NOT LISTED FOR SALE

7 Irving Place Summit, NJ 07901

Estimated Value: $1,422,814 - $1,753,000

8 Beds
4 Baths
-- Sq Ft
5,358 Sq Ft Lot

Last Sold June 15, 2022

Last sale price $1,350,000

Est. 22% increase in value since last sale

Current estimated payment $10,203/month

17 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Porch
  • L C Johnson Summit Middle School Rated A+
  • 2 Car Detached Garage
  • Butlers Pantry

About This Home

As of June 2022

BEST AND FINAL DUE MONDAY 4:00 - guidelines under media tab on GSMLS. RARE OPPORTUNITY TO OWN A THREE UNIT PROPERTY IN DOWNTOWN SUMMIT. Perfectly located with access to mid town direct train, restaurants, shops, and schools. Two discreet driveways affords an abundance of parking. Unit #1 7A occupies the entire left side of the property with 4 floors of expansive living. Enter through the enclosed Porch to the open Living Room and Dining Room, a renovated Kitchen with Full Bath completes the first floor. Three bedrooms, a sun porch, and a hall bath reside on the second floor. An additional bedroom, an office, and storage space are located on the 3rd floor. The partially finished basement has room for leisure. Laundry and Utilities round out the lower level of Unit 1. The other 2 units share the right side of the property. Unit #2 7B is a first floor spacious Studio with Bedroom, Living space, Kitchen and a Full Bath. Buyers access the Front Porch, Rear Porch, Rear Yard, and unfinished Basement (ample storage) from this unit. Unit #3 7B encompasses the 2nd and 3rd floors, Kitchen, Living Room, 3 Bedrooms, Office, Sun Porch and Full Bath make for plenty of space. There are 2 discreet meters for utilities, one for each side. This is a versatile property - an opportunity awaits.

Last Listed By

KRISTEN PIEROTTI

PROMINENT PROPERTIES SIR Listed on: 03/22/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,458

Year Built

  • Built in 1918

Lot Details

  • Level Lot
  • Property is zoned R-5

Parking

  • 2 Car Detached Garage
  • Private Driveway
  • Additional Parking

Home Design

  • Colonial Architecture

Interior Spaces

  • Ceiling Fan
  • Carbon Monoxide Detectors
  • Dryer
  • Partially Finished Basement

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Gas Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Porch

Schools

  • Lincoln-Hubbard Elementary School
  • Summit Middle School
  • Summit High School

Utilities

  • Multiple Heating Units
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2918-02613-0000-00006-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,458

Year Built

Built in 1918

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1918
  • Year Built Description: Approximate
  • County Name: Union
  • Possible Other Uses: Multi-Family
  • Street Number Display: 7
  • Directions: Summit Ave to Franklin Ave to Irving Place. Hobart Ave to Franklin Ave to Irving Place.
  • I D: 5133143
  • Modified: 2023-06-16
  • Number Images: 23
  • Section Subdiv Development: In Town
  • First Name: KRISTEN
  • First Name2: SUZANNE
  • First Name3: KAREN
  • Last Name: PIEROTTI
  • Last Name2: LEAR
  • Last Name3: LYMAN
  • Office Phone: 908-273-8808
  • Office Phone2: 908-868-5245
  • Office Phone3: 908-273-8088
  • Attribution Contact: null
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Laminate, Wood
  • Appliances: Carbon Monoxide Detector, Dishwasher, Dryer, Range/Oven-Electric, Range/Oven-Gas, Refrigerator
  • Number Rooms: 22
  • Bedrooms: 8
  • Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Yes
  • Basement Description: Bilco-Style Door, Finished-Partially
  • Kitchen Area: Eat-In Kitchen, Pantry

Exterior Features

  • Exterior Description: Stucco
  • Exterior Features: Curbs, Open Porch(es), Sidewalk
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 6
  • Parking Driveway Description: 1 Car Width, Additional Parking, Driveway-Exclusive

Utilities

  • Cooling: Ceiling Fan
  • Fuel Type: Gas-Natural
  • Heating: 2 Units
  • Sewer: Public Sewer
  • Utilities: Electric, Gas In Street
  • Water: Public Water
  • Water Heater: Gas

Schools

  • Elementary School: Lincoln-Hubbard
  • Middle School: Summit MS
  • High School: Summit HS
  • High School: Summit HS
  • Middle Jr High School: Summit MS

Lot Info

  • Lot Size: 61X88
  • Assessed Improvement Value: 171700
  • Assessed Land Value: 116900
  • Assessment: 288600
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 6
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Zoning: R-5

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 12458
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2918-02613-0000-00006-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 4.317
  • Tax Rate Tax: *
  • Tax Rate Year: 2021
  • Tax Year Tax: *
  • Tax Year: 2021

MLS Schools

  • Grade School: Lincoln-Hubbard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2022
Closed on
Jun 8, 2022
Sold by
Feibush David H
Bought by
Hilltop Homes Vii Llc
Seller's Agent
KRISTEN PIEROTTI
PROMINENT PROPERTIES SIR
Buyer's Agent
KAREN LYMAN
PROMINENT PROPERTIES SIR
List Price
$1,099,000
Sold Price
$1,350,000
Premium/Discount to List
$251,000
22.84%
Total Days on Market
17
Current Estimated Value
$1,641,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$291,454
Avg. Annual Appreciation
6.79%

Purchase Details

Closed on
Oct 19, 2021
Sold by
Feibush David H and Estate Of Ellis L Feibush
Bought by
Feibush David H

Purchase Details

Closed on
Jun 14, 1998
Sold by
Feibush Elsie and Feibush Elsie Rand
Bought by
Feibush Ellis

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
Hilltop Homes Vii Llc $1,350,000 Gibraltar Title
Feibush David H -- None Available
Feibush Ellis -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2022 06/15/22 Sold $1,350,000 +22.8% --
04/08/2022 04/08/22 Pending -- -- --
03/22/2022 03/22/22 For Sale $1,099,000 -- --
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 $12,488 $288,600 $116,900 $171,700
2023 $12,488 $288,600 $116,900 $171,700
2022 $12,361 $288,600 $116,900 $171,700
2021 $12,459 $288,600 $116,900 $171,700
2020 $12,583 $288,600 $116,900 $171,700
2019 $12,597 $288,600 $116,900 $171,700
2018 $12,517 $288,600 $116,900 $171,700
2017 $12,597 $288,600 $116,900 $171,700
2016 $12,413 $288,600 $116,900 $171,700
2015 $12,170 $288,600 $116,900 $171,700
2014 -- $288,600 $116,900 $171,700
Source: Public Records

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Source: Garden State MLS

MLS Number: 3770686

Garden State MLS

APN: 18-02613-0000-00006