Union County » 45 Prospect Hill Ave

45 Prospect Hill Avenue, Summit, NJ 07901 - Property report

Also known as: 45 Prospect Hill Ave

Property image for 45 Prospect Hill Avenue, Summit, NJ 07901

Property type

Residential (2)

Year built

1928

Acreage

0.716

Sale price

$4,500,000

General information

Address

Primary address

45 Prospect Hill Avenue

ZIP code

07901

County

Union

Block

3501

Lot

Municipality

2018

Parcel ID

3501-28

Sales

Sale date

12/18/2024

Sale price

$4,500,000

Arm's length

Tax

Tax year

2026

Current property tax

$44,710

Building

Property type

Residential (2)

Building sq. ft.

5,110

Year built

1928

Exterior structural material

Lot

Acreage

0.716

Zoning & Use

Zoning

Area overview

Walk score

39 /100. Car-Dependent

Transit score

37 /100. Some Transit

Bike score

19 /100. Somewhat Bikeable

Broadband internet providers and speed map

Types of broadband connections

Ownership

Ownership information for 45 Prospect Hill Avenue, Summit, NJ

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 45 Prospect Hill Avenue, Summit, NJ 07901

Sale date	Sale price	Buyer name	Seller name
12/18/2024	$4,500,000	XXXXXXX, XXXXXXX; XXXXXXX, XXXXXXXXX	XX XXXXXX, XXXXXXX XXXX; XX XXXXXX, XXXXXXXX; XX XXXXXX, XXXXXXX X
08/07/2023	$1	XX XXXXXX, XXXXXXX X; XX XXXXXX, XXXX	XX XXXXXX, XXXXXXX X

*Most recent sales on record for this property.

More about Union County property records.

Title documents

Date	Type	Party 1	Party 2
12/26/2024 - R 12/18/2024 - D	Deed and Realty Tax Fees	XX XXXXXX, XXXXXXX XXXX	XXXXXXX, XXXXXXX
12/26/2024 - R 08/07/2023 - D	Deed and Realty Tax Fees	XX XXXXXX, XXXXXXX X	XX XXXXXX, XXXXXXX X
07/22/2022 - R 07/12/2022 - D	Mortgage	XX XXXXXX, XXXXXXX X	XXXXXXXX XXXXX XXXX X X

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 45 Prospect Hill Avenue, 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

$44,710

Recent tax assessments

Market value

$1,000,000

Land value

$494,800

Building value

$505,200

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	$1,000,000	$1,000,000	4.471	$44,710	+2.64%
2024	$1,000,000	$1,000,000	4.356	$43,560	+0.67%
2023	$1,000,000	$1,000,000	4.327	$43,270	+1.03%
2022	$1,000,000	$1,000,000	4.283	$42,830	-22.08%
2021	$1,273,300	$1,273,300	4.317	$54,968	-0.99%
2020	$1,273,300	$1,273,300	4.36	$55,516	-0.11%
2019	$1,273,300	$1,273,300	4.365	$55,580	+0.65%
2018	$1,273,300	$1,273,300	4.337	$55,223	-0.64%
2017	$1,273,300	$1,273,300	4.365	$55,580	+1.49%
2016	$1,273,300	$1,273,300	4.301	$54,765	+1.99%

Permits

Permit information for 45 Prospect Hill Avenue, Summit, NJ

No recently recorded permits for this property.

Neighborhood

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

FEMA flood zones

Fire hazard zones

Geohazard zones map

Transportation

Daily traffic map

View daily traffic map

Access the detailed traffic volume map for 45 Prospect Hill Avenue, 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)
Glenwood Elementary School	10	Public	K-4	378	0.78
Cpc Weekday Nursery School & Kindergarten	NR	Private	PK-K	155	0.85
Cpc Weekday Nursery School & Kindergarten	NR	Private	PK-K	155	0.85
Lincoln Hubbard Elementary School	9	Public	1-5	328	0.90
Jefferson Primary Center	NR	Public	PK, K	143	0.94
Jefferson Primary Center	NR	Public	PK, K	143	0.94
Jefferson Elementary School	8	Public	1-5	215	0.95
Hartshorn Elementary School	9	Public	K-4	437	1.02
Kent Place School	NR	Private	PK-12	621	1.10
Kent Place School	NR	Private	PK-12	621	1.10

Nearest middle schools

Name	Rating	Type	Grade range	No of students	Distance (miles)
L C Johnson Summit Middle School	7	Public	6-8	942	0.92
Kent Place School	NR	Private	PK-12	621	1.10
Oak Knoll School of the Holy Child	NR	Private	PK, K-12	504	1.32
Oratory Preparatory School	NR	Private	7-12	373	1.38
St. Rose of Lima School	NR	Private	PK-8	186	1.63
The Winston School	NR	Private	2-8	104	1.63
Millburn Middle School	9	Public	6-8	1,133	1.85
Florence M. Gaudineer Middle School	6	Public	6-8	518	1.86
Deerfield Elementary School	10	Public	3-8	467	2.61
Crossroads School	NR	Public	PK, K-8	49	2.71

Nearest high schools

Name	Rating	Type	Grade range	No of students	Distance (miles)
Kent Place School	NR	Private	PK-12	621	1.10
Oak Knoll School of the Holy Child	NR	Private	PK, K-12	504	1.32
Oratory Preparatory School	NR	Private	7-12	373	1.38
Summit Sr High School	7	Public	9-12	1,161	1.47
Millburn Sr High School	8	Public	9-12	1,378	1.48
Jonathan Dayton High School	5	Public	9-12	659	1.77
Eclc Of New Jersey	NR	Private	1-12	177	2.60
Work Readiness Academy	NR	Public	12	25	2.71
The Arc Kohler School	NR	Private	PK-12	33	2.76
Governor Livingston High School	7	Public	9-12	936	3.12

Nearby ZIP codes for 45 Prospect Hill Avenue, 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 45 Prospect Hill Avenue, Summit, NJ 07901?

The development at 45 Prospect Hill Avenue, Summit, NJ 07901 was built in 1928.

What is the total square footage of 45 Prospect Hill Avenue, Summit, NJ 07901?

45 Prospect Hill Avenue, Summit, NJ 07901 has a total of 5,110 square feet.

When was 45 Prospect Hill Avenue, Summit, NJ 07901 last sold and what was the sale price?

45 Prospect Hill Avenue, Summit, NJ 07901 was last sold on 12/18/2024 for $4,500,000.

What is the assessed value of 45 Prospect Hill Avenue, Summit, NJ 07901?

45 Prospect Hill Avenue, Summit, NJ 07901 is currently assessed at $1,000,000.

What are the property taxes for 45 Prospect Hill Avenue, Summit, NJ 07901?

The property taxes for 45 Prospect Hill Avenue, Summit, NJ 07901 total $44,710.

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.