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735 Summit Ave, River Edge, NJ, 07661

3beds
2baths
1,902sqft
$980,000
$515price/sqft
$6,881/moest. monthly cost
$275,240/yrincome needed

About This Home

Welcome to a classic Dutch Colonial offering timeless charm, thoughtful updates, and an exceptional location in one of Bergen County's most sought-after neighborhoods. Built in 1931 and lovingly maintained, this inviting home features beautifully refinished hardwood floors, freshly painted bedrooms, and a bright, comfortable layout designed for everyday living. The spacious living room showcases an original wood-burning fireplace, original inlaid hardwood floors, and a graceful staircase with wrought-iron detailing. Original leaded stained-glass windows throughout the home add extraordinary period character found in very few properties today. A sun-filled family room and a separate sunroom with private patio access round out the first floor, offering versatile spaces for relaxing or entertaining. The kitchen features white raised-panel cabinetry, granite countertops with a bold natural stone backsplash, and a full suite of stainless steel appliances including a French-door refrigerator (2025), gas range, microwave (2021), and dishwasher (2021). A sunny breakfast and dining area adjacent to the kitchen offers garden views — perfect for morning coffee. Both full bathrooms have been beautifully remodeled. The first-floor bath (remodeled 2025) features a walk-in shower with tile and a warm wood floating vanity. The second-floor bath (remodeled 2022) offers a soaking tub, updated finishes, and a modern vanity. All three bedrooms offer gleaming refinished hardwood floors (2025) and excellent natural light. Major systems provide true peace of mind: new roof (2022), new central AC with attic air handler (2024), crawl space fully encapsulated with a new dehumidifier (2024), gas steam boiler (serviced 2024), and a Generac whole-house gas generator. Outdoors, enjoy a large private backyard with a bluestone patio, outdoor seating area, underground sprinkler system, and a detached one-car garage. The location is hard to beat. Roosevelt Elementary School is directly adjacent to the property. The NJ Transit bus stop is around the corner, and River Edge Station provides direct service to Hoboken and New York Penn Station. Paramus shopping, dining, and major stores are all within easy reach.

Getting Around

76
WalkingVery Walkable
0
TransitVery Limited Transit
42
BikeSomewhat Bikeable

Schools

10/10
8/10
River Dell Middle SchoolGrades 7-80.4 mi
8/10

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1931

Materials

  • Roof: Asphalt
  • Construction materials: Brick,Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Dutch Colonial
  • Property subType: Single Family Residence

Interior

Appliances

  • Laundry features: In Basement

Basement

  • Has basement: Yes
  • Basement: Unfinished,Storage Space

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Granite Counters
  • Flooring: Hardwood,Tile
  • Number of fireplaces: 1
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Baseboard,Humidity Control,Steam
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 1,902 sqft

Property

Details

  • Parcel number: 5200405000000016

Features

  • Exterior features: Private Yard
  • Fencing: Fenced

Lot

  • Lot size: 9,112 sqft

Parking

  • Total spaces: 4
  • Parking features: Garage,Shared Driveway
  • Has garage: Yes
  • Attached garage spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Earthquake
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Inland Flooding
Winter Weather
Cold Wave
Earthquake
Heat Wave
Lightning
Strong Wind
Tsunami

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,955$59,460
Home Insurance *$174$2,088
Property Taxes $1,543$18,516
Electricity $209$2,516
Total$6,881$82,572
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$235,920/yr
40% on housing$206,430/yr
45% on housing$183,493/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.7%
8.7%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$515This listing

vs Other Active Listings

Avg $/sqft

ZIP 07661$602
Bergen County$633

vs Homes Sold Last Month

Median $/sqft

ZIP 07661$489
Bergen County$452

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2025-06-14Listing removed$5,100
2025-05-27Listed for rent$5,100
2021-07-07Sold$625,000
2021-04-22Listed for sale$579,000

Coming Soon

AgentAnna G. Krapivina
BrokerageRE/MAX Integrity Advantage

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