490 Morris Avenue, Summit, NJ 07901 Property Information
490 Morris Avenue, Summit, NJ 07901 Property Information
- General
- Owner
- Documents
- Tax
- Neighborhood
Address
| Primary address | 490 Morris Avenue, Summit |
| Zip code | 07901 |
| County | Union |
| Municipality | Summit City |
| Block | 505 |
| Lot | 1 |
Sales & Tax Overview for 490 Morris Avenue, Summit
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Sale date | 05/18/2023 |
| Sale price | $1,700,000 |
| Arm's length | Register |
| Property tax | $25,485 |
Lot & Building Information for 490 Morris Avenue, Summit
| Building sqft | 5,890 |
| Building class | Store-Retail (737) |
| Acreage | 0.402 |
| Year built | 1948 |
| Exterior structural material | Register |
Zoning, Use & Area Overview
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Other Property Data for 490 Morris Avenue, Summit
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- • Improvements for 490 Morris Avenue, Summit , including their type, square footage, grade and when they were built.
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About 490 Morris Avenue, Summit
This Store-Retail (737) located at 490 Morris Avenue, Summit, NJ 07901 has a total of 5,890 square feet and a current price per square foot of $288.
What is the year built & the current market value of 490 Morris Avenue, Summit, NJ 07901?490 Morris Avenue, Summit, NJ 07901 was built in 1948 and has a current tax assessor's market value of $570,000.
Ownership Information
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Past Sales & Property History for 490 Morris Avenue, Summit
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*Here are the three most recent sales for this property.
Title Documents for 490 Morris Avenue, Summit
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R: Recorded date
D: Document date
Property Taxes for 490 Morris Avenue, Summit
Access detailed property tax data for 490 Morris Avenue, Summit, NJ 07901. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025 |
| Property tax | $25,485 |
| Market value | $570,000 |
Assessment History for 490 Morris Avenue, Summit
Here's the assessment & property tax history for 490 Morris Avenue, 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 | $570,000 | $570,000 | 4.471 | $25,485 | +14.45% |
| 2024 | $511,200 | $511,200 | 4.356 | $22,268 | +0.67% |
| 2023 | $511,200 | $511,200 | 4.327 | $22,120 | +1.03% |
| 2022 | $511,200 | $511,200 | 4.283 | $21,895 | -0.79% |
| 2021 | $511,200 | $511,200 | 4.317 | $22,069 | -0.99% |
Demographics by Zip Code
| Total population | 24,314 |
| Median age | 41.5 |
| Average household income | $297,789 |
| Family households | 70.9% |
| Occupied housing units | 9,014 |
| Owner occupied units | 66.3% |
| Average number of people per household | 2.68 |
| Median year structure built | 1954 |
| Median value for units with a mortgage | $985,100 |
| Median value for units without a mortgage | $995,000 |
Risk
Create a free account to unlock extended information for 490 Morris Avenue, 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 |
Transportation
Access the detailed traffic volume map for 490 Morris Avenue, 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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Neighbors for 490 Morris Avenue, Summit
Here are the neighbors for 490 Morris Avenue, Summit.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 9 Gates Ave, Summit | 2,592 | 03/06/1996 | $170,000 |
| 17 Gates Ave, Summit | 1,878 | 09/30/2023 | $100 |
| 3 Evergreen Rd, Summit | 2,108 | 07/30/2001 | $452,528 |
| 29 Montrose Ave, Summit | 2,416 | 09/10/1984 | $150,000 |
| 21 Gates Ave, Summit | 1,665 | 03/15/1982 | $115,000 |
| 23 Gates Ave, Summit | 1,775 | 09/10/2021 | $635,000 |
| 25 Madison Ave, Summit | 2,721 | 01/04/1988 | $350,000 |
| 9 Evergreen Rd, Summit | 2,484 | ||
| 11 Gates Ave, Summit | 2,340 | 09/13/2021 | $628,000 |
| 15 Gates Ave, Summit | 2,778 | 08/28/2014 | $710,000 |
| 19 Evergreen Rd, Summit | 2,336 | 07/11/2017 | $962,500 |
| 15 Evergreen Rd, Summit | 2,955 | 07/08/2014 | $1,210,000 |
| 5 Evergreen Rd, Summit | 2,776 | 08/18/2020 | $1,080,000 |
| 31 Montrose Ave, Summit | 1,794 | 02/04/2019 | $730,000 |
| 480 Morris Ave, Summit | 13,428 | 08/08/2025 | $3,800,000 |
| 19 Gates Ave, Summit | 2,363 | 11/20/1991 | $250,000 |
| 7 Evergreen Rd, Summit | 2,360 | 03/02/1999 | |
| 478 Morris Ave, Summit | 3,009 | 11/18/2008 | $950,000 |
| 3 Gates Ave, Summit | 2,736 | 05/29/2018 | $600,000 |
| 17 Webster Ave, Summit | 2,248 | 07/17/2018 | $825,000 |