Union County » 5 Tulip St

5 Tulip Street, Summit, NJ 07901 - Property report

Also known as: 5 Tulip St

Property image for 5 Tulip Street, Summit, NJ 07901

Property type

Office - General (560)

Year built

2024

Acreage

0.2

Sale price

$2,200,000

General information

Address

Primary address

5 Tulip Street

ZIP code

07901

County

Union

Block

1809

Lot

Municipality

2018

Qualifier

Parcel ID

1809-2

Sales

Sale date

01/07/2025

Sale price

$2,200,000

Arm's length

Tax

Tax year

2026

Current property tax

$32,527

Building

Property type

Office - General (560)

Building sq. ft.

2,887

Stories

Year built

2024

Exterior structural material

Lot

Acreage

0.2

Zoning & Use

Zoning

Qualified opportunity zone

Area overview

Walk score

82 /100. Very Walkable

Transit score

43 /100. Some Transit

Bike score

49 /100. Somewhat Bikeable

Broadband internet providers and speed map

Types of broadband connections

Ownership

Ownership information for 5 Tulip Street, Summit, NJ

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 5 Tulip Street, Summit, NJ 07901

Sale date	Sale price	Buyer name	Seller name
01/07/2025	$2,200,000	XXXXXXX, XXXXXX X; XXXXX, XXXX	X XXXXX XXXXX XXX
12/29/2023	$800,000	X XXXXX XXXXX XXX	XXXX XXXXX XXXXXX XXXXXXXXXX X X X

*Most recent sales on record for this property.

More about Union County property records.

Title documents

Date	Type	Party 1	Party 2
01/10/2025 - R 01/07/2025 - D	Deed and Realty Tax Fees	X XXXXX XXXXX XXX	XXXXXXX, XXXXXX X
01/22/2024 - R 12/29/2023 - D	Deed and Realty Tax Fees	XXXX XXXXX XXXXXX XXXXXXXXXX X X X	X XXXXX XXXXX XXX
08/21/2019 - R 08/08/2019 - D	Mortgage	XXXX XXXXX XXXXXX XXXXXXXXXX X X X	XXXXXX, XXXXXX X
08/21/2019 - R 08/08/2019 - D	Mortgage	XXXX XXXXX XXXXXX XXXXXXXXXX X X X	XXXX XXXX XXXXXXX XXXX
10/22/1998 - 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 5 Tulip Street, 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

$32,527

Recent tax assessments

Market value

$727,500

Land value

$170,000

Building value

$557,500

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	$337,000	$337,000	4.471	$15,067	+2.64%
2024	$337,000	$337,000	4.356	$14,680	+0.67%
2023	$337,000	$337,000	4.327	$14,582	+1.03%
2022	$337,000	$337,000	4.283	$14,434	-0.79%
2021	$337,000	$337,000	4.317	$14,548	-0.99%
2020	$337,000	$337,000	4.36	$14,693	-0.11%
2019	$337,000	$337,000	4.365	$14,710	+0.65%
2018	$337,000	$337,000	4.337	$14,616	-0.64%
2017	$337,000	$337,000	4.365	$14,710	+1.49%
2016	$337,000	$337,000	4.301	$14,494	+1.99%

Permits

Permit information for 5 Tulip Street, 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 5 Tulip Street, 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 5 Tulip Street, 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

What is the year built for 5 Tulip Street, Summit, NJ 07901?

The development at 5 Tulip Street, Summit, NJ 07901 was built in 2024.

What is the market value of 5 Tulip Street, Summit, NJ 07901?

The current market value of 5 Tulip Street, Summit, NJ 07901 is $727,500.

What is the total square footage of 5 Tulip Street, Summit, NJ 07901?

5 Tulip Street, Summit, NJ 07901 has a total of 2,887 square feet.

What is the price per square foot for this property?

$762 per square foot is the price for 5 Tulip Street, Summit, NJ 07901.

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.