$1,175,000
SOLD JUN 21, 2016

73 Edgewood Rd Summit, NJ 07901

0.67 Acre
-- Price per Acre
-- Sq Ft Lot

Recently Sold

$138 Per Sq Ft

6% Below List Price

12 Days on Market

About This Lot

As of June 2025

This home is located at 73 Edgewood Rd, Summit, NJ 07901 and is currently priced at $1,175,000, approximately $137 per square foot. 73 Edgewood Rd 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

CAROLANN CLYNES

CHRISTIE'S INT. REAL ESTATE GROUP Brokerage Phone: 908-522-1800 Listed on: 04/13/2016

Last Buyer's Agent

CAROLANN CLYNES

CHRISTIE'S INT. REAL ESTATE GROUP Brokerage Phone: 908-522-1800 Listed on: 04/13/2016

Property Details

Property Type

Land

Est. Annual Taxes

$64,304

Lot Details

0

Listing Details

  • County Name: Union
  • I D: 4614295
  • Modified: 2021-09-23
  • Attribution Contact: 908-522-1800
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: LotsLands

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2025
Closed on
Jun 16, 2025
Sold by
Rigby Alan and Sawhney-Rigby Raneeta
Bought by
Bomerano Llc
Seller's Agent
JILL BRAY
PROMINENT PROPERTIES SIR
Buyer's Agent
Judith Daniels
PROMINENT PROPERTIES SIR
Sold Price
$5,525,000
Views
11

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.40%
Original Mortgage
$3,900,000
Outstanding Balance
$3,900,000
Interest Rate
5.38%
Mortgage Type
New Conventional
Estimated Equity
$1,724,311

Purchase Details

Listed on
Mar 19, 2021
Closed on
May 27, 2021
Sold by
Mitra Shankha and Mitra Purba
Bought by
Rigby Alan and Sawhney Rigby Ranecta
Seller's Agent
Anthony Verducci Jr.
SERHANT NEW JERSEY LLC
Buyer's Agent
SUSAN ADLER
KELLER WILLIAMS REALTY
List Price
$4,250,000
Sold Price
$4,150,000
Premium/Discount to List
-$100,000
-2.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.40%
Original Mortgage
$2,000,000
Interest Rate
2.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 16, 2018
Closed on
Feb 19, 2019
Sold by
Mountain View Development Of Nj Llc
Bought by
Mitra Shankha
Seller's Agent
ARLENE GORMAN GONNELLA
WEICHERT REALTORS
Buyer's Agent
CAROLANN CLYNES
CHRISTIE'S INT. REAL ESTATE GROUP
List Price
$3,775,000
Sold Price
$3,475,000
Premium/Discount to List
-$300,000
-7.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.88%
Original Mortgage
$2,432,500
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Apr 13, 2016
Closed on
May 20, 2016
Sold by
Bank Of America Na Exc
Bought by
Mountain View Devp Of Nj Llc
Seller's Agent
CAROLANN CLYNES
CHRISTIE'S INT. REAL ESTATE GROUP
Buyer's Agent
CAROLANN CLYNES
CHRISTIE'S INT. REAL ESTATE GROUP
List Price
$1,250,000
Sold Price
$1,175,000
Premium/Discount to List
-$75,000
-6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
50.10%
Original Mortgage
$1,847,500
Interest Rate
3.64%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 12, 1996
Sold by
Summit Bank
Bought by
Sitarz Anneliese Lotte
Source: Public Records

Range of Values:

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 Type Sale Price Title Company
Deed $5,525,000 None Listed On Document
Deed $5,525,000 None Listed On Document
Deed $4,150,000 Realsafe Title Llc
Deed $3,490,824 Nrt Title Agency Llc
Deed $1,175,000 --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,900,000 New Conventional
Previous Owner $2,000,000 New Conventional
Previous Owner $435,000 Adjustable Rate Mortgage/ARM
Previous Owner $2,432,500 Adjustable Rate Mortgage/ARM
Previous Owner $1,847,500 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2025 06/26/25 Sold $5,525,000 +33.1% $648 / Sq Ft
06/22/2021 06/22/21 Sold $4,150,000 -2.4% $455 / Sq Ft
03/23/2021 03/23/21 Pending -- -- --
03/19/2021 03/19/21 For Sale $4,250,000 +22.3% $466 / Sq Ft
02/19/2019 02/19/19 Sold $3,475,000 -7.9% $381 / Sq Ft
12/14/2018 12/14/18 Pending -- -- --
11/16/2018 11/16/18 For Sale $3,775,000 +221.3% $414 / Sq Ft
06/21/2016 06/21/16 Sold $1,175,000 -6.0% $138 / Sq Ft
04/25/2016 04/25/16 Pending -- -- --
04/13/2016 04/13/16 For Sale $1,250,000 -- $147 / 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 $64,304 $1,486,100 $432,600 $1,053,500
2023 $64,304 $1,486,100 $432,600 $1,053,500
2022 $63,650 $1,486,100 $432,600 $1,053,500
2021 $64,155 $1,486,100 $432,600 $1,053,500
2020 $64,794 $1,486,100 $432,600 $1,053,500
2019 $18,883 $432,600 $432,600 $0
2018 $18,762 $432,600 $432,600 $0
2017 $18,883 $432,600 $432,600 $0
2016 $18,606 $432,600 $432,600 $0
2015 $18,243 $432,600 $432,600 $0
2014 $17,771 $432,600 $432,600 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2025

    JILL BRAY

    PROMINENT PROPERTIES SIR

  • Judith Daniels

    Buyer's Agent in 2025

    Judith Daniels

    PROMINENT PROPERTIES SIR

    (973) 943-5440

    5 in this area

    79 Total Sales

    Judith Daniels
    Section Image

  • A

    Seller's Agent in 2021

    Anthony Verducci Jr.

    SERHANT NEW JERSEY LLC

    (973) 477-2220

    17 in this area

    138 Total Sales

    Anthony Verducci Jr.
    Section Image

  • S

    Buyer's Agent in 2021

    SUSAN ADLER

    KELLER WILLIAMS REALTY

  • A

    Seller's Agent in 2019

    ARLENE GORMAN GONNELLA

    WEICHERT REALTORS

  • C

    Buyer's Agent in 2019

    CAROLANN CLYNES

    CHRISTIE'S INT. REAL ESTATE GROUP

See All Agents

Map

Source: Garden State MLS

MLS Number: 3297581

Garden State MLS

APN: 18-03401-0000-00050

New Jersey Union County Summit 07901

73 Edgewood Rd, Summit, NJ

This home is located at 73 Edgewood Rd, Summit, NJ 07901 and is currently priced at $1,175,000, approximately $137 per square foot. 73 Edgewood Rd 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.

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