NOT LISTED FOR SALE

83 Butler Pkwy Summit, NJ 07901

Estimated Value: $2,082,000 - $2,366,000

6 Beds
5 Baths
-- Sq Ft
0.25 Acres

Last Sold July 24, 2018

Last sale price $1,469,500

Est. 51% increase in value since last sale

Current estimated payment $14,029/month

102 Days on Market

Highlights

  • Home Theater
  • Colonial Architecture
  • Wood Flooring
  • L C Johnson Summit Middle School Rated A+
  • Recreation Room
  • 1-minute walk to Martin's Brook Park

About This Home

As of July 2018

This home is located at 83 Butler Pkwy, Summit, NJ 07901 since 19 February 2018 and is currently estimated at $2,214,015. 83 Butler Pkwy 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 Agent to Sell the Property

JASON FORSTER

PROVENTUS PROPERTIES, LLC. Listed on: 02/19/2018

Last Buyer's Agent

NEIL STEIGER

KELLER WILLIAMS REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,249

Lot Details

  • 0.25

Parking

  • 2 Car Direct Access Garage

Home Design

  • Colonial Architecture

Interior Spaces

  • High Ceiling
  • Gas Fireplace
  • Mud Room
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Breakfast Room
  • Formal Dining Room
  • Home Theater
  • Recreation Room
  • Utility Room
  • Laundry Room
  • Home Gym
  • Wood Flooring

Kitchen

  • Self-Cleaning Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 5 Full Bathrooms
  • Soaking Tub
  • Separate Shower

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Schools

  • Washington Elementary School
  • Summit Middle School
  • Summit High School

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Multiple Heating Units
  • Standard Electricity

Additional Features

  • Porch
  • 0.25 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 2918-00306-0000-00031-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,249

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • County Name: Union
  • Street Number Display: 83
  • Directions: Morris Ave or River Road to Butler Parkway
  • I D: 4779270
  • Modified: 2019-07-25
  • Number Images: 23
  • First Name: JASON
  • First Name3: NEIL
  • Last Name: FORSTER
  • Last Name3: STEIGER
  • Office Phone: 908-319-0075
  • Office Phone3: 251445
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Wood
  • Fireplace Description: Gas Fireplace, Family Room
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, OvnWElec, Refrigerator, CookGas, Dishwasher, Self Cleaning Oven, Disposal, Kitchen Exhaust Fan, Microwave Oven, Sump Pump, WineRefr
  • Interior Amenities: Carbon Monoxide Detector, High Ceilings, Smoke Detector
  • Number Rooms: 14
  • Bedrooms: 6
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Stall Shower, Soaking Tub
  • Bathrooms: 5.00
  • Full Bathrooms: 5
  • Basement: Yes
  • Basement Description: Finished, Full
  • Basement Level Rooms: 1 Bedroom, Utility Room, Bath Main, Exercise Room, Media Room, Rec Room
  • Dining Room Level: First
  • Family Room Level: First
  • Kitchen Area: Center Island
  • Kitchen Dim: 16x10
  • Kitchen Level: First
  • Living Room Dim: 14x14
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Dim: 12x10
  • Other Room1 Level: First
  • Other Room 2: Bedroom
  • Other Room2 Dim: 13x9
  • Other Room2 Level: Basement
  • Level 1 Rooms: 1 Bedroom, Breakfast Room, Laundry Room, MudRoom, Foyer, GarEnter, Living Room, Dining Room, Bath Main, Family Room, Kitchen
  • Level 2 Rooms: 4 Or More Bedrooms, Porch, Bath Main, Bath(s) Other
  • Phone: 908-522-9100

Exterior Features

  • Exterior Description: ConcBrd
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 2
  • Parking Driveway Description: Blacktop

Utilities

  • Cooling: 2 Units
  • Fuel Type: Electric, Gas-Natural
  • Heating: 2 Units
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water

Schools

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

Lot Info

  • Lot Size: 76X145
  • Assessed Improvement Value: 68000
  • Assessed Land Value: 143900
  • Assessment: 211900
  • Lot Identifier: 31
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.25

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 9249
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2918-00306-0000-00031-0000-
  • Tax Rate Amount: 4.365
  • Tax Rate Tax: *
  • Tax Rate Year: 2017
  • Tax Year Tax: *
  • Tax Year: 2017

MLS Schools

  • Grade School: Washington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2018
Closed on
Jul 23, 2018
Sold by
83 Butler Parkway Llc
Bought by
Du Wei and Lew Katherine
Seller's Agent
JASON FORSTER
PROVENTUS PROPERTIES, LLC.
Buyer's Agent
NEIL STEIGER
KELLER WILLIAMS REALTY
List Price
$1,549,000
Sold Price
$1,469,500
Premium/Discount to List
-$79,500
-5.13%
Current Estimated Value
$2,214,015

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$744,515
Avg. Annual Appreciation
5.86%
Original Mortgage
$881,700
Outstanding Balance
$764,125
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$1,449,890

Purchase Details

Closed on
Mar 4, 2016
Sold by
L Formichella M and L M
Bought by
83 Butler Parkway Llc
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
Du Wei $1,469,500 Chp Title Agency Llc
83 Butler Parkway Llc $560,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Du Wei $881,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2018 07/24/18 Sold $1,469,500 -5.1% --
06/01/2018 06/01/18 Pending -- -- --
02/19/2018 02/19/18 For Sale $1,549,000 -- --
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 $27,495 $631,200 $143,900 $487,300
2024 $27,312 $631,200 $143,900 $487,300
2023 $27,312 $631,200 $143,900 $487,300
2022 $27,034 $631,200 $143,900 $487,300
2021 $27,249 $631,200 $143,900 $487,300
2020 $27,520 $631,200 $143,900 $487,300
2019 $27,552 $631,200 $143,900 $487,300
2018 $9,190 $211,900 $143,900 $68,000
2017 $9,249 $211,900 $143,900 $68,000
2016 $9,114 $211,900 $143,900 $68,000
2015 $8,686 $211,900 $143,900 $68,000
2014 $8,455 $211,900 $143,900 $68,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3447734

Garden State MLS

APN: 18-00306-0000-00031