40-42 River Road, Summit, NJ 07901
40-42 River Road, Summit, NJ 07901
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Property Details
| Property address | 40-42 River Rd, Summit, NJ 07901 |
| County | Union |
| Acreage | 0.803 |
| Property class | Auto Showroom (030) |
| Zoning | Register |
| Square footage | 14,972 |
| Year built | 1963 |
About 40-42 River Road, Summit
This Auto Showroom (030) located at 40-42 River Road, Summit, NJ 07901 has a total of 14,972 square feet and a current price per square foot of $180.
What is the year built & the current market value of 40-42 River Road, Summit, NJ 07901?40-42 River Road, Summit, NJ 07901 was built in 1963 and has a current tax assessor's market value of $2,818,600.
Ownership Information
For property contacts like owners, building management, representatives from permits, tenants and registered voters, please register.
Sales & Property History for 40-42 River Road, Summit
Sales information and other title documents for 40-42 River Road, Summit. Coverage and historic records vary depending on the area the property is located in.
Title Documents for 40-42 River Road, Summit
Records go back to 1966 and include the complete history of deeds, mortgages, assignments of leases and rents, and more! Plus, document images are one-click away.
View Title Documents
R: Recorded date
D: Document date
Property Taxes for 40-42 River Road, Summit
Access detailed property tax data for 40-42 River Road, Summit, NJ 07901. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2023 |
| Property tax: | $120,721 |
| Land value: | $466,300 |
| Building value: | $2,352,300 |
| Market value: | $2,818,600 |
Assessment History for 40-42 River Road, Summit
Here's the assessment & property tax history for 40-42 River Road, Summit, including the evolution of the total tax rate and corresponding property tax.
| Year | Property class | Market value | Assessment value | Total tax rate | Property tax |
|---|---|---|---|---|---|
| 2022 | Commercial | $2,818,600 | $2,818,600 | 4.283 | $120,721 |
| 2021 | Commercial | $2,818,600 | $2,818,600 | 4.317 | $121,679 |
| 2020 | Commercial | $2,818,600 | $2,818,600 | 4.36 | $122,891 |
| 2019 | Commercial | $2,818,600 | $2,818,600 | 4.365 | $123,032 |
| 2018 | Auto Show Room | $2,818,600 | $2,818,600 | 4.337 | $122,243 |
Neighbors for 40-42 River Road, Summit
Here are the neighbors for 40-42 River Road, Summit.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 86 River Rd, Summit | 10/01/2009 | $1 | |
| 68-78 River Rd, Summit | 30,301 | 12/23/2011 | $1,900,000 |
| 283 Woodland Ave, Summit | 1,368 | 04/24/2018 | $1 |
| 275 Woodland Ave, Summit | 2,098 | 05/06/2022 | $1,250,000 |
| 273 Woodland Ave, Summit | 2,060 | 11/22/2004 | $1 |
| 44 Chatham Rd, Summit | 10/08/2019 | $310,000 | |
| 36 River Rd, Summit | 07/01/2011 | $2,700,000 | |
| 82 River Rd, Summit | 10/01/2009 | $1 | |
| 80 River Rd, Summit | 1,248 | 10/01/2009 | $1 |
| 32 River Rd, Summit | |||
| 92 River Rd, Summit | 24,234 | 10/05/2006 | $4,500,000 |
| 281 Woodland Ave, Summit | 1,152 | 07/27/1989 | |
| 265 Woodland Ave, Summit | 1,908 | 04/18/2022 | $1 |
| 108 River Rd, Summit | |||
| 56 Chatham Rd, Summit | |||
| 279 Woodland Ave, Summit | 1,528 | 05/04/1993 | $220,000 |
| 269 Woodland Ave, Summit | 2,006 | ||
| 6 River Rd, Summit | 03/21/2017 | $1 | |
| 36 Chatham Rd, Summit | 09/08/2006 | $1,344,918 | |
| 84 River Rd, Summit | 1,384 | 10/01/2009 | $1 |