NOT LISTED FOR SALE

8 Edgewood Dr Summit, NJ 07901

Estimated Value: $3,332,000 - $3,878,606

6 Beds
4.5 Baths
4,554 Sq Ft
$777/Sq Ft Est. Value

Last Sold June 23, 2022

Last sale price $3,400,000 $747 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $21,306/month

Highlights

  • Colonial Architecture
  • Deck
  • Wood Flooring
  • L C Johnson Summit Middle School Rated A+
  • Living Room with Fireplace
  • Attic

About This Home

As of June 2022

This elegant and exquisite French provincial home recently underwent a major renovation to include high-end designer kitchen (complete with white custom Yorketown cabinetry, quartz countertops, La Cornu gas range/double oven and hood, Sub Zero refrigerator, Miele dishwasher, Shaws farmers sink, etc...) - spacious and bright breakfast area features custom glass cabinetry and built-ins and direct access out to deck with custom awning. Floor plan provides perfect space for entertaining both for formal and informal gatherings. First floor den or library (with built-ins) can be a home office which is tucked away behind the living room. Family/great room is highlighted with threewalls of windows bringing in a tremendous amount of light and overlooks the lush backyard and patio area. The second level has also been renovated with the primary suite which includes a custom built dressing room and spa-like elegant bath (freestanding soaking tub within the oversized walk-in glass shower!!!!) Four addtl bedrooms and two renovated full baths with a full laundry room (washer and dryer included) complete the 2nd floor. Lower level (walk out to backyard and patio) offers the ideal au-pair or guest ste with full bath or great space for exercise room (currently being used as) and a bonus recreation room complete with wood-burning fireplace, storage room and direct access into 2 separate garages (3+ spaces total). Mere blocks to town center, shopping and train. Chimney/flue/fireplaces "as-is"

Last Agent to Sell the Property

DIANE TERRY

KELLER WILLIAMS REALTY Listed on: 05/05/2022

Last Buyer's Agent

Susan Oldendorp

COMPASS NEW JERSEY, LLC

COMPASS NEW JERSEY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,764

Year Built

  • Built in 1935

Lot Details

  • Sprinkler System

Parking

  • 3 Car Attached Garage
  • Tuck Under Garage
  • Inside Entrance
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Wood Shingle Roof
  • Tile

Interior Spaces

  • 4,554 Sq Ft Home
  • Wood Burning Fireplace
  • Blinds
  • Mud Room
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Breakfast Room
  • Formal Dining Room
  • Den
  • Recreation Room with Fireplace
  • Workshop
  • Home Gym
  • Attic

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Garage Access
  • Sump Pump

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Patio
  • Porch

Schools

  • Lincoln-Hubbard Elementary School
  • Summit Middle School
  • Summit High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Radiator
  • Underground Utilities
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2918-03402-0000-00011-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,764

Year Built

Built in 1935

Lot Details

0

Parking

3

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1935
  • Year Built Description: Approximate
  • County Name: Union
  • Exclusions: Dining Room and staircase chandeliers, fireplace equip
  • Directions: Springfield Ave to Edgewood Road to Edgewood Drive (by Ft Nightly)
  • I D: 5129283
  • Section Subdiv Development: Northside
  • First Name: DIANE
  • First Name3: SUSAN
  • Last Name: TERRY
  • Last Name3: OLDENDORP
  • Office Phone3: 201-400-8714
  • Attribution Contact: null
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2020

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Living Room, Rec Room, Wood Burning
  • Number of Fireplaces: 2
  • Appliances: Carbon Monoxide Detector, Dishwasher, Disposal, Dryer, Kitchen Exhaust Fan, Microwave Oven, Range/Oven-Gas, Refrigerator, Sump Pump, Washer, WineRefr
  • Interior Amenities: Blinds, Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, SoakTub, StallShw, StallTub, Walk-In Closet
  • Bedrooms: 6
  • Master Bedroom Desc: Dressing Room, Full Bath, 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, Full, Walkout
  • Basement Level Rooms: 1 Bedroom, Bath(s) Other, Exercise Room, GarEnter, MudRoom, Rec Room, Walkout, Workshop
  • 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, SepEnter
  • Kitchen Area: Center Island, Eat-In Kitchen, Separate Dining Area
  • Kitchen Dim: 15x15
  • Kitchen Level: First
  • Living Room Dim: 15x24
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Dim: 14x91
  • Other Room1 Level: Second
  • Other Room 2: Bedroom
  • Other Room2 Dim: 17x17
  • Other Room2 Level: Basement
  • Other Room 3: Breakfast
  • Other Room3 Dim: 16x19
  • Other Room3 Level: First
  • Other Room 4: Rec Room
  • Other Room4 Dim: 23x23
  • Other Room4 Level: Basement
  • Other Level Rooms: MudRoom
  • Level 1 Rooms: Breakfast Room, Den, Dining Room, Family Room, Kitchen, Living Room, Porch, Powder Room
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other, Laundry Room
  • Level 3 Rooms: Attic
  • Estimated Sq Ft: 4554

Exterior Features

  • Exterior Features: Curbs, Deck, Open Porch(es), Patio, Underground Lawn Sprinkler
  • Roof Description: Wood Shingle

Garage/Parking

  • Garage Description: Attached Garage, Garage Door Opener, Garage Under, InEntrnc
  • Number Garage Spaces: 3
  • Number Parking Spaces: 6
  • Parking Driveway Description: 1 Car Width, Blacktop

Utilities

  • Cooling: Central Air, Multi-Zone Cooling
  • Fuel Type: Electric, Gas-Natural
  • Heating: 3 Units, Forced Hot Air, Multi-Zone, Radiators - Steam
  • Sewer: Public Sewer
  • Utilities: All Underground
  • Water: Public Water
  • Water Heater: Gas

Schools

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

Lot Info

  • Lot Size: 103X200
  • Easement: Unknown
  • 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: 34764
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2918-03402-0000-00011-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 4.317
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2021

MLS Schools

  • Grade School: Lincoln-Hubbard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2022
Closed on
Jun 15, 2022
Sold by
Jennings and Tracey
Bought by
Walters Benjamin and Walters Quincy
Seller's Agent
DIANE TERRY
KELLER WILLIAMS REALTY
Buyer's Agent
Susan Oldendorp
COMPASS NEW JERSEY, LLC
List Price
$3,100,000
Sold Price
$3,400,000
Premium/Discount to List
$300,000
9.68%
Current Estimated Value
$3,540,202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,202
Avg. Annual Appreciation
1.13%
Original Mortgage
$2,720,000
Outstanding Balance
$2,584,225
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$955,977

Purchase Details

Listed on
Jul 15, 2019
Closed on
Aug 23, 2019
Sold by
Lyon Carl F and Lyon Maryann M
Bought by
Jennings Warren and Jennings Tracey
Seller's Agent
SUSAN ADLER
KELLER WILLIAMS REALTY
Buyer's Agent
DIANE TERRY
KELLER WILLIAMS REALTY
List Price
$1,495,000
Sold Price
$1,500,000
Premium/Discount to List
$5,000
0.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.67%
Original Mortgage
$1,200,000
Interest Rate
3.7%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Walters Benjamin $3,400,000 Westcor Land Title
Jennings Warren $1,500,000 Old Republic Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walters Benjamin $2,720,000
Previous Owner Jennings Warren $1,200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/23/2022 06/23/22 Sold $3,400,000 +9.7% $747 / Sq Ft
05/10/2022 05/10/22 Pending -- -- --
05/10/2022 05/10/22 For Sale $3,100,000 +106.7% $681 / Sq Ft
08/29/2019 08/29/19 Sold $1,500,000 +0.3% $329 / Sq Ft View Prior Sale
07/27/2019 07/27/19 Pending -- -- --
07/15/2019 07/15/19 For Sale $1,495,000 -- $328 / 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
2025 $35,079 $805,300 $421,900 $383,400
2024 $34,845 $805,300 $421,900 $383,400
2023 $34,845 $805,300 $421,900 $383,400
2022 $34,491 $805,300 $421,900 $383,400
2021 $34,765 $805,300 $421,900 $383,400
2020 $35,111 $805,300 $421,900 $383,400
2019 $35,151 $805,300 $421,900 $383,400
2018 $34,926 $805,300 $421,900 $383,400
2017 $35,151 $805,300 $421,900 $383,400
2016 $34,636 $805,300 $421,900 $383,400
2015 $39,458 $935,700 $421,900 $513,800
2014 $38,439 $935,700 $421,900 $513,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3780041

Garden State MLS

APN: 18-03402-0000-00011