18-22 Bank Street, Summit, NJ 07901 Property Information
18-22 Bank Street, Summit, NJ 07901 Property Information
- General
- Owner
- Documents
- Tax
- Neighborhood
Address
| Primary address | 18-22 Bank Street, Summit |
| Zip code | 07901 |
| County | Union |
| Municipality | Summit City |
| Block | 2602 |
| Lot | 3 |
Sales & Tax Overview for 18-22 Bank Street, Summit
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Current property tax | $56,825 |
Lot & Building Information for 18-22 Bank Street, Summit
| Building sqft | 10,208 |
| Building class | Office Building |
| Acreage | 0.136 |
| Year built | 1943 |
| Exterior structural material | Register |
Zoning, Use & Area Overview
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Other Property Data for 18-22 Bank Street, Summit
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- • Improvements for 18-22 Bank Street, Summit , including their type, square footage, grade and when they were built.
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About 18-22 Bank Street, Summit
This Office Building (SCILSO) located at 18-22 Bank Street, Summit, NJ 07901 has a total of 10,208 square feet.
What is the year built & the current market value of 18-22 Bank Street, Summit, NJ 07901?18-22 Bank Street, Summit, NJ 07901 was built in 1943 and has a current tax assessor's market value of $1,250,000.
Ownership Information
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Past Sales & Property History for 18-22 Bank Street, Summit
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No recorded sales for this property.
Title Documents for 18-22 Bank Street, Summit
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R: Recorded date
D: Document date
Property Taxes for 18-22 Bank Street, Summit
Access detailed property tax data for 18-22 Bank Street, Summit, NJ 07901. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025 |
| Base tax | $54,450 |
| Current property tax | $56,825 |
| Market value | $1,250,000 |
Assessment History for 18-22 Bank Street, Summit
Here's the assessment & property tax history for 18-22 Bank Street, 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 |
|---|---|---|---|---|---|
| 2024 | $1,250,000 | $1,250,000 | 4.356 | $54,450 | +0.67% |
| 2023 | $1,250,000 | $1,250,000 | 4.327 | $54,088 | +1.03% |
| 2022 | $1,250,000 | $1,250,000 | 4.283 | $53,538 | -0.79% |
| 2021 | $1,250,000 | $1,250,000 | 4.317 | $53,963 | -0.99% |
| 2020 | $1,250,000 | $1,250,000 | 4.36 | $54,500 | -0.11% |
Demographics By Zip Code
| Total population | 24,502 |
| Median age | 40 |
| Average household income | $295,449 |
| Family households | 73.0% |
| Occupied housing units | 9,004 |
| Owner occupied units | 69.0% |
| Average number of people per household | 2 |
| Median year structure built | 1954 |
| Median value for units with a mortgage | $976,100 |
| Median value for units without a mortgage | $921,400 |
Risk
Create a free account to unlock extended information for 18-22 Bank Street, 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 |
Transportation
Access the detailed traffic volume map for 18-22 Bank Street, 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 18-22 Bank Street, Summit
Here are the neighbors for 18-22 Bank Street, Summit.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 10 Bank St, Summit | 05/10/1984 | $200,000 | |
| 27 Beechwood Rd, Summit | 13,147 | 01/22/2008 | |
| 25 Union Pl, Summit | 08/20/2008 | $675,000 | |
| 17-19 Union Pl, Summit | 06/07/2002 | $1,000,000 | |
| 13 Union Pl, Summit | 9,984 | 10/01/2021 | $1 |
| 12 Bank St, Summit | 12,162 | 08/23/2006 | $1 |
| 88 Summit Ave, Summit | 02/04/2025 | $7,000,000 | |
| 17 Beechwood Rd, Summit | 05/03/2005 | $1,050,000 | |
| 7-9 Union Pl, Summit | 2,482 | 12/15/2014 | $300,000 |
| 358 Springfield Ave, Summit | 07/14/1999 | $405,000 | |
| 350 Springfield Ave, Summit | 19,976 | 10/16/2024 | $9,800,000 |
| 13 Beechwood Rd, Summit | 8,580 | ||
| 11 Union Pl, Summit | 02/06/2003 | $737,500 | |
| 90 Summit Ave, Summit | 02/14/2017 | $999,995 | |
| 39-45 Union Pl, Summit | 16,374 | 08/27/1996 | |
| 31-37 Union Pl, Summit | 14,310 | 03/31/1995 | $870,000 |
| 21-25 Beechwood Rd, Summit | |||
| 356 Springfield Ave, Summit | 3,480 | ||
| 84 Summit Ave, Summit | 02/04/2025 | $7,000,000 | |
| 21 Union Pl, Summit | 05/01/2000 | $389,900 |