NOT LISTED FOR SALE

60 Blackburn Rd Summit, NJ 07901

Estimated Value: $2,827,000 - $3,102,000

5 Beds
4 Baths
3,098 Sq Ft
$960/Sq Ft Est. Value

Last Sold November 19, 2024

Last sale price $2,800,000 $904 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $18,142/month

8 Days on Market

About This Home

As of November 2024

This home is located at 60 Blackburn Rd, Summit, NJ 07901 since 18 September 2024 and is currently estimated at $2,974,143, approximately $960 per square foot. This property was built in 1937. 60 Blackburn 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

Kim Cannon

PROMINENT PROPERTIES SIR Brokerage Phone: 908-273-8808 Listed on: 09/18/2024

Last Buyer's Agent

Saritte Harel

KELLER WILLIAMS REALTY

KELLER WILLIAMS REALTY

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1937

Lot Details

  • 0.81 Acre Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Year Built: 1937
  • County Name: Union
  • I D: 5301011
  • Attribution Contact: 908-273-8808
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 3.30

Lot Info

  • Lot Size: .811
  • Total Acres: 0.81

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2024
Closed on
Oct 31, 2024
Sold by
Ritter Edward H and Healy Serena
Bought by
Sherman Nathan Jacob and Sherman Katherine Olivia
Seller's Agent
Kim Cannon
PROMINENT PROPERTIES SIR
Buyer's Agent
Saritte Harel
KELLER WILLIAMS REALTY
List Price
$2,595,000
Sold Price
$2,800,000
Premium/Discount to List
$205,000
7.9%
Views
27
Current Estimated Value
$2,974,143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,143
Avg. Annual Appreciation
5.53%
Original Mortgage
$1,300,000
Outstanding Balance
$1,287,538
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$1,686,605

Purchase Details

Closed on
Jun 4, 2002
Sold by
Lewis John L and Lewis Mary W
Bought by
Ritter Edward H and Healy Serena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$962,000
Interest Rate
6.28%
Mortgage Type
Stand Alone First
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
Sherman Nathan Jacob $2,800,000 Acres Land Title
Sherman Nathan Jacob $2,800,000 Acres Land Title
Ritter Edward H $1,480,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sherman Nathan Jacob $1,300,000
Previous Owner Ritter Edward H $962,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2024 11/19/24 Sold $2,800,000 +7.9% $904 / Sq Ft
09/26/2024 09/26/24 Pending -- -- --
09/18/2024 09/18/24 For Sale $2,595,000 -- $838 / 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
2025 $31,272 $717,900 $322,200 $395,700
2024 $31,064 $717,900 $322,200 $395,700
2023 $31,064 $717,900 $322,200 $395,700
2022 $30,748 $717,900 $322,200 $395,700
2021 $30,992 $717,900 $322,200 $395,700
2020 $32,408 $743,300 $322,200 $421,100
2019 $32,445 $743,300 $322,200 $421,100
2018 $32,237 $743,300 $322,200 $421,100
2017 $30,206 $692,000 $322,200 $369,800
2016 $29,763 $692,000 $322,200 $369,800
2015 $29,182 $692,000 $322,200 $369,800
2014 $28,427 $692,000 $322,200 $369,800
Source: Public Records

Agents Affiliated with this Home

  • Kim Cannon

    Seller's Agent in 2024

    Kim Cannon

    PROMINENT PROPERTIES SIR

    (609) 947-4493

    97 in this area

    152 Total Sales

    Kim Cannon
    Section Image
  • Saritte Harel

    Buyer's Agent in 2024

    Saritte Harel

    KELLER WILLIAMS REALTY

    (973) 713-9464

    31 in this area

    345 Total Sales

    Saritte Harel
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3924637

Garden State MLS

APN: 18-03103-0000-00033

New Jersey Union County Summit 07901

60 Blackburn Rd, Summit, NJ

Not Listed for Sale

Detached

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