NOT LISTED FOR SALE

746 Springfield Ave Summit, NJ 07901

Estimated Value: $891,000 - $1,507,000

3 Beds
3 Baths
-- Sq Ft
0.26 Acre Lot

Sale Details

Date Sold: March 4, 2021

Last sale price $500,000

Est. 151% increase in value since last sale

Current estimated payment $7,765 / mo

19 Days on Market

Highlights

  • Colonial Architecture
  • Recreation Room
  • Main Floor Primary Bedroom
  • L C Johnson Summit Middle School Rated A+
  • Wood Flooring
  • Porch

About This Home

As of March 2021

Investment/Build Opportunity! Vintage Colonial currently zoned and used as a 2-family home just steps to shopping, NYC train station & a sidewalk stroll to downtown Summit. Being sold AS IS. 1st floor has 2 Bedrooms, 2 Baths, EIK, LR, DR, Ldry, an OFC & an unfinished basement. 2nd floor (currently rented for $1,525/month**LEASE RUNS UNTIL 11/1/2021**) has 1 Bedroom/1Bath, EIK, LR & loft area. Private backyard. Property being sold 'AS-IS' and is in need of renovation. Great investment opportunity or potential renovation/tear down project converting back to a single family home. Lot's of options at a great price! Also listed as Land MLS #3678424 & Mult-Fam MLS#3678422.

Last Agent to Sell the Property

Kim Cannon

PROMINENT PROPERTIES SIR Listed on: 11/13/2020

Last Buyer's Agent

Robert Northfield

KELLER WILLIAMS MID-TOWN DIRECT

KELLER WILLIAMS MID-TOWN DIRECT

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,457

Year Built

  • Built in 1900

Lot Details

  • 0.26

Parking

  • Private Driveway

Home Design

  • Colonial Architecture
  • Asphalt Shingled Roof
  • Wood Siding
  • Tile

Interior Spaces

  • Entrance Foyer
  • Living Room with Fireplace
  • Family or Dining Combination
  • Recreation Room
  • Loft
  • Utility Room
  • Laundry Room
  • Eat-In Kitchen
  • Unfinished Basement

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms
  • Separate Shower

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Schools

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

Utilities

  • Window Unit Cooling System
  • Multiple Heating Units
  • Standard Electricity
  • Oil Water Heater

Additional Features

  • Porch
  • Property is zoned R-15

Listing and Financial Details

  • Assessor Parcel Number 2918-02901-0000-00009-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,457

Year Built

Built in 1900

Lot Details

0.26 Acres

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1900
  • Year Built Description: Approximate
  • County Name: Union
  • Directions: Springfield Ave across from Harrison Ct. Park on right side of driveway. Do not block left side for tenant use.
  • I D: 5032133
  • First Name: KIM
  • First Name3: ROBERT
  • Last Name: CANNON
  • Last Name3: NORTHFIELD
  • Office Phone3: 973-761-4100
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Living Room
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector
  • Interior Amenities: Carbon Monoxide Detector, Smoke Detector
  • Bedrooms: 3
  • Master Bedroom Desc: 1st Floor, Full Bath
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: Second
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Description: Unfinished
  • Basement Level Rooms: Rec Room, Utility Room
  • Dining Room Level: First
  • Dining Area: Living/Dining Combo
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 14x10
  • Kitchen Level: First
  • Living Room Dim: 14x13
  • Living Room Level: First
  • Other Room 1: LivingRm
  • Other Room1 Dim: 15x14
  • Other Room1 Level: Second
  • Other Room 2: DiningRm
  • Other Room2 Dim: 14x9
  • Other Room2 Level: Second
  • Other Room 3: Loft
  • Other Room3 Level: Basement
  • Other Room 4: Utility Room
  • Other Room4 Dim: 24x20
  • Other Room4 Level: Basement
  • Level 1 Rooms: 2 Bedrooms, Bath Main, Bath(s) Other, Dining Room, Foyer, Kitchen, Laundry Room, Living Room, Porch
  • Level 2 Rooms: 1 Bedroom, Bath(s) Other, Living Room, Loft
  • Phone: 908-273-8808

Exterior Features

  • Exterior Description: Wood
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Parking Driveway Description: Blacktop, Driveway-Exclusive

Utilities

  • Cooling: Window A/C(s)
  • Fuel Type: OilAbIn
  • Heating: 2 Units
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Oil

Schools

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

Lot Info

  • Lot Size: .268
  • Easement: Unknown
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Zoning: R-15

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 12457
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2918-02901-0000-00009-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 4.365
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: Franklin

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2020
Closed on
Jan 13, 2021
Sold by
Bought by
Seller's Agent
Kim Cannon
PROMINENT PROPERTIES SIR
Buyer's Agent
Robert Northfield
KELLER WILLIAMS MID-TOWN DIRECT
List Price
$499,000
Sold Price
$500,000
Premium/Discount to List
$1,000
0.2%
Current Estimated Value
$1,253,044

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$753,044
Avg. Annual Appreciation
18.93%

Purchase Details

Closed on
Jul 19, 1988
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$500,000 Acres Land Title Agency Inc
$75,000 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/04/2021 03/04/21 Sold $500,000 +0.2% --
12/02/2020 12/02/20 Pending -- -- --
11/13/2020 11/13/20 For Sale $499,000 -- --
Source: Garden State MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $12,432 $285,400 $135,800 $149,600
2024 $12,349 $285,400 $135,800 $149,600
2023 $12,349 $285,400 $135,800 $149,600
2022 $12,224 $285,400 $135,800 $149,600
2021 $12,321 $285,400 $135,800 $149,600
2020 $12,443 $285,400 $135,800 $149,600
2019 $12,458 $285,400 $135,800 $149,600
2018 $12,378 $285,400 $135,800 $149,600
2017 $12,458 $285,400 $135,800 $149,600
2016 $12,275 $285,400 $135,800 $149,600
2015 $12,035 $285,400 $135,800 $149,600
2014 $11,724 $285,400 $135,800 $149,600
Source: Public Records

Agents Affiliated with this Home

  • Kim Cannon

    Seller's Agent in 2021

    Kim Cannon

    PROMINENT PROPERTIES SIR

    (609) 947-4493

    135 Total Sales

    Kim Cannon
    Section Image
  • Robert Northfield

    Buyer's Agent in 2021

    Robert Northfield

    KELLER WILLIAMS MID-TOWN DIRECT

    (973) 489-3417

    242 Total Sales

    Robert Northfield
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3678417

Garden State MLS

APN: 18-02901-0000-00009

New Jersey Union County Summit 07901

746 Springfield Ave, Summit, NJ

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