| Primary address | 42 Prospect Street, Summit |
| Zip code | 07901 |
| County | Union |
| Municipality | Summit City |
| Block | 3202 |
| Lot | 19 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Sale date | 02/01/1999 |
| Sale price | $445,000 |
| Arm's length | Register |
| Property tax | $23,557 |
| Building sqft | 2,968 |
| Building class | Residential (2) |
| Acreage | 0.232 |
| Year built | 1923 |
| 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:
42 Prospect Street, Summit, NJ 07901 was built in 1923 and has a total of 2,968 square feet.
What is the assessed value of 42 Prospect Street, Summit, NJ 07901 and the property tax paid?Assessed at $540,800, the tax amount paid for 42 Prospect Street, Summit, NJ 07901 is $24,179.
When was 42 Prospect Street, Summit, NJ 07901 last sold and what was the last sale price?42 Prospect Street, Summit, NJ 07901 was last sold in 02/01/1999 for $445,000.
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 42 Prospect Street, Summit, including title documents, transfer conditions, mortgages and liens.
| Purchase date | Purchase price | Buyer name | Seller name |
|---|---|---|---|
| 02/01/1999 | $445,000 | 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 42 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 | $23,557 |
| Market value | $540,800 |
Here's the assessment & property tax history for 42 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 | $540,800 | $540,800 | 4.356 | $23,557 | +0.67% |
| 2023 | $540,800 | $540,800 | 4.327 | $23,400 | +1.03% |
| 2022 | $540,800 | $540,800 | 4.283 | $23,162 | -0.79% |
| 2021 | $540,800 | $540,800 | 4.317 | $23,346 | -0.99% |
| 2020 | $540,800 | $540,800 | 4.36 | $23,579 | -0.11% |
Create a free account to unlock extended information for 42 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 42 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 | 0.22 |
| Oak Knoll School of the Holy Child | NR | Private | PK, K-12 | 504 | 0.22 |
| Cpc Weekday Nursery School & Kindergarten | NR | Private | PK-K | 155 | 0.26 |
| Cpc Weekday Nursery School & Kindergarten | NR | Private | PK-K | 155 | 0.26 |
| Cornerstone School Of Summit | NR | Private | PK-K | 83 | 0.29 |
| Name | Rating | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|
| L C Johnson Summit Middle School | 7 | Public | 6-8 | 942 | 0.19 |
| Oak Knoll School of the Holy Child | NR | Private | PK, K-12 | 504 | 0.22 |
| Kent Place School | NR | Private | PK-12 | 621 | 0.56 |
| Oratory Preparatory School | NR | Private | 7-12 | 373 | 0.84 |
| Devel L C New Providence | NR | Public | K-9 | 74 | 1.82 |
| 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 | 0.22 |
| Kent Place School | NR | Private | PK-12 | 621 | 0.56 |
| Summit Sr High School | 7 | Public | 9-12 | 1,161 | 0.70 |
| Oratory Preparatory School | NR | Private | 7-12 | 373 | 0.84 |
| Governor Livingston High School | 7 | Public | 9-12 | 936 | 2.14 |
Data provided by GreatSchools.org © 2025. All rights reserved.
Here are the neighbors for 42 Prospect Street, Summit.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 34 Prospect St, Summit | 3,828 | 08/13/2020 | $1,925,000 |
| 32 Prospect St, Summit | 2,735 | 06/11/2025 | $2,000,000 |
| 46 Prospect St, Summit | 2,074 | 05/04/2018 | $950,000 |
| 49 Oakland Pl, Summit | 2,897 | 12/15/2025 | $1,852,000 |
| 36 Prospect St, Summit | 3,098 | 04/01/2021 | $1,441,000 |
| 24 Prospect St, Summit | 3,080 | 06/14/2018 | $1,015,000 |
| 48 Tulip St, Summit | 2,026 | 07/09/2004 | $475,000 |
| 50 Tulip St, Summit | 1,860 | 03/11/2000 | $339,000 |
| 51 Oakland Pl, Summit | 2,849 | 07/16/2002 | $795,000 |
| 26 Prospect St, Summit | 4,602 | 05/19/2007 | $1,621,500 |
| 270 Morris Ave, Summit | |||
| 18 Prospect St, Summit | 2,436 | 06/04/2019 | $875,000 |
| 45 Oakland Pl, Summit | 3,670 | 08/23/2011 | $1 |
| 41 Oakland Pl, Summit | 3,837 | 06/04/2004 | $1,625,000 |
| 39 Oakland Pl, Summit | 3,152 | 06/19/2013 | $1 |
| 20 Prospect St, Summit | 2,138 | 06/26/1998 | $480,340 |
| 52 Tulip St, Summit | 1,819 | 01/12/2001 | $361,900 |
| 40 Prospect St, Summit | 1,940 | ||
| 100 Maple St, Summit | |||
| 47 Oakland Pl, Summit | 2,812 | 06/24/2019 | $1,285,000 |