| Primary address | 1 Prospect Street, Summit |
| Zip code | 07901 |
| County | Union |
| Municipality | Summit City |
| Block | 2708 |
| Lot | 1 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Sale date | 08/13/2002 |
| Sale price | $1 |
| Property tax | $149,363 |
| Building class | Hospital-General (271) |
| Acreage | 1.34 |
| 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:
Assessed at $3,428,900, the tax amount paid for 1 Prospect Street, Summit, NJ 07901 is $153,306.
When was 1 Prospect Street, Summit, NJ 07901 last sold and what was the last sale price?1 Prospect Street, Summit, NJ 07901 was last sold in 08/13/2002 for $1.
View detailed property contacts like owners, building management, representatives from permits and tenants with a free account.
Create a free account to view the complete sales history for 1 Prospect Street, Summit, including title documents, transfer conditions, mortgages and liens.
| Purchase date | Purchase price | Buyer name | Seller name |
|---|---|---|---|
| 08/13/2002 | $1 | Register | Register |
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 1 Prospect Street, Summit, NJ 07901. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025 |
| Property tax | $149,363 |
| Market value | $3,428,900 |
Here's the assessment & property tax history for 1 Prospect 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 | $3,428,900 | $3,428,900 | 4.356 | $149,363 | +0.67% |
| 2023 | $3,428,900 | $3,428,900 | 4.327 | $148,369 | +1.03% |
| 2022 | $3,428,900 | $3,428,900 | 4.283 | $146,860 | -0.79% |
| 2021 | $3,428,900 | $3,428,900 | 4.317 | $148,026 | -0.99% |
| 2020 | $3,428,900 | $3,428,900 | 4.36 | $149,500 | -0.11% |
| 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 |
Create a free account to unlock extended information for 1 Prospect 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 |
Access the detailed traffic volume map for 1 Prospect Street, 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 1 Prospect Street, Summit.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 41 Prospect St, Summit | 11/01/2004 | $15,500,000 | |
| 14 Locust Dr, Summit | 2,372 | 10/26/1999 | $349,000 |
| 32 Tulip St, Summit | 2,921 | 08/26/2020 | $1,086,000 |
| 406 Broad St, Elizabeth | |||
| 73-75 Union Pl, Summit | 07/09/1998 | $340,000 | |
| 26 Locust Dr, Summit | 5,218 | 03/17/2025 | $10 |
| 10 Locust Dr, Summit | 1,940 | 01/15/2002 | $475,000 |
| 303 Morris Ave, Summit | |||
| 293 Morris Ave, Summit | 3,712 | 02/13/2023 | $1,625,000 |
| 26 Tulip St, Summit | 3,102 | 08/20/1996 | $550,000 |
| 8 Locust Dr, Summit | 1,638 | 05/10/2012 | $485,000 |
| 384-392 Broad St, Summit | |||
| 30 Tulip St, Summit | 3,018 | 06/14/2023 | $1,405,000 |
| 24 Tulip St, Summit | 3,293 | 08/18/2020 | $1,450,000 |
| 75 Maple St, Summit | |||
| 299 Morris Ave, Summit | 3,576 | 05/07/2012 | $1 |
| 7 Cedar St, Summit | 6,858 | 05/21/2019 | $1,550,000 |
| 20 Tulip St, Summit | 2,230 | 04/24/2021 | $1 |
| 402 Broad St, Elizabeth | 05/18/2011 | $1,400,000 | |
| 67 Maple St, Summit | 07/16/1990 |