| Primary address | 367 Springfield Avenue, Summit |
| Zip code | 07901 |
| County | Union |
| Municipality | Summit City |
| Block | 1908 |
| Lot | 1 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Sale date | 07/29/2021 |
| Sale price | $1 |
| Arm's length | Register |
| Current property tax | $55,320 |
| Building sqft | 6,505 |
| Building class | Bank-Other (059) |
| Acreage | 0.134 |
| Exterior structural material | Register |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Property reports include comprehensive occupancy, improvement and development information (where available).
Create a free account to access valuable data points such as:
This Bank-Other (059) located at 367 Springfield Avenue, Summit, NJ 07901 has a total of 6,505 square feet.
What is the market value of 367 Springfield Avenue, Summit, NJ 07901?The current market value is $1,188,400.
View detailed property contacts like owners, building management, representatives from permits and tenants with a free account.
| Listing type | For Lease |
|---|---|
| Listing date | 06/05/2024 |
| Last updated | 04/09/2026 |
AA
 ⢠Subject site is positioned at the âMain & Mainâ intersection within one of New Jerseyâs most sought-after
 Downtown retail markets
 ⢠Seeking either single tenant or multi-tenant building configurations
 ⢠Approximately 3-miles from The Mall at Short Hills
 ⢠Building boasts approximately 55 feet of frontage along Springfield Avenue and 120 feet of frontage along
 Beechwood Road
 ⢠Downtown Summit is easily accessible due to its close proximity to Route 24, Garden State Parkway and
 Interstates 78, 95 and 280
 ⢠Strong daytime population with over 2,800,000 SF of office space within Summit alone
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| Suite name | Space type | Lease rate | Available space | Brokers |
|---|---|---|---|---|
| Ground Floor | Retail | Listing price not available | 6,307 | Neil Ruppert |
| Lower Level | Retail | Listing price not available | 5,415 | Neil Ruppert |
| 2nd Floor | Retail | Listing price not available | 3,450 | Neil Ruppert |
| 3rd Floor | Retail | Listing price not available | 3,450 | Neil Ruppert |
Create a free account to view the complete sales history for 367 Springfield Avenue, Summit, including title documents, transfer conditions, mortgages and liens.
*Here are the three most recent sales for this property.
To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.
R: Recorded date
D: Document date
Access detailed property tax data for 367 Springfield Avenue, Summit, NJ 07901. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025 |
| Base tax | $53,133 |
| Current property tax | $55,320 |
| Market value | $1,188,400 |
Here's the assessment & property tax history for 367 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 |
|---|---|---|---|---|---|
| 2025 | $1,188,400 | $1,188,400 | 4.471 | $53,133 | +2.64% |
| 2024 | $1,188,400 | $1,188,400 | 4.356 | $51,767 | +0.67% |
| 2023 | $1,188,400 | $1,188,400 | 4.327 | $51,422 | +1.03% |
| 2022 | $1,188,400 | $1,188,400 | 4.283 | $50,899 | -0.79% |
| 2021 | $1,188,400 | $1,188,400 | 4.317 | $51,303 | -0.99% |
| 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% |
| Average number of people per household | 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 |
Create a free account to unlock extended information for 367 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) | X (See more on map) |
| Fire hazard zone | See more on map |
| Geohazard zones map | Register |
Access the detailed traffic volume map for 367 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 |
Here are the neighbors for 367 Springfield Avenue, Summit.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 407-409 Springfield Ave, Summit | 4,848 | 02/27/2023 | $2,700,000 |
| 381 Springfield Ave, Summit | 1,760 | 04/04/2024 | $1 |
| 387 Springfield Ave, Summit | 6,256 | 10/05/1998 | |
| 375-379 Springfield Ave, Summit | 6,427 | 01/03/1994 | |
| 371 Springfield Ave, Summit | 7,696 | 01/16/1995 | $850,000 |
| 395-397 Springfield Ave, Summit | 9,842 | 06/14/2018 | $1 |
| 37 Deforest Ave, Summit | 3,126 | ||
| 35 Deforest Ave, Summit | 2,647 | 07/28/2023 | $1,050,000 |
| 401 Springfield Ave, Summit | 14,480 | 10/10/2002 | $1,500,000 |
| 40 Beechwood Rd, Summit | 5,730 | 07/29/2021 | $12,570,000 |
| 33 Deforest Ave, Summit | |||
| 25 Deforest Ave, Summit | 07/31/2017 | $59,666,500 | |
| 389 Springfield Ave, Summit | |||
| 411-417 Springfield Ave, Summit | 7,281 | 12/13/2022 | $3,400,000 |
| 22 Deforest Ave, Summit | |||
| 74 Beechwood Rd, Summit | 3,130 | 04/04/2013 | $1,015,000 |
| 383-385 Springfield Ave, Summit | 5,652 | 06/30/2011 | $1,135,000 |
| 29 Deforest Ave, Summit | 9,385 | ||
| 3 Maple St, Summit | |||
| 5 Maple St, Summit | 04/23/2015 | $39,150,000 |