NOT LISTED FOR SALE

68 Wade Dr Summit, NJ 07901

Estimated Value: $1,034,000 - $1,572,000

4 Beds
2.5 Baths
2,174 Sq Ft
$594/Sq Ft Est. Value

Last Sold November 03, 2021

Last sale price $900,000 $414 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $7,880/month

11 Days on Market

Highlights

  • Deck
  • Wood Burning Stove
  • Sun or Florida Room
  • L C Johnson Summit Middle School Rated A+
  • Wood Flooring
  • Beamed Ceilings

About This Home

As of November 2021

Beautiful home at the end of a private culdesac! The open floor plan boasts an updated kitchen with a farmhouse sink, soapstone counter tops and a breakfast bar. Wood beamed ceilings, a woodburning stove and gorgeous wood floors complete the living room. Upstairs you will find generous sized bedrooms, including an en-suite Master. The lower level includes a family room that leads out to the sunroom. Conveniently located close to town and the NYC train, this house is not to be missed!

Last Agent to Sell the Property

CYNTHIA KIRCHNER

BHHS - NEW JERSEY PROPERTIES Listed on: 08/25/2021

Last Buyer's Agent

PAVLINA VAKLINOVA

REO PREMIER PROPERTIES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,920

Year Built

  • Built in 1956

Lot Details

  • Cul-De-Sac

Parking

  • 1 Car Attached Garage
  • Additional Parking

Home Design

  • Clapboard
  • Tile

Interior Spaces

  • Beamed Ceilings
  • Skylights
  • Wood Burning Stove
  • Thermal Windows
  • Living Room with Fireplace
  • Family or Dining Combination
  • Sun or Florida Room
  • Storage Room
  • Laundry Room
  • Utility Room
  • Exterior Basement Entry

Kitchen

  • Breakfast Bar
  • Gas Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Powder Room

Outdoor Features

  • Deck
  • Patio
  • Storage Shed

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2918-00509-0000-00005-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,920

Year Built

Built in 1956

Lot Details

0

Parking

1

Listing Details

  • Style: Split Level
  • Primary Style: Split Level
  • Subproperty Type: Single Family
  • Year Built: 1956
  • Year Built Description: Approximate
  • County Name: Union
  • Directions: Woodland to Hartley to Wade
  • I D: 5098892
  • First Name: CYNTHIA
  • First Name3: PAVLINA
  • Last Name: KIRCHNER
  • Last Name3: VAKLINOVA
  • Office Phone: 908-580-5000
  • Office Phone3: 258110
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Living Room, Wood Stove-Freestanding
  • Number of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Range/Oven-Gas, Refrigerator
  • Interior Amenities: Beam Ceilings, Skylight
  • Bedrooms: 4
  • Master Bedroom Desc: Full Bath
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Third
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Dining Room Level: First
  • Dining Area: Living/Dining Combo
  • Family Room Level: Ground
  • Kitchen Area: Breakfast Bar
  • Kitchen Dim: 14x11
  • Kitchen Level: First
  • Living Room Dim: 21x15
  • Living Room Level: First
  • Other Room 1: Sunroom
  • Other Room1 Dim: 18x10
  • Other Room1 Level: Ground
  • Level 1 Rooms: Dining Room, Kitchen, Living Room
  • Level 2 Rooms: 3 Bedrooms, Bath Main, Bath(s) Other
  • Level 3 Rooms: 1 Bedroom
  • Ground Level Rooms: Family Room, Laundry Room, Outside Entrance, Powder Room, Storage Room, Sunroom, Utility Room
  • Phone: 908-580-5000

Exterior Features

  • Exterior Description: Clapboard
  • Exterior Features: Deck, Patio, Storage Shed, Thermal Windows/Doors
  • Roof Description: Asphalt Shingle

Garage/Parking

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

Utilities

  • Cooling: 1 Unit, Central Air, Wall A/C Unit(s)
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Gas In Street
  • Water: Public Water
  • Water Heater: Gas

Lot Info

  • Lot Size: 49X120
  • Easement: Unknown
  • Lot Description: Cul-De-Sac
  • Lot I D Tax: *
  • Lot Size Tax: *

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 11920
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2918-00509-0000-00005-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 4.360
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2021
Closed on
Oct 20, 2021
Sold by
Nakachi Masaru and Nakachi Lauren
Bought by
Todorov Aleksandar Nikolaev and Todorov Ivelina
Seller's Agent
CYNTHIA KIRCHNER
BHHS - NEW JERSEY PROPERTIES
Buyer's Agent
PAVLINA VAKLINOVA
REO PREMIER PROPERTIES
List Price
$895,000
Sold Price
$900,000
Premium/Discount to List
$5,000
0.56%
Current Estimated Value
$1,290,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$390,513
Avg. Annual Appreciation
9.05%
Original Mortgage
$720,000
Outstanding Balance
$657,333
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$633,180

Purchase Details

Listed on
May 29, 2012
Closed on
May 24, 2012
Sold by
Sinclair Paul and Sinclair Nicole
Bought by
Nakachi Masaru
Seller's Agent
NEIL STEIGER
KELLER WILLIAMS REALTY
Sold Price
$710,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.54%
Original Mortgage
$532,500
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2006
Sold by
Sullivan James P
Bought by
Sinclair Paul and Sinclair Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$552,000
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 18, 1998
Sold by
Brandstatter William
Bought by
Sullivan James P and Sullivan Caroline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
6.9%
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
Todorov Aleksandar Nikolaev $900,000 Northern Nj Ttl Svcs Llc
Nikolaev Todorov Aleksandar $900,000 Surety Title
Nakachi Masaru $710,000 Stewart Title Guaranty Compa
Sinclair Paul $690,000 --
Sullivan James P $280,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nikolaev Todorov Aleksandar $720,000
Closed Nikolaev Todorov Aleksandar $720,000
Previous Owner Nakachi Masaru $532,500
Previous Owner Sinclair Paul $552,000
Previous Owner Sullivan James P $252,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/03/2021 11/03/21 Sold $900,000 +0.6% $414 / Sq Ft
09/05/2021 09/05/21 Pending -- -- --
08/25/2021 08/25/21 For Sale $895,000 +26.1% $412 / Sq Ft
05/29/2012 05/29/12 Sold $710,000 -- $327 / Sq Ft 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 $13,652 $313,400 $144,500 $168,900
2024 $13,561 $313,400 $144,500 $168,900
2023 $13,561 $313,400 $144,500 $168,900
2022 $13,423 $313,400 $144,500 $168,900
2021 $11,803 $273,400 $144,500 $128,900
2020 $11,920 $273,400 $144,500 $128,900
2019 $11,934 $273,400 $144,500 $128,900
2018 $11,857 $273,400 $144,500 $128,900
2017 $11,934 $273,400 $144,500 $128,900
2016 $11,759 $273,400 $144,500 $128,900
2015 $11,529 $273,400 $144,500 $128,900
2014 $11,231 $273,400 $144,500 $128,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3736785

Garden State MLS

APN: 18-00509-0000-00005