Union County  »  695 Springfield Ave

695 Springfield Avenue, Summit, NJ 07901 - Property report

Also known as: 695 Springfield Ave

Property image for 695 Springfield Avenue, Summit, NJ 07901
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Property type

Office - General (560)

Acreage

1.807

Sale price

$2,500,000

General information

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Address
Primary address
695 Springfield Avenue
ZIP code
07901
County
Union
Block
1702
Lot
47
Municipality
2018
Qualifier
Parcel ID
1702-47

Owner

Find out who owns 695 Springfield Avenue, Summit, NJ 07901. Uncover corporate and individual owners with a free account.

Sales
Sale date
06/29/2021
Sale price
$2,500,000
Arm's length
Tax
Tax year
2026
Base tax
$57,765
Building
Property type
Office - General (560)
Exterior structural material
Lot
Acreage
1.807
Zoning & Use
Zoning
Qualified opportunity zone

Area overview

Walk score
38 /100.  Car-Dependent
Transit score
33 /100.  Some Transit
Bike score
29 /100.  Somewhat Bikeable
Broadband internet providers and speed map
Types of broadband connections

Ownership information for 695 Springfield Avenue, Summit, NJ

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

Sales history for 695 Springfield Avenue, Summit, NJ 07901

Sale date Sale price Buyer name Seller name
06/29/2021 $2,500,000 XXXXXX XXXXXXXXX XXXXXXXXXXXX XXXXXXXXXXXX XX XXXXXX XXXXXXXX XXXXXXXX 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 #
07/09/2021 - R
06/29/2021 - D
Deed and Realty Tax Fees XXXXXXXX XXXXXXXX XXX XXXXX XXXXXX XXXXXXXXX XXXXXXXXXXXX XXXXXXXXXXXX XX XXXXXX

*Most recent recorded document on file for this property.

R: Recorded date
D: Document date

Property taxes for 695 Springfield 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
Base tax
$57,765
Recent tax assessments
Market value
$1,292,000
Land value
$311,500
Building value
$980,500

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 $1,292,000 $1,292,000 4.471 $57,765 +2.64%
2024 $1,292,000 $1,292,000 4.356 $56,280 +0.67%
2023 $1,292,000 $1,292,000 4.327 $55,905 +1.03%
2022 $1,292,000 $1,292,000 4.283 $55,336 -0.79%
2021 $1,292,000 $1,292,000 4.317 $55,776 -0.99%
2020 $1,292,000 $1,292,000 4.36 $56,331 -0.11%
2019 $1,292,000 $1,292,000 4.365 $56,396 +0.65%
2018 $1,292,000 $1,292,000 4.337 $56,034 -0.64%
2017 $1,292,000 $1,292,000 4.365 $56,396 +1.49%
2016 $1,292,000 $1,292,000 4.301 $55,569 +1.99%

Permit information for 695 Springfield 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 695 Springfield 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 market value of 695 Springfield Avenue, Summit, NJ 07901?

The current market value of 695 Springfield Avenue, Summit, NJ 07901 is $1,292,000.

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