NOT LISTED FOR SALE

48 Bedford Rd Summit, NJ 07901

Estimated Value: $2,414,657 - $2,542,000

6 Beds
4 Baths
3,604 Sq Ft
$686/Sq Ft Est. Value

Last Sold July 31, 2023

Last sale price $2,125,000 $590 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $16,781/month

8 Days on Market

About This Home

As of July 2023

This home is located at 48 Bedford Rd, Summit, NJ 07901 since 18 May 2023 and is currently estimated at $2,473,552, approximately $686 per square foot. This property was built in 1988. 48 Bedford Rd 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 Listed By

KAREN E. BIGOS

COMPASS NEW JERSEY, LLC Brokerage Phone: 973-310-6816 Listed on: 05/18/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,702

Year Built

  • Built in 1988

Lot Details

  • 0.38

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,702

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Year Built: 1988
  • County Name: Union
  • Street Number Display: 48
  • I D: 5220799
  • Modified: 2024-08-01
  • Number Images: 1
  • Attribution Contact: 973-310-6816
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 6
  • Bathrooms: 3.20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2023
Closed on
Jul 24, 2023
Sold by
Greenstein Neil and Greenstein Lesley
Bought by
Dahiya Nitin and Dahiya Monica
Seller's Agent
KAREN E. BIGOS
COMPASS NEW JERSEY, LLC
Buyer's Agent
Sindee Buchalter
COMPASS NEW JERSEY, LLC
List Price
$1,999,948
Sold Price
$2,125,000
Premium/Discount to List
$125,052
6.25%
Total Days on Market
8
Views
87
Current Estimated Value
$2,473,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$348,552
Avg. Annual Appreciation
7.17%
Original Mortgage
$1,700,000
Outstanding Balance
$1,674,039
Interest Rate
7.38%
Mortgage Type
New Conventional
Estimated Equity
$723,171

Purchase Details

Closed on
Jun 24, 2004
Sold by
Moy Sar Kun
Bought by
Greenstein Neil and Greenstein Lesley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$934,500
Interest Rate
6.32%

Purchase Details

Closed on
Jan 11, 1995
Sold by
Moy Simon H
Bought by
Moy Sar Kun

Range of Values:

Collateral Analytics

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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
Dahiya Nitin $2,125,000 Acres Land Title
Greenstein Neil $1,335,000 --
Moy Sar Kun -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dahiya Nitin $1,700,000
Previous Owner Greenstein Neil $350,000
Previous Owner Greenstein Neil $7,050,000
Previous Owner Greenstein Neil $1,084,000
Previous Owner Greenstein Neil $1,215,000
Previous Owner Greenstein Neil $832,500
Previous Owner Greenstein Neil H $100,000
Previous Owner Greenstein Neil $934,500
Previous Owner Moy Simon $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2023 07/31/23 Sold $2,125,000 +6.3% $590 / Sq Ft
05/26/2023 05/26/23 Pending -- -- --
05/18/2023 05/18/23 For Sale $1,999,948 -- $555 / Sq Ft
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 $35,702 $825,100 $169,900 $655,200
2023 $35,702 $825,100 $169,900 $655,200
2022 $35,339 $825,100 $169,900 $655,200
2021 $35,620 $825,100 $169,900 $655,200
2020 $35,974 $825,100 $169,900 $655,200
2019 $36,016 $825,100 $169,900 $655,200
2018 $34,731 $800,800 $169,900 $630,900
2017 $34,955 $800,800 $169,900 $630,900
2016 $34,442 $800,800 $169,900 $630,900
2015 $33,770 $800,800 $169,900 $630,900
2014 $32,897 $800,800 $169,900 $630,900
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2023

    KAREN E. BIGOS

    COMPASS NEW JERSEY, LLC

  • S

    Buyer's Agent in 2023

    Sindee Buchalter

    COMPASS NEW JERSEY, LLC

    (973) 202-7260

    1 in this area

    23 Total Sales

    Sindee Buchalter
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3844586

Garden State MLS

APN: 18-01103-0000-00005

New Jersey Union County Summit 07901

48 Bedford Rd, Summit, NJ

Homes for Sale in Summit, NJ

This home is located at 48 Bedford Rd, Summit, NJ 07901 since 18 May 2023 and is currently estimated at $2,473,552, approximately $686 per square foot. This property was built in 1988. 48 Bedford Rd 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.

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