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Summit NJ Sold Homes - March 2008
Summit, NJ's real estate market offers a wide variety of homes for every price range. Where else can a first time buyer be able to afford buying into a town filled with multi-million dollar homes of distinction?
It is this variety that allowed Summit, NJ to become the diverse community so many buyers find desirable. It also remains a place filled with long time residents proud of the town they helped shape.
This ideal New York City commuter community truly offers an environment fit for all. The perfect expression of Summit's ability to capture individuals of all walks of life is seen through a given month's real estate statistics.
Every price range is accounted for and sells like a well oiled machine. I hope you find these sold property statistics to be beneficial. If you are interested in find a Summit, NJ home currently active on the market please visit my GSMLS page. Here you will gain free access to the Garden State Multiple Listing Service.
| Close Date | Address | Original List Price | List Price | Sales Price | LP/SP | DOM | Rooms | Beds | Baths | Style | |
| 3/3/2008 | 328 | MOUNTAIN AVE* | $ 2,245,000 | $ 2,165,000 | $ 2,025,000 | 90% | 160 | 16 | 7 | 5 | Colonial |
| 3/3/2008 | 103 | Park Avenue B-5 | $ 459,000 | $ 429,900 | $ 390,000 | 85% | 141 | 7 | 3 | 2 | TwnIntUn |
| 3/3/2008 | 45 | HUNTLEY RD* | $ 389,000 | $ 389,000 | $ 397,000 | 102% | 7 | 7 | 3 | 1 | Ranch |
| 3/8/2008 | 67-75 | New England Avenue | $ 489,000 | $ 489,000 | $ 489,000 | 100% | 16 | 6 | 2 | 2 | TwnEndUn |
| 3/10/2008 | 28 | MONTROSE AVE* | $ 995,000 | $ 995,000 | $ 945,000 | 95% | 141 | 9 | 4 | 2 | Colonial,Custom |
| 3/10/2008 | 129 | Broad Street | $ 425,000 | $ 425,000 | $ 435,000 | 102% | 18 | 5 | 3 | 2 | Colonial |
| 3/12/2008 | 28 | Milton Avenue | $ 489,000 | $ 489,000 | $ 467,000 | 96% | 45 | 8 | 3 | 1 | SplitLev |
| 3/13/2008 | 25 | GLEN OAKS AVENUE | $ 1,049,000 | $ 1,049,000 | $ 999,999 | 95% | 16 | 11 | 5 | 3 | Colonial |
| 3/14/2008 | 11 | HILLVIEW TERRACE | $ 1,500,000 | $ 1,500,000 | $ 1,425,000 | 95% | 28 | 8 | 4 | 2 | Colonial |
| 3/14/2008 | 37 | Fairview Avenue | $ 729,000 | $ 699,000 | $ 660,000 | 91% | 37 | 8 | 3 | 1 | Colonial |
| 3/17/2008 | 43 | TANGLEWOOD DR* | $ 1,269,000 | $ 1,269,000 | $ 1,200,000 | 95% | 39 | 10 | 5 | 3 | Colonial,SplitLev |
| 3/25/2008 | 76 | New England Ave | $ 405,000 | $ 405,000 | $ 405,000 | 100% | 16 | 5 | 2 | 1 | TwnEndUn |
| 3/26/2008 | 35 | EDISON DR* | $ 459,000 | $ 399,900 | $ 390,000 | 85% | 143 | 7 | 4 | 2 | CapeCod |
| 3/26/2008 | 232 | OAK RIDGE AVE* | $ 2,795,000 | $ 2,795,000 | $ 2,650,000 | 95% | 19 | 14 | 5 | 5 | Tudor |
| 3/28/2008 | 777 | Springfield Avenue | $ 399,000 | $ 399,000 | $ 375,000 | 94% | 114 | 5 | 2 | 2 | TwnIntUn |
| 3/28/2008 | 241 | ASHLAND RD* | $ 645,900 | $ 645,900 | $ 625,000 | 97% | 86 | 9 | 3 | 3 | SplitLev |
| 3/31/2008 | 49 | Prospect Hill Avenue | $ 3,750,000 | $ 3,500,000 | $ 3,200,000 | 85% | 232 | 0 | 0 | 0 | SeeRem |
| 3/31/2008 | 26 | MOUNTAIN AVE* | $ 779,000 | $ 779,000 | $ 740,000 | 95% | 121 | 11 | 7 | 3 | Victrian |
| 3/31/2008 | 67-75 | New England Avenue, 73A | $ 489,000 | $ 489,000 | $ 489,000 | 100% | 160 | 6 | 2 | 2 | TwnEndUn |
| 3/31/2008 | 145 | Ashland Road | $ 769,000 | $ 769,000 | $ 747,000 | 97% | 115 | 9 | 3 | 2 | Tudor |
| 3/31/2008 | 9 | Bedford Road | $ 1,025,000 | $ 1,025,000 | $ 985,000 | 96% | 20 | 10 | 4 | 2 | Colonial |
Sincerely,
Michael Pennisi
908.656.3858
Interested in Learning More about Real Estate - Click Below
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Summit NJ Sold Homes - February 2008
It is this variety that allowed Summit, NJ to become the diverse community so many buyers find desirable. It also remains a place filled with long time residents proud of the town they helped shape.
This ideal New York City commuter community truly offers an environment fit for all. The perfect expression of Summit's ability to capture individuals of all walks of life is seen through a given month's real estate statistics.
Every price range is accounted for and sells like a well oiled machine. I hope you find these sold property statistics to be beneficial. If you are interested in find a Summit, NJ home currently active on the market please visit my GSMLS page. Here you will gain free access to the Garden State Multiple Listing Service.
| Close Date | Address | Original List Price | List Price | Sales Price | LP/SP | DOM | Rooms | Beds | Baths | Style | |
| 2/1/2008 | 180 | Canoe Brook Parkway | $ 795,000 | $ 774,000 | $ 755,250 | 95% | 98 | 6 | 3 | 2 | Colonial |
| 2/4/2008 | 67-75 | New England Avenue | $ 489,000 | $ 489,000 | $ 465,000 | 95% | 15 | 6 | 2 | 2 | TwnEndUn |
| 2/8/2008 | 20 | RUTHVEN PL* | $ 1,245,000 | $ 1,195,000 | $ 1,150,000 | 92% | 98 | 9 | 5 | 3 | Colonial,Victrian |
| 2/12/2008 | 417 | MORRIS AVE UNIT 38 | $ 369,000 | $ 349,000 | $ 342,000 | 93% | 177 | 5 | 2 | 1 | TwnIntUn |
| 2/14/2008 | 18 | Druid Hill Road | $ 1,399,000 | $ 1,399,000 | $ 1,327,000 | 95% | 0 | 11 | 5 | 3 | Colonial |
| 2/15/2008 | 144 | Kent Place Blvd | $ 1,549,000 | $ 1,399,000 | $ 1,267,500 | 82% | 184 | 15 | 8 | 5 | Colonial |
| 2/15/2008 | 235 | ASHLAND RD* | $ 509,000 | $ 509,000 | $ 480,000 | 94% | 0 | 5 | 2 | 2 | CapeCod |
| 2/19/2008 | 67-75 | New England Avenue, 75E | $ 899,000 | $ 749,000 | $ 720,000 | 80% | 313 | 8 | 3 | 3 | OneFloor,FirstFlr |
| 2/27/2008 | 133 | Summit Avenue Unit #39 | $ 365,000 | $ 339,000 | $ 330,000 | 90% | 94 | 4 | 2 | 1 | OneFloor |
| 2/29/2008 | 10 | LEWIS AVE* | $ 469,000 | $ 449,000 | $ 430,000 | 92% | 120 | 7 | 2 | 2 | Colonial |
| 2/29/2008 | 281 | Kent Place Boulevard | $ 475,000 | $ 475,000 | $ 505,000 | 106% | 12 | 6 | 3 | 1 | Colonial |
Sincerely,
Michael Pennisi
908.656.3858
Interested in Learning More about Real Estate - Click Below
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Interest Rate Drop, signals time to buy Summit NJ Real Estate
With the real estate markets in most of New Jersey stabilized and some real estate markets already moving higher, the new lower interest rates brought about by the feds takeover of freddy and fanny are a good signal to buy while the buying is good.
Some of the real estate markets such as the Summit NJ Real Estate market really did not turn down much. For example for the entire year of 2007 the average selling price of a home in Summit New Jersey was actually 2% higher than in 2006. Now Summit is poised to move up faster than the average town in New Jersey, why? the locals know.
Interested in finding out more about the Summit NJ real estate market as well as all the surrounding markets visit jboyerhomes.com where you can find all kinds of great local information for many of the great towns of Northern New Jersey.
James Boyer
Summit NJ REALTOR
RE/MAX Properties Unlimited
973-647-0253 Direct
973-539-6300 Office
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Happy Fathers Day!!!
Summit Farmers Market opened this morning, Sunday, June 15 at the corner of Maple Street and DeForest Avenue and will be open every Sunday through November 23rd from 8am-1:30pm.
Look who is there this year:

Brownie Points Bakery
Cherry Grove Farm (organic)
Coffee Afficionado
Corner-Copia Farm
Hoboken Farms (prepared & frozen foods, fresh breads)
Jakey & Rachie (fresh baked granola & fresh squeezed juices)
Key Ingredient Catering
PickleLicious
Race Farm
Shore Catch
Stefans & Sons (homemade sausages)
Vacchiano Farm
Valley Shepherd Creamery
If you are looking for a home in Summit please contact Perri K. Feldman at Perri@MidtownDirectHomes.com.
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Summit New Jersey is a very family-oriented town. Summit High School prepares students to be responsible and productive high-achievers in this competitive and evolving society. Read about Summit NJ Schools...
Susan Zanzonico - Summit NJ Realtor
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