55 Templar Way, Summit, NJ 07901 Property Records

Union County and Summit City property record for 55 Templar Way, Summit, NJ 07901

Property Summary

Property Type	Single Family Home
Details	3,752 sqft · built 1935
Lot Size	0.351 acres (15,298 sqft)
Owner	2 Individual Names on Record
Last Sale	$775,000 (Sep 1993)
Tax Bill	$35,768 (2025)
Deeds & Mortgages	Sep 2021 Mortgage
Flood Zone	Zone X (minimal risk)
APN	`18-02405-0000-00010`

Property Details

APN / Parcel Number

Primary APN	`18-02405-0000-00010`
Alternative APNs	`1800182000000024` `180240500010`

Interior

Stories	2 Stories
Building Area	3,752 sqft Living Area

Exterior

Year Built	Built 1935
Effective Year Built	Effective 1935
Architectural Style	Cape Cod
Exterior Material	Aluminum/Vinyl
Construction Type	Frame
Lot Area	15,298 sqft (0.351 acres)
Lot Dimensions	153 ft deep x 100 ft wide

Location & Zoning

Old Parcel Number	1800182000000024
Street Address	55 TEMPLAR WAY
City	SUMMIT
State	NJ
Zip	07901-3730
Property Category	Residential
Property Type	Residential > Single Family > Home
Local Zoning Code	R15
Legal Subdivision	IVANHOE PARK
Legal Block	2405
Legal Lot Number	10
Jurisdiction	UNION NJ
Township / Civil Division	SUMMIT
Census Block Group	2
Census Block	2012
Census Tract	37700

Owner

Source: Union County and Summit City records, as of July 8, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	2 Individual Names on Record
Mailing Address	55 TEMPLAR WAY, SUMMIT, NJ 07901-3730
Occupancy	Owner Occupied
Owner Type	Individual

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Sep 8, 1993 · Amount on Record
Deed Sale	Sep 8, 1993 · Amount on Record
Prior Sale	Aug 13, 1993 · Amount on Record
Record Updated	Sep 20, 2026

September 2021: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	UNION NJ
Property Address	55 TEMPLAR WAY, SUMMIT, NJ 07901-3730
Transaction Type	Mortgage
Record Updated	Oct 13, 2021
Title Company	FIRST AMERICAN TITLE, FIRST AMERICAN TITLE INS CO

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0150672909
Date	Sep 29, 2021
Book Page	15067/2909
Instrument	21853

Lender

Name	WELLS FARGO BANK NA
Type	Bank
Address	SIOUX FALLS, SD 57104

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	358 Months
Due	Jul 1, 2051

Interest

Rate Type	Adjustable Rate
Rate	2.5%
Type Change Date	Jul 1, 2028
Change Frequency	6 Months
Min Rate At Change	2.75%
Max Rate At Change	4.5%
Index	Other
Max Rate	7.5%

Tax Assessment & Valuation

Source: Union County and Summit City assessment roll, as of July 8, 2026

Property Jurisdictions

Type	Name
State	New Jersey
County	Union County
Municipality	Summit City
Unified School District	Summit City School District (KG - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026		$800,000 (-) Land $212,800 Building $587,200	$800,000 (-) Land $212,800 Building $587,200
2025	$35,768.00 (+2.64%)	$800,000 (-) Land $212,800 Building $587,200	$800,000 (-) Land $212,800 Building $587,200
2024	$34,848.00 (+1.7%)
2023		$800,000 Land $212,800 Building $587,200	$800,000 Land $212,800 Building $587,200
2022	$34,264.00

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

Source: FEMA National Flood Hazard Layer, effective September 24, 2020 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Policies	4 in force
Nearby Flood Claims	7 (1978–2021)
Claims Outside the SFHA	4 of 7
Most Recent Claim	Sep 2021 · Remnants Of Hurricane Ida
Claims by Event	Severe Storms And Flooding, Mar 2010 · 2 claims

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 97% of the US · lower than 92% of New Jersey
Wildfire Likelihood	Under 0.01% annual chance
Exposure	None beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	NJ AMERICAN WATER - SHORT HILLS private · serves 217,230 people · EPA ID NJ0712001
Water Source	Surface water
Last State Inspection	Nov 2022
Lead	3 ppb (2026) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	1 last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 236 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Verizon Fiber	2,300 / 2,300
Xfinity Cable	2,000 / 250