Union County  »  72 Prospect St

72 Prospect Street, Summit, NJ 07901 - Property report

Also known as: 72 Prospect St

Property image for 72 Prospect Street, Summit, NJ 07901
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Property type

Residential (2)

Year built

1906

Acreage

0.75

Sale price

$3,155,000

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
72 Prospect Street
ZIP code
07901
County
Union
Block
3103
Lot
2
Municipality
2018
Parcel ID
3103-2

Owner

Find out who owns 72 Prospect Street, Summit, NJ 07901. Uncover corporate and individual owners with a free account.

Sales
Sale date
09/15/2020
Sale price
$3,155,000
Arm's length
Tax
Tax year
2026
Current property tax
$53,715
Building
Property type
Residential (2)
Building sq. ft.
4,944
Year built
1906
Exterior structural material
Lot
Acreage
0.75
Zoning & Use
Zoning

Area overview

Walk score
59 /100.  Somewhat Walkable
Transit score
40 /100.  Some Transit
Bike score
34 /100.  Somewhat Bikeable
Broadband internet providers and speed map
Types of broadband connections
Ownership

Ownership information for 72 Prospect Street, Summit, NJ

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

Sales history for 72 Prospect Street, Summit, NJ 07901

Sale date Sale price Buyer name Seller name
09/15/2020 $3,155,000 XXX XXXXX XXXXXX XX XXX XXXX XXXXX XXX XXXXX, XXXXXXX X; XXXXX, XXXXXX X
05/22/1997 $846,000

*Most recent sales on record for this property.

More about Union County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
09/22/2020 - R
09/15/2020 - D		 Deed and Realty Tax Fees XXXXX, XXXXXXX X XXX XXXXX XXXXXX XX XXX XXXX XXXXX XXX
05/22/1997 - D Deed and Realty Tax Fees

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 72 Prospect Street, 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
$53,715
Recent tax assessments
Market value
$1,201,400
Land value
$310,000
Building value
$891,400

More about Union County property taxes

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 $1,201,400 $1,201,400 4.471 $53,715 +2.64%
2024 $1,201,400 $1,201,400 4.356 $52,333 +0.67%
2023 $1,201,400 $1,201,400 4.327 $51,985 +1.03%
2022 $1,201,400 $1,201,400 4.283 $51,456 -0.79%
2021 $1,201,400 $1,201,400 4.317 $51,864 -0.99%
2020 $1,201,400 $1,201,400 4.36 $52,381 -0.11%
2019 $1,201,400 $1,201,400 4.365 $52,441 +0.65%
2018 $1,201,400 $1,201,400 4.337 $52,105 -0.64%
2017 $1,201,400 $1,201,400 4.365 $52,441 +1.49%
2016 $1,201,400 $1,201,400 4.301 $51,672 +1.99%
Permits

Permit information for 72 Prospect Street, Summit, NJ

No recently recorded permits for this property.

Neighborhood

Risk

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FEMA flood zones

FEMA flood zones
X

Fire hazard zones

Geohazard zones map

Transportation

Daily traffic map
View daily traffic map

Access the detailed traffic volume map for 72 Prospect Street, Summit, NJ 07901 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Schools

Nearest elementary schools

Name Rating Type Grade range No of students Distance (miles)
Oak Knoll School of the Holy Child NR Private PK, K-12 504 0.09
Oak Knoll School of the Holy Child NR Private PK, K-12 504 0.09
Brayton Elementary School 8 Public 1-5 304 0.28
Cornerstone School Of Summit NR Private PK-K 83 0.30
Cornerstone School Of Summit NR Private PK-K 83 0.30
Cpc Weekday Nursery School & Kindergarten NR Private PK-K 155 0.41
Franklin Elementary School 8 Public 1-5 327 0.50
Primary Center At Wilson NR Public PK, K 202 0.58
Primary Center At Wilson NR Public PK, K 202 0.58
Lincoln Hubbard Elementary School 9 Public 1-5 328 0.66
Nearest middle schools

Name Rating Type Grade range No of students Distance (miles)
Oak Knoll School of the Holy Child NR Private PK, K-12 504 0.09
L C Johnson Summit Middle School 7 Public 6-8 942 0.35
Kent Place School NR Private PK-12 621 0.60
Oratory Preparatory School NR Private 7-12 373 0.83
Devel L C New Providence NR Public K-9 74 1.67
Eclc Of New Jersey NR Private 1-12 177 2.10
St. Patrick School NR Private PK, K-8 269 2.13
Deerfield Elementary School 10 Public 3-8 467 2.31
New Providence Middle School 7 Public 7-8 398 2.36
Chatham Middle School 7 Public 6-8 877 2.66
Nearest high schools

Name Rating Type Grade range No of students Distance (miles)
Oak Knoll School of the Holy Child NR Private PK, K-12 504 0.09
Kent Place School NR Private PK-12 621 0.60
Summit Sr High School 7 Public 9-12 1,161 0.65
Oratory Preparatory School NR Private 7-12 373 0.83
Governor Livingston High School 7 Public 9-12 936 2.02
Eclc Of New Jersey NR Private 1-12 177 2.10
Chatham High School 8 Public 9-12 1,231 2.26
New Providence High School 7 Public 9-12 666 2.36
The Arc Kohler School NR Private PK-12 33 2.70
Millburn Sr High School 8 Public 9-12 1,378 2.71

Data provided by GreatSchools.org © 2026. All rights reserved.

Neighbors for 72 Prospect Street, Summit, NJ

21 Manor Hill Rd, Summit 75 Pine Grove Ave, Summit 87 Pine Grove Ave, Summit 77 Pine Grove Ave, Summit 19 Manor Hill Rd, Summit 91 Pine Grove Ave, Summit 15 Manor Hill Rd, Summit 44 Blackburn Rd, Summit 7 Manor Hill Rd, Summit 11 Manor Hill Rd, Summit 17 Manor Hill Rd, Summit 105 Pine Grove Ave, Summit 93 Pine Grove Ave, Summit 73 Pine Grove Ave, Summit 1 Manor Hill Rd, Summit 3 Manor Hill Rd, Summit 5 Manor Hill Rd, Summit 103 Pine Grove Ave, Summit 97 Pine Grove Ave, Summit 101 Pine Grove Ave, Summit

Nearby ZIP codes for 72 Prospect Street, Summit, NJ

07016, Union County, NJ 07023, Union County, NJ 07027, Union County, NJ 07033, Union County, NJ 07039, Essex County, NJ 07041, Essex County, NJ 07062, Union County, NJ 07076, Union County, NJ 07083, Union County, NJ 07088, Union County, NJ 07090, Union County, NJ 07092, Union County, NJ 07922, Union County, NJ 07928, Morris County, NJ 07932, Morris County, NJ 07935, Morris County, NJ 07940, Morris County, NJ 07974, Union County, NJ

Frequently asked questions

What is the year built for 72 Prospect Street, Summit, NJ 07901?

The development at 72 Prospect Street, Summit, NJ 07901 was built in 1906.

What is the total square footage of 72 Prospect Street, Summit, NJ 07901?

72 Prospect Street, Summit, NJ 07901 has a total of 4,944 square feet.

When was 72 Prospect Street, Summit, NJ 07901 last sold and what was the sale price?

72 Prospect Street, Summit, NJ 07901 was last sold on 09/15/2020 for $3,155,000.

What is the assessed value of 72 Prospect Street, Summit, NJ 07901?

72 Prospect Street, Summit, NJ 07901 is currently assessed at $1,201,400.

What are the property taxes for 72 Prospect Street, Summit, NJ 07901?

The property taxes for 72 Prospect Street, Summit, NJ 07901 total $53,714.

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