NOT LISTED FOR SALE

6 Montview Rd Summit, NJ 07901

Estimated Value: $2,845,000 - $3,251,000

5 Beds
6 Baths
1,925 Sq Ft
$1,583/Sq Ft Est. Value

Last Sold April 14, 2023

Last sale price $2,600,000 $1,351 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $20,220/month

7 Days on Market

About This Home

As of April 2023

This home is located at 6 Montview Rd, Summit, NJ 07901 since 26 January 2023 and is currently estimated at $3,047,694, approximately $1,583 per square foot. This property was built in 2005. 6 Montview Rd is a home located in Union County with nearby schools including L C Johnson Summit Middle School, Summit Sr High School, and Oak Knoll School of the Holy Child.

Last Agent to Sell the Property

SUSAN ADLER

KELLER WILLIAMS REALTY Brokerage Phone: 908-273-2991 Listed on: 01/26/2023

Last Buyer's Agent

MARION WEISS

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $38,311

Year Built

  • Built in 2005

Lot Details

  • 0.33 Acre Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 6 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$38,311

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Year Built: 2005
  • County Name: Union
  • Street Number Display: 6
  • I D: 5200374
  • Modified: 2024-04-15
  • Number Images: 1
  • Attribution Contact: 908-273-2991
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 5.10

Lot Info

  • Lot Size: .328
  • Total Acres: 0.33

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2023
Closed on
Apr 4, 2023
Sold by
Edwards Rolf A and Edwards Barbara A
Bought by
Peterson Derek and Peterson Erica Macin
Seller's Agent
SUSAN ADLER
KELLER WILLIAMS REALTY
Buyer's Agent
MARION WEISS
COLDWELL BANKER REALTY
List Price
$2,395,000
Sold Price
$2,600,000
Premium/Discount to List
$205,000
8.56%
Total Days on Market
7
Views
41
Current Estimated Value
$3,047,694

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$447,694
Avg. Annual Appreciation
7.70%
Original Mortgage
$1,800,000
Outstanding Balance
$1,754,428
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$1,301,625

Purchase Details

Closed on
May 2, 2006
Sold by
Palomar Associates Inc
Bought by
Edwards Rolf A and Edwards Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
6.42%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 29, 2004
Sold by
Casey Patrick
Bought by
Palomar Associates Inc
Source: Public Records

Range of Values:

Collateral Analytics

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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
Peterson Derek $2,600,000 Catic Title
Edwards Rolf A $2,300,000 --
Palomar Associates Inc $715,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peterson Derek $1,800,000
Previous Owner Edwards Rolf A $750,000
Previous Owner Edwards Rolf A $397,000
Previous Owner Edwards Rolf A $417,000
Previous Owner Edwards Rolf A $800,000
Previous Owner Edwards Rolf A $1,000,000
Previous Owner Palomar Associates Inc $1,100,000
Previous Owner Casey Patrick J $51,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2023 04/14/23 Sold $2,600,000 +8.6% $1,351 / Sq Ft
02/02/2023 02/02/23 Pending -- -- --
01/26/2023 01/26/23 For Sale $2,395,000 -- $1,244 / 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 $38,311 $885,400 $328,000 $557,400
2023 $38,311 $885,400 $328,000 $557,400
2022 $38,223 $885,400 $328,000 $557,400
2021 $38,223 $885,400 $328,000 $557,400
2020 $38,603 $885,400 $328,000 $557,400
2019 $38,648 $885,400 $328,000 $557,400
2018 $38,400 $885,400 $328,000 $557,400
2017 $38,648 $885,400 $328,000 $557,400
2016 $38,081 $885,400 $328,000 $557,400
2015 $37,489 $885,400 $328,000 $557,400
2014 $41,852 $1,018,800 $328,000 $690,800
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2023

    SUSAN ADLER

    KELLER WILLIAMS REALTY

  • M

    Buyer's Agent in 2023

    MARION WEISS

    COLDWELL BANKER REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3826058

Garden State MLS

APN: 18-04605-0000-00027

New Jersey Union County Summit 07901

6 Montview Rd, Summit, NJ

This home is located at 6 Montview Rd, Summit, NJ 07901 since 26 January 2023 and is currently estimated at $3,047,694, approximately $1,583 per square foot. This property was built in 2005. 6 Montview Rd is a home located in Union County with nearby schools including L C Johnson Summit Middle School, Summit Sr High School, and Oak Knoll School of the Holy Child.

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