann
Current Estimated Value
$1,016,355
Source: Public Records

Range of Values:

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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
Sheridan Laurel Ann -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2022 01/31/22 Sold $815,000 +5.2% --
11/17/2021 11/17/21 Pending -- -- --
11/08/2021 11/08/21 For Sale $775,000 -- --
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
2025 $10,681 $245,200 $145,600 $99,600
2024 $10,610 $245,200 $145,600 $99,600
2023 $10,610 $245,200 $145,600 $99,600
2022 $10,502 $245,200 $145,600 $99,600
2021 $10,585 $245,200 $145,600 $99,600
2020 $10,691 $245,200 $145,600 $99,600
2019 $10,703 $245,200 $145,600 $99,600
2018 $10,634 $245,200 $145,600 $99,600
2017 $10,703 $245,200 $145,600 $99,600
2016 $10,546 $245,200 $145,600 $99,600
2015 $10,090 $245,200 $145,600 $99,600
2014 $9,823 $245,200 $145,600 $99,600
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2022

    Derek Eisenberg

    CONTINENTAL REAL ESTATE GROUP

    (877) 996-5728

    3 in this area

    3,141 Total Sales

    Derek Eisenberg
    Section Image
  • Stuart Thomas

    Buyer's Agent in 2022

    Stuart Thomas

    COLDWELL BANKER REALTY

    (862) 244-7240

    1 in this area

    4 Total Sales

    Stuart Thomas
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3750801

Garden State MLS

APN: 18-00303-0000-00012

New Jersey Union County Summit 07901

56 Karen Way, Summit, NJ

This home is located at 56 Karen Way, Summit, NJ 07901 since 08 November 2021 and is currently estimated at $1,016,355. This property was built in 1957. 56 Karen Way 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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