NOT LISTED FOR SALE

57 Fernwood Rd Summit, NJ 07901

Estimated Value: $4,317,290 - $5,136,000

7 Beds
5 Baths
4,853 Sq Ft
$980/Sq Ft Est. Value

Sale Details

Date Sold: June 16, 2025

Last sale price $4,650,000 $958 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $29,996 / mo

About This Home

As of June 2025

This home is located at 57 Fernwood Rd, Summit, NJ 07901 since 16 June 2025 and is currently estimated at $4,755,323, approximately $979 per square foot. This property was built in 1908. 57 Fernwood 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

Annemarie Cahill

PROMINENT PROPERTIES SIR Brokerage Phone: 908-273-8808 Listed on: 06/16/2025

PROMINENT PROPERTIES SIR

Co-Listed By

APRIL WINGATE

PROMINENT PROPERTIES SIR Brokerage Phone: 908-273-8808

Last Buyer's Agent

CYNTHIA BAKER

LOIS SCHNEIDER REALTOR

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1908

Lot Details

  • 30,056 Sq Ft Lot

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 1908

Lot Details

0.69 Acres

Listing Details

  • Year Built: 1908
  • County Name: Union
  • I D: 5364207
  • Attribution Contact: 908-273-8808
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 7
  • Bathrooms: 4.20

Lot Info

  • Lot Size: 125X240
  • Total Acres: 0.69

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2025
Closed on
Jun 9, 2025
Sold by
Delia A Willsey Revocable Trust and Willsey Delia A
Bought by
Ciabatti Francesco and Ciabatti Sara
Seller's Agent
Annemarie Cahill
PROMINENT PROPERTIES SIR
Buyer's Agent
CYNTHIA BAKER
LOIS SCHNEIDER REALTOR
Sold Price
$4,650,000
Views
13
Current Estimated Value
$4,755,323

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,323
Avg. Annual Appreciation
2.70%
Original Mortgage
$3,720,000
Outstanding Balance
$3,706,235
Interest Rate
4.88%
Mortgage Type
New Conventional
Estimated Equity
$1,049,088

Purchase Details

Closed on
May 31, 2019
Sold by
Willsey Kevin D and Willsey Delia A
Bought by
Willsey Delia A and Delia A Willsey Irrevocable Tr

Purchase Details

Closed on
Jul 11, 2003
Sold by
Feldmann Joel
Bought by
Willsey Kevin and Willsey Delia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.28%

Purchase Details

Closed on
Sep 13, 2001
Sold by
Feldmann Julie A
Bought by
Feldmann Joel

Purchase Details

Closed on
Nov 14, 1997
Sold by
Dimmick Paul H and Dimmick Susan J
Bought by
Feldman Joel P and Feldmann Julie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$925,000
Interest Rate
7.37%
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

Date Buyer Sale Price Title Company
Ciabatti Francesco $4,650,000 Tradition Title
Willsey Delia A -- None Available
Willsey Kevin $2,575,000 --
Feldmann Joel -- --
Feldmann Julie A -- --
Feldman Joel P $1,350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ciabatti Francesco $3,720,000
Previous Owner Willsey Kevin $1,000,000
Previous Owner Feldman Joel P $925,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2025 06/16/25 Sold $4,650,000 -- $958 / Sq Ft
Source: Garden State MLS

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 $55,326 $1,270,100 $486,700 $783,400
2024 $54,957 $1,270,100 $486,700 $783,400
2023 $54,957 $1,270,100 $486,700 $783,400
2022 $54,398 $1,270,100 $486,700 $783,400
2021 $54,830 $1,270,100 $486,700 $783,400
2020 $55,376 $1,270,100 $486,700 $783,400
2019 $55,440 $1,270,100 $486,700 $783,400
2018 $55,084 $1,270,100 $486,700 $783,400
2017 $55,440 $1,270,100 $486,700 $783,400
2016 $54,627 $1,270,100 $486,700 $783,400
2015 $53,560 $1,270,100 $486,700 $783,400
2014 $52,176 $1,270,100 $486,700 $783,400
Source: Public Records

Agents Affiliated with this Home

  • Annemarie Cahill

    Seller's Agent in 2025

    Annemarie Cahill

    PROMINENT PROPERTIES SIR

    (908) 397-8785

    10 in this area

    14 Total Sales

    Annemarie Cahill
    Section Image

  • A

    Seller Co-Listing Agent in 2025

    APRIL WINGATE

    PROMINENT PROPERTIES SIR

  • C

    Buyer's Agent in 2025

    CYNTHIA BAKER

    LOIS SCHNEIDER REALTOR

See All Agents

Map

Source: Garden State MLS

MLS Number: 3969726

Garden State MLS

APN: 18-02202-0000-00008

New Jersey Union County Summit 07901

57 Fernwood Rd, Summit, NJ

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