Union County  »  7 Norwood Ave

7 Norwood Avenue, Summit, NJ 07901 Property Information

7 Norwood Avenue, Summit, NJ 07901 Property Information

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

Primary address 7 Norwood Avenue, Summit
Zip code 07901
County Union
Municipality Summit City
Block 1903
Lot 1

Sales & Tax Overview for 7 Norwood Avenue, Summit

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

Sale date 04/21/2022
Sale price $2,000,000
Arm's length
Property tax $20,120

Lot & Building Information for 7 Norwood Avenue, Summit

Building sqft 5,026
Building class Apartment-Other (029)
Acreage 0.393
Year built 1910
Units 6
Stories 2
Exterior structural material
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Zoning district
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 Norwood Avenue, Summit

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About 7 Norwood Avenue, Summit

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

7 Norwood Avenue, Summit, NJ 07901 was built in 1910 and has a total of 5,026 square feet.

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

Assessed at $450,000, the tax amount paid for 7 Norwood Avenue, Summit, NJ 07901 is $20,119.

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

7 Norwood Avenue, Summit, NJ 07901 was last sold in 04/21/2022 for $2,000,000.

How many residential units does this building have?

This building has 6 residential unit(s).

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 Norwood Avenue, Summit

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Purchase date Purchase price Buyer name Seller name
04/21/2022 $2,000,000
09/22/2000 $735,000
       
       
       
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Title Documents for 7 Norwood Avenue, Summit

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Date Type Amount Party 1 Party 2 Maturity Index Document Related documents Doc image
04/25/2024 - R
04/16/2024 - D
Mortgage
04/25/2024 - R
04/16/2024 - D
Mortgage
05/04/2022 - R
04/21/2022 - D
Deed and Realty Tax Fees
09/22/2000 - D Deed and Realty Tax Fees
                   
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R: Recorded date
D: Document date

Property Taxes for 7 Norwood Avenue, Summit

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

Tax year: 2025
Property tax $20,120
Market value $450,000

Assessment History for 7 Norwood Avenue, Summit

Here's the assessment & property tax history for 7 Norwood 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 $450,000 $450,000 4.471 $20,120 +2.64%
2024 $450,000 $450,000 4.356 $19,602 +0.67%
2023 $450,000 $450,000 4.327 $19,472 +1.03%
2022 $450,000 $450,000 4.283 $19,274 -0.79%
2021 $450,000 $450,000 4.317 $19,427 -0.99%

Demographics by Zip Code

Total population 24,314
Median age 41.5
Average household income $297,789
Family households 70.9%
Occupied housing units 9,014
Owner occupied units 66.3%
People per household (average) 2.68
Median year structure built 1954
Median value for units with a mortgage $985,100
Median value for units without a mortgage $995,000

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 Norwood 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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Neighbors for 7 Norwood Avenue, Summit

Here are the neighbors for 7 Norwood Avenue, Summit.

Address Square feet Purchase date Purchase price
29 Norwood Ave, Summit 4,932 08/15/2025 $4,530,000
13 Sherman Ave, Summit 3,189 03/19/2020 $1,600,000
9 Sherman Ave, Summit 2,635 07/15/2024 $2,200,000
18 Crescent Ave, Summit 3,452 08/26/2011 $975,000
12 Hillside Ave, Summit 2,368 11/15/1989 $200,000
11 Sherman Ave, Summit 2,653 09/22/2022 $761,606
7 Sherman Ave, Summit 2,570 01/27/2021 $1,975,000
20 Hillside Ave, Summit 2,274 08/06/2013 $244,312
16 Hillside Ave, Summit 3,657 06/29/2023 $1,900,000
64 Woodland Ave, Summit 3,428 08/15/2018 $1,480,000
68 Woodland Ave, Summit 3,272 12/10/2020 $1,360,000
15 Norwood Ave, Summit
8 Hillside Ave, Summit 3,915 04/08/2026 $1
80 Woodland Ave, Summit 3,759 01/13/2025 $3,325,000
2 Hillside Ave, Summit 4,316 12/28/2022 $1,250,000
9 Norwood Ave, Summit 3,048 09/27/2022 $1,525,000
22 Crescent Ave, Summit 3,491 02/26/2021 $1,350,000
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

Nearby ZIP Codes for 7 Norwood Avenue, Summit

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