Union County  »  503 Springfield Ave

503 Springfield Avenue, Summit, NJ 07901 - Property report

Also known as: 503 Springfield Ave

Property image for 503 Springfield Avenue, Summit, NJ 07901
static Mapbox map

Property type

Commercial (4A)

Acreage

0.472

General information

Unlock this property report with a free account

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
503 Springfield Avenue
ZIP code
07901
County
Union
Block
1913
Lot
1
Municipality
2018
Qualifier
Parcel ID
1913-1

Owner

Find out who owns 503 Springfield Avenue, Summit, NJ 07901. Uncover corporate and individual owners with a free account.

Tax
Tax year
2026
Base tax
$18,309
Current property tax
$19,062
Building
Property type
Commercial (4A)
Exterior structural material
Lot
Acreage
0.472
Zoning & Use
Zoning
Qualified opportunity zone

Area overview

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

Ownership information for 503 Springfield Avenue, Summit, NJ

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

Sales history for 503 Springfield Avenue, Summit, NJ 07901

No recently recorded sales for this property.

More about Union County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
12/16/2019 - R
11/05/2019 - D
Mortgage XXX XXXXXXXXXXX XXX XXXXXX X X XXX XXXXX XXXXXXXXX XXXX
12/16/2019 - R
11/05/2019 - D
Mortgage XXX XXXXXXXXXXX XXX XXXXXX X X XXX XXXXX XXXXXXXXX XXXX
07/11/2019 - R
06/24/2019 - D
Mortgage XXX XXXXXXXXXXX XXX XXXXXX X X XXX XXXXX XXXXXXXXX XXXX
07/11/2019 - R
06/24/2019 - D
Mortgage XXX XXXXXXXXXXX XXX XXXXXX X X XXX XXXXX XXXXXXXXX XXXX
07/26/2000 - D Deed and Realty Tax Fees

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 503 Springfield Avenue, 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
$18,309
Current property tax
$19,062
Recent tax assessments
Market value
$409,500
Land value
$268,800
Building value
$140,700

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 $409,500 $409,500 4.471 $18,309 +2.64%
2024 $409,500 $409,500 4.356 $17,838 +0.67%
2023 $409,500 $409,500 4.327 $17,719 +1.03%
2022 $409,500 $409,500 4.283 $17,539 -0.79%
2021 $409,500 $409,500 4.317 $17,678 -0.99%
2020 $409,500 $409,500 4.36 $17,854 -0.11%
2019 $409,500 $409,500 4.365 $17,875 -3.58%
2018 $409,500 $409,500 4.527 $18,538 +3.71%
2017 $409,500 $409,500 4.365 $17,875 +1.49%
2016 $409,500 $409,500 4.301 $17,613 +1.99%

Permit information for 503 Springfield Avenue, Summit, NJ

No recently recorded permits for this property.

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
X

Fire hazard zones

Geohazard zones map

Transportation

Daily traffic map

Access the detailed traffic volume map for 503 Springfield Avenue, Summit, NJ 07901 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Frequently asked questions

What is the assessed value of 503 Springfield Avenue, Summit, NJ 07901?

503 Springfield Avenue, Summit, NJ 07901 is currently assessed at $409,500.

What are the property taxes for 503 Springfield Avenue, Summit, NJ 07901?

The property taxes for 503 Springfield Avenue, Summit, NJ 07901 total $18,308.

Disclaimer

Copyright 2003-2026 by PropertyShark.com

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.

Sign up for a free account