NOT LISTED FOR SALE

7 Oak Forest Ln Summit, NJ 07901

Estimated Value: $1,626,000 - $2,029,000

5 Beds
4 Baths
2,494 Sq Ft
$735/Sq Ft Est. Value

Last Sold June 27, 2012

Last sale price $1,250,000 $501 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $11,644/month

About This Home

As of June 2012

This home is located at 7 Oak Forest Ln, Summit, NJ 07901 since 27 June 2012 and is currently estimated at $1,832,493, approximately $734 per square foot. This property was built in 1959. 7 Oak Forest Ln 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

EILEEN SERGENT

COLDWELL BANKER REALTY Brokerage Phone: 908-522-1800 Listed on: 06/27/2012

Last Buyer's Agent

DIANE TERRY

KELLER WILLIAMS REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,922

Year Built

  • Built in 1959

Lot Details

  • 10,019 Sq Ft Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,922

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Year Built: 1959
  • County Name: Union
  • Street Number Display: 7
  • I D: 4224638
  • Modified: 2025-07-22
  • Number Images: 1
  • Attribution Contact: 908-522-1800
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 3.10

Lot Info

  • Lot Size: 79X128
  • Total Acres: 0.23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2012
Closed on
Jun 22, 2012
Sold by
Feuer Ian N
Bought by
Weiss Barry D and Weiss Valerie A
Seller's Agent
EILEEN SERGENT
COLDWELL BANKER REALTY
Buyer's Agent
DIANE TERRY
KELLER WILLIAMS REALTY
Sold Price
$1,250,000
Current Estimated Value
$1,832,493

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$582,493
Avg. Annual Appreciation
3.20%

Purchase Details

Closed on
Jun 21, 2004
Sold by
Strauss Martin
Bought by
Feuer Ian and Feuer Kathryn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
6.32%

Purchase Details

Closed on
Mar 12, 1999
Sold by
Pardi Ernest P and Pardi Nina
Bought by
Strauss Martin J and Gilbert Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
6.74%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Weiss Barry D $1,250,000 --
Feuer Ian $900,000 --
Strauss Martin J $415,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weiss Barry D $636,000
Closed Weiss Barry D $654,500
Previous Owner Faeuer Kathryn J $250,000
Previous Owner Feuer Ian $720,000
Previous Owner Strauss Martin J $72,000
Previous Owner Strauss Martin J $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2012 06/27/12 Sold $1,250,000 -- $501 / 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
2024 $19,922 $460,400 $189,800 $270,600
2023 $19,922 $460,400 $189,800 $270,600
2022 $19,719 $460,400 $189,800 $270,600
2021 $19,875 $460,400 $189,800 $270,600
2020 $20,073 $460,400 $189,800 $270,600
2019 $20,096 $460,400 $189,800 $270,600
2018 $19,968 $460,400 $189,800 $270,600
2017 $20,096 $460,400 $189,800 $270,600
2016 $19,802 $460,400 $189,800 $270,600
2015 $19,415 $460,400 $189,800 $270,600
2014 $18,913 $460,400 $189,800 $270,600
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2012

    EILEEN SERGENT

    COLDWELL BANKER REALTY

  • D

    Buyer's Agent in 2012

    DIANE TERRY

    KELLER WILLIAMS REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 2932825

Garden State MLS

APN: 18-01405-0000-00024

New Jersey Union County Summit 07901

7 Oak Forest Ln, Summit, NJ

This home is located at 7 Oak Forest Ln, Summit, NJ 07901 since 27 June 2012 and is currently estimated at $1,832,493, approximately $734 per square foot. This property was built in 1959. 7 Oak Forest Ln 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.

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