$1,300,000
SOLD JAN 9, 2017

66 Templar Way Summit, NJ 07901

6 Beds
4.5 Baths
3,776 Sq Ft
1.73 Acres

Recently Sold

$344 Per Sq Ft

52% Below List Price

305 Days on Market

Highlights

  • Custom Home
  • 1.73 Acre Lot
  • Living Room with Fireplace
  • L C Johnson Summit Middle School Rated A+
  • Maid or Guest Quarters
  • Wooded Lot

About This Home

As of April 2020

Set on 1.73 acres, with expansive front street coverage, this unique estate is located in one of Summit's Northside Neighborhoods that boasts multi-million dollar new construction & well established homes making it a great opportunity for various investment opportunities! The grand formal entertaining rooms, courtyard entrance, 6 bedrooms, 4 1/2 bathrooms, 3 fireplaces and unique details add to this special home. **As added value, this estate includes a separate deeded lot with wide street frontage.

Last Agent to Sell the Property

ANTOINETTE GEORGE

COLDWELL BANKER REALTY Listed on: 01/04/2016

Co-Listed By

MARLENE VEGTER

WEICHERT REALTORS

Last Buyer's Agent

Michele Zyska

SERHANT NEW JERSEY LLC

SERHANT NEW JERSEY LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $45,012

Year Built

  • Built in 1930

Lot Details

  • 1.73 Acre Lot
  • Irregular Lot
  • Wooded Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Gravel Driveway
  • Additional Parking

Home Design

  • Custom Home
  • Tudor Architecture
  • Brick Exterior Construction
  • Slate Roof
  • Wood Siding

Interior Spaces

  • Beamed Ceilings
  • Entrance Foyer
  • Living Room with Fireplace
  • 3 Fireplaces
  • Breakfast Room
  • Formal Dining Room
  • Recreation Room with Fireplace
  • Storage Room
  • Laundry Room
  • Utility Room
  • Wood Flooring
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Butlers Pantry
  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Cedar Closet
  • Powder Room
  • Maid or Guest Quarters

Outdoor Features

  • Patio
  • Porch

Schools

  • Lincoln-Hubbard Elementary School
  • Summit Middle School
  • Summit High School

Utilities

  • Window Unit Cooling System
  • Radiator
  • Heating System Uses Oil Below Ground
  • Standard Electricity
  • Water Tap or Transfer Fee
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2918-02403-0000-00009-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$45,012

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Style: Tudor, Custom Home
  • Primary Style: Tudor
  • Subproperty Type: Single Family
  • Year Built: 1930
  • Year Built Description: Approximate
  • County Name: Union
  • Street Number Display: 66&68
  • Directions: Essex Road to Robinhood, right on Templar
  • I D: 4588449
  • Modified: 2021-09-23
  • Number Images: 25
  • Section Subdiv Development: Northside
  • First Name: ANTOINETTE
  • First Name2: MARLENE
  • First Name3: MICHELE
  • Last Name: GEORGE
  • Last Name2: VEGTER
  • Last Name3: ZYSKA
  • Office Phone: 212332
  • Office Phone3: 973-310-6816
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Ceramic Tile, Wood
  • Fireplace Description: Bedroom 1, Rec Room, Living Room
  • Number of Fireplaces: 3
  • Appliances: Range/Oven-Electric, Dishwasher
  • Interior Amenities: Cedar Closets, Beam Ceilings
  • Number Rooms: 10
  • Bedrooms: 6
  • Master Bedroom Desc: Fireplace, Full Bath
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Stall Shower And Tub
  • Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Full, Finished-Partially
  • Basement Level Rooms: Storage Room, Laundry Room, Rec Room, Utility Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Kitchen Area: Separate Dining Area, Pantry
  • Kitchen Dim: 16x12
  • Kitchen Level: First
  • Living Room Dim: 24x18
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Dim: 12x8
  • Other Room1 Level: First
  • Other Room 2: Bedroom
  • Other Room2 Dim: 12x8
  • Other Room2 Level: First
  • Other Room 3: Breakfast
  • Other Room3 Dim: 13x6
  • Other Room3 Level: First
  • Other Room 4: Rec Room
  • Other Room4 Dim: 24x18
  • Other Room4 Level: Basement
  • Level 1 Rooms: Bath(s) Other, 2 Bedrooms, Breakfast Room, Kitchen, Maid Quarters, Powder Room, Foyer, Dining Room, Living Room
  • Level 2 Rooms: Bath(s) Other, 4 Or More Bedrooms, Bath Main
  • Phone: 908-277-1200

Exterior Features

  • Exterior Description: Brick, Stucco, Wood
  • Exterior Features: Open Porch(es), Patio, Curbs
  • Roof Description: Slate

Garage/Parking

  • Garage Description: Garage Door Opener, Detached Garage
  • Number Garage Spaces: 2
  • Parking Driveway Description: 1 Car Width, Gravel, Additional Parking

Utilities

  • Cooling: Window A/C(s)
  • Fuel Type: Oil Tank Below Ground
  • Heating: 1 Unit, Radiators - Steam
  • Sewer: Public Sewer, Sewer Charge Extra
  • Utilities: Electric, Gas-Natural
  • Water: Water Charge Extra, Public Water
  • Water Heater: Electric

Schools

  • Elementary School: Lincoln-Hubbard
  • Middle School: Summit MS
  • High School: Summit HS
  • High School: Summit HS
  • Middle Jr High School: Summit MS

Lot Info

  • Lot Size: 219X147 AVG
  • Assessed Improvement Value: 579800
  • Assessed Land Value: 487600
  • Assessment: 1067400
  • Easement: Unknown
  • Lot Description: Irregular Lot, Wooded Lot
  • Lot Identifier: 9 & 8
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 1.73
  • Zoning: Residential

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Assessed Improvement Value: *
  • Streetname Tax: *
  • Tax Amount: 45012
  • Assessor Parcel Number: 2918-02403-0000-00009-0000-
  • Tax Rate Amount: 4.217
  • Tax Rate Tax: *
  • Tax Rate Year: 2015
  • Tax Year Tax: *
  • Tax Year: 2015

MLS Schools

  • Grade School: Lincoln-Hubbard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2020
Closed on
Apr 4, 2020
Sold by
Mountain View Developments Of Nj Llc
Bought by
Larson Matthew and Larson Gina
Seller's Agent
ROSEMARY M DANGLER
PROMINENT PROPERTIES SIR
Buyer's Agent
AMY BURAKOVSKY
KELLER WILLIAMS REALTY
List Price
$1,579,000
Sold Price
$1,630,000
Premium/Discount to List
$51,000
3.23%
Current Estimated Value
$2,605,393

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$975,393
Avg. Annual Appreciation
9.00%
Original Mortgage
$1,304,000
Outstanding Balance
$1,146,277
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$1,459,116

Purchase Details

Closed on
Oct 31, 2017
Sold by
Mountain View Developments Off Nj Llc
Bought by
Mountain View Development Of Nj Llc

Purchase Details

Listed on
Jan 4, 2016
Closed on
Jan 3, 2017
Sold by
Owens James Robert Gabrielson
Bought by
Mountain View Development Of Nj Llc
Seller's Agent
ANTOINETTE GEORGE
COLDWELL BANKER REALTY
Buyer's Agent
Michele Zyska
SERHANT NEW JERSEY LLC
List Price
$2,700,000
Sold Price
$1,300,000
Premium/Discount to List
-$1,400,000
-51.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.30%
Original Mortgage
$2,375,000
Interest Rate
4.16%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 21, 2011
Sold by
Owens James Robert Gabrielson
Bought by
Owens James Robert Gabrielson and Robert S Owens Childrens Trust

Purchase Details

Closed on
Sep 17, 2009
Sold by
Owens Robert S
Bought by
Owens James Robert Gabrielson and Robert S Owens Qualified Personal Reside

Purchase Details

Closed on
May 22, 2009
Sold by
Owens Nancy G
Bought by
Owens James Robert Gabrielson and Nancy G Owens Qualified Personal Residen
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 Type Sale Price Title Company
Deed $1,630,000 Acres Land Title Agency Inc
Interfamily Deed Transfer -- None Available
Deed $1,300,000 Westcor Land Title Ins Co
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,304,000 New Conventional
Previous Owner $2,375,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2020 04/20/20 Sold $1,630,000 +3.2% $432 / Sq Ft
03/06/2020 03/06/20 Pending -- -- --
02/27/2020 02/27/20 For Sale $1,579,000 +21.5% $418 / Sq Ft
01/09/2017 01/09/17 Sold $1,300,000 -51.9% $344 / Sq Ft
11/04/2016 11/04/16 Pending -- -- --
01/04/2016 01/04/16 For Sale $2,700,000 -- $715 / 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 $29,895 $686,300 $253,500 $432,800
2024 $29,696 $686,300 $253,500 $432,800
2023 $29,696 $686,300 $253,500 $432,800
2022 $29,394 $686,300 $253,500 $432,800
2021 $29,628 $686,300 $253,500 $432,800
2020 $15,452 $354,400 $253,500 $100,900
2019 $15,470 $354,400 $253,500 $100,900
2018 $17,105 $394,400 $253,500 $140,900
2017 $0 $892,300 $312,500 $579,800
2016 $38,378 $892,300 $312,500 $579,800
2015 $37,628 $892,300 $312,500 $579,800
2014 $36,656 $892,300 $312,500 $579,800
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2020

    ROSEMARY M DANGLER

    PROMINENT PROPERTIES SIR

  • W

    Seller Co-Listing Agent in 2020

    WINIFRED CAVAZINI

    PROMINENT PROPERTIES SIR

  • A

    Buyer's Agent in 2020

    AMY BURAKOVSKY

    KELLER WILLIAMS REALTY

  • A

    Seller's Agent in 2017

    ANTOINETTE GEORGE

    COLDWELL BANKER REALTY

  • M

    Seller Co-Listing Agent in 2017

    MARLENE VEGTER

    WEICHERT REALTORS

  • M

    Buyer's Agent in 2017

    Michele Zyska

    SERHANT NEW JERSEY LLC

    (908) 656-1650

    22 Total Sales

    Michele Zyska
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3273378

Garden State MLS

APN: 18-02403-0000-00009

New Jersey Union County Summit 07901

66 Templar Way, Summit, NJ

This home is located at 66 Templar Way, Summit, NJ 07901 and is currently priced at $1,300,000, approximately $344 per square foot. This property was built in 1930. 66 Templar Way 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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