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8 Grove Terrace, Summit, NJ 07901 Property Information

8 Grove Terrace, Summit, NJ 07901 Property Information

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  • Owner
  • Documents
  • Tax
  • Neighborhood
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8 Grove Terrace, Summit, NJ 07901
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Address

Primary address 8 Grove Terrace, Summit
Zip code 07901
County Union
Municipality New Providence Borough
Block 122
Lot 11

Sales & Tax Overview for 8 Grove Terrace, Summit

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Sale date 06/07/2012
Sale price $493,500
Arm's length
Property tax $25,995

Lot & Building Information for 8 Grove Terrace, Summit

Building sqft 3,096
Building class Residential (2)
Acreage 0.344
Year built 1958
Stories 1
Garage Attached
Exterior structural material
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Zoning district Single Family Residential (R-2)
Broadband internet providers and speed map
Types of broadband connections map

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 8 Grove Terrace, Summit

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  • • Improvements for 8 Grove Terrace, Summit , including their type, square footage, grade and when they were built.
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About 8 Grove Terrace, Summit

What is the year built & the total sq. ft. for 8 Grove Terrace, Summit, NJ 07901?

8 Grove Terrace, Summit, NJ 07901 was built in 1958 and has a total of 3,096 square feet.

What is the assessed value of 8 Grove Terrace, Summit, NJ 07901 and the property tax paid?

Assessed at $495,900, the tax amount paid for 8 Grove Terrace, Summit, NJ 07901 is $25,995.

When was 8 Grove Terrace, Summit, NJ 07901 last sold and what was the last sale price?

8 Grove Terrace, Summit, NJ 07901 was last sold in 06/07/2012 for $493,500.

Ownership Information

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Real Estate Reports:
Laura Pop-Badiu, May 07, 2026 Locked-In Owners, Mobile Renters: Homeowners Stay Put as Renters Move 3.7x More Across Largest U.S. Cities 
Renters became the primary drivers of long-distance mobility across the largest U.S. cities, moving 3.7 times more than owners in 2024, as high mortgage rates and housing costs kept many homeowners in place.
Eliza Theiss, Apr 23, 2026 $4.6M Hudson Yards Maintains Top Spot, Luxury Sales in Malba Set $2.5M Price Record for Queens
Despite prices declining, Hudson Yards remained the most expensive NYC neighborhood, but TriBeCa’s growth closed the gap to under $400,000, while Malba set a new historic price record for Queens at $2.5 million, securing the highest ranking ever for the borough at #5.
Eliza Theiss, Apr 15, 2026 2026 Q1 Foreclosure Report: Brooklyn Filings Fall Sharply, Bronx & Staten Island Hit New Peaks
Behind a deceptively mild citywide downtick, borough foreclosure markets pulled into significantly diverging paths as Brooklyn cases were nearly halved and the Bronx hit a new, record high. Meanwhile, Queens remained unchanged, Staten Island surged back up and Manhattan cooled slowly.
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Past Sales & Property History for 8 Grove Terrace, Summit

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Purchase date Purchase price Buyer name Seller name
06/07/2012 $493,500
06/30/1995 $204,000
       
       
       
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Title Documents for 8 Grove Terrace, Summit

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Date Type Amount Party 1 Party 2 Maturity Index Document Related documents Doc image
03/03/2022 - D
03/25/2022 - R
Mortgage 04/01/2032
06/07/2012 - D
06/14/2012 - R
Deed and Realty Tax Fees
06/30/1995 - D Deed and Realty Tax Fees
                   
                   
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R: Recorded date
D: Document date

Property Taxes for 8 Grove Terrace, Summit

Access detailed property tax data for 8 Grove Terrace, Summit, NJ 07901. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025
Property tax $25,995
Market value $495,900

Assessment History for 8 Grove Terrace, Summit

Here's the assessment & property tax history for 8 Grove Terrace, Summit, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessment value Total tax rate Property tax Year over year change
2025 $495,900 $495,900 5.242 $25,995 +1.55%
2024 $495,900 $495,900 5.162 $25,598 +3.10%
2023 $495,900 $495,900 5.007 $24,830 +1.40%
2022 $495,900 $495,900 4.938 $24,488 +0.73%
2021 $495,900 $495,900 4.902 $24,309 +0.04%

Risk

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FEMA flood zone(s) X (See more on map)
Fire hazard zone See more on map
Geohazard zones map

Transportation

Access the detailed traffic volume map for 8 Grove Terrace, Summit to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

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Schools

Nearest elementary schools

Name Rating Type Grade range No of students Distance to school (mi)
Salt Brook Elementary School 9 Public K-6 607 0.17
Franklin Elementary School 8 Public 1-5 327 0.55
Primary Center At Wilson NR Public PK, K 202 0.58
Primary Center At Wilson NR Public PK, K 202 0.58
Devel L C New Providence NR Public K-9 74 0.77

Nearest middle schools

Name Rating Type Grade range No of students Distance to school (mi)
Devel L C New Providence NR Public K-9 74 0.77
Oak Knoll School of the Holy Child NR Private PK, K-12 504 0.97
The Academy of Our Lady of Peace NR Private PK-8 146 1.17
New Providence Middle School 7 Public 7-8 398 1.34
L C Johnson Summit Middle School 7 Public 6-8 942 1.36

Nearest high schools

Name Rating Type Grade range No of students Distance to school (mi)
Oak Knoll School of the Holy Child NR Private PK, K-12 504 0.97
Summit Sr High School 7 Public 9-12 1,161 1.11
New Providence High School 7 Public 9-12 666 1.34
Oratory Preparatory School NR Private 7-12 373 1.37
Kent Place School NR Private PK-12 621 1.38

Data provided by GreatSchools.org © 2025. All rights reserved.

Neighbors for 8 Grove Terrace, Summit

Here are the neighbors for 8 Grove Terrace, Summit.

Address Square feet Purchase date Purchase price
40 Grove Ter, Summit 3,050 09/28/2021 $999,000
75 Division Ave, Summit 2,154 01/07/2021 $165,000
69 Division Ave, Summit 1,587 12/08/2000 $287,000
67 Division Ave, Summit 1,708 05/19/2022 $975,000
99 Division Ave, Summit
115 Division Ave, Summit 2,421 06/03/2019 $710,000
82 Central Ave, Summit 3,016 01/15/2026 $1,490,000
73 Division Ave, Summit 1,700 06/25/2015 $1
71 Division Ave, Summit 2,250 09/09/1985 $125,000
65 Division Ave, Summit 1,708 05/30/2025 $1,075,000
111 Division Ave, Summit 2,237 05/22/2013 $1,085,000
72 Central Ave, Summit 2,723 01/09/2026 $1,750,000
81 Division Ave, Summit 2,116 06/13/1995 $177,500
83 Division Ave, Summit
77 Division Ave, Summit 1,564 01/24/2002 $295,000
28 Grove Ter, Summit 2,200 06/28/2022 $925,000
75 Central Ave, Summit 03/17/1977 $61,450
79 Division Ave, Summit 2,106 05/15/2009 $1
20 Grove Ter, Summit 2,758 10/05/2023 $1
63 Division Ave, Summit 1,480 10/29/2018 $515,000

Nearby ZIP Codes for 8 Grove Terrace, Summit

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