$3,780,000
SOLD NOV 24, 2025

58 Prospect Hill Ave Summit, NJ 07901

5 Beds
6 Baths
3,220 Sq Ft
0.57 Acres

Recently Sold

$1,174 Per Sq Ft

2% Below List Price

23 Days on Market

Highlights

  • Steam Shower
  • L C Johnson Summit Middle School Rated A+
  • Fireplace

About This Home

As of November 2025

This home is located at 58 Prospect Hill Ave, Summit, NJ 07901 and is currently priced at $3,780,000, approximately $1,173 per square foot. This property was built in 1928. 58 Prospect Hill Ave 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

WINIFRED CAVAZINI

PROMINENT PROPERTIES SIR Brokerage Phone: 908-273-8808 Listed on: 09/03/2025

Co-Listed By

ROSEMARY M DANGLER

PROMINENT PROPERTIES SIR Brokerage Phone: 908-273-8808

Last Buyer's Agent

EDGAR DONOHOE

TURPIN REAL ESTATE, INC.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1928

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 6 Bathrooms
  • Steam Shower

Additional Features

  • Fireplace
  • 0.57 Acre Lot

Home Details

Home Type

Single Family

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Year Built: 1928
  • County Name: Union
  • I D: 5382294
  • Attribution Contact: 908-273-8808
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 5.10

Lot Info

  • Lot Size: 120X208
  • Total Acres: 0.57

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2025
Closed on
Nov 14, 2025
Sold by
Yeager Mark R and Yeager Kathryn
Bought by
Traynor Thomas Richard and Traynor Amy Kathleen
Seller's Agent
WINIFRED CAVAZINI
PROMINENT PROPERTIES SIR
Buyer's Agent
EDGAR DONOHOE
TURPIN REAL ESTATE, INC.
List Price
$3,875,000
Sold Price
$3,780,000
Premium/Discount to List
-$95,000
-2.45%
Views
49

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.94%
Original Mortgage
$2,000,000
Outstanding Balance
$1,997,597
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$1,849,705

Purchase Details

Closed on
Oct 17, 2018
Sold by
David M Torne
Bought by
Yeager Mark and Yeager Kathryn

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
4.9%

Purchase Details

Listed on
Apr 3, 2018
Closed on
Jul 19, 2018
Sold by
Trone David M and Trone Paula M
Bought by
Yeager Mark R and Yeager Kathryn
Seller's Agent
CYNTHIA BAKER
LOIS SCHNEIDER REALTOR
Buyer's Agent
WINIFRED CAVAZINI
PROMINENT PROPERTIES SIR
List Price
$2,730,000
Sold Price
$2,436,665
Premium/Discount to List
-$293,335
-10.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.29%

Purchase Details

Closed on
May 15, 2008
Sold by
Hanley Richard and Hanley Lauralyn Starre
Bought by
Trone David M and Trone Paula M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,100,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 25, 2000
Sold by
Weadock Bryan and Weadock Elyse
Bought by
Hanley Richard and Hanley Lauralyn Starre

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,230,750
Interest Rate
8.18%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 21, 1997
Sold by
Weadock Bryan and Weadock Elyse
Bought by
Weadock Bryan and Weadock Elyse

Purchase Details

Closed on
Aug 16, 1995
Sold by
Vicinelli Gaetano R and Vicinelli Susan
Bought by
Weadock Bryan and Weadock Elyse
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Deed $3,780,000 Hilltop Title
Deed $2,436,665 --
Deed $2,436,665 Simplicity Title Llc
Bargain Sale Deed $2,800,000 None Available
Deed $1,641,000 --
Interfamily Deed Transfer -- --
Deed $815,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,000,000 New Conventional
Previous Owner $1,000,000 No Value Available
Previous Owner -- No Value Available
Previous Owner $2,100,000 Purchase Money Mortgage
Previous Owner $1,230,750 Credit Line Revolving
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/24/2025 11/24/25 Sold $3,780,000 -2.5% $1,174 / Sq Ft
09/26/2025 09/26/25 Pending -- -- --
09/03/2025 09/03/25 For Sale $3,875,000 +59.0% $1,203 / Sq Ft
08/02/2018 08/02/18 Sold $2,436,665 -10.7% $757 / Sq Ft View Prior Sale
05/30/2018 05/30/18 Pending -- -- --
04/03/2018 04/03/18 For Sale $2,730,000 -- $848 / 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 $46,718 $1,072,500 $451,900 $620,600
2024 $46,407 $1,072,500 $451,900 $620,600
2023 $46,407 $1,072,500 $451,900 $620,600
2022 $45,935 $1,072,500 $451,900 $620,600
2021 $46,300 $1,072,500 $451,900 $620,600
2020 $46,761 $1,072,500 $451,900 $620,600
2019 $46,815 $1,072,500 $451,900 $620,600
2018 $46,514 $1,072,500 $451,900 $620,600
2017 $46,815 $1,072,500 $451,900 $620,600
2016 $46,128 $1,072,500 $451,900 $620,600
2015 $45,227 $1,072,500 $451,900 $620,600
2014 $44,058 $1,072,500 $451,900 $620,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3984464

Garden State MLS

APN: 18-03502-0000-00014