NOT LISTED FOR SALE

7 Oxbow Ln Summit, NJ 07901

Estimated Value: $2,183,000 - $2,964,000

5 Beds
5 Baths
4,082 Sq Ft
$666/Sq Ft Est. Value

Last Sold August 23, 2022

Last sale price $2,050,000 $502 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $17,036/month

5 Days on Market

About This Home

As of August 2022

This home is located at 7 Oxbow Ln, Summit, NJ 07901 since 22 June 2022 and is currently estimated at $2,719,738, approximately $666 per square foot. 7 Oxbow Ln 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.

Last Agent to Sell the Property

JILL BRAY

PROMINENT PROPERTIES SIR Brokerage Phone: 908-273-8808 Listed on: 06/22/2022

Last Buyer's Agent

Susan Oldendorp

COMPASS NEW JERSEY, LLC

COMPASS NEW JERSEY, LLC

Home Details

Home Type

  • Single Family

Lot Details

  • 0.39

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • County Name: Union
  • I D: 5158426
  • Attribution Contact: 908-273-8808
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 5.00

Lot Info

  • Lot Size: 121X140

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 31, 2002
Sold by
Mbd Properties Llp
Bought by
Colandrea Douglas and Colandrea Linda
Current Estimated Value
$2,719,738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,240,000
Outstanding Balance
$523,928
Interest Rate
6.8%
Estimated Equity
$2,195,810

Purchase Details

Closed on
Oct 1, 2001
Sold by
Knoppers Antonie T and Knoppers Maria J
Bought by
Mbd Properties Llp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6.89%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Colandrea Douglas $1,550,000 --
Mbd Properties Llp $725,000 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Colandrea Douglas $1,240,000
Previous Owner Mbd Properties Llp $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2022 08/23/22 Sold $2,050,000 0.0% $502 / Sq Ft
06/29/2022 06/29/22 Pending -- -- --
06/23/2022 06/23/22 For Sale $2,050,000 -- $502 / 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 $33,933 $779,000 $311,200 $467,800
2024 $43,530 $779,000 $311,200 $467,800
2023 $43,530 $1,006,000 $311,200 $694,800
2022 $43,087 $1,006,000 $311,200 $694,800
2021 $43,429 $1,006,000 $311,200 $694,800
2020 $43,862 $1,006,000 $311,200 $694,800
2019 $43,912 $1,006,000 $311,200 $694,800
2018 $43,630 $1,006,000 $311,200 $694,800
2017 $43,912 $1,006,000 $311,200 $694,800
2016 $43,268 $1,006,000 $311,200 $694,800
2015 $42,423 $1,006,000 $311,200 $694,800
2014 $41,326 $1,006,000 $311,200 $694,800
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    JILL BRAY

    PROMINENT PROPERTIES SIR

  • Susan Oldendorp

    Buyer's Agent in 2022

    Susan Oldendorp

    COMPASS NEW JERSEY, LLC

    (201) 400-8714

    49 in this area

    517 Total Sales

    Susan Oldendorp
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Map

Source: Garden State MLS

MLS Number: 3790996

Garden State MLS

APN: 18-02201-0000-00007

New Jersey Union County Summit 07901

7 Oxbow Ln, Summit, NJ

Not Listed for Sale

Detached

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