NOT LISTED FOR SALE

85 Rotary Dr Summit, NJ 07901

Summit Area

Estimated Value: $1,834,000 - $2,198,000

4 Beds
4 Baths
-- Sq Ft
0.38 Acre Lot

Sale Details

Date Sold: August 26, 2024

Last sale price $1,719,111

Est. 17% increase in value since last sale

Current estimated payment $13,035 / mo

9 Days on Market

About This Home

As of August 2024

This home is located at 85 Rotary Dr, Summit, NJ 07901 since 19 June 2024 and is currently estimated at $2,013,703. This property was built in 1969. 85 Rotary Dr is a home located in Union County with nearby schools including L C Johnson Summit Middle School, Summit Sr High School, and Oak Knoll School of the Holy Child.

Last Agent to Sell the Property

Kim Cannon

PROMINENT PROPERTIES SIR Brokerage Phone: 908-273-8808 Listed on: 06/19/2024

Last Buyer's Agent

MARJORIE CALLAHAN

LOIS SCHNEIDER REALTOR

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1969

Lot Details

  • 16,553 Sq Ft Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 1969

Lot Details

0.38 Acres

Listing Details

  • Year Built: 1969
  • County Name: Union
  • I D: 5291466
  • Attribution Contact: 908-273-8808
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 3.10

Lot Info

  • Lot Size: .380
  • Total Acres: 0.38

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
Jun 19, 2024
Closed on
Aug 7, 2024
Sold by
Bought by
Seller's Agent
Kim Cannon
PROMINENT PROPERTIES SIR
Buyer's Agent
MARJORIE CALLAHAN
LOIS SCHNEIDER REALTOR
List Price
$1,399,000
Sold Price
$1,719,111
Premium/Discount to List
$320,111
22.88%
Views
14
Current Estimated Value
$2,013,703

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$294,592
Avg. Annual Appreciation
8.49%
Original Mortgage
$500,000
Outstanding Balance
$490,005
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$1,523,698

Purchase Details

Closed on
Jan 15, 1985
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Summit, NJ

  • Mikaela Arpino Real Estate Agent - NJ Real Estate Boutique, LLC

    Mikaela Arpino

    NJ Real Estate Boutique, LLC

    (862) 860-1682

    333 Total Sales

    2 in Summit

    $509K - $1.4M Price Range

    Mikaela Arpino
     Section Image
  • Shuang Liang Real Estate Agent - Premiumone Realty

    Shuang Liang

    Premiumone Realty

    (862) 214-7430

    74 Total Sales

    3 in Summit

    $1.1M - $1.8M Price Range

    Shuang Liang
     Section Image
  • Anita Vogel Real Estate Agent - Weichert Realtors, Montclair

    Anita Vogel

    Weichert Realtors, Montclair

    (862) 292-4859

    14 Total Sales

    2 in Summit

    $400,000 Price Range

    Anita Vogel
     Section Image
  • Jesse Flowers Real Estate Agent - COLDWELL BANKER REALTY

    Jesse Flowers

    COLDWELL BANKER REALTY

    (908) 913-7468

    48 Total Sales

    1 in Summit

    $815,000 Price

    Jesse Flowers
     Section Image
  • Steph Mahon Real Estate Agent - Compass New Jersey

    Steph Mahon

    Compass New Jersey

    (833) 669-4351

    79 Total Sales

    2 in Summit

    $420K - $1.6M Price Range

    Steph Mahon
     Section Image
  • Mackenson Bonnet Real Estate Agent - WEICHERT REALTORS

    Mackenson Bonnet

    WEICHERT REALTORS

    (862) 272-3446

    62 Total Sales

    1 in Summit

    $465,000 Price

    Mackenson Bonnet
     Section Image
See All Agents

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
$1,719,111 Tradition Title
$345,000 --
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $500,000
Open $1,000,000
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
08/26/2024 08/26/24 Sold $1,719,111 +22.9% --
06/28/2024 06/28/24 Pending -- -- --
06/19/2024 06/19/24 For Sale $1,399,000 -- --
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
2026 $23,602 $527,900 $369,500 $158,400
2025 $23,602 $527,900 $369,500 $158,400
2024 $22,842 $527,900 $369,500 $158,400
2023 $22,842 $527,900 $369,500 $158,400
2022 $22,610 $527,900 $369,500 $158,400
2021 $22,789 $527,900 $369,500 $158,400
2020 $25,314 $580,600 $369,500 $211,100
2019 $25,343 $580,600 $369,500 $211,100
2018 $25,181 $580,600 $369,500 $211,100
2017 $25,343 $580,600 $369,500 $211,100
2016 $24,972 $580,600 $369,500 $211,100
2015 $24,484 $580,600 $369,500 $211,100
2014 $23,851 $580,600 $369,500 $211,100
Source: Public Records

Agents Affiliated with this Home

  • Kim Cannon Real Estate Agent - PROMINENT PROPERTIES SIR

    Seller's Agent in 2024

    Kim Cannon

    PROMINENT PROPERTIES SIR

    (609) 947-4493

    136 Total Sales

    Kim Cannon
    Section Image

  • M

    Buyer's Agent in 2024

    MARJORIE CALLAHAN

    LOIS SCHNEIDER REALTOR

See All Agents

Map

Source: Garden State MLS

MLS Number: 3908626

Garden State MLS

APN: 18-05305-0000-00004

New Jersey Union County Summit 07901

85 Rotary Dr, Summit, NJ

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Garden State MLS The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.
Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.



This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.