Check Availability

23 Edgewood Road

23 Edgewood Road, Summit, NJ 07901
Property in Union
23 Edgewood Road has been categorized by the local assessors in Summit, NJ as a residential type of property. The building on the property was first built in 1948 and is 76 years old. The building has a total of 2 stories. In addition, 23 Edgewood Road has 4,688 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 3,970 ft and across the front of the lot is 1,380 ft. The area measurement of the land has been determined as 54,785 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a Cape Cod style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The exterior walls of the building are made of alum/vinyl siding. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 23 Edgewood Road was last sold in Jun 21, 2018 for $1,850,000. According to our calculations, that's $394.62 per sqft. Prior to that sales transaction, the property was sold for $1,725,000 in Aug 2, 2017. Current property owners are expected to pay $34,387 in taxes per year. The property on 23 Edgewood Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $794,700. To break that down further, the land itself was valued at $473,300. While improvements to the property were assessed at a total of $321,400. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20170730
07/30/2017
6 Bed
6 Bath
-
$1,850,000
bedrooms
6 Bed
bathrooms
6 Bath
$1,850,000
07/03/2018
CYNTHIA BAKER

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Bedroom Count: 0
  • Construction Type: Frame
  • Building Style: Cape Cod
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 54,785
  • Lot Size Depth Feet: 3,970
  • Lot Size Frontage Feet: 1,380
  • Total Building Area: 4,688
  • Building Area: 4,688
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,688
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 1.258
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : KWON YEONG K
  • Current Owner 2: KWON JIYONG JENNIFER
  • Previous Owner : BATES DANIEL BENTON
  • Previous Owner 2: BATES TIFFANI GRACE
  • Owner Before Previous Owner: DOWLING KEVIN
  • Owner Before Previous Owner 2: SERRA EILEEN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Summit City School District
  • Census Tract: 037700

Zoning

  • Zoning: R25

Geography

  • Assessors Map Reference: TAX MAP 34
  • District: 18
  • Parcel: 18 03401-0000-00034
  • Block: 3401
  • Lot: 34
  • Municipality: SUMMIT CITY
  • Latitude: 40.7161
  • Longitude: -74.3505

    Address

  • Full Address: 23 Edgewood Rd
  • Address - House Number: 23
  • Address - Street Name: Edgewood
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Summit
  • Carrier Code: C006
  • 4-Digit Zip Code: 3903
  • Zip Code: 07901

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $34,387

    Appraisal Valuation

  • Standard Deviation: 0.1997
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 73
  • Final Value: 2,310,040
  • High Value: 2,771,365
  • Low Value: 1,848,714

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $925,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Jul 03, 2018
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $925,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2048

    Market Valuation

  • Market Total Value: $794,700
  • Market Land Value: $473,300
  • Market Improvement Value: $321,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $794,700
  • Assessed Land Value: $473,300
  • Assessed Improvements Value: $321,400

    Sales

  • Current Sale Contract Date: Jun 21, 2018
  • Current Sale Recording Date: Jul 03, 2018
  • Current Sale Transaction ID: 11480253862
  • Current Sale Price: $1,850,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 301741
  • Previous Sale Recording Date: Aug 16, 2017
  • Previous Sale Contract Date: Aug 02, 2017
  • Previous Sale Amount: $1,725,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Jul 03, 2018
  • First Mortgage Loan Amount: $925,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Jul 01, 2048

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: BID LLC
  • Previous Mortgage Transaction Date: Aug 16, 2017
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $1,466,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Sep 01, 2047

About Summit



Similar Buildings

Property at 23 Edgewood Road,

268 Springfield Avenue

  • 1 Unit for Sale
  • 2 Stories
268 Springfield Avenue, Summit, NJ 07901
Property at 23 Edgewood Road,

108 Morris Avenue

  • 1 Unit for Sale
  • 2 Stories
108 Morris Avenue, Summit, NJ 07901
Property at 23 Edgewood Road,

133 Summit Avenue

  • 1 Unit for Sale
  • 4 Stories
133 Summit Avenue, Summit, NJ 07901
Property at 23 Edgewood Road,

16 Glenside Avenue

  • 1 Unit for Sale
  • 2 Stories
16 Glenside Avenue, Summit, NJ 07901
Property at 23 Edgewood Road,

59 Eggers Court

  • 1 Unit for Sale
  • 2 Stories
59 Eggers Court, Summit, NJ 07901
Property at 23 Edgewood Road,

11 Euclid Avenue

  • 1 Unit for Sale
11 Euclid Avenue, Summit, NJ 07901
Property at 23 Edgewood Road,

16 Sayre Street

  • 1 Unit for Sale
  • 2 Stories
16 Sayre Street, Summit, NJ 07901
Property at 23 Edgewood Road,

41 Russell Place

  • 1 Unit for Sale
  • 2 Stories
41 Russell Place, Summit, NJ 07901
Property at 23 Edgewood Road,

75 Essex Road

  • 1 Unit for Sale
  • 2 Stories
75 Essex Road, Summit, NJ 07901

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 23 Edgewood Road located in?
The 23 Edgewood Road is a located in the neighborhood of Union in Summit, Summit.
What is the average sales price for listings in 23 Edgewood Road?
The average sales price for units in 23 Edgewood Road is $1,850,000 currently.

Quantcast