Union County  »  7 Sherman Ave

7 Sherman Avenue, Summit, NJ 07901 Property Information

7 Sherman Avenue, Summit, NJ 07901 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Neighborhood
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7 Sherman Avenue, Summit, NJ 07901
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Address

Primary address 7 Sherman Avenue, Summit
Zip code 07901
County Union
Municipality Summit City
Block 1902
Lot 9

Sales & Tax Overview for 7 Sherman Avenue, Summit

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Sale date 01/27/2021
Sale price $1,975,000
Arm's length
Property tax $23,880

Lot & Building Information for 7 Sherman Avenue, Summit

Building sqft 2,570
Building class Residential (2)
Acreage 0.258
Year built 1923
Stories 2
Exterior structural material
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Zoning district Single Family Residential (R-10)
Broadband internet providers and speed map
Types of broadband connections map

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 7 Sherman Avenue, Summit

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About 7 Sherman Avenue, Summit

What is the year built & the total sq. ft. for 7 Sherman Avenue, Summit, NJ 07901?

7 Sherman Avenue, Summit, NJ 07901 was built in 1923 and has a total of 2,570 square feet.

What is the assessed value of 7 Sherman Avenue, Summit, NJ 07901 and the property tax paid?

Assessed at $534,100, the tax amount paid for 7 Sherman Avenue, Summit, NJ 07901 is $23,879.

When was 7 Sherman Avenue, Summit, NJ 07901 last sold and what was the last sale price?

7 Sherman Avenue, Summit, NJ 07901 was last sold in 01/27/2021 for $1,975,000.

Ownership Information

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Real Estate Reports:
Eliza Theiss, Jun 23, 2026 NYC Resale Gains & Losses: Every Borough Made Money in 2025, Except Manhattan
In 2025, NYC home-sellers mostly made money. But, in Manhattan, resales came with losses — and it was apartments and recent buyers that absorbed them.
Laura Pop-Badiu, Jun 11, 2026 NYC Business Leaders on RTO: Survey Reveals Hybrid Still Dominates, Office Attendance Set to Rise
Huble’s recent survey of 126 founders, CEOs and other decision-makers in New York City’s startup ecosystem revealed how local business leaders are approaching workplace strategy in 2026 and beyond.
Eliza Theiss, Jun 04, 2026 World Cup or Your Mortgage/Rent? Ticket Prices Rival Host City Housing Costs
World Cup ticket prices rival monthly housing expenses in the 11 U.S. host cities, with even the cheapest seats covering weeks or even months of rent or mortgage payments.
Research 100M+ property records powered by:
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Past Sales & Property History for 7 Sherman Avenue, Summit

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Purchase date Purchase price Buyer name Seller name
01/27/2021 $1,975,000
05/13/2013 $1,680,000
03/27/2002 $539,000
       
       
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*Here are the three most recent sales for this property.


Title Documents for 7 Sherman Avenue, Summit

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Date Type Amount Party 1 Party 2 Maturity Index Document Related documents Doc image
02/19/2021 - R
01/27/2021 - D
Mortgage 02/01/2051
02/19/2021 - R
01/27/2021 - D
Deed and Realty Tax Fees
05/20/2013 - R
05/13/2013 - D
Deed and Realty Tax Fees
03/27/2002 - D Deed and Realty Tax Fees
                   
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R: Recorded date
D: Document date

Property Taxes for 7 Sherman Avenue, Summit

Access detailed property tax data for 7 Sherman Avenue, Summit, NJ 07901. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025
Property tax $23,880
Market value $534,100

Assessment History for 7 Sherman Avenue, Summit

Here's the assessment & property tax history for 7 Sherman 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
2025 $534,100 $534,100 4.471 $23,880 +2.64%
2024 $534,100 $534,100 4.356 $23,265 +0.67%
2023 $534,100 $534,100 4.327 $23,111 +1.03%
2022 $534,100 $534,100 4.283 $22,876 -0.79%
2021 $534,100 $534,100 4.317 $23,057 -0.99%

Risk

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FEMA flood zone(s) X (See more on map)
Fire hazard zone See more on map
Geohazard zones map

Transportation

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

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Schools

Nearest elementary schools

Name Rating Type Grade range No of students Distance (miles)
Kent Place School NR Private PK-12 621 0.11
Kent Place School NR Private PK-12 621 0.11
Lincoln Hubbard Elementary School 9 Public 1-5 328 0.12
Cornerstone School Of Summit NR Private PK-K 83 0.38
Cornerstone School Of Summit NR Private PK-K 83 0.38

Nearest middle schools

Name Rating Type Grade range No of students Distance (miles)
Kent Place School NR Private PK-12 621 0.11
Oratory Preparatory School NR Private 7-12 373 0.38
L C Johnson Summit Middle School 7 Public 6-8 942 0.60
Oak Knoll School of the Holy Child NR Private PK, K-12 504 0.75
Eclc Of New Jersey NR Private 1-12 177 1.70

Nearest high schools

Name Rating Type Grade range No of students Distance (miles)
Kent Place School NR Private PK-12 621 0.11
Oratory Preparatory School NR Private 7-12 373 0.38
Summit Sr High School 7 Public 9-12 1,161 0.47
Oak Knoll School of the Holy Child NR Private PK, K-12 504 0.75
Eclc Of New Jersey NR Private 1-12 177 1.70

Data provided by GreatSchools.org © 2025. All rights reserved.

Neighbors for 7 Sherman Avenue, Summit

Here are the neighbors for 7 Sherman Avenue, Summit.

Address Square feet Purchase date Purchase price
9 Sherman Ave, Summit 2,635 07/15/2024 $2,200,000
13 Sherman Ave, Summit 3,189 03/19/2020 $1,600,000
11 Sherman Ave, Summit 2,653 09/22/2022 $761,606
33 Crescent Ave, Summit 5,024 12/15/2006 $1,800,000
27 Crescent Ave, Summit 3,944 09/11/1995 $525,000
42 Norwood Ave, Summit 02/07/1992
68 Woodland Ave, Summit 3,272 12/10/2020 $1,360,000
64 Woodland Ave, Summit 3,428 08/15/2018 $1,480,000
31 Crescent Ave, Summit 3,946 05/28/2009 $1,600,000
19 Crescent Ave, Summit 3,670 07/20/2020 $1,575,000
10 Blackburn Rd, Summit 1,804 01/06/1995 $296,000
80 Woodland Ave, Summit 3,759 01/13/2025 $3,325,000
7 Norwood Ave, Summit 5,026 04/21/2022 $2,000,000
15 Norwood Ave, Summit
23 Crescent Ave, Summit 3,713 07/17/2020 $1
9 Norwood Ave, Summit 3,048 09/27/2022 $1,525,000
3 Sherman Ave, Summit 2,216 12/12/1997 $366,000
76 Woodland Ave, Summit 2,112 06/12/2026 $3,230,000
1 Sherman Ave, Summit 2,543 08/01/2000 $589,000
44 Woodland Ave, Summit

Nearby ZIP Codes for 7 Sherman Avenue, Summit

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