NOT LISTED FOR SALE

70 Pine Grove Ave Summit, NJ 07901

Estimated Value: $886,000 - $1,579,000

3 Beds
2.5 Baths
2,625 Sq Ft
$516/Sq Ft Est. Value

Last Sold February 24, 2023

Last sale price $931,000 $355 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $8,885/month

140 Days on Market

Highlights

  • Colonial Architecture
  • Living Room with Fireplace
  • Sun or Florida Room
  • L C Johnson Summit Middle School Rated A+
  • Attic
  • Mud Room

About This Home

As of February 2023

NEW REDUCTION!! Charming Colonial well located in sought after Summit. Close to Franklin Elementary School, vibrant downtown area with restaurants/bars, shopping, coffee shops and Midtown Direct train to NY Penn. Situated on .25 acre lot on one of Summit's most coveted streets. Features 2 fireplaces in LR and Den, first floor powder room, sunporch, updated kitchen and master bath, finished attic with additional rooms and partially finished basement. Patio off kitchen leads into backyard. Mud room off side entrance flows into cozy breakfast room and kitchen. ** Employees or directors of JPMorgan Chase & Co. and its direct and indirect subsidiaries are strictly prohibited from directly or indirectly purchasing any property owned or serviced by or on behalf of JPMorgan Chase & Co. or its direct and indirect subsidiaries. ** All offers must be submitted using the online offer management system. Access the system via the link attached. A technology fee will apply to the buyer's broker upon consummation of a sale. Chase Buyer's Cert. form is attached in Media. Buyer fully executed form must accompany all offers.

Last Agent to Sell the Property

Bill Flagg

ERA QUEEN CITY REALTY Brokerage Phone: 908-603-8040 Listed on: 09/22/2022

Last Buyer's Agent

Bill Flagg

ERA QUEEN CITY REALTY Brokerage Phone: 908-603-8040 Listed on: 09/22/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,977

Year Built

  • Built in 1880

Lot Details

  • 0.25

Parking

  • 1 Car Attached Garage

Home Design

  • Colonial Architecture
  • Wood Shingle Roof

Interior Spaces

  • 2,625 Sq Ft Home
  • Mud Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Den
  • Sun or Florida Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Separate Shower

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Front Basement Entry

Schools

  • Franklin Elementary School
  • Summit Middle School
  • Summit High School

Utilities

  • Window Unit Cooling System
  • Standard Electricity

Listing and Financial Details

  • Assessor Parcel Number 2918-03103-0000-00017-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,977

Year Built

Built in 1880

Lot Details

0

Parking

1

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1880
  • Year Built Description: Approximate
  • County Name: Union
  • Street Number Display: 70
  • Directions: Springfield Ave or Ashland Road to Pine Grove Ave.
  • I D: 5180679
  • Modified: 2024-02-25
  • Number Images: 33
  • First Name: BILL
  • First Name3: BILL
  • Last Name: FLAGG
  • Last Name3: FLAGG
  • Office Phone: 908-603-8040
  • Office Phone3: 908-603-8040
  • Attribution Contact: 908-603-8040
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Description: Living Room
  • Number of Fireplaces: 2
  • Appliances: Dishwasher, Microwave Oven, Range/Oven-Gas, Refrigerator
  • Number Rooms: 10
  • Bedrooms: 3
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished-Partially, Full
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: First
  • Kitchen Area: Eat-In Kitchen, Separate Dining Area
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Porch
  • Other Room1 Level: First
  • Other Room 2: Breakfast
  • Other Room2 Level: First
  • Level 1 Rooms: Den, Entrance Vestibule, Kitchen, Living Room, MudRoom, Powder Room, Sunroom
  • Level 2 Rooms: 3 Bedrooms, Bath Main, Bath(s) Other
  • Level 3 Rooms: Attic
  • Estimated Sq Ft: 2625
  • Phone: 908-322-5454

Exterior Features

  • Exterior Description: Wood Shingle
  • Roof Description: Asphalt Shingle

Garage/Parking

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

Utilities

  • Cooling: Window A/C(s)
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water

Schools

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

Lot Info

  • Lot Size: .254
  • Assessed Improvement Value: 228800
  • Assessed Land Value: 210800
  • Assessment: 439600
  • Easement: Unknown
  • Lot Identifier: 17
  • 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: 18977
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2918-03103-0000-00017-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 4.317
  • Tax Rate Tax: *
  • Tax Rate Year: 2021
  • Tax Year Tax: *
  • Tax Year: 2021

MLS Schools

  • Grade School: Franklin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2022
Closed on
Feb 21, 2023
Sold by
Structured Asset Mortgage Investments Ii
Bought by
Manglani Kishin
Seller's Agent
Bill Flagg
ERA QUEEN CITY REALTY
Buyer's Agent
Bill Flagg
ERA QUEEN CITY REALTY
List Price
$1,012,500
Sold Price
$931,000
Premium/Discount to List
-$81,500
-8.05%
Views
191
Current Estimated Value
$1,321,709

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$390,709
Avg. Annual Appreciation
18.45%

Purchase Details

Closed on
Feb 4, 2020
Sold by
Humphrey Andrew S
Bought by
The Bank Of New York Mellon and Structured Asset Mtg Investments Ii Tr

Purchase Details

Closed on
Jun 24, 1994
Sold by
Burgess Van and Hogan Patricia Ann
Bought by
Humphrey Andrew S and Humphrey Roberta C
Source: Public Records

Range of Values:

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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
Manglani Kishin $931,000 Fidelity National Title
The Bank Of New York Mellon $1,000 None Available
Humphrey Andrew S $509,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Humphrey Roberta C $275,000
Previous Owner Humphrey Andrew S $110,299
Previous Owner Humbhrey Andrew S $75,000
Previous Owner Humphrey Andrew S $750,000
Previous Owner Humphrey Andrew S $282,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2023 02/24/23 Sold $931,000 +2.0% $355 / Sq Ft
02/09/2023 02/09/23 Pending -- -- --
01/20/2023 01/20/23 Price Changed $912,500 -9.9% $348 / Sq Ft
12/22/2022 12/22/22 Price Changed $1,012,500 0.0% $386 / Sq Ft
12/22/2022 12/22/22 For Sale $1,012,500 +8.8% $386 / Sq Ft
12/21/2022 12/21/22 Off Market $931,000 -- --
11/22/2022 11/22/22 Price Changed $1,125,000 -10.0% $429 / Sq Ft
10/24/2022 10/24/22 Price Changed $1,250,000 -9.3% $476 / Sq Ft
09/22/2022 09/22/22 For Sale $1,377,500 -- $525 / 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 $19,021 $337,600 $210,800 $126,800
2023 $19,021 $439,600 $210,800 $228,800
2022 $18,828 $439,600 $210,800 $228,800
2021 $18,978 $439,600 $210,800 $228,800
2020 $19,167 $439,600 $210,800 $228,800
2019 $19,189 $439,600 $210,800 $228,800
2018 $19,065 $439,600 $210,800 $228,800
2017 $19,189 $439,600 $210,800 $228,800
2016 $18,907 $439,600 $210,800 $228,800
2015 $18,538 $439,600 $210,800 $228,800
2014 $18,059 $439,600 $210,800 $228,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3808955

Garden State MLS

APN: 18-03103-0000-00017