NOT LISTED FOR SALE

57 Prospect St Summit, NJ 07901

Estimated Value: $2,094,000 - $3,626,000

4 Beds
5 Baths
-- Sq Ft
0.62 Acres

Last Sold March 05, 2019

Last sale price $1,400,000

Est. 108% increase in value since last sale

Current estimated payment $19,281/month

44 Days on Market

Highlights

  • Carriage House
  • Dining Room with Fireplace
  • Wood Flooring
  • L C Johnson Summit Middle School Rated A+
  • Cathedral Ceiling
  • Main Floor Bedroom

About This Home

As of March 2019

Classic 1913 Carriage House dripping with charm and loaded with charisma. Very private location yet just a few blocks to schools, town shopping and NYC Midtown Direct train. 1st floor Master suite. "Suburban Seclusion" characterizes this heartwarming home in the sought-after Memorial Field neighborhood. Beautifully landscaped for all seasons and tucked away for maximum peace and quiet. Extremely convenient location in a high-end executive-calibre neighborhood.

Last Agent to Sell the Property

Donald R. Marcy

COLDWELL BANKER REALTY Listed on: 09/26/2018

COLDWELL BANKER REALTY

Last Buyer's Agent

Donald R. Marcy

COLDWELL BANKER REALTY Listed on: 09/26/2018

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,002

Year Renovated

  • 1990

Lot Details

  • 0.62 Acre Lot
  • Fenced
  • Level Lot
  • Open Lot
  • Irregular Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Inside Entrance
  • Garage Door Opener
  • Gravel Driveway
  • Additional Parking

Home Design

  • Carriage House
  • Cape Cod Architecture
  • Wood Shingle Roof

Interior Spaces

  • Wet Bar
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Thermal Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • 4 Fireplaces
  • Breakfast Room
  • Formal Dining Room
  • Storage Room
  • Utility Room

Kitchen

  • Eat-In Country Kitchen
  • Breakfast Bar
  • Self-Cleaning Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Instant Hot Water

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Dressing Area
  • Powder Room
  • Jetted Tub in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

  • Exterior Basement Entry
  • Sump Pump
  • French Drain
  • Crawl Space

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Storage Shed

Schools

  • Brayton Elementary School
  • Summit Middle School
  • Summit High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Standard Electricity
  • Water Tap or Transfer Fee
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2918-02709-0000-00015-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,002

Year Renovated

1990

Lot Details

0

Parking

2

Listing Details

  • Style: Carriage House, Cape Cod
  • Primary Style: Carriage House
  • Subproperty Type: Single Family
  • County Name: Union
  • Directions: Morris Avenue to Prospect. House is between Tulip and Blackburn. Please park on the street as the driveway is narrow and winding..
  • I D: 4840977
  • First Name: DONALD R
  • First Name3: DONALD R
  • Last Name: MARCY
  • Last Name3: MARCY
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 1990

Interior Features

  • Flooring: Carpeting, Wood
  • Fireplace Description: Bedroom 1, Gas Fireplace, Dining Room, Family Room, Living Room
  • Number of Fireplaces: 4
  • Appliances: Carbon Monoxide Detector, OvnWElec, Refrigerator, CookGas, Washer, Instant Hot Water, Dishwasher, Self Cleaning Oven, Disposal, Kitchen Exhaust Fan, Dryer, Microwave Oven, Sump Pump
  • Interior Amenities: Bar-Wet, JacuzTyp, TubShowr, Beam Ceilings, StallShw, StallTub, Fire Extinguisher, Carbon Monoxide Detector, Cathedral Ceiling, Smoke Detector
  • Bedrooms: 4
  • Master Bedroom Desc: 1st Floor, Dressing Room, Fireplace, Full Bath
  • Bedroom 1 Level: First
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Stall Shower And Tub, Jetted Tub
  • Bathrooms: 3.20
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Description: Bilco-Style Door, Crawl Space, French Drain, Unfinished
  • Basement Level Rooms: Utility Room, Outside Entrance, Storage Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Breakfast Bar, Country Kitchen, Eat-In Kitchen, Separate Dining Area
  • Kitchen Dim: 17x12
  • Kitchen Level: First
  • Living Room Dim: 25x17
  • Living Room Level: First
  • Other Room 1: Breakfast
  • Other Room1 Dim: 13x09
  • Other Room1 Level: First
  • Other Room 2: Foyer
  • Other Room2 Dim: 13x08
  • Other Room2 Level: First
  • Other Room 3: Laundry Room
  • Other Room3 Level: First
  • Other Room 4: Utility Room
  • Other Room4 Level: Basement
  • Level 1 Rooms: 1 Bedroom, Breakfast Room, Laundry Room, Foyer, GarEnter, Living Room, Dining Room, Bath Main, Powder Room, Family Room, Kitchen
  • Level 2 Rooms: 3 Bedrooms, Bath Main, Powder Room, Bath(s) Other
  • Phone: 973-377-4444

Exterior Features

  • Exterior Description: Wood Shingle
  • Exterior Features: Storage Shed, Underground Lawn Sprinkler, Metal Fence, Curbs, Sidewalk, Thermal Windows/Doors
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Garage Door Opener, Attached Garage, InEntrnc
  • Number Garage Spaces: 2
  • Parking Driveway Description: 1 Car Width, Gravel, Additional Parking

Utilities

  • Cooling: Multi-Zone Cooling, Ceiling Fan, Central Air
  • Fuel Type: Gas-Natural
  • Heating: Baseboard - Hotwater, Multi-Zone
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Water Charge Extra, Public Water
  • Water Heater: Gas

Schools

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

Lot Info

  • Lot Size: 99' x 276' irreg.
  • Easement: Unknown
  • Lot Description: Level Lot, Open Lot, Irregular Lot
  • Lot I D Tax: *
  • Total Acres: 0.62
  • Zoning: Rresidential

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Street Number Tax: *
  • Tax Amount: 25002
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2918-02709-0000-00015-0000-
  • Tax Rate Amount: 4.365
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2017

MLS Schools

  • Grade School: Brayton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 27, 2022
Sold by
Flax Jonathan S and Flax Valerie M
Bought by
Flax Jonathan S and 36 Locust Llc
Current Estimated Value
$2,918,712

Purchase Details

Listed on
Sep 26, 2018
Closed on
Mar 4, 2019
Sold by
Welch Richard A and Welch Dolores A
Bought by
Flax Jonathan S and Flax Valerie M
Seller's Agent
Donald R. Marcy
COLDWELL BANKER REALTY
Buyer's Agent
Donald R. Marcy
COLDWELL BANKER REALTY
List Price
$1,500,000
Sold Price
$1,400,000
Premium/Discount to List
-$100,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.36%

Purchase Details

Closed on
May 15, 1996
Sold by
May Christine B
Bought by
Welch Richard A and Welch Dolores A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
7.37%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Flax Jonathan S -- Simon Robert F
Flax Jonathan S $1,400,000 Nrt Title Agency Llc
Welch Richard A $677,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Welch Richard A $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/05/2019 03/05/19 Sold $1,400,000 -6.7% --
11/09/2018 11/09/18 Pending -- -- --
09/26/2018 09/26/18 For Sale $1,500,000 -- --
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 $47,855 $1,098,600 $330,000 $768,600
2024 $47,536 $1,098,600 $330,000 $768,600
2023 $47,536 $1,098,600 $330,000 $768,600
2022 $45,421 $1,060,500 $284,600 $775,900
2021 $24,728 $572,800 $284,600 $288,200
2020 $24,974 $572,800 $284,600 $288,200
2019 $25,003 $572,800 $284,600 $288,200
2018 $24,842 $572,800 $284,600 $288,200
2017 $25,003 $572,800 $284,600 $288,200
2016 $24,636 $572,800 $284,600 $288,200
2015 $24,155 $547,700 $284,600 $263,100
2014 $22,500 $547,700 $284,600 $263,100
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2019

    Donald R. Marcy

    COLDWELL BANKER REALTY

    (973) 615-0384

    12 Total Sales

    Donald R. Marcy
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3504800

Garden State MLS

APN: 18-02709-0000-00015

New Jersey Union County Summit 07901

57 Prospect St, Summit, NJ

Not Listed for Sale

Detached

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