| Primary address | 5 Wallace Road, Summit |
| Zip code | 07901 |
| County | Union |
| Municipality | Summit City |
| Block | 104 |
| Lot | 8 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Sale date | 09/27/1988 |
| Sale price | $210,000 |
| Arm's length | Register |
| Property tax | $9,775 |
| Building sqft | 1,514 |
| Building class | Residential (2) |
| Acreage | 0.293 |
| Year built | 1935 |
| Stories | 2 |
| Exterior structural material | Register |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Property reports include comprehensive occupancy, improvement and development information (where available).
Create a free account to access valuable data points such as:
5 Wallace Road, Summit, NJ 07901 was built in 1935 and has a total of 1,514 square feet.
What is the assessed value of 5 Wallace Road, Summit, NJ 07901 and the property tax paid?Assessed at $224,400, the tax amount paid for 5 Wallace Road, Summit, NJ 07901 is $10,032.
When was 5 Wallace Road, Summit, NJ 07901 last sold and what was the last sale price?5 Wallace Road, Summit, NJ 07901 was last sold in 09/27/1988 for $210,000.
View detailed property contacts like owners, building management, representatives from permits and tenants with a free account.
Create a free account to view the complete sales history for 5 Wallace Road, Summit, including title documents, transfer conditions, mortgages and liens.
| Purchase date | Purchase price | Buyer name | Seller name |
|---|---|---|---|
| 09/27/1988 | $210,000 | Register | Register |
To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.
R: Recorded date
D: Document date
Access detailed property tax data for 5 Wallace Road, Summit, NJ 07901. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025 |
| Property tax | $9,775 |
| Market value | $224,400 |
Here's the assessment & property tax history for 5 Wallace Road, 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 |
|---|---|---|---|---|---|
| 2024 | $224,400 | $224,400 | 4.356 | $9,775 | +0.67% |
| 2023 | $224,400 | $224,400 | 4.327 | $9,710 | +1.03% |
| 2022 | $224,400 | $224,400 | 4.283 | $9,611 | -0.79% |
| 2021 | $224,400 | $224,400 | 4.317 | $9,687 | -0.99% |
| 2020 | $224,400 | $224,400 | 4.36 | $9,784 | -0.11% |
Create a free account to unlock extended information for 5 Wallace Road, Summit, including whether it's located in FEMA flood zones, floodways or special flood hazard areas, as well as the Coastal barriers resources system area (COBRA).
| FEMA flood zone(s) | X (See more on map) |
| Fire hazard zone | See more on map |
| Geohazard zones map | Register |
Access the detailed traffic volume map for 5 Wallace Road, Summit to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.
| View daily traffic map |
| Name | Rating | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|
| Sprout House | NR | Private | PK-K | 58 | 0.82 |
| Sprout House | NR | Private | PK-K | 58 | 0.82 |
| Washington Elementary School | 9 | Public | 1-5 | 310 | 0.84 |
| The Montessori Children's Academy | NR | Private | PK-K | 107 | 1.04 |
| The Montessori Children's Academy | NR | Private | PK-K | 107 | 1.04 |
| Name | Rating | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|
| Oratory Preparatory School | NR | Private | 7-12 | 373 | 0.93 |
| Eclc Of New Jersey | NR | Private | 1-12 | 177 | 1.09 |
| Kent Place School | NR | Private | PK-12 | 621 | 1.13 |
| St. Patrick School | NR | Private | PK, K-8 | 269 | 1.24 |
| Chatham Middle School | 7 | Public | 6-8 | 877 | 1.46 |
| Name | Rating | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|
| Oratory Preparatory School | NR | Private | 7-12 | 373 | 0.93 |
| Eclc Of New Jersey | NR | Private | 1-12 | 177 | 1.09 |
| Kent Place School | NR | Private | PK-12 | 621 | 1.13 |
| Summit Sr High School | 7 | Public | 9-12 | 1,161 | 1.20 |
| Oak Knoll School of the Holy Child | NR | Private | PK, K-12 | 504 | 1.81 |
Data provided by GreatSchools.org © 2025. All rights reserved.
Here are the neighbors for 5 Wallace Road, Summit.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 25 Wallace Rd, Summit | 1,662 | 09/23/1992 | $207,000 |
| 70 Canoe Brook Pkwy, Summit | 1,882 | 10/27/2025 | $1,510,000 |
| 21 Iris Rd, Summit | 980 | 07/11/2024 | $585,000 |
| 24 Canoe Brook Pkwy, Summit | 2,801 | 03/30/2020 | $583,300 |
| 13 Wallace Rd, Summit | 2,445 | 10/09/2013 | $840,000 |
| 17 Wallace Rd, Summit | 3,726 | 07/27/2022 | $1,595,000 |
| 21 Wallace Rd, Summit | 1,859 | 08/18/2019 | $840,000 |
| 18 Canoe Brook Pkwy, Summit | 2,044 | 11/22/2019 | $587,000 |
| 17 Iris Rd, Summit | 1,140 | 10/24/2018 | $585,000 |
| 66 Canoe Brook Pkwy, Summit | 2,092 | 06/02/2015 | $730,000 |
| 14 Canoe Brook Pkwy, Summit | 1,671 | 05/25/2007 | $645,000 |
| 16 Canoe Brook Pkwy, Summit | 2,411 | 07/13/1984 | $137,500 |
| 181 River Rd, Summit | |||
| 64 Canoe Brook Pkwy, Summit | 2,984 | 06/25/2015 | $579,150 |
| 20 Canoe Brook Pkwy, Summit | 2,941 | 02/14/1995 | $325,000 |
| 2 Rose Ln, Summit | 1,521 | 09/24/2024 | $650,000 |
| 7 Wallace Rd, Summit | 3,408 | 11/07/2006 | $785,000 |
| 72 Canoe Brook Pkwy, Summit | 2,641 | 11/12/2010 | $570,000 |
| 68 Canoe Brook Pkwy, Summit | 1,596 | 01/05/2018 | $637,000 |
| 10 Canoe Brook Pkwy, Summit | 1,798 | 09/29/2022 | $1 |