Union County  »  57 Prospect St

57 Prospect Street, Summit, NJ 07901 Property Information

57 Prospect Street, Summit, NJ 07901 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Neighborhood
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57 Prospect Street, Summit, NJ 07901
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Address

Primary address 57 Prospect Street, Summit
Zip code 07901
County Union
Municipality Summit City
Block 2709
Lot 15

Sales & Tax Overview for 57 Prospect Street, Summit

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Sale date 10/02/2024
Sale price $1
Property tax $47,855

Lot & Building Information for 57 Prospect Street, Summit

Building sqft 5,133
Building class Residential (2)
Acreage 0.85
Year built 1913
Stories 2
Exterior structural material
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Zoning district Single Family Residential (R-15)
Broadband internet providers and speed map
Types of broadband connections map

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 57 Prospect Street, Summit

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  • • Improvements for 57 Prospect Street, Summit , including their type, square footage, grade and when they were built.
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About 57 Prospect Street, Summit

What is the year built & the total sq. ft. for 57 Prospect Street, Summit, NJ 07901?

57 Prospect Street, Summit, NJ 07901 was built in 1913 and has a total of 5,133 square feet.

What is the assessed value of 57 Prospect Street, Summit, NJ 07901 and the property tax paid?

Assessed at $1,098,600, the tax amount paid for 57 Prospect Street, Summit, NJ 07901 is $49,118.

When was 57 Prospect Street, Summit, NJ 07901 last sold and what was the last sale price?

57 Prospect Street, Summit, NJ 07901 was last sold in 10/02/2024 for $1.

Ownership Information

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Real Estate Reports:
Laura Pop-Badiu, May 07, 2026 Locked-In Owners, Mobile Renters: Homeowners Stay Put as Renters Move 3.7x More Across Largest U.S. Cities 
Renters became the primary drivers of long-distance mobility across the largest U.S. cities, moving 3.7 times more than owners in 2024, as high mortgage rates and housing costs kept many homeowners in place.
Eliza Theiss, Apr 23, 2026 $4.6M Hudson Yards Maintains Top Spot, Luxury Sales in Malba Set $2.5M Price Record for Queens
Despite prices declining, Hudson Yards remained the most expensive NYC neighborhood, but TriBeCa’s growth closed the gap to under $400,000, while Malba set a new historic price record for Queens at $2.5 million, securing the highest ranking ever for the borough at #5.
Eliza Theiss, Apr 15, 2026 2026 Q1 Foreclosure Report: Brooklyn Filings Fall Sharply, Bronx & Staten Island Hit New Peaks
Behind a deceptively mild citywide downtick, borough foreclosure markets pulled into significantly diverging paths as Brooklyn cases were nearly halved and the Bronx hit a new, record high. Meanwhile, Queens remained unchanged, Staten Island surged back up and Manhattan cooled slowly.
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Past Sales & Property History for 57 Prospect Street, Summit

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Purchase date Purchase price Buyer name Seller name
10/02/2024 $1
07/27/2022 $1
06/07/2019 $1
       
       
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*Here are the three most recent sales for this property.


Title Documents for 57 Prospect Street, Summit

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.

Date Type Amount Party 1 Party 2 Maturity Index Document Related documents Doc image
10/02/2024 - D
10/17/2024 - R
Deed and Realty Tax Fees
07/27/2022 - D
08/02/2022 - R
Deed and Realty Tax Fees
06/24/2021 - D
07/02/2021 - R
Mortgage 07/01/2051
06/07/2019 - D
11/20/2019 - R
Deed and Realty Tax Fees
03/05/2019 - D
03/08/2019 - R
Deed and Realty Tax Fees
05/15/1997 - D Deed and Realty Tax Fees
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R: Recorded date
D: Document date

Property Taxes for 57 Prospect Street, Summit

Access detailed property tax data for 57 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 $47,855
Market value $1,098,600

Assessment History for 57 Prospect Street, Summit

Here's the assessment & property tax history for 57 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 $1,098,600 $1,098,600 4.356 $47,855 +0.67%
2023 $1,098,600 $1,098,600 4.327 $47,536 +4.66%
2022 $1,060,500 $1,060,500 4.283 $45,421 +83.68%
2021 $572,800 $572,800 4.317 $24,728 -0.99%
2020 $572,800 $572,800 4.36 $24,974 -0.11%

Risk

Create a free account to unlock extended information for 57 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) A, X (See more on map)
Fire hazard zone See more on map
Geohazard zones map

Transportation

Access the detailed traffic volume map for 57 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

Schools

Nearest elementary schools

Name Rating Type Grade range No of students Distance to school (mi)
Oak Knoll School of the Holy Child NR Private PK, K-12 504 0.17
Oak Knoll School of the Holy Child NR Private PK, K-12 504 0.17
Cornerstone School Of Summit NR Private PK-K 83 0.23
Cornerstone School Of Summit NR Private PK-K 83 0.23
Brayton Elementary School 8 Public 1-5 304 0.33

Nearest middle schools

Name Rating Type Grade range No of students Distance to school (mi)
Oak Knoll School of the Holy Child NR Private PK, K-12 504 0.17
L C Johnson Summit Middle School 7 Public 6-8 942 0.30
Kent Place School NR Private PK-12 621 0.53
Oratory Preparatory School NR Private 7-12 373 0.78
Devel L C New Providence NR Public K-9 74 1.75

Nearest high schools

Name Rating Type Grade range No of students Distance to school (mi)
Oak Knoll School of the Holy Child NR Private PK, K-12 504 0.17
Kent Place School NR Private PK-12 621 0.53
Summit Sr High School 7 Public 9-12 1,161 0.61
Oratory Preparatory School NR Private 7-12 373 0.78
Eclc Of New Jersey NR Private 1-12 177 2.06

Data provided by GreatSchools.org © 2025. All rights reserved.

Neighbors for 57 Prospect Street, Summit

Here are the neighbors for 57 Prospect Street, Summit.

Address Square feet Purchase date Purchase price
666 Springfield Ave, Summit 4,906 03/31/2022 $2,250,000
36 Locust Dr, Summit 3,968 04/13/2023 $1
42 Locust Dr, Summit 2,011 10/29/1999 $265,000
34 Locust Dr, Summit 3,643 04/13/2018 $1,015,000
670 Springfield Ave, Summit 5,899 09/10/1998 $1,100,000
31-33 Tulip St, Summit 4,000 06/28/2021 $2,121,000
69 Prospect St, Summit 5,848 08/11/2000
40 Locust Dr, Summit 1,542 05/23/2023 $850,000
73 Prospect St, Summit 2,183 07/10/2003 $855,000
678 Springfield Ave, Summit 3,856 03/30/2021 $1
25 Tulip St, Summit 4,186 11/03/2004 $1
32 Locust Dr, Summit 1,260 12/03/2025 $1,350,000
674 Springfield Ave, Summit 3,121 05/29/2008 $1
55 Prospect St, Summit 3,576 09/07/2011 $1,810,000
690 Springfield Ave, Summit 2,661 08/19/2020 $955,000
694 Springfield Ave, Summit 2,102 08/19/2021 $958,000
680 Springfield Ave, Summit 4,252 09/07/2022 $2,300,000
660 Springfield Ave, Summit 3,232 02/28/2007 $1
37 Tulip St, Summit 3,327 09/10/1993 $450,000
19 Tulip St, Summit 1,593 11/04/2025 $700,000

Nearby ZIP Codes for 57 Prospect Street, Summit

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