NOT LISTED FOR SALE

9 Fay Place Summit, NJ 07901

Estimated Value: $1,787,000 - $2,278,000

5 Beds
4.5 Baths
4,189 Sq Ft
$503/Sq Ft Est. Value

Last Sold August 27, 2020

Last sale price $1,425,000 $340 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $13,606/month

127 Days on Market

Highlights

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

About This Home

As of August 2020

NEW CONSTRUCTION-SUMMER COMPLETION-Another fine home from Chris Maier, premier local builder. 5 Bedrooms, 4.5 Baths quality construction throughout. Still time to customize finishes! NEW CONSTRUCTION-Summer Occupancy! Top notch quality, loaded with high end finishes, and superior craftsmanship. Custom kitchen open concept family room, elegant Master Suite with luxurious Master Bath, finished lower level, great backyard, terrific neighborhood close to Washington Elementary, NYC transportation & easy access to major highways. Taxes TBD. Total square footage per plans: 4,189 (1st 1,356, 2nd 1,477, Lower Level 1,356). (Note exterior picture is another home built with the same plans.)

Last Agent to Sell the Property

Kim Cannon

PROMINENT PROPERTIES SIR Listed on: 02/24/2020

Last Buyer's Agent

SARAH CALHOUN

COMPASS NEW JERSEY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,092

Year Built

  • Built in 2020 | Under Construction

Lot Details

  • 0.26 Acre Lot
  • Level Lot
  • Sprinkler System

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener
  • Private Driveway

Home Design

  • Home to be built
  • Colonial Architecture
  • Composition Shingle
  • Tile

Interior Spaces

  • 4,189 Sq Ft Home
  • High Ceiling
  • Gas Fireplace
  • Mud Room
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Home Theater
  • Recreation Room
  • Storage Room
  • Laundry Room
  • Utility Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • Powder Room

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Porch

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2918-00301-0000-00003-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,092

Year Built

Built in 2020 | Under Construction

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 2020
  • Year Built Description: To Be Built, Under Construction
  • County Name: Union
  • Street Number Display: 9
  • Directions: River Road to Fay Place, near Canoe Brook Place
  • I D: 4951247
  • Modified: 2021-09-23
  • Number Images: 18
  • First Name: KIM
  • First Name3: SARAH
  • Last Name: CANNON
  • Last Name3: CALHOUN
  • Office Phone3: 973-310-6816
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Marble, Tile, Wood
  • Fireplace Description: Family Room, Gas Fireplace
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dishwasher, Microwave Oven, Range/Oven-Gas, Refrigerator, Sump Pump
  • Interior Amenities: Carbon Monoxide Detector, Fire Extinguisher, High Ceilings, Smoke Detector, SoakTub, StallShw, TubShowr
  • Number Rooms: 10
  • Bedrooms: 5
  • Master Bedroom Desc: Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Stall Shower And Tub
  • Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished, Full
  • Basement Level Rooms: 1 Bedroom, Bath(s) Other, Media Room, Rec Room, Storage Room, Utility Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Kitchen Area: Center Island, Eat-In Kitchen
  • Kitchen Dim: 20x13
  • Kitchen Level: First
  • Living Room Dim: 15x13
  • Living Room Level: First
  • Other Room 1: MudRoom
  • Other Room1 Dim: 6x5
  • Other Room1 Level: First
  • Other Room 2: Laundry Room
  • Other Room2 Level: Second
  • Other Room 3: Bedroom
  • Other Room3 Dim: 14x13
  • Other Room3 Level: Basement
  • Other Room 4: Bathroom
  • Other Room4 Level: Basement
  • Level 1 Rooms: Dining Room, Family Room, Foyer, GarEnter, Kitchen, Living Room, MudRoom, Porch, Powder Room
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other, Laundry Room
  • Level 3 Rooms: Attic
  • Estimated Sq Ft: 4189
  • Phone: 908-273-8808

Exterior Features

  • Exterior Description: Composition Shingle
  • Exterior Features: Curbs, Underground Lawn Sprinkler
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage, Garage Door Opener
  • Number Garage Spaces: 2
  • Parking Driveway Description: Blacktop, Driveway-Exclusive

Utilities

  • Cooling: 3 Units, Multi-Zone Cooling
  • Fuel Type: Gas-Natural
  • Heating: 3 Units, Multi-Zone
  • Sewer: Public Sewer
  • Utilities: Electric, Gas In Street, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

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: See Survey
  • Assessed Improvement Value: 90700
  • Assessed Land Value: 142000
  • Assessment: 232700
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 3
  • Lot I D Tax: *
  • Total Acres: 0.26
  • Zoning: Residential

Tax Info

  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 10092
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2918-00301-0000-00003-0000-
  • Tax Rate Amount: 4.337
  • Tax Rate Tax: *
  • Tax Rate Year: 2018
  • Tax Year Tax: *
  • Tax Year: 2018

MLS Schools

  • Grade School: Washington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2020
Closed on
Aug 21, 2020
Sold by
Maier Christopher
Bought by
Chittim Alexander and Chittim Jennifer E
Seller's Agent
Kim Cannon
PROMINENT PROPERTIES SIR
Buyer's Agent
SARAH CALHOUN
COMPASS NEW JERSEY, LLC
List Price
$1,425,000
Sold Price
$1,425,000
Current Estimated Value
$2,070,428

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$645,428
Avg. Annual Appreciation
7.02%
Original Mortgage
$997,500
Outstanding Balance
$898,492
Interest Rate
3.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,093,779

Purchase Details

Listed on
Oct 10, 2019
Closed on
Dec 18, 2019
Sold by
Smith Margaret R and Suarez Luis G
Bought by
Maier Christopher
Seller's Agent
Lisa Kulback
COLDWELL BANKER REALTY
Buyer's Agent
Kim Cannon
PROMINENT PROPERTIES SIR
List Price
$664,900
Sold Price
$627,500
Premium/Discount to List
-$37,400
-5.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
228.27%

Purchase Details

Closed on
Dec 24, 1998
Sold by
Trobiano Thomas M
Bought by
Trobiano Margaret R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,750
Interest Rate
6.8%
Mortgage Type
Stand Alone First
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
Chittim Alexander $1,425,000 Foundation Ttl Llc Roseland
Maier Christopher $627,500 None Available
Trobiano Margaret R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chittim Alexander $997,500
Previous Owner Smith Margaret R $180,000
Previous Owner Suarez Luis $100,000
Previous Owner Smith Margaret $60,000
Previous Owner Trobiano Margaret R $198,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2020 08/27/20 Sold $1,425,000 0.0% $340 / Sq Ft
06/30/2020 06/30/20 Pending -- -- --
02/24/2020 02/24/20 For Sale $1,425,000 +127.1% $340 / Sq Ft
12/18/2019 12/18/19 Sold $627,500 -3.5% --
11/19/2019 11/19/19 Pending -- -- --
10/31/2019 10/31/19 Price Changed $650,000 -2.2% --
10/10/2019 10/10/19 For Sale $664,900 -- --
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 $26,049 $602,000 $142,000 $460,000
2023 $26,049 $602,000 $142,000 $460,000
2022 $25,784 $602,000 $142,000 $460,000
2021 $25,988 $602,000 $142,000 $460,000
2020 $10,146 $232,700 $142,000 $90,700
2019 $10,157 $232,700 $142,000 $90,700
2018 $10,092 $232,700 $142,000 $90,700
2017 $10,157 $232,700 $142,000 $90,700
2016 $10,008 $232,700 $142,000 $90,700
2015 $9,813 $232,700 $142,000 $90,700
2014 $9,559 $232,700 $142,000 $90,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3618667

Garden State MLS

APN: 18-00301-0000-00003