NOT LISTED FOR SALE

69 Edgewood Rd Summit, NJ 07901

Estimated Value: $3,148,009 - $4,090,000

6 Beds
5 Baths
7,776 Sq Ft
$477/Sq Ft Est. Value

Last Sold June 08, 2022

Last sale price $2,700,000 $347 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $21,979/month

37 Days on Market

Highlights

  • Skyline View
  • 1.71 Acre Lot
  • Marble Flooring
  • L C Johnson Summit Middle School Rated A+
  • Recreation Room
  • Tudor Architecture

About This Home

As of June 2022

ENDLESS NYC VIEWS from this magnificent, bespoke STUNNER in the heart of North Side Summit. Perched majestically on just under 2 acres, this is a once-in-a-lifetime opportunity to own this completely MOVE-IN READY home. Vintage Tudor hallmarks (leaded glass windows, Tudor arches) meld seamlessly with top-notch renovations by Orchard Hills Construction and Brinton Brosius. Glorious property with breathtaking sunrise/sunset and NYC views with plenty of room for a pool. Grand Entry Foyer. Chic, designer Living Room with original fireplace, original leaded glass windows, and French doors flowing out to a Bluestone Patio. Serene Family and Dining Rooms with unparalleled NYC views. Gourmet Chef's Kitchen with crisp white custom cabinetry, marble countertops, top-of-the-line appliances, and dreamy Breakfast Room. Butler's Pantry and convenient side entrance mudroom. Luxurious Primary Bedroom Suite with a Walk-In Closet reminiscent of a boutique, and spa-like marble bath rivaling a Four Seasons Resort! Three other beautiful bedrooms on Second Level with chic hall bath. Spacious Third Level with 2 Bedrooms, Walk-In Cedar Closet, storage, and dazzling Full Bath. 2 Laundry Rooms. Spacious Walk-Out Lower Level with Recreation Room, fabulous Half Bath, Laundry, 2 Car Garage, and tons of storage. Amazing home, ripe for the buyer seeking one of Summit's most prestigious homes just minutes from downtown Summit, Short Hills Mall, Blue Ribbon Schools, and Midtown Direct train.

Last Agent to Sell the Property

SUSAN ADLER

KELLER WILLIAMS REALTY Listed on: 04/13/2022

Last Buyer's Agent

Kim Cannon

PROMINENT PROPERTIES SIR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,812

Year Built

  • Built in 1929 | Remodeled

Lot Details

  • 1.71 Acre Lot
  • Open Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Tuck Under Garage
  • Additional Parking

Home Design

  • Tudor Architecture
  • Brick Exterior Construction
  • Slate Roof
  • Tile

Interior Spaces

  • 7,776 Sq Ft Home
  • Gas Fireplace
  • Mud Room
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Recreation Room
  • Storage Room
  • Utility Room
  • Skyline Views
  • Finished Basement
  • Walk-Out Basement
  • Attic

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Cedar Closet
  • Walk-In Closet
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Schools

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

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2918-03401-0000-00049-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,812

Year Built

Built in 1929 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Style: Tudor
  • Primary Style: Tudor
  • Subproperty Type: Single Family
  • Year Built: 1929
  • Year Built Description: Renovated
  • County Name: Union
  • Exclusions: See Addendum attached to Sellers Disclosure
  • Directions: Springfield Ave to Edgewood Road
  • I D: 5142929
  • Section Subdiv Development: Northside
  • First Name: SUSAN
  • First Name3: KIM
  • Last Name: ADLER
  • Last Name3: CANNON
  • Attribution Contact: null
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2017

Interior Features

  • Flooring: Marble, Tile, Wood
  • Fireplace Description: Gas Fireplace, Living Room
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, CookGas, Dishwasher, Disposal, Dryer, Microwave Oven, Refrigerator, OvnWElec, Washer
  • Interior Amenities: Carbon Monoxide Detector, Cedar Closets, Fire Extinguisher, Security System, Smoke Detector, StallShw, TubShowr, Walk-In Closet
  • Bedrooms: 6
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Bathrooms: 3.20
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Description: Finished, Walkout
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Separate Dining Area
  • Kitchen Dim: 14x13
  • Kitchen Level: First
  • Living Room Dim: 17x28
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Dim: 25x17
  • Other Room1 Level: Third
  • Other Room 2: Bedroom
  • Other Room2 Dim: 17x11
  • Other Room2 Level: Third
  • Other Room 3: Rec Room
  • Other Room3 Dim: 22x32
  • Other Room3 Level: Ground
  • Other Room 4: Breakfast
  • Other Room4 Dim: 16x10
  • Other Room4 Level: First
  • Level 1 Rooms: Breakfast Room, Dining Room, Family Room, Foyer, Kitchen, Living Room, MudRoom, Powder Room
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other, Laundry Room
  • Level 3 Rooms: 2 Bedrooms, Attic, Bath(s) Other, Storage Room
  • Estimated Sq Ft: 7776
  • Ground Level Rooms: GarEnter, Laundry Room, Powder Room, Rec Room, Utility Room, Walkout

Exterior Features

  • Exterior Description: Brick
  • Exterior Features: Patio, Underground Lawn Sprinkler
  • Roof Description: Slate

Garage/Parking

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

Utilities

  • Cooling: Central Air, Multi-Zone Cooling
  • Fuel Type: Gas-Natural
  • Heating: Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

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

Lot Info

  • Lot Size: 1.713AC
  • Easement: Unknown
  • Lot Description: Open Lot, Skyline View
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 1.71

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 30812
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2918-03401-0000-00049-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 4.317
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2021

MLS Schools

  • Grade School: Lincoln-Hubbard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2022
Closed on
Jun 6, 2022
Sold by
Falls Iii Ralph L and Grace Abigail
Bought by
Choi Richard Albert and Choi Lucy Taylor
Seller's Agent
SUSAN ADLER
KELLER WILLIAMS REALTY
Buyer's Agent
Kim Cannon
PROMINENT PROPERTIES SIR
List Price
$2,895,000
Sold Price
$2,700,000
Premium/Discount to List
-$195,000
-6.74%
Current Estimated Value
$3,705,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,005,336
Avg. Annual Appreciation
9.33%
Original Mortgage
$2,160,000
Outstanding Balance
$1,996,259
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$1,709,077

Purchase Details

Listed on
Aug 7, 2013
Closed on
Aug 7, 2013
Sold by
Sitarz Anneliese Lotte
Bought by
Falls Ralph L
Seller's Agent
CAROLANN CLYNES
CHRISTIE'S INT. REAL ESTATE GROUP
Buyer's Agent
CYNTHIA BAKER
LOIS SCHNEIDER REALTOR
Sold Price
$1,350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.16%
Original Mortgage
$945,000
Interest Rate
4.45%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Choi Richard Albert $2,700,000 Weisfelner Benjamin S
Falls Ralph L $1,350,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Choi Richard Albert $2,160,000
Previous Owner Falls Ralph L $945,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/08/2022 06/08/22 Sold $2,700,000 -6.7% $347 / Sq Ft
05/20/2022 05/20/22 Pending -- -- --
04/13/2022 04/13/22 For Sale $2,895,000 +114.4% $372 / Sq Ft
08/07/2013 08/07/13 Sold $1,350,000 -- -- 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 $30,784 $706,700 $693,900 $12,800
2024 $30,579 $706,700 $693,900 $12,800
2023 $30,579 $706,700 $693,900 $12,800
2022 $30,268 $706,700 $693,900 $12,800
2021 $30,508 $706,700 $693,900 $12,800
2020 $30,812 $706,700 $693,900 $12,800
2019 $30,847 $706,700 $693,900 $12,800
2018 $30,702 $707,900 $693,900 $14,000
2017 $30,900 $707,900 $693,900 $14,000
2016 $30,447 $707,900 $693,900 $14,000
2015 $29,852 $707,900 $693,900 $14,000
2014 $29,081 $707,900 $693,900 $14,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3775205

Garden State MLS

APN: 18-03401-0000-00049