| Primary address | 125 Prospect Street, Summit |
| Zip code | 07901 |
| County | Union |
| Municipality | Summit City |
| Block | 2802 |
| Lot | 17 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Sale date | 08/22/2018 |
| Sale price | $1,660,000 |
| Arm's length | Register |
| Property tax | $30,928 |
| Building sqft | 4,300 |
| Building class | Residential (2) |
| Acreage | 0.496 |
| Year built | 1993 |
| Stories | 2 |
| 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:
125 Prospect Street, Summit, NJ 07901 was built in 1993 and has a total of 4,300 square feet.
What is the assessed value of 125 Prospect Street, Summit, NJ 07901 and the property tax paid?Assessed at $710,000, the tax amount paid for 125 Prospect Street, Summit, NJ 07901 is $31,744.
When was 125 Prospect Street, Summit, NJ 07901 last sold and what was the last sale price?125 Prospect Street, Summit, NJ 07901 was last sold in 08/22/2018 for $1,660,000.
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 125 Prospect Street, Summit, including title documents, transfer conditions, mortgages and liens.
*Here are the three most recent sales for this property.
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 125 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 | $30,928 |
| Market value | $710,000 |
Here's the assessment & property tax history for 125 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 | $710,000 | $710,000 | 4.356 | $30,928 | +0.67% |
| 2023 | $710,000 | $710,000 | 4.327 | $30,722 | +1.03% |
| 2022 | $710,000 | $710,000 | 4.283 | $30,409 | -0.79% |
| 2021 | $710,000 | $710,000 | 4.317 | $30,651 | -0.99% |
| 2020 | $710,000 | $710,000 | 4.36 | $30,956 | -27.63% |
Create a free account to unlock extended information for 125 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 125 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 |
| 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 | 0.25 |
| Oak Knoll School of the Holy Child | NR | Private | PK, K-12 | 504 | 0.25 |
| Franklin Elementary School | 8 | Public | 1-5 | 327 | 0.32 |
| Primary Center At Wilson | NR | Public | PK, K | 202 | 0.33 |
| Primary Center At Wilson | NR | Public | PK, K | 202 | 0.33 |
| 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 | 0.25 |
| L C Johnson Summit Middle School | 7 | Public | 6-8 | 942 | 0.60 |
| Kent Place School | NR | Private | PK-12 | 621 | 0.67 |
| Oratory Preparatory School | NR | Private | 7-12 | 373 | 0.81 |
| Devel L C New Providence | NR | Public | K-9 | 74 | 1.48 |
| 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 | 0.25 |
| Summit Sr High School | 7 | Public | 9-12 | 1,161 | 0.56 |
| Kent Place School | NR | Private | PK-12 | 621 | 0.67 |
| Oratory Preparatory School | NR | Private | 7-12 | 373 | 0.81 |
| Governor Livingston High School | 7 | Public | 9-12 | 936 | 1.92 |
Data provided by GreatSchools.org © 2025. All rights reserved.
Here are the neighbors for 125 Prospect Street, Summit.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 610 Springfield Ave, Summit | 3,519 | 07/25/2022 | $1,216,000 |
| 606 Springfield Ave, Summit | 2,582 | 12/07/2016 | $10 |
| 596 Springfield Ave, Summit | 1,752 | 10/09/1985 | $50,000 |
| 2 High St, Summit | 5,934 | 07/09/2025 | $1 |
| 618 Springfield Ave, Summit | 2,683 | 10/09/2014 | $1 |
| 16 High St, Summit | 2,884 | 02/22/2022 | $1,725,000 |
| 20 High St, Summit | 5,134 | 05/18/2022 | $2,405,000 |
| 594 Springfield Ave, Summit | 1,996 | 09/30/2021 | $795,000 |
| 608 Springfield Ave, Summit | 2,216 | 07/12/2021 | $965,000 |
| 123 Prospect St, Summit | 4,030 | 01/16/1998 | $817,000 |
| 614 Springfield Ave, Summit | 2,306 | 06/29/2010 | $699,000 |
| 129 Prospect St, Summit | 4,422 | 09/04/2007 | $1,510,000 |
| 14 Pine Grove Ave, Summit | 4,823 | 02/28/2017 | $1,740,000 |
| 598 Springfield Ave, Summit | 1,756 | 11/11/2021 | $635,000 |
| 12 High St, Summit | 5,671 | 07/10/2020 | $3,150,000 |
| 22 High St, Summit | 6,413 | 05/23/2024 | $4,100,000 |
| 133 Prospect St, Summit | 3,800 | 07/15/2019 | $1,825,000 |
| 600 Springfield Ave, Summit | 1,953 | 08/16/2017 | $565,500 |
| 18 High St, Summit | 1,707 | 02/22/2022 | $675,000 |
| 24 High St, Summit | 2,854 | 10/23/2013 | $965,000 |