NOT LISTED FOR SALE

8 Cedric Rd Summit, NJ 07901

Estimated Value: $2,554,766 - $2,786,000

5 Beds
5 Baths
4,086 Sq Ft
$647/Sq Ft Est. Value

Last Sold November 21, 2014

Last sale price $1,725,000 $422 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $17,672/month

About This Home

As of November 2014

This home is located at 8 Cedric Rd, Summit, NJ 07901 since 21 November 2014 and is currently estimated at $2,641,922, approximately $646 per square foot. This property was built in 1936. 8 Cedric 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 Listed By

SCOTT J. MENNIG

KELLER WILLIAMS REALTY Brokerage Phone: 908-273-2991 Listed on: 11/21/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,447

Year Built

  • Built in 1936

Lot Details

  • 0.39 Acre Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,447

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Year Built: 1936
  • County Name: Union
  • Street Number Display: 8
  • I D: 4393805
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 908-273-2991
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 4.10

Lot Info

  • Lot Size: 104X163
  • Total Acres: 0.39

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2014
Closed on
Nov 21, 2014
Sold by
Omalley Patrick M and Omalley Caroline C
Bought by
Stockton Richard and Stockton Elizabeth C
Seller's Agent
SCOTT J. MENNIG
KELLER WILLIAMS REALTY
Buyer's Agent
GERALDINE MCCANN
LOIS SCHNEIDER REALTOR
Sold Price
$1,725,000
Total Days on Market
0
Current Estimated Value
$2,641,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$916,922
Avg. Annual Appreciation
3.60%
Original Mortgage
$900,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 3, 2005
Sold by
Omalley Patrick M
Bought by
Omalley Patrick M and Omalley Caroline C

Purchase Details

Closed on
Apr 1, 1996
Sold by
Brady Jean F
Bought by
Omalley Patrick M and Omalley Caroline C

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 Buyer Sale Price Title Company
Stockton Richard $1,725,000 Fidelity Natl Title Ins Co
Omalley Patrick M -- --
Omalley Patrick M $650,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stockton Richard $695,000
Closed Stockton Richard $600,000
Closed Stockton Richard $665,000
Closed Stockton Richard $417,000
Closed Stockton Richard $900,000
Previous Owner Omalley Patrick M $100,000
Previous Owner Omalley Patrick M $550,000
Previous Owner Omalley Patrick M $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2014 11/21/14 Sold $1,725,000 -- $422 / 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 $35,447 $819,200 $222,300 $596,900
2023 $35,447 $819,200 $222,300 $596,900
2022 $35,086 $819,200 $222,300 $596,900
2021 $35,365 $819,200 $222,300 $596,900
2020 $35,717 $819,200 $222,300 $596,900
2019 $35,758 $819,200 $222,300 $596,900
2018 $35,529 $819,200 $222,300 $596,900
2017 $35,758 $819,200 $222,300 $596,900
2016 $35,234 $819,200 $222,300 $596,900
2015 $34,546 $819,200 $222,300 $596,900
2014 $33,653 $819,200 $222,300 $596,900
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2014

    SCOTT J. MENNIG

    KELLER WILLIAMS REALTY

  • G

    Buyer's Agent in 2014

    GERALDINE MCCANN

    LOIS SCHNEIDER REALTOR

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Map

Source: Garden State MLS

MLS Number: 3091493

Garden State MLS

APN: 18-02403-0000-00015

New Jersey Union County Summit 07901

8 Cedric Rd, Summit, NJ

Homes for Sale in Summit, NJ

This home is located at 8 Cedric Rd, Summit, NJ 07901 since 21 November 2014 and is currently estimated at $2,641,922, approximately $646 per square foot. This property was built in 1936. 8 Cedric 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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