NOT LISTED FOR SALE

6 Lorraine Rd Summit, NJ 07901

Estimated Value: $1,682,000 - $2,354,000

5 Beds
4 Baths
2,593 Sq Ft
$805/Sq Ft Est. Value

Last Sold June 29, 2022

Last sale price $1,680,000 $648 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $13,402/month

5 Days on Market

About This Home

As of June 2022

This home is located at 6 Lorraine Rd, Summit, NJ 07901 since 26 April 2022 and is currently estimated at $2,087,097, approximately $804 per square foot. 6 Lorraine 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

JILL BRAY

PROMINENT PROPERTIES SIR Brokerage Phone: 908-273-8808 Listed on: 04/26/2022

Last Buyer's Agent

DEBBIE A RYBKA

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,638

Lot Details

  • 7,013

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,638

Lot Details

0

Listing Details

  • County Name: Union
  • Street Number Display: 6
  • I D: 5144034
  • Modified: 2025-07-21
  • Number Images: 1
  • Attribution Contact: 908-273-8808
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 3.10

Lot Info

  • Lot Size: 70X100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2022
Closed on
Jun 21, 2022
Sold by
Fiore and Jennifer
Bought by
Snook Kyle M and Price Elizabeth M
Seller's Agent
JILL BRAY
PROMINENT PROPERTIES SIR
Buyer's Agent
DEBBIE A RYBKA
COLDWELL BANKER REALTY
List Price
$1,525,000
Sold Price
$1,680,000
Premium/Discount to List
$155,000
10.16%
Current Estimated Value
$2,087,097

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$407,097
Avg. Annual Appreciation
6.72%
Original Mortgage
$1,344,000
Outstanding Balance
$1,287,872
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$778,134

Purchase Details

Listed on
Mar 6, 2017
Closed on
May 15, 2017
Sold by
Olson Bart R and Olson Susan B
Bought by
Fiore Richard and Velez Jennifer
Seller's Agent
Maren Dinsmore
PROMINENT PROPERTIES SIR
Buyer's Agent
SANDRA P LONG
LOIS SCHNEIDER REALTOR
List Price
$1,450,000
Sold Price
$1,370,000
Premium/Discount to List
-$80,000
-5.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.16%
Original Mortgage
$1,096,000
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 3, 2013
Closed on
Jul 2, 2013
Sold by
King Emily R
Bought by
Olson Brat R and Olson Susan B
Buyer's Agent
Maren Dinsmore
PROMINENT PROPERTIES SIR
Sold Price
$1,350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.37%
Original Mortgage
$1,025,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 21, 2007
Sold by
Ruggiero Peter and Ruggiero Rosina B
Bought by
King Emily R

Purchase Details

Closed on
Oct 23, 2001
Sold by
Wright Glen C and Schwetje Ann M
Bought by
Ruggiero Peter and Ruggiero Rosina B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.86%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 22, 1995
Sold by
Steinfeld Bart R and Steinfeld Rebecca Z
Bought by
Wright Glen C and Schwetje Ann M
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
Snook Kyle M $1,680,000 Chicago Title
Fiore Richard $1,370,000 Simplicity Title
Olson Brat R $1,350,000 Stewart Title Guaranty Co
King Emily R $1,495,000 None Available
Ruggiero Peter $929,000 --
Wright Glen C $470,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Snook Kyle M $1,344,000
Previous Owner Velez Jennifer Gail $1,029,000
Previous Owner Fiore Richard $1,096,000
Previous Owner Olson Bart R $60,000
Previous Owner Olson Brat R $1,025,000
Previous Owner Ruggiero Peter L $100,000
Previous Owner Ruggiero Peter $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2022 06/29/22 Sold $1,680,000 +10.2% $648 / Sq Ft
05/04/2022 05/04/22 Pending -- -- --
04/28/2022 04/28/22 For Sale $1,525,000 +11.3% $588 / Sq Ft
06/26/2017 06/26/17 Sold $1,370,000 -5.5% $528 / Sq Ft
04/20/2017 04/20/17 Pending -- -- --
03/06/2017 03/06/17 For Sale $1,450,000 +7.4% $559 / Sq Ft
07/03/2013 07/03/13 Sold $1,350,000 -- $521 / Sq Ft
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
2024 $24,638 $569,400 $210,500 $358,900
2023 $24,638 $569,400 $210,500 $358,900
2022 $24,387 $569,400 $210,500 $358,900
2021 $24,581 $569,400 $210,500 $358,900
2020 $24,826 $569,400 $210,500 $358,900
2019 $24,854 $569,400 $210,500 $358,900
2018 $24,695 $569,400 $210,500 $358,900
2017 $24,854 $569,400 $210,500 $358,900
2016 $24,490 $569,400 $210,500 $358,900
2015 $24,012 $569,400 $210,500 $358,900
2014 $23,391 $555,300 $210,500 $344,800
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    JILL BRAY

    PROMINENT PROPERTIES SIR

  • D

    Buyer's Agent in 2022

    DEBBIE A RYBKA

    COLDWELL BANKER REALTY

  • Maren Dinsmore

    Seller's Agent in 2017

    Maren Dinsmore

    PROMINENT PROPERTIES SIR

    (908) 337-4437

    13 in this area

    48 Total Sales

    Maren Dinsmore
    Section Image
  • Cynthia Bienemann

    Seller Co-Listing Agent in 2017

    Cynthia Bienemann

    PROMINENT PROPERTIES SIR

    (973) 652-4336

    14 in this area

    67 Total Sales

    Cynthia Bienemann
    Section Image

  • S

    Buyer's Agent in 2017

    SANDRA P LONG

    LOIS SCHNEIDER REALTOR

See All Agents

Map

Source: Garden State MLS

MLS Number: 3777778

Garden State MLS

APN: 18-01203-0000-00044

New Jersey Union County Summit 07901

6 Lorraine Rd, Summit, NJ

This home is located at 6 Lorraine Rd, Summit, NJ 07901 since 26 April 2022 and is currently estimated at $2,087,097, approximately $804 per square foot. 6 Lorraine 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.

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