Union County  »  573 Springfield Ave

573 Springfield Avenue, Summit, NJ 07901 - Property report

Also known as: 573 Springfield Ave

Property image for 573 Springfield Avenue, Summit, NJ 07901
static Mapbox map

Property type

Office - General (560)

Acreage

0.328

Sale price

$1,400,000

General information

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Address
Primary address
573 Springfield Avenue
ZIP code
07901
County
Union
Block
1803
Lot
2
Municipality
2018
Qualifier
Parcel ID
1803-2

Owner

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Sales
Sale date
07/19/2023
Sale price
$1,400,000
Arm's length
Tax
Tax year
2026
Current property tax
$16,203
Building
Property type
Office - General (560)
Building sq. ft.
3,946
Exterior structural material
Lot
Acreage
0.328
Zoning & Use
Zoning
Qualified opportunity zone

Area overview

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

Ownership information for 573 Springfield Avenue, Summit, NJ

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

Sales history for 573 Springfield Avenue, Summit, NJ 07901

Sale date Sale price Buyer name Seller name
07/19/2023 $1,400,000 XX XXXXXX XXXXXX XXX XXX XXXXXXXXXXX XXXXXXXXXX XXX
01/18/2008 $1,400,000 XXX XXXXXXXXXXX XXXXXXXXXX, XXX XXXXXXXX, X XXXXXXX

*Most recent sales on record for this property.

More about Union County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
01/23/2026 - D
01/23/2026 - R
07/24/2023 - R
07/19/2023 - D
Mortgage XX XXXXXX XXXXXX XXX XXXXXXXX XXXX
07/24/2023 - R
07/19/2023 - D
Mortgage XX XXXXXX XXXXXX XXX XXXXXXXX XXXX
07/24/2023 - R
07/19/2023 - D
Deed and Realty Tax Fees XXX XXXXXXXXXXX XXXXXXXXXX XXX XX XXXXXX XXXXXX XXX
01/21/2020 - R
01/08/2020 - D
Mortgage XXX XXXXXXXXXXX XXXXXXXXXX XXX X&X XXXX
01/21/2020 - R
01/08/2020 - D
Mortgage XXX XXXXXXXXXXX XXXXXXXXXX XXX X&X XXXX
02/01/2008 - R
01/18/2008 - D
Deed and Realty Tax Fees XXXXXXXX, X XXXXXXX XXX XXXXXXXXXXX XXXXXXXXXX, XXX
02/27/1995 - D Deed and Realty Tax Fees

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 573 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
Property tax
$16,203
Recent tax assessments
Market value
$362,400
Land value
$223,200
Building value
$139,200

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 $362,400 $362,400 4.471 $16,203 +2.64%
2024 $362,400 $362,400 4.356 $15,786 +0.67%
2023 $362,400 $362,400 4.327 $15,681 +1.03%
2022 $362,400 $362,400 4.283 $15,522 -0.79%
2021 $362,400 $362,400 4.317 $15,645 -0.99%
2020 $362,400 $362,400 4.36 $15,801 -0.11%
2019 $362,400 $362,400 4.365 $15,819 +0.65%
2018 $362,400 $362,400 4.337 $15,717 -0.64%
2017 $362,400 $362,400 4.365 $15,819 +1.49%
2016 $362,400 $362,400 4.301 $15,587 +1.99%

Permit information for 573 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 573 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 573 Springfield Avenue, Summit, NJ 07901?

The current market value of 573 Springfield Avenue, Summit, NJ 07901 is $362,400.

What is the total square footage of 573 Springfield Avenue, Summit, NJ 07901?

573 Springfield Avenue, Summit, NJ 07901 has a total of 3,946 square feet.

What is the price per square foot for this property?

$354 per square foot is the price for 573 Springfield Avenue, Summit, NJ 07901.

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