Union County  »  388 Morris Ave

388 Morris Avenue, Summit, NJ 07901 - Property report

Also known as: 388 Morris Ave

Property image for 388 Morris Avenue, Summit, NJ 07901
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Property type

Apartment-Other (029)

Year built

1975

Acreage

0.303

Sale price

$1,500,000

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
388 Morris Avenue
ZIP code
07901
County
Union
Block
1302
Lot
82
Municipality
2018
Qualifier
Parcel ID
1302-82

Owner

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Sales
Sale date
06/10/2016
Sale price
$1,500,000
Arm's length
Tax
Tax year
2026
Current property tax
$26,504
Building
Property type
Apartment-Other (029)
Building sq. ft.
4,630
Year built
1975
Exterior structural material
Lot
Acreage
0.303
Zoning & Use
Zoning
Qualified opportunity zone

Area overview

Walk score
73 /100.  Very Walkable
Transit score
41 /100.  Some Transit
Bike score
41 /100.  Somewhat Bikeable
Broadband internet providers and speed map
Types of broadband connections

Ownership information for 388 Morris Avenue, Summit, NJ

Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 388 Morris Avenue, Summit, NJ 07901

Sale date Sale price Buyer name Seller name
06/10/2016 $1,500,000 XXXXXX XXX XXXXXX XXX XXX XXXXXX XXX.XXXXX

*Most recent sale on record for this property.

More about Union County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
07/10/2018 - R
07/06/2018 - D
Mortgage XXXXXXXX, XXXXXX XXXX XXXXXXX-XXXXXXXXX XXXX
07/10/2018 - R
07/06/2018 - D
Mortgage XXXXXXXX, XXXXXX XXXX XXXXXXX-XXXXXXXXX XXXX
06/22/2016 - R
06/10/2016 - D
Deed and Realty Tax Fees XXX XXXXXX XXX.XXXXX XXXXXX XXX XXXXXX XXX
12/15/1992 - D Deed and Realty Tax Fees

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 388 Morris Avenue, Summit, NJ

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2026
Property tax
$26,504
Recent tax assessments
Market value
$592,800
Land value
$100,000
Building value
$492,800

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Tax rate Property tax Y-o-Y change
2025 $592,800 $592,800 4.471 $26,504 +2.64%
2024 $592,800 $592,800 4.356 $25,822 +0.67%
2023 $592,800 $592,800 4.327 $25,650 +1.03%
2022 $592,800 $592,800 4.283 $25,390 -0.79%
2021 $592,800 $592,800 4.317 $25,591 -0.99%
2020 $592,800 $592,800 4.36 $25,846 -0.11%
2019 $592,800 $592,800 4.365 $25,876 +49.16%
2018 $400,000 $400,000 4.337 $17,348 -0.64%
2017 $400,000 $400,000 4.365 $17,460 +1.49%
2016 $400,000 $400,000 4.301 $17,204 +1.99%

Permit information for 388 Morris Avenue, Summit, NJ

No recently recorded permits for this property.

Demographics by ZIP code

Total population
24,314
Median age
41.5
Average household income
$297,789
Family households
70.9%
People per household (average)
2.68
Occupied housing units
9,014
Owner-occupied units
66.3%
Median year structure built
1954
Median value mortgaged units
$985,100
Median value unmortgaged units
$995,000

Risk

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FEMA flood zones

FEMA flood zones
X

Fire hazard zones

Geohazard zones map

Transportation

Daily traffic map

Access the detailed traffic volume map for 388 Morris Avenue, Summit, NJ 07901 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Frequently asked questions

What is the year built for 388 Morris Avenue, Summit, NJ 07901?

The development at 388 Morris Avenue, Summit, NJ 07901 was built in 1975.

What is the total square footage of 388 Morris Avenue, Summit, NJ 07901?

388 Morris Avenue, Summit, NJ 07901 has a total of 4,630 square feet.

When was 388 Morris Avenue, Summit, NJ 07901 last sold and what was the sale price?

388 Morris Avenue, Summit, NJ 07901 was last sold on 06/10/2016 for $1,500,000.

What is the assessed value of 388 Morris Avenue, Summit, NJ 07901?

388 Morris Avenue, Summit, NJ 07901 is currently assessed at $592,800.

What are the property taxes for 388 Morris Avenue, Summit, NJ 07901?

The property taxes for 388 Morris Avenue, Summit, NJ 07901 total $26,504.

How many residential units does this building have?

This building has 4 residential unit(s).

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