Union County  »  40 Beechwood Rd

40 Beechwood Road, Summit, NJ 07901 - Property report

Also known as: 40 Beechwood Rd

Property image for 40 Beechwood Road, Summit, NJ 07901
static Mapbox map

Property type

Office - General (560)

Year built

1957

Acreage

0.418

Sale price

$12,570,000

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
40 Beechwood Road
ZIP code
07901
County
Union
Block
1907
Lot
2
Municipality
2018
Qualifier
Parcel ID
1907-2

Owner

Find out who owns 40 Beechwood Road, Summit, NJ 07901. Uncover corporate and individual owners with a free account.

Sales
Sale date
07/29/2021
Sale price
$12,570,000
Arm's length
Tax
Tax year
2026
Base tax
$118,696
Current property tax
$123,581
Building
Property type
Office - General (560)
Building sq. ft.
5,730
Year built
1957
Exterior structural material
Lot
Acreage
0.418
Zoning & Use
Zoning
Qualified opportunity zone

Area overview

Walk score
92 /100.  Walker's Paradise
Transit score
45 /100.  Some Transit
Bike score
48 /100.  Somewhat Bikeable
Broadband internet providers and speed map
Types of broadband connections
Ownership

Ownership information for 40 Beechwood Road, Summit, NJ

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

Sales history for 40 Beechwood Road, Summit, NJ 07901

Sale date Sale price Buyer name Seller name
07/29/2021 $12,570,000 XXX XXXXXX XXXX; XXX XXXX XX XXXX XXX XX XXXXXXXXX XXX; XXXXX XXXXXX XXXX X XX; XXXXX XXXXXX XXXX X XX XXX
07/29/2021 $10 XXX XXXXXX XXXX; XXXXX XXXXXX XXXX X XX; XXXXX XXXXXX XXXX X XX XXX; XXX XX XXXXXXXXX XXX; XXX XXX XXXXXX XXX; XXX XXXX XX XXXX XXX XXXXXX XXXX; XXXXX XXXXXX XXXX X XX; XXXXX XXXXXX XXXX X XX XXX; XXX XX XXXXXXXXX XXX; XXX XXX XXXXXX XXX; XXX XXXX XX XXXX
07/29/2021 $1 XXX XXXXXX XXXX; XXXXX XXXXXX XXXX X XX; XXXXX XXXXXX XXXX X XX XXX; XXX XXX XXXXXX XXX; XXX XXXX XX XXXX XXX XXXXXX XXXX; XXXXX XXXXXX XXXX X XX; XXXXX XXXXXX XXXX X XX XXX; XXX XXX XXXXXX XXX; XXX XXXX XX XXXX

*Most recent sales on record for this property.

More about Union County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
03/17/2022 - R
03/10/2022 - D		 Mortgage XXX XXXXXX XXXX XXXXXXXX XXXX
03/17/2022 - R
03/10/2022 - D		 Mortgage XXX XXXXXX XXXX XXXXXXXX XXXX
02/13/2025 - R
07/29/2021 - D		 Deed and Realty Tax Fees XXX XXXXXX XXXX XXX XXXXXX XXXX
02/13/2025 - R
07/29/2021 - D		 Deed and Realty Tax Fees XXX XXXXXX XXXX XXX XXXXXX XXXX
08/11/2021 - R
07/29/2021 - D		 Deed and Realty Tax Fees XXX XX XXXXXXXXX XXX XXX XXXXXX XXXX
12/17/2018 - R
12/04/2018 - D		 Deed and Realty Tax Fees XXXXXXX, XXXXXXX XXXXXXX, XXXXXXX
12/17/2018 - R
12/04/2018 - D		 Deed and Realty Tax Fees XXXXXXX, XXXXXXX XXX XXX XXXXXX XXX
11/09/2018 - R
10/22/2018 - D		 Mortgage XXX XXX XXXXXX XXX XXXXXXXXX XXXX
11/09/2018 - R
10/17/2018 - D		 Mortgage XXX XXX XXXXXX XXX XXXXXXXXX XXXX
11/09/2018 - R
10/17/2018 - D		 Deed and Realty Tax Fees XXX XXX XXXXXX XXX XXX XX XXXXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 40 Beechwood Road, Summit, NJ

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2026
Base tax
$118,696
Current property tax
$123,581
Recent tax assessments
Market value
$2,654,800
Land value
$653,100
Building value
$2,001,700

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 $2,654,800 $2,654,800 4.471 $118,696 +2.64%
2024 $2,654,800 $2,654,800 4.356 $115,643 +0.67%
2023 $2,654,800 $2,654,800 4.327 $114,873 +1.03%
2022 $2,654,800 $2,654,800 4.283 $113,705 -0.79%
2021 $2,654,800 $2,654,800 4.317 $114,608 -0.99%
2020 $2,654,800 $2,654,800 4.36 $115,749 +147.71%
2019 $1,070,500 $1,070,500 4.365 $46,727 -3.58%
2018 $1,070,500 $1,070,500 4.527 $48,462 +3.71%
2017 $1,070,500 $1,070,500 4.365 $46,727 +1.49%
2016 $1,070,500 $1,070,500 4.301 $46,042 +1.99%
Permits

Permit information for 40 Beechwood Road, Summit, NJ

No recently recorded permits for this property.

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

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FEMA flood zones

FEMA flood zones
X

Fire hazard zones

Geohazard zones map

Transportation

Daily traffic map
View daily traffic map

Access the detailed traffic volume map for 40 Beechwood Road, Summit, NJ 07901 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Neighbors for 40 Beechwood Road, Summit, NJ

407-409 Springfield Ave, Summit 381 Springfield Ave, Summit 387 Springfield Ave, Summit 375-379 Springfield Ave, Summit 86 Beechwood Rd, Summit 371 Springfield Ave, Summit 395-397 Springfield Ave, Summit 37 Deforest Ave, Summit 35 Deforest Ave, Summit 401 Springfield Ave, Summit 33 Deforest Ave, Summit 25 Deforest Ave, Summit 367 Springfield Ave, Summit 389 Springfield Ave, Summit 22 Deforest Ave, Summit 74 Beechwood Rd, Summit 383-385 Springfield Ave, Summit 29 Deforest Ave, Summit 3 Maple St, Summit 5 Maple St, Summit

Nearby ZIP codes for 40 Beechwood Road, 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 40 Beechwood Road, Summit, NJ 07901?

The development at 40 Beechwood Road, Summit, NJ 07901 was built in 1957.

What is the market value of 40 Beechwood Road, Summit, NJ 07901?

The current market value of 40 Beechwood Road, Summit, NJ 07901 is $2,654,800.

What is the total square footage of 40 Beechwood Road, Summit, NJ 07901?

40 Beechwood Road, Summit, NJ 07901 has a total of 5,730 square feet.

What is the price per square foot for this property?

$2,193 per square foot is the price for 40 Beechwood Road, Summit, NJ 07901.

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