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75 Fernwood Road

75 Fernwood Road, Summit, NJ 07901
Property in Union
Sold Sep 18, 2020
$3,000,000
$2,160,000 by Wells Fargo Bank Na
Mortgage Due Oct 01, 2050
Sold Nov 12, 2010
$787,500
75 Fernwood Road in Summit, NJ was first built in 2012 and is 12 years old. This has been categorized as a residential property type. It is a single story home. 75 Fernwood Road has 3,790 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 1,100 ft and the linear feet between the front and back of the lot is 1,510. In total, the area measurement of the land is 16,609 square feet.

Learn more about the property and building on this page. The exterior walls of the home are made of brick. 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, 75 Fernwood Road was last sold in Aug 31, 2020 for $3,000,000. According to our calculations, that's $791.56 per sqft. Prior to that sales transaction, the property was sold for $787,500 in Oct 22, 2010. Current property owners are expected to pay $30,821 in taxes per year. The property on 75 Fernwood Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $712,300. To break that down further, the land itself was valued at $202,900. While improvements to the property were assessed at a total of $509,400. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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.

Building Info

Overview

    General

  • Year Built: 2012
  • Effective Year Built: 2012
  • Bedroom Count: 0
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 16,609
  • Lot Size Depth Feet: 1,510
  • Lot Size Frontage Feet: 1,100
  • Total Building Area: 3,790
  • Building Area: 3,790
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,790
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.381
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : MARTINDALE BRANDON
  • Current Owner 2: MARTINDALE JESSICA
  • Previous Owner : BUCCOLA JAMES A
  • Previous Owner 2: BUCCOLA LAURA A
  • Owner Before Previous Owner: ABBATE BENALDO M
  • Owner Before Previous Owner 2: ABBATE EMELINDA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R15

Geography

  • Assessors Map Reference: TAX MAP 22
  • District: 18
  • Parcel: 18 02203-0000-00006
  • Block: 2203
  • Lot: 6
  • Municipality: SUMMIT CITY
  • Latitude: 40.7279
  • Longitude: -74.3519

    Address

  • Full Address: 75 Fernwood Rd
  • Address - House Number: 75
  • Address - Street Name: Fernwood
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Summit
  • Carrier Code: C013
  • 4-Digit Zip Code: 2956
  • Zip Code: 07901

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $30,821

    Appraisal Valuation

  • Standard Deviation: 0.191
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 1,836,739
  • High Value: 2,187,573
  • Low Value: 1,485,904

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,160,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Sep 18, 2020
  • First Open Lien Mortgage Loan Amount: $2,160,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2050

    Market Valuation

  • Market Total Value: $712,300
  • Market Land Value: $202,900
  • Market Improvement Value: $509,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $712,300
  • Assessed Land Value: $202,900
  • Assessed Improvements Value: $509,400

    Sales

  • Current Sale Contract Date: Aug 31, 2020
  • Current Sale Recording Date: Sep 18, 2020
  • Current Sale Transaction ID: 11790511777
  • Current Sale Price: $3,000,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 328164
  • Previous Sale Recording Date: Nov 12, 2010
  • Previous Sale Contract Date: Oct 22, 2010
  • Previous Sale Amount: $787,500
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Sep 18, 2020
  • First Mortgage Loan Amount: $2,160,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

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Frequently Asked Questions

What neighborhood is 75 Fernwood Road located in?
The 75 Fernwood Road is a located in the neighborhood of Union in Summit, Summit.
What is the average sales price for listings in 75 Fernwood Road?
The average sales price for units in 75 Fernwood Road is $0 currently.

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