NOT LISTED FOR SALE

82 Prospect Hill Ave Summit, NJ 07901

Estimated Value: $2,805,327 - $4,015,000

6 Beds
4.5 Baths
3,687 Sq Ft
$933/Sq Ft Est. Value

Last Sold January 14, 2021

Last sale price $2,075,000 $563 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $21,710/month

124 Days on Market

Highlights

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

About This Home

As of January 2021

Location!Location!Location! Impressive 6BD/4.1BA colonial beautifully situated in prestigious Northside neighborhood! Charming porch welcomes you into this beautiful home featuring an ideal floor plan for year round entertaining. Chef's kitchen w/butler's pantry opens to family rm with w/b fireplace, French doors to bluestone patio with views of an incredibly private yard. Sun filled, first-floor w/formal dining room, sun room, handsome library w/custom built-ins, formal liv rm with w/b fireplace & French doors spilling out to expansive backyard oasis. The second floor boasts five bedrooms & laundry. Master Suite w/spa-like bath, custom shower & tub, huge WIC & sitting room. Lower Level w/ guest quarters w/en-suite bath, spacious rec rm & plenty of storage. Blocks to downtown, NYC train & Lincoln-Hubbard Elem.

Last Agent to Sell the Property

ELAINE PRUZON

PROMINENT PROPERTIES SIR Listed on: 06/18/2020

Co-Listed By

SUZANNE L. POLOW

PROMINENT PROPERTIES SIR

Last Buyer's Agent

Binali Patel

RE/MAX ACHIEVERS

RE/MAX ACHIEVERS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,085

Year Built

  • Built in 1953 | Remodeled

Lot Details

  • 0.4 Acre Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Wood Shingle Roof
  • Slate Roof

Interior Spaces

  • Beamed Ceilings
  • Wood Burning Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Library
  • Recreation Room
  • Sun or Florida Room
  • Storage Room
  • Utility Room

Kitchen

  • Breakfast Bar
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet
  • Stone

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Jetted Tub in Primary Bathroom
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Sump Pump
  • Crawl Space

Outdoor Features

  • Patio
  • Porch

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Two Cooling Systems Mounted To A Wall/Window
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2918-03502-0000-00008-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,085

Year Built

Built in 1953 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1953
  • Year Built Description: Approximate, Renovated
  • County Name: Union
  • Renovated Year: 2009
  • Street Number Display: 82
  • Directions: Springfield Ave to Prospect Hill Ave OR Hobart Ave to Whittredge to Prospect Hill Ave
  • I D: 4991245
  • Modified: 2022-01-15
  • Number Images: 22
  • Section Subdiv Development: Northside
  • First Name: ELAINE
  • First Name2: SUZANNE L.
  • First Name3: BINALI
  • Last Name: PRUZON
  • Last Name2: POLOW
  • Last Name3: PATEL
  • Office Phone: 973-376-8188
  • Office Phone2: 973-376-8188
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2009

Interior Features

  • Flooring: Carpeting, Stone, Wood
  • Fireplace Description: Family Room, Living Room, Wood Burning
  • Number of Fireplaces: 2
  • Appliances: Dishwasher, Disposal, Dryer, Microwave Oven, Range/Oven-Gas, Refrigerator, Sump Pump, Washer, WineRefr
  • Interior Amenities: Beam Ceilings, JacuzTyp, StallShw, Walk-In Closet
  • Number Rooms: 13
  • Bedrooms: 6
  • 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: Jetted Tub, Stall Shower
  • Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Crawl Space, Finished
  • Basement Level Rooms: 1 Bedroom, Bath(s) Other, Rec Room, Storage Room, Utility Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Breakfast Bar, Center Island
  • Kitchen Dim: 20x18
  • Kitchen Level: First
  • Living Room Dim: 14x26
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Dim: 10x11
  • Other Room1 Level: Second
  • Other Room 2: Bedroom
  • Other Room2 Dim: 13x10
  • Other Room2 Level: Basement
  • Other Room 3: Library
  • Other Room3 Dim: 11x17
  • Other Room3 Level: First
  • Other Room 4: Sunroom
  • Other Room4 Dim: 11x26
  • Other Room4 Level: First
  • Level 1 Rooms: Dining Room, Family Room, Foyer, Kitchen, Library, Living Room, Porch, Powder Room, Sunroom
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other, Laundry Room, SittngRm
  • Phone: 973-376-8188

Exterior Features

  • Exterior Description: Wood Shingle
  • Exterior Features: Barbeque, Patio
  • Roof Description: Slate

Garage/Parking

  • Garage Description: Built-In Garage, Garage Door Opener
  • Number Garage Spaces: 2
  • Parking Driveway Description: 2 Car Width

Utilities

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

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: 100X174
  • Assessed Improvement Value: 404800
  • Assessed Land Value: 399000
  • Assessment: 803800
  • Easement: Unknown
  • Lot Identifier: 8
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.40
  • Zoning: Res

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 35085
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2918-03502-0000-00008-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 4.365
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: Lincoln-Hubbard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2020
Closed on
Dec 31, 2020
Sold by
Pan Kita Bartholomew and Pan Kita Georgia
Bought by
Grewal Nick and Grewal Priya S
Seller's Agent
ELAINE PRUZON
PROMINENT PROPERTIES SIR
Buyer's Agent
Binali Patel
RE/MAX ACHIEVERS
List Price
$2,250,000
Sold Price
$2,075,000
Premium/Discount to List
-$175,000
-7.78%
Current Estimated Value
$3,440,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,365,776
Avg. Annual Appreciation
9.94%
Original Mortgage
$1,660,000
Interest Rate
2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 11, 2013
Sold by
Moriarty Mary Eileen
Bought by
Moriarty Robert F and Moriarty Mary Eileen

Purchase Details

Closed on
Mar 26, 2002
Sold by
Totman Robert M and Totman Catharine M
Bought by
Pan Kita Bartholomew and Pan Kita Georgia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.12%

Purchase Details

Closed on
Sep 14, 1998
Sold by
Ward Sedgwick A and Ward Barbara J
Bought by
Totman Robert M and Totman Catharine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$461,000
Interest Rate
6.37%
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Grewal Nick $2,075,000 Counsellors Title Agency Inc
Pan Kita Bartholomew $1,695,000 Fidelity National Title Ins
Totman Robert M $776,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Grewal Nick $1,660,000
Previous Owner Pan Kita Bartholomew $855,200
Previous Owner Pan Kita Bartholomew $900,000
Previous Owner Pan Kita Bartholomew $908,000
Previous Owner Pan Kita Bartholomew $1,000,000
Previous Owner Totman Robert M $200,000
Previous Owner Totman Robert M $250,000
Previous Owner Totman Robert M $200,000
Previous Owner Totman Robert M $100,000
Previous Owner Totman Robert M $461,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2021 01/14/21 Sold $2,075,000 -7.8% $563 / Sq Ft
10/20/2020 10/20/20 Pending -- -- --
06/18/2020 06/18/20 For Sale $2,250,000 -- $610 / 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 $35,538 $947,300 $399,000 $548,300
2023 $35,538 $821,300 $399,000 $422,300
2022 $35,176 $821,300 $399,000 $422,300
2021 $34,700 $803,800 $399,000 $404,800
2020 $35,046 $803,800 $399,000 $404,800
2019 $35,086 $803,800 $399,000 $404,800
2018 $34,861 $803,800 $399,000 $404,800
2017 $35,086 $803,800 $399,000 $404,800
2016 $34,571 $803,800 $399,000 $404,800
2015 $33,896 $803,800 $399,000 $404,800
2014 $33,020 $803,800 $399,000 $404,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3641439

Garden State MLS

APN: 18-03502-0000-00008