54 Templar Way Summit, NJ $ 5,495,000
54 Templar Way
$ 5,495,000
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54 Templar Way

Summit, NJ, 07901
$ 5,495,000
Bedrooms6 Baths7.1 Sq 8,696

Monthly Estimate*

$ 37,953

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Single Family Home for sale in Summit, NJ

for $5,495,000 with 6 bedrooms and 7 full baths, 1 half bath. This 8,696 square foot home was built on a lot size of 0.65.

Rare opportunity to own this newer Colonial that is your dream home ideally located on .65 acres on a tranquil street in Summit's coveted Northside. This stunning home has been renovated to perfection by top builder, architect & interior designer in 2016. Has the ideal floor plan w/ stunning gourmet eat-in kitchen w/ center island, custom cabinetry, top of the line SubZero, Fisher & Paykel & Wolf appliances, totally open to fam room w/ linear gas FP & coffered ceiling. There are 2 beautiful offices & a bright, relaxing living room, each w/ custom built-ins. There is easy 1st floor access to a spectacular private park-like property surrounded by mature hedges w/ heated pavilion w/ outdoor TV over FP, summer kitchen w/ Lynx BBQ, pizza oven, refrigerator as well as saltwater pool w/ electronic pool cover & fire pit. A changing area, full bath & stackable laundry w/ tile floor are steps away. The magazine worthy primary ste has a bedroom w/gas FP & sitting area, 2 walk-in custom closets, & a spa-like bath w/ radiant heated floors. 3 more en suite bedrooms & a laundry room are on the 2nd floor. 5th bedroom suite is on the 3rd floor. The lower level is beautifully finished with a massive rec room w/ wet bar, guest bedroom, full bath, mudroom w/ 4 double closets, radiant heated floors & dumbwaiter to the 1st & 2nd floors, and oversized heated 3-car garage totally outfitted for storage. Has Smart house features to manage your own private oasis in an ideal Northside Summit location!

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Single Family Active

Price

$ 5,495,000

Bedrooms

6

Full Bath

7

Half Bath

1

Property Type

Single Family

Taxes

$ 68,240

Style

Colonial

Lot Size

0.65

Town/City

Summit

County/Region

Union

MLS | Web ID

4063380

Features
Interior
Interior Amenities Blinds CODetect AlrmFire CeilHigh SecurSys SmokeDet StallShw WlkInCls WndwTret
Basement Finished Full
Flooring Marble Tile Wood
Total Fireplaces 4
Fireplace Features Bedroom 1 Family Room Gas Fireplace Kitchen
Other Room 1 Level Third
Kitchen Level First
Living Room Level First
Other Room 4 Level Second
Dining Room Level First
Den Level First
Other Room 2 Level Basement
Other Room 3 Level Basement
Family Room Level First
In-Law Suite Yes
Fuel Type Gas-Natural
Half Baths 1
Total Bedrooms 6
Kitchen Dimensions 20x18
Kitchen Features Center Island Eat-In Kitchen
Den Dimensions 20x10
In-Law Suite Description Bedroom 1 Full Bath
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General
Sewer Public Sewer
Heating 4+ Units Forced Hot Air Multi-Zone Radiant - Electric
Cooling 4+ Units Central Air Multi-Zone Cooling
Utilities Electric Gas-Natural
Possession TBD
Roof Asphalt Shingle
Appliances Carbon Monoxide Detector Dishwasher Dryer Generator-Built-In Kitchen Exhaust Fan Microwave Oven Range/Oven-Gas Refrigerator Wall Oven(s) - Electric Washer
Water Heater Gas
Zoning Residential
Garage Spaces 3
Architectural Style Colonial
Pool Features Gunite Heated In-Ground Pool Outdoor Pool
Exclusions See Listing Agent
Year Built 9999
Garage Built-In Garage Finished Garage Garage Door Opener
Township Summit City
Tax Year 2025
Ownership Fee Simple
Accessibility No
County Union
Subdivision Name Northside
Total Rooms 17
Full Baths 7
Status Active
Directions Springfield ave to Essex to Robinhood to Templar Way.
High School Summit HS
Elementary School Lincoln-Hubbard
Tax Annual Amount 68240
Home Warranty Y/N No
Middle/Junior High School Summit MS
Drive 1 Car Width Additional Parking Blacktop Driveway-Exclusive
Standard Status Active
Tax Assessed Value 1526300
Town # 2918
Tax Lot 2
Primary Style Colonial
Sub Property Type Single Family
Community Living No
Farm Assessment No
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Exterior
Exterior Amenities Barbeque Curbs OutDrKit Patio FencPriv Storage ThrmlW&D Sprinklr
Pool Yes
Lot Features Level Lot Skyline View
Water Source Public Water
Exterior Description Clapboard Stone
Lot Dimensions 123X190
Lot Size Acres 0.65
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* Excluded Features
List By
Arlene Gonnella

Listing Agent

Weichert Realtors

Broker

Short Hills

Office

(201) 306-1357

Phone

Affordability Calculator

$43,639
Per Month
87%
13%
0%
Monthly Principal & Interest
$37,953
Monthly Property Taxes
$5,687
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
289020 Elementary School
290614 Middle School
Summit HS High School
Pricing History
DatePricePrice ChangeDescription
11/6/2026$5,495,000 Listed Price

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54 Templar Way, Summit, NJ, 07901 is a Single Family Home for sale at $5,495,000 with 8,696 sqft and a lot size of 0.65. 54 Templar Way has 6 bedrooms and 7.1 baths. The property's zip code is 07901 which is in Summit, NJ