NOT LISTED FOR SALE

861 Summit Ave River Edge, NJ 07661

Estimated Value: $1,242,000 - $1,801,000

4 Beds
3.5 Baths
3,544 Sq Ft
$434/Sq Ft Est. Value

Last Sold May 16, 2022

Last sale price $1,175,000 $332 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $10,750/month

6 Days on Market

Highlights

  • New Construction
  • En-Suite Primary Bedroom
  • Rectangular Lot
  • Roosevelt Elementary School Rated A
  • Central Air

About This Home

As of May 2022

NEW 4 BEDROOM 4.5 BATH HOUSE TO BE BUILT

Last Agent to Sell the Property

David Arabia

Corcoran Infinity Properties Listed on: 04/21/2022

Last Buyer's Agent

Tamar Kaplan

Corcoran Infinity Properties, River Vale

Corcoran Infinity Properties, River Vale

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,717

Lot Details

  • 10,799 Sq Ft Lot
  • Rectangular Lot

Parking

  • 2 Car Garage

Home Design

  • New Construction
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 00009 / 00204

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,717

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Regular
  • View Type:Pond View: None
  • Co List Office Phone: (201) 944-1925
  • MLS Status: Sold - Sold
  • Directions: SUMMIT
  • Reso Fireplace Features: 1 Fireplace
  • Year Built Details: New Const-Existing Fdn
  • PropertySubTypeAdditional: Cntr Hl
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Primary Bathroom: Yes

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: None
  • Disclosures: Transaction Broker, Seller Disclosure - No
  • Construction Type: Brick, Vinyl Siding

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Zoned

Lot Info

  • Lot Size Sq Ft: 10799.0

Tax Info

  • Tax Block: 00204
  • Tax Lot: 00009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2022
Closed on
May 12, 2022
Sold by
David Arabia
Bought by
Green Joshua Scott and Ngai Jaclyn
Seller's Agent
David Arabia
Corcoran Infinity Properties
Buyer's Agent
Tamar Kaplan
Corcoran Infinity Properties, River Vale
List Price
$1,250,000
Sold Price
$1,175,000
Premium/Discount to List
-$75,000
-6%
Current Estimated Value
$1,538,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$363,695
Avg. Annual Appreciation
8.25%
Original Mortgage
$937,500
Outstanding Balance
$889,479
Interest Rate
5.11%
Mortgage Type
New Conventional
Estimated Equity
$649,216

Purchase Details

Closed on
Oct 29, 2021
Sold by
Amato Robert and Estate Of Yvonne Jone
Bought by
Arabia David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$659,025
Interest Rate
2.99%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 24, 2003
Sold by
Estate Of Albert C Jones
Bought by
Jones Yovnne and Jones Albert C
Source: Public Records

Range of Values:

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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
Green Joshua Scott $1,175,000 First American Title
Green Joshua Scott $1,175,000 First American Title
Arabia David $450,000 Safeland Title Agency Llc
Jones Yovnne -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Green Joshua Scott $937,500
Closed Green Joshua Scott $937,500
Previous Owner Arabia David $659,025
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2022 05/16/22 Sold $1,175,000 -6.0% $332 / Sq Ft
04/27/2022 04/27/22 Pending -- -- --
04/21/2022 04/21/22 For Sale $1,250,000 -- $353 / Sq Ft
Source: New Jersey 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 $30,717 $1,165,700 $371,800 $793,900
2024 $19,972 $774,700 $217,600 $557,100
2023 $19,114 $516,600 $217,600 $299,000
2022 $19,114 $516,600 $217,600 $299,000
2021 $18,487 $516,600 $217,600 $299,000
2020 $18,443 $516,600 $217,600 $299,000
2019 $17,916 $516,600 $217,600 $299,000
2018 $17,539 $516,600 $217,600 $299,000
2017 $17,368 $516,600 $217,600 $299,000
2016 $16,975 $516,600 $217,600 $299,000
2015 $16,369 $516,600 $217,600 $299,000
2014 $16,400 $516,600 $217,600 $299,000
Source: Public Records

Agents Affiliated with this Home

  • David Arabia

    Seller's Agent in 2022

    David Arabia

    Corcoran Infinity Properties

    (201) 206-3614

    4 in this area

    68 Total Sales

    David Arabia
    Section Image

  • T

    Buyer's Agent in 2022

    Tamar Kaplan

    Corcoran Infinity Properties, River Vale

    (201) 871-0800

    2 in this area

    5 Total Sales

    Tamar Kaplan
    Section Image
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Map

Source: New Jersey MLS

MLS Number: 22013913

New Jersey MLS

APN: 52-00204-0000-00009

New Jersey Bergen County River Edge 07661

861 Summit Ave, River Edge, NJ

This home is located at 861 Summit Ave, River Edge, NJ 07661 since 21 April 2022 and is currently estimated at $1,538,695, approximately $434 per square foot. 861 Summit Ave is a home located in Bergen County with nearby schools including Roosevelt Elementary School, River Dell Middle School, and River Dell Regional High School.

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.

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All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.

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