88 Summit Avenue, Summit, NJ 07901 Property Information
88 Summit Avenue, Summit, NJ 07901 Property Information
- General
- Owner
- Documents
- Tax
- Neighborhood
Address
| Primary address | 88 Summit Avenue, Summit |
| Zip code | 07901 |
| County | Union |
| Municipality | Summit City |
| Block | 2602 |
| Lot | 7 |
Sales & Tax Overview for 88 Summit Avenue, Summit
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Sale date | 02/04/2025 |
| Sale price | $7,000,000 |
| Arm's length | Register |
| Current property tax | $41,014 |
Lot & Building Information for 88 Summit Avenue, Summit
| Building class | Store |
| Acreage | 0.045 |
| 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 88 Summit Avenue, Summit
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- • Improvements for 88 Summit Avenue, Summit , including their type, square footage, grade and when they were built.
- • Development maps such as planimetric, zoning, land use and urban landscape maps (building age and stories).
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About 88 Summit Avenue, Summit
The current market value is $902,200.
Ownership Information
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Past Sales & Property History for 88 Summit Avenue, Summit
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*Here are the three most recent sales for this property.
Title Documents for 88 Summit Avenue, Summit
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R: Recorded date
D: Document date
Property Taxes for 88 Summit Avenue, Summit
Access detailed property tax data for 88 Summit Avenue, Summit, NJ 07901. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025 |
| Base tax | $39,300 |
| Current property tax | $41,014 |
| Market value | $902,200 |
Assessment History for 88 Summit Avenue, Summit
Here's the assessment & property tax history for 88 Summit 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 |
|---|---|---|---|---|---|
| 2024 | $902,200 | $902,200 | 4.356 | $39,300 | +0.67% |
| 2023 | $902,200 | $902,200 | 4.327 | $39,038 | +1.03% |
| 2022 | $902,200 | $902,200 | 4.283 | $38,641 | -0.79% |
| 2021 | $902,200 | $902,200 | 4.317 | $38,948 | -0.99% |
| 2020 | $902,200 | $902,200 | 4.36 | $39,336 | -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 88 Summit 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 |
Transportation
Access the detailed traffic volume map for 88 Summit 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 |
Neighbors for 88 Summit Avenue, Summit
Here are the neighbors for 88 Summit Avenue, Summit.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 27 Beechwood Rd, Summit | 13,147 | 01/22/2008 | |
| 344-346 Springfield Ave, Summit | 3,700 | 10/16/2024 | $1,485,000 |
| 10 Bank St, Summit | 05/10/1984 | $200,000 | |
| 25 Union Pl, Summit | 08/20/2008 | $675,000 | |
| 12 Bank St, Summit | 12,162 | 08/23/2006 | $1 |
| 17 Beechwood Rd, Summit | 05/03/2005 | $1,050,000 | |
| 358 Springfield Ave, Summit | 07/14/1999 | $405,000 | |
| 350 Springfield Ave, Summit | 19,976 | 10/16/2024 | $9,800,000 |
| 343 Springfield Ave, Summit | 8,087 | 10/16/2024 | $5,245,000 |
| 13 Beechwood Rd, Summit | 8,580 | ||
| 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 | ||
| 96-98 Summit Ave, Summit | 4,262 | 10/16/2024 | $1,195,000 |
| 341 Springfield Ave, Summit | 5,931 | ||
| 84 Summit Ave, Summit | 02/04/2025 | $7,000,000 | |
| 18-22 Bank St, Summit | 10,208 | 08/11/1999 | |
| 21 Union Pl, Summit | 05/01/2000 | $389,900 |