NOT LISTED FOR SALE

60 Park Ave Summit, NJ 07901

Estimated Value: $763,000 - $1,128,000

3 Beds
3.5 Baths
1,548 Sq Ft
$643/Sq Ft Est. Value

Last Sold November 06, 2020

Last sale price $685,000 $443 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $6,381/month

63 Days on Market

Highlights

  • Colonial Architecture
  • Recreation Room
  • Great Room with Fireplace
  • L C Johnson Summit Middle School Rated A+
  • Wood Flooring
  • Home Office

About This Home

As of November 2020

Bright and airy, with an abundance of windows, this newer construction three-bedroom, three-and-a-half bath Colonial features an open floor plan and glowing hardwood floors throughout. An expansive sun-filed Great Room with wood burning fireplace is sure to be "the" gathering spot. The adjacent Kitchen is a timeless combination of white cabinets and black appliances. Sliding doors lead to the flat yard and paved Patio, perfect for outdoor entertaining. Upstairs the Master Bedroom is one of 3 Bedrooms and 2 Baths while downstairs the finished Lower Level features a generous Rec Room, Full Bath and ample flex space for a home Office, Craft Room or Exercise Studio. Interior features include an ADT home security system, Verizon Fios Gigabit internet connection and a dual zone heating, air conditioning system

Last Agent to Sell the Property

Suzanne Lear

PROMINENT PROPERTIES SIR Listed on: 07/10/2020

Co-Listed By

JILL BRAY

PROMINENT PROPERTIES SIR

Last Buyer's Agent

Victoria Carter

WEICHERT REALTORS

WEICHERT REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,291

Year Built

  • Built in 2003

Lot Details

  • 5,663 Sq Ft Lot
  • Level Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Colonial Architecture
  • Vinyl Siding
  • Tile

Interior Spaces

  • Wood Burning Fireplace
  • Great Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Home Gym
  • Finished Basement
  • Sump Pump

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Patio

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Two Cooling Systems Mounted To A Wall/Window
  • Multiple Heating Units

Listing and Financial Details

  • Assessor Parcel Number 2918-04005-0000-00006-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,291

Year Built

Built in 2003

Lot Details

0

Parking

1

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 2003
  • Year Built Description: Approximate
  • County Name: Union
  • Exclusions: Dining Room and Kitchen chandeliers
  • Directions: Broad St or Springfield Ave to Park
  • I D: 4996960
  • First Name: SUZANNE
  • First Name2: JILL
  • First Name3: VICTORIA
  • Last Name: LEAR
  • Last Name2: BRAY
  • Last Name3: CARTER
  • Office Phone: 908-868-5245
  • Office Phone2: 908-376-2725
  • Office Phone3: 973-376-6748
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Great Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Central Vacuum, Dryer, Refrigerator, Sump Pump, Washer
  • Bedrooms: 3
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Primary Bathroom Features: Soaking Tub, Stall Shower
  • Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished
  • Basement Level Rooms: Bath(s) Other, Exercise Room, Office, Rec Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Kitchen Area: Separate Dining Area
  • Kitchen Dim: 11x10
  • Kitchen Level: First
  • Other Room 1: Great Room
  • Other Room1 Dim: 18x17
  • Other Room1 Level: First
  • Other Room 2: Rec Room
  • Other Room2 Dim: 17x16
  • Other Room2 Level: Basement
  • Other Room 3: Office
  • Other Room3 Dim: 13x10
  • Other Room3 Level: Basement
  • Other Room 4: Office
  • Other Room4 Dim: 11x6
  • Other Room4 Level: Basement
  • Level 1 Rooms: Dining Room, Great Room, Kitchen, Laundry Room, Powder Room
  • Level 2 Rooms: 3 Bedrooms, Bath Main, Bath(s) Other
  • Phone: 908-273-8808

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Patio
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 1
  • Parking Driveway Description: 2 Car Width

Utilities

  • Cooling: 2 Units, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 2 Units, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water

Schools

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

Lot Info

  • Lot Size: 0.133
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.13

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 12291
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2918-04005-0000-00006-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 4.365
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: Brayton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2020
Closed on
Nov 6, 2020
Sold by
Nathoo Fayez and Nathoo Margaret E
Bought by
Kaul Kuber and Rao Nandita
Seller's Agent
Suzanne Lear
PROMINENT PROPERTIES SIR
Buyer's Agent
Victoria Carter
WEICHERT REALTORS
List Price
$740,000
Sold Price
$685,000
Premium/Discount to List
-$55,000
-7.43%
Current Estimated Value
$1,022,752

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$337,752
Avg. Annual Appreciation
7.54%
Original Mortgage
$548,000
Outstanding Balance
$487,642
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$507,437

Purchase Details

Listed on
Mar 16, 2017
Closed on
May 30, 2017
Sold by
Chokroverty Sudhansu and Chokroverty Manisha
Bought by
Nathoo Fayez and Nathoo Margaret E
Seller's Agent
DEBRA CLARK
COLDWELL BANKER REALTY
Buyer's Agent
JOANNE LIVINGSTONE
BHHS - NEW JERSEY PROPERTIES
List Price
$615,000
Sold Price
$620,000
Premium/Discount to List
$5,000
0.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.94%
Original Mortgage
$589,000
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2003
Sold by
Beaconville Builders Llc
Bought by
Chokroverty Sudhansu and Chokroverty Manisha

Purchase Details

Closed on
May 16, 2001
Sold by
Phinney Llewelyn
Bought by
Beaconville Builders Llc

Purchase Details

Closed on
Mar 28, 1995
Sold by
Natale Helen E and Desimone Helen
Bought by
Phinney Llewellyn R
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
Kaul Kuber $685,000 Acres Land Title Agency Llc
Nathoo Fayez $820,000 None Available
Chokroverty Sudhansu $440,250 --
Beaconville Builders Llc $132,500 --
Phinney Llewellyn R $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kaul Kuber $548,000
Previous Owner Nathoo Fayez $589,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/06/2020 11/06/20 Sold $685,000 -2.1% $443 / Sq Ft
09/11/2020 09/11/20 Pending -- -- --
08/19/2020 08/19/20 Price Changed $699,900 -5.4% $452 / Sq Ft
07/10/2020 07/10/20 For Sale $740,000 +19.4% $478 / Sq Ft
06/01/2017 06/01/17 Sold $620,000 +0.8% $401 / Sq Ft View Prior Sale
03/24/2017 03/24/17 Pending -- -- --
03/16/2017 03/16/17 For Sale $615,000 -- $397 / 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 $12,267 $281,600 $73,500 $208,100
2024 $12,185 $281,600 $73,500 $208,100
2023 $12,185 $281,600 $73,500 $208,100
2022 $12,061 $281,600 $73,500 $208,100
2021 $12,157 $281,600 $73,500 $208,100
2020 $12,278 $281,600 $73,500 $208,100
2019 $12,292 $281,600 $73,500 $208,100
2018 $12,213 $281,600 $73,500 $208,100
2017 $12,292 $281,600 $73,500 $208,100
2016 $12,112 $281,600 $73,500 $208,100
2015 $11,875 $281,600 $73,500 $208,100
2014 $11,568 $281,600 $73,500 $208,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3647312

Garden State MLS

APN: 18-04005-0000-00006