570 Springfield Avenue, Summit, NJ 07901 Property Information
570 Springfield Avenue, Summit, NJ 07901 Property Information
- General
- Owner
- Documents
- Tax
- Neighborhood
Address
| Primary address | 570 Springfield Avenue, Summit |
| Zip code | 07901 |
| County | Union |
| Municipality | Summit City |
| Block | 1809 |
| Lot | 1 |
Sales & Tax Overview for 570 Springfield Avenue, Summit
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Sale date | 06/14/2023 |
| Sale price | $16,300,000 |
| Arm's length | Register |
| Property tax | $203,068 |
Lot & Building Information for 570 Springfield Avenue, Summit
| Building class | Hotel (280) |
| Acreage | 4.3 |
| Units | 151 |
| 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 570 Springfield Avenue, Summit
Property reports include comprehensive occupancy, improvement and development information (where available).
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- • Improvements for 570 Springfield Avenue, Summit , including their type, square footage, grade and when they were built.
- • Development maps such as planimetric, zoning, land use and urban landscape maps (building age and stories).
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About 570 Springfield Avenue, Summit
The current market value is $4,661,800.
How many commercial spaces does this building have?This building has 151 commercial spaces available for lease.
Ownership Information
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Past Sales & Property History for 570 Springfield Avenue, Summit
Create a free account to view the complete sales history for 570 Springfield Avenue, Summit, including title documents, transfer conditions, mortgages and liens.
| Purchase date | Purchase price | Buyer name | Seller name |
|---|---|---|---|
| 06/14/2023 | $16,300,000 | Register | Register |
Title Documents for 570 Springfield Avenue, Summit
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R: Recorded date
D: Document date
Property Taxes for 570 Springfield Avenue, Summit
Access detailed property tax data for 570 Springfield Avenue, Summit, NJ 07901. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025 |
| Property tax | $203,068 |
| Market value | $4,661,800 |
Assessment History for 570 Springfield Avenue, Summit
Here's the assessment & property tax history for 570 Springfield 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 |
|---|---|---|---|---|---|
| 2024 | $3,961,800 | $3,961,800 | 4.356 | $172,576 | +0.67% |
| 2023 | $3,961,800 | $3,961,800 | 4.327 | $171,427 | +1.03% |
| 2022 | $3,961,800 | $3,961,800 | 4.283 | $169,684 | -0.79% |
| 2021 | $3,961,800 | $3,961,800 | 4.317 | $171,031 | -0.99% |
| 2020 | $3,961,800 | $3,961,800 | 4.36 | $172,734 | -0.11% |
Demographics By Zip Code
| Total population | 24,502 |
| Median age | 40 |
| Average household income | $295,449 |
| Family households | 73.0% |
| Occupied housing units | 9,004 |
| Owner occupied units | 69.0% |
| Average number of people per household | 2 |
| Median year structure built | 1954 |
| Median value for units with a mortgage | $976,100 |
| Median value for units without a mortgage | $921,400 |
Risk
Create a free account to unlock extended information for 570 Springfield 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) | A, X (See more on map) |
| Fire hazard zone | See more on map |
| Geohazard zones map | Register |
Transportation
Access the detailed traffic volume map for 570 Springfield Avenue, Summit to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.
| View daily traffic map |
Neighbors for 570 Springfield Avenue, Summit
Here are the neighbors for 570 Springfield Avenue, Summit.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 16 Blackburn Rd, Summit | 3,359 | 12/03/2021 | $2,000,000 |
| 6 New England Ave, Summit | 1,552 | 11/06/2001 | $336,500 |
| 15 Locust Dr, Summit | 08/03/2000 | ||
| 9 Tulip St, Summit | 1,618 | 06/20/2025 | $2,500,000 |
| 544 Springfield Ave, Summit | 21,716 | 08/17/2021 | $1 |
| 5 Tulip St, Summit | 2,887 | 01/07/2025 | $2,200,000 |
| 7 Tulip St, Summit | 1,936 | 04/16/2004 | $1 |
| 42 Norwood Ave, Summit | 02/07/1992 | ||
| 10 New England Ave, Summit | |||
| 10 Blackburn Rd, Summit | 1,804 | 01/06/1995 | $296,000 |
| 21 Locust Dr, Summit | 1,900 | 07/06/2009 | $480,000 |
| 11 George St, Summit | 11/29/2019 | $1 | |
| 324 Morris Ave, Summit | 01/09/2017 | $2,500,000 | |
| 12 Blackburn Rd, Summit | 3,128 | 09/20/1994 | $295,000 |
| 1 George St, Summit | 11/29/2019 | $1 | |
| 41 Locust Dr, Summit | 1,821 | 11/18/2005 | $837,000 |
| 43 Locust Dr, Summit | 2,648 | 07/23/2021 | $1,410,000 |
| 45 Locust Dr, Summit | 2,549 | 11/05/2002 | $917,500 |
| 25 Locust Dr, Summit | 2,738 | 08/29/2025 | $1,525,000 |
| 5 George St, Summit | 1,938 | 05/19/2025 | $1 |