NOT LISTED FOR SALE

96 Prospect St Summit, NJ 07901

Estimated Value: $3,553,266 - $5,021,000

7 Beds
5.5 Baths
7,500 Sq Ft
$584/Sq Ft Est. Value

Sale Details

Date Sold: August 13, 2019

Last sale price $2,650,000 $353 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $28,004 / mo

107 Days on Market

Highlights

  • Custom Home
  • Fireplace in Primary Bedroom
  • Wood Flooring
  • L C Johnson Summit Middle School Rated A+
  • Deck
  • Jetted Tub in Primary Bathroom

About This Home

As of August 2019

Set amongst some of the most timeless original mansions in Summit, a home of this distinction rarely comes along! Located just blocks from down town Summit, NY transport., parks, and schools, this custom, one owner, colonial offers sophisticated traditional rooms and an open modern floor plan. Recent updates include freshly painted kitchen, Laundry & powder room. The beautiful landscaped grounds and patios provide a special setting that sets this home apart.

Last Agent to Sell the Property

ANTOINETTE GEORGE

COMPASS NEW JERSEY, LLC Listed on: 02/26/2019

Last Buyer's Agent

Suzanne Lear

PROMINENT PROPERTIES SIR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $52,403

Lot Details

  • 28,314 Sq Ft Lot
  • Sprinkler System

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Custom Home
  • Colonial Architecture
  • Asphalt Shingled Roof
  • Wood Shingle Roof
  • Tile

Interior Spaces

  • 7,500 Sq Ft Home
  • Central Vacuum
  • High Ceiling
  • Mud Room
  • Entrance Foyer
  • Great Room with Fireplace
  • 4 Fireplaces
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Library with Fireplace
  • Loft
  • Storage Room

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Recirculated Exhaust Fan
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Jetted Tub in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Patio
  • Porch

Schools

  • Brayton Elementary School
  • Summit Middle School
  • Summit High School

Utilities

  • Multiple cooling system units
  • Forced Air Zoned Heating and Cooling System
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2918-02804-0000-00011-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$52,403

Lot Details

0.65 Acres

Parking

3

Listing Details

  • Style: Colonial, Custom Home
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built Description: Approximate
  • County Name: Union
  • Directions: Springfield Avenue or Morris Avenue to Prospect Street
  • I D: 4873679
  • First Name: ANTOINETTE
  • First Name3: SUZANNE
  • Last Name: GEORGE
  • Last Name3: LEAR
  • Office Phone: 212332
  • Office Phone3: 908-868-5245
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Bedroom 1, Great Room, Library, Living Room
  • Number of Fireplaces: 4
  • Appliances: Central Vacuum, Range/Oven-Gas, Refrigerator, Washer, Dishwasher, Self Cleaning Oven, Disposal, Kitchen Exhaust Fan, Dryer, WineRefr
  • Interior Amenities: JacuzTyp, TubShowr, StallShw, Walk-In Closet, StallTub, Carbon Monoxide Detector, High Ceilings, Smoke Detector
  • Bedrooms: 7
  • Master Bedroom Desc: Fireplace, 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, Jetted Tub
  • Bathrooms: 5.10
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Walkout, Finished, Full
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: First
  • Family Room Level: First
  • Kitchen Area: Center Island, Pantry, Eat-In Kitchen, Separate Dining Area
  • Kitchen Dim: 31x16
  • Kitchen Level: First
  • Living Room Dim: 23x17
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Dim: 14x11
  • Other Room1 Level: Second
  • Other Room 2: Bedroom
  • Other Room2 Dim: 17x14
  • Other Room2 Level: Third
  • Other Room 3: Loft
  • Other Room3 Dim: 21x16
  • Other Room3 Level: Third
  • Other Room 4: FamilyRm
  • Other Room4 Dim: 21x21
  • Other Room4 Level: Ground
  • Level 1 Rooms: Laundry Room, MudRoom, Foyer, Library, Living Room, Dining Room, Great Room, Powder Room, Kitchen
  • Level 2 Rooms: 4 Or More Bedrooms, Porch, Bath Main, Bath(s) Other
  • Level 3 Rooms: 1 Bedroom, Loft, Storage Room, Bath(s) Other
  • Estimated Sq Ft: 7500
  • Ground Level Rooms: 1 Bedroom, GarEnter, Bath(s) Other, Family Room
  • Phone: 908-522-1800

Exterior Features

  • Exterior Description: Wood Shingle
  • Exterior Features: Underground Lawn Sprinkler, Patio, Curbs, Open Porch(es), Deck
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Garage Door Opener, Attached Garage, Oversize Garage
  • Number Garage Spaces: 3
  • Parking Driveway Description: 1 Car Width, Blacktop

Utilities

  • Cooling: 2 Units, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 3 Units, Forced Hot Air, Multi-Zone
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

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

Lot Info

  • Lot Size: 125X228
  • Easement: Unknown
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.65

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 52403
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2918-02804-0000-00011-0000-
  • Tax Rate Amount: 4.337
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2018

MLS Schools

  • Grade School: Brayton

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
Feb 26, 2019
Closed on
Aug 7, 2019
Sold by
Bought by
Seller's Agent
ANTOINETTE GEORGE
COMPASS NEW JERSEY, LLC
Buyer's Agent
Suzanne Lear
PROMINENT PROPERTIES SIR
List Price
$2,995,000
Sold Price
$2,650,000
Premium/Discount to List
-$345,000
-11.52%
Current Estimated Value
$4,381,422

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,731,422
Avg. Annual Appreciation
7.57%
Original Mortgage
$2,120,000
Outstanding Balance
$1,860,531
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$2,520,891

Purchase Details

Closed on
Jun 28, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.55%

Purchase Details

Closed on
May 11, 2000
Sold by
Bought by

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
6.87%

Purchase Details

Closed on
May 14, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,150,000
Interest Rate
6.88%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$2,650,000 Acres Land Title Agency Llc
$250,000 --
$1,600,000 --
$650,000 Beachwood Title Agency Inc
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 $2,120,000
Previous Owner $200,000
Previous Owner --
Previous Owner $1,000,000
Previous Owner $1,150,000
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
08/13/2019 08/13/19 Sold $2,650,000 -11.5% $353 / Sq Ft
06/13/2019 06/13/19 Pending -- -- --
02/26/2019 02/26/19 For Sale $2,995,000 -- $399 / Sq Ft
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
2025 $53,727 $1,233,400 $363,500 $869,900
2024 $52,283 $1,233,400 $363,500 $869,900
2023 $52,283 $1,208,300 $363,500 $844,800
2022 $51,751 $1,208,300 $363,500 $844,800
2021 $52,162 $1,208,300 $363,500 $844,800
2020 $52,682 $1,208,300 $363,500 $844,800
2019 $52,742 $1,208,300 $363,500 $844,800
2018 $52,404 $1,208,300 $363,500 $844,800
2017 $52,742 $1,208,300 $363,500 $844,800
2016 $51,969 $1,208,300 $363,500 $844,800
2015 $50,954 $1,208,300 $363,500 $844,800
2014 $49,637 $1,208,300 $363,500 $844,800
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2019

    ANTOINETTE GEORGE

    COMPASS NEW JERSEY, LLC

  • S

    Buyer's Agent in 2019

    Suzanne Lear

    PROMINENT PROPERTIES SIR

    (908) 376-2720

    117 Total Sales

    Suzanne Lear
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3535203

Garden State MLS

APN: 18-02804-0000-00011

New Jersey Union County Summit 07901

96 Prospect St, Summit, NJ

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