Union County  »  123-127 Summit Ave

123-127 Summit Avenue, Summit, NJ 07901 - Property report

Also known as: 123-127 Summit Ave

Property image for 123-127 Summit Avenue, Summit, NJ 07901
static Mapbox map

Property type

Apartment-Other (029)

Year built

1918

Acreage

0.662

Sale price

$1

General information

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Address
Primary address
123-127 Summit Avenue
ZIP code
07901
County
Union
Block
2608
Lot
11
Municipality
2018
Parcel ID
2608-11

Owner

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Sales
Sale date
03/04/2022
Sale price
$1
Arm's length
Tax
Tax year
2026
Current property tax
$203,878
Building
Property type
Apartment-Other (029)
Year built
1918
Exterior structural material
Lot
Acreage
0.662
Zoning & Use
Zoning

Area overview

Walk score
86 /100.  Very Walkable
Transit score
45 /100.  Some Transit
Bike score
50 /100.  Bikeable
Broadband internet providers and speed map
Types of broadband connections

Ownership information for 123-127 Summit Avenue, Summit, NJ

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

Sales history for 123-127 Summit Avenue, Summit, NJ 07901

More about Union County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
04/11/2022 - R
03/24/2022 - D
Mortgage XXX XX XXX XXXXXXXXX XXXX
04/11/2022 - R
03/24/2022 - D
Mortgage XXX XX XXX XXXXXXXXX XXXX
03/09/2022 - R
03/04/2022 - D
Deed and Realty Tax Fees XXXXX XXXXXXX XXXXXXXXXXXXX XXXXX XXXXXXX XXXXXXXXXXXXX
11/20/2020 - R
10/30/2020 - D
Mortgage XXX XXXXXXXXXX XXX XXXXXXXXX XXXX
11/20/2020 - R
10/30/2020 - D
Mortgage XXX XXXXXXXXXX XXX XXXXXXXXX XXXX
08/26/2020 - R
06/01/2020 - D
Deed and Realty Tax Fees XXX XXXXXXXXXX XXX XXX XXXXXXXXXX XXX
08/26/2020 - R
04/02/2020 - D
Deed and Realty Tax Fees XXXX, XXXXXXX XXXX, XXXXXXX
03/05/2020 - R
03/04/2020 - D
Mortgage XXX XXXXXXXXXX XXX XXXXXXXXX XXXX
03/05/2020 - R
03/04/2020 - D
Mortgage XXX XXXXXXXXXX XXX XXXXXXXXX XXXX
03/16/2020 - R
01/31/2020 - D
Deed and Realty Tax Fees XXXX, XXXXXXX XXXX, XXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 123-127 Summit 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
Property tax
$203,878
Recent tax assessments
Market value
$4,560,000
Land value
$900,000
Building value
$3,660,000

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 $4,560,000 $4,560,000 4.471 $203,878 +2.64%
2024 $4,560,000 $4,560,000 4.356 $198,634 +0.67%
2023 $4,560,000 $4,560,000 4.327 $197,311 +1.03%
2022 $4,560,000 $4,560,000 4.283 $195,305 +182.76%
2021 $1,600,000 $1,600,000 4.317 $69,072 -0.99%
2020 $1,600,000 $1,600,000 4.36 $69,760 -0.11%
2019 $1,600,000 $1,600,000 4.365 $69,840 -21.45%
2018 $2,050,000 $2,050,000 4.337 $88,909 +40.47%
2017 $1,450,000 $1,450,000 4.365 $63,293 +1.49%
2016 $1,450,000 $1,450,000 4.301 $62,365 +1.99%

Permit information for 123-127 Summit 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

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FEMA flood zones

FEMA flood zones
X

Fire hazard zones

Geohazard zones map

Transportation

Daily traffic map

Access the detailed traffic volume map for 123-127 Summit 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 year built for 123-127 Summit Avenue, Summit, NJ 07901?

The development at 123-127 Summit Avenue, Summit, NJ 07901 was built in 1918.

When was 123-127 Summit Avenue, Summit, NJ 07901 last sold and what was the sale price?

123-127 Summit Avenue, Summit, NJ 07901 was last sold on 03/04/2022 for $1.

What is the assessed value of 123-127 Summit Avenue, Summit, NJ 07901?

123-127 Summit Avenue, Summit, NJ 07901 is currently assessed at $4,560,000.

What are the property taxes for 123-127 Summit Avenue, Summit, NJ 07901?

The property taxes for 123-127 Summit Avenue, Summit, NJ 07901 total $203,877.

How many residential units does this building have?

This building has 34 residential unit(s).

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