Union County » 7 Beech Spring Dr

7 Beech Spring Drive, Summit, NJ 07901 - Property report

Also known as: 7 Beech Spring Dr

Property image for 7 Beech Spring Drive, Summit, NJ 07901

Property type

Apartment-Garden (020)

Acreage

0.89

Sale price

$3,750,000

General information

Address

Primary address

7 Beech Spring Drive

ZIP code

07901

County

Union

Block

1602

Lot

Municipality

2018

Qualifier

Parcel ID

1602-2

Sales

Sale date

05/08/2019

Sale price

$3,750,000

Arm's length

Tax

Tax year

2026

Current property tax

$57,363

Building

Property type

Apartment-Garden (020)

Exterior structural material

Lot

Acreage

0.89

Zoning & Use

Zoning

Qualified opportunity zone

Area overview

Walk score

45 /100. Car-Dependent

Transit score

32 /100. Some Transit

Bike score

16 /100. Somewhat Bikeable

Broadband internet providers and speed map

Types of broadband connections

Ownership

Ownership information for 7 Beech Spring Drive, Summit, NJ

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 7 Beech Spring Drive, Summit, NJ 07901

Sale date	Sale price	Buyer name	Seller name
05/08/2019	$3,750,000	XXXXX XXXXXX XXXXXXXX XXX	XXXXX, XXXXXXX XXXX; XXX X XXXXX XXXXXX XXXXXXXX
05/27/2015	$10,700,000	XXX X XXXXX XXXXXX XXXXXXXX	XXXXXXX XXXX.XXXXXX,XXX
04/19/2007	$7,912,500	XXXXXXX XXXXX.-XX.,XXX&XXXXXXX XXXX	XXXXXX,XXXXXXXXX X

*Most recent sales on record for this property.

More about Union County property records.

Title documents

Date	Type	Party 1	Party 2
06/23/2022 - R 06/08/2022 - D	Mortgage	XXXXXXX XXX	XXXXXX XXXX
06/23/2022 - R 06/08/2022 - D	Mortgage	XXXXXXX XXX	XXXXXX XXXX
05/14/2019 - R 05/10/2019 - D	Mortgage	XXXXX XXXXXX XXXXXXXX XXX	XXXXX XXXXXX XXXXXXX XXX
05/09/2019 - R 05/08/2019 - D	Deed and Realty Tax Fees	XXXXX, XXXXXXX XXXX	XXXXX XXXXXX XXXXXXXX XXX
06/11/2015 - R 05/27/2015 - D	Deed and Realty Tax Fees	XXXXXXX XXXX.XXXXXX,XXX	XXX X XXXXX XXXXXX XXXXXXXX
05/09/2007 - R 04/19/2007 - D	Deed and Realty Tax Fees	XXXXXX,XXXXXXXXX X	XXXXXXX XXXXX.-XX.,XXX&XXXXXXX XXXX
07/11/1991 - D	Deed and Realty Tax Fees

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 7 Beech Spring Drive, 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

$57,363

Recent tax assessments

Market value

$1,283,000

Land value

$360,000

Building value

$923,000

More about Union County property taxes

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	$1,283,000	$1,283,000	4.471	$57,363	+2.64%
2024	$1,283,000	$1,283,000	4.356	$55,887	+0.67%
2023	$1,283,000	$1,283,000	4.327	$55,515	+1.03%
2022	$1,283,000	$1,283,000	4.283	$54,951	+21.81%
2021	$1,045,000	$1,045,000	4.317	$45,113	-0.99%
2020	$1,045,000	$1,045,000	4.36	$45,562	-0.11%
2019	$1,045,000	$1,045,000	4.365	$45,614	+0.65%
2018	$1,045,000	$1,045,000	4.337	$45,322	+18.18%
2017	$878,600	$878,600	4.365	$38,351	+1.49%
2016	$878,600	$878,600	4.301	$37,789	+1.99%

Permits

Permit information for 7 Beech Spring Drive, Summit, NJ

No recently recorded permits for this property.

Listings

Neighborhood

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

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

FEMA flood zones

Fire hazard zones

Geohazard zones map

Transportation

Daily traffic map

View daily traffic map

Access the detailed traffic volume map for 7 Beech Spring Drive, Summit, NJ 07901 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Nearby ZIP codes for 7 Beech Spring Drive, Summit, NJ

07016, Union County, NJ 07023, Union County, NJ 07027, Union County, NJ 07033, Union County, NJ 07039, Essex County, NJ 07041, Essex County, NJ 07062, Union County, NJ 07076, Union County, NJ 07083, Union County, NJ 07088, Union County, NJ 07090, Union County, NJ 07092, Union County, NJ 07922, Union County, NJ 07928, Morris County, NJ 07932, Morris County, NJ 07935, Morris County, NJ 07940, Morris County, NJ 07974, Union County, NJ

Frequently asked questions

When was 7 Beech Spring Drive, Summit, NJ 07901 last sold and what was the sale price?

7 Beech Spring Drive, Summit, NJ 07901 was last sold on 05/08/2019 for $3,750,000.

What is the assessed value of 7 Beech Spring Drive, Summit, NJ 07901?

7 Beech Spring Drive, Summit, NJ 07901 is currently assessed at $1,283,000.

What are the property taxes for 7 Beech Spring Drive, Summit, NJ 07901?

The property taxes for 7 Beech Spring Drive, Summit, NJ 07901 total $57,362.

How many residential units does this building have?

This building has 53 residential unit(s).

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.