NOT LISTED FOR SALE

61 Gloucester Rd Summit, NJ 07901

Estimated Value: $1,785,000 - $2,233,000

4 Beds
4 Baths
-- Sq Ft
0.48 Acres

Last Sold June 30, 2023

Last sale price $1,812,500

Est. 9% increase in value since last sale

Current estimated payment $12,173/month

6 Days on Market

About This Home

As of June 2023

This home is located at 61 Gloucester Rd, Summit, NJ 07901 since 02 May 2023 and is currently estimated at $1,968,177. This property was built in 1967. 61 Gloucester 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

GINA MICHAL

PROMINENT PROPERTIES SIR Brokerage Phone: 908-273-8808 Listed on: 05/02/2023

Co-Listed By

Suzanne Lear

PROMINENT PROPERTIES SIR Brokerage Phone: 908-273-8808

Last Buyer's Agent

SUSAN ADLER

KELLER WILLIAMS REALTY

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1967

Lot Details

  • 0.48

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Year Built: 1967
  • County Name: Union
  • I D: 5217730
  • Attribution Contact: 908-273-8808
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 3.10

Lot Info

  • Lot Size: .478AC

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2023
Closed on
Jun 19, 2023
Sold by
Nomellini Devin S and Nomellini Keryn P
Bought by
Henry Swortnstedt and Meredith Gaylord Meredith
Seller's Agent
GINA MICHAL
PROMINENT PROPERTIES SIR
Buyer's Agent
SUSAN ADLER
KELLER WILLIAMS REALTY
List Price
$1,595,000
Sold Price
$1,812,500
Premium/Discount to List
$217,500
13.64%
Views
11
Current Estimated Value
$1,968,177

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,677
Avg. Annual Appreciation
3.31%
Original Mortgage
$1,450,000
Outstanding Balance
$1,412,484
Interest Rate
6.57%
Mortgage Type
New Conventional
Estimated Equity
$555,693

Purchase Details

Listed on
Apr 5, 2013
Closed on
Mar 27, 2013
Sold by
Cooper Bruce D and Cooper Bonnie K
Bought by
Nomellini Devin S and Nomellini Keryn P
Buyer's Agent
Rosaleen Light-newby
WEICHERT REALTORS
Sold Price
$1,068,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.29%
Original Mortgage
$855,000
Interest Rate
3.39%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 18, 1998
Sold by
Powell Mark B and Powell Susan M
Bought by
Cooper Bruce D and Cooper Bonnie K

Purchase Details

Closed on
Sep 25, 1997
Sold by
Brush David M and Brush Karen L
Bought by
Powell Mark B and Powell Susan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,750
Interest Rate
6.62%

Purchase Details

Closed on
Jul 21, 1994
Sold by
Vonetzdorf James K and Vonetzdorf Karen E
Bought by
Brush David M and Brush Karen L
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 Buyer Sale Price Title Company
Henry Swortnstedt $1,812,500 Acres Land Title
Nomellini Devin S $1,068,750 None Available
Cooper Bruce D $656,000 --
Powell Mark B $625,000 --
Brush David M $535,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Henry Swortnstedt $1,450,000
Previous Owner Nomellini Devin S $855,000
Previous Owner Powell Mark B $468,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/30/2023 06/30/23 Sold $1,812,500 +13.6% --
05/11/2023 05/11/23 Pending -- -- --
05/04/2023 05/04/23 For Sale $1,595,000 +49.2% --
04/05/2013 04/05/13 Sold $1,068,750 -- -- View Prior Sale
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 $22,695 $521,000 $278,200 $242,800
2024 $22,544 $521,000 $278,200 $242,800
2023 $22,544 $521,000 $278,200 $242,800
2022 $22,314 $521,000 $278,200 $242,800
2021 $22,492 $521,000 $278,200 $242,800
2020 $22,716 $521,000 $278,200 $242,800
2019 $22,742 $521,000 $278,200 $242,800
2018 $22,596 $521,000 $278,200 $242,800
2017 $22,742 $521,000 $278,200 $242,800
2016 $21,901 $509,200 $278,200 $231,000
2015 $21,473 $509,200 $278,200 $231,000
2014 $20,918 $509,200 $278,200 $231,000
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2023

    GINA MICHAL

    PROMINENT PROPERTIES SIR

  • S

    Seller Co-Listing Agent in 2023

    Suzanne Lear

    PROMINENT PROPERTIES SIR

    (908) 376-2720

    58 in this area

    114 Total Sales

    Suzanne Lear
    Section Image

  • S

    Buyer's Agent in 2023

    SUSAN ADLER

    KELLER WILLIAMS REALTY

  • Rosaleen Light-newby

    Buyer's Agent in 2013

    Rosaleen Light-newby

    WEICHERT REALTORS

    (908) 510-0861

    9 in this area

    26 Total Sales

    Rosaleen Light-newby
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3841281

Garden State MLS

APN: 18-05201-0000-00027

New Jersey Union County Summit 07901

61 Gloucester Rd, Summit, NJ

Not Listed for Sale

Detached

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