NOT LISTED FOR SALE

74 Templar Way Summit, NJ 07901

Estimated Value: $2,518,197 - $2,907,000

5 Beds
4.5 Baths
5,500 Sq Ft
$487/Sq Ft Est. Value

Last Sold May 21, 2021

Last sale price $1,848,000 $336 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $17,754/month

40 Days on Market

Highlights

  • Sitting Area In Primary Bedroom
  • Colonial Architecture
  • Wood Flooring
  • L C Johnson Summit Middle School Rated A+
  • Recreation Room
  • Attic

About This Home

As of May 2021

Stunning 5500 sq ft new construction with 10 year homeowner's warranty. Ideally located in Northside, constructed by Mountainview Developments, offers lifestyle, location & design enhanced by beautifully appointed amenities including 9' high ceilings, hardwood floors, stylized moldings & spacious rooms. The open floor plan has a bright & airy living room, formal dining room flanked by a gourmet kitchen with custom white cabinetry, quartz counter tops & high end appliances along with a comfortably-sized family room with gas burning fireplace. The front and rear staircases ideally connect the formal rooms to the casual living areas. The private rear yard is perfect for patio entertaining & recreational activities. Heated 3 car garage & built-in generator.

Last Listed By

ARLENE GORMAN GONNELLA

WEICHERT REALTORS Listed on: 02/12/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,224

Year Built

  • Built in 2020

Lot Details

  • 0.44 Acre Lot
  • Level Lot

Parking

  • 3 Car Attached Garage
  • Inside Entrance
  • Garage Door Opener
  • Private Driveway
  • Paver Block
  • Additional Parking

Home Design

  • Colonial Architecture
  • Composition Shingle Roof
  • Stone Siding
  • Composition Shingle
  • Tile

Interior Spaces

  • 5,500 Sq Ft Home
  • Beamed Ceilings
  • High Ceiling
  • Gas Fireplace
  • Thermal Windows
  • Mud Room
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Den
  • Recreation Room
  • Wood Flooring
  • Laundry Room
  • Attic

Kitchen

  • Breakfast Bar
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • In-Law or Guest Suite
  • Soaking Tub
  • Separate Shower

Finished Basement

  • Walk-Out Basement
  • Garage Access

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 Heating and Cooling System
  • Two Cooling Systems Mounted To A Wall/Window
  • Multiple Heating Units
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2918-02403-0000-00009-0001-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,224

Year Built

Built in 2020

Lot Details

0

Parking

3

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 2020
  • Year Built Description: Approximate
  • County Name: Union
  • Street Number Display: 74
  • Directions: North on Essex Rd, right to Robin Hood, right on Templar Way
  • I D: 5048029
  • Modified: 2022-05-22
  • Number Images: 23
  • Section Subdiv Development: Northside
  • First Name: ARLENE GORMAN
  • First Name3: ARLENE GORMAN
  • Last Name: GONNELLA
  • Last Name3: GONNELLA
  • Office Phone: 973-376-4545
  • Office Phone3: 973-376-4545
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Flooring: Tile, Wood
  • Fireplace Description: Family Room, Gas Fireplace
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dishwasher, Generator-Built-In, Kitchen Exhaust Fan, Microwave Oven, Range/Oven-Gas, Refrigerator, Self Cleaning Oven
  • Interior Amenities: Beam Ceilings, Carbon Monoxide Detector, High Ceilings, Smoke Detector, SoakTub, StallShw, Walk-In Closet
  • Number Rooms: 12
  • Bedrooms: 5
  • Master Bedroom Desc: Full Bath, Sitting Room, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Soaking Tub, Stall Shower
  • Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished
  • Basement Level Rooms: GarEnter, MudRoom, Rec Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: First
  • Family Room Level: First
  • In Law Suite: Yes
  • In Law Suite Description: Bedroom 1, Full Bath
  • Kitchen Area: Breakfast Bar, Center Island, Separate Dining Area
  • Kitchen Dim: 24x18
  • Kitchen Level: First
  • Living Room Dim: 14x16
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Dim: 12x12
  • Other Room1 Level: First
  • Other Room 2: SittngRm
  • Other Room2 Dim: 14x9
  • Other Room2 Level: Second
  • Other Room 3: Rec Room
  • Other Room3 Dim: 28x36
  • Other Room3 Level: Basement
  • Other Room 4: Laundry Room
  • Other Room4 Dim: 7x7
  • Other Room4 Level: Second
  • Level 1 Rooms: 1 Bedroom, Bath(s) Other, Den, Dining Room, Family Room, Foyer, Kitchen, Living Room, Powder Room, Walkout
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other, Laundry Room, SittngRm
  • Level 3 Rooms: Attic
  • Estimated Sq Ft: 5500
  • Phone: 973-376-4545

Exterior Features

  • Exterior Description: Composition Shingle, Stone
  • Exterior Features: Curbs, Patio, Thermal Windows/Doors
  • Roof Description: Composition Shingle

Garage/Parking

  • Garage Description: Attached Garage, Finished Garage, Garage Door Opener, InEntrnc, Oversize Garage
  • Number Garage Spaces: 3
  • Parking Driveway Description: 1 Car Width, Additional Parking, Driveway-Exclusive, Paver Block

Utilities

  • Cooling: 2 Units, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 2 Units, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Home Warranty: Yes

Schools

  • Elementary School: Lincoln-Hubbard
  • Middle School: Summit MS
  • High School: Summit HS
  • High School: Summit HS
  • Middle Jr High School: Summit MS

Lot Info

  • Lot Size: .438AC
  • Assessed Land Value: 234500
  • Assessment: 234500
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 9.01
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.44
  • Zoning: Residential

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 10224
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2918-02403-0000-00009-0001-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 4.360
  • Tax Rate Tax: *
  • Tax Rate Year: 2020
  • Tax Year Tax: *
  • Tax Year: 2020

MLS Schools

  • Grade School: Lincoln-Hubbard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2021
Closed on
May 20, 2021
Sold by
Mountain View Developments Of Nj Llc
Bought by
Goldberg Jonathan B and Goldberg Jillian
Seller's Agent
ARLENE GORMAN GONNELLA
WEICHERT REALTORS
Buyer's Agent
ARLENE GORMAN GONNELLA
WEICHERT REALTORS
List Price
$1,848,000
Sold Price
$1,848,000
Total Days on Market
40
Current Estimated Value
$2,680,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$832,399
Avg. Annual Appreciation
9.24%
Original Mortgage
$800,000
Outstanding Balance
$738,345
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,893,075

Purchase Details

Closed on
Oct 31, 2017
Sold by
Mountain View Developments Of Nj Llc
Bought by
Maountain View Developments Of Nj Llc

Range of Values:

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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
Goldberg Jonathan B $1,848,000 Prestige Title Agency Inc
Maountain View Developments Of Nj Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Goldberg Jonathan B $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2021 05/21/21 Sold $1,848,000 0.0% $336 / Sq Ft
03/24/2021 03/24/21 Pending -- -- --
02/12/2021 02/12/21 For Sale $1,848,000 -- $336 / 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 $33,867 $782,700 $234,500 $548,200
2023 $33,867 $782,700 $234,500 $548,200
2022 $33,523 $782,700 $234,500 $548,200
2021 $10,123 $234,500 $234,500 $0
2020 $10,224 $234,500 $234,500 $0
2019 $10,236 $234,500 $234,500 $0
2018 $10,170 $234,500 $234,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3691963

Garden State MLS

APN: 18 02403-0000-00009- 01