Union County  »  57 Prospect Hill Ave

57 Prospect Hill Avenue, Summit, NJ 07901 Property Information

57 Prospect Hill Avenue, Summit, NJ 07901 Property Information

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  • Owner
  • Documents
  • Tax
  • Neighborhood
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57 Prospect Hill Avenue, Summit, NJ 07901
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Address

Primary address 57 Prospect Hill Avenue, Summit
Zip code 07901
County Union
Municipality Summit City
Block 3501
Lot 30

Sales & Tax Overview for 57 Prospect Hill Avenue, Summit

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

Sale date 09/15/2025
Sale price $4,600,000
Arm's length
Property tax $53,100

Lot & Building Information for 57 Prospect Hill Avenue, Summit

Building sqft 4,885
Building class Residential (2)
Acreage 0.537
Year built 1950
Stories 2
Garage Attached
Exterior structural material
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Zoning district Single Family Residential (R-25)
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 Hill Avenue, Summit

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

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

57 Prospect Hill Avenue, Summit, NJ 07901 was built in 1950 and has a total of 4,885 square feet.

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

Assessed at $1,219,000, the tax amount paid for 57 Prospect Hill Avenue, Summit, NJ 07901 is $54,501.

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

57 Prospect Hill Avenue, Summit, NJ 07901 was last sold in 09/15/2025 for $4,600,000.

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 Hill Avenue, Summit

Create a free account to view the complete sales history for 57 Prospect Hill Avenue, Summit, including title documents, transfer conditions, mortgages and liens.

Purchase date Purchase price Buyer name Seller name
09/15/2025 $4,600,000
09/04/2025 $1
07/11/2018 $2,900,000
       
       
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*Here are the three most recent sales for this property.


Title Documents for 57 Prospect Hill Avenue, 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
09/15/2025 - D
11/10/2025 - R
Mortgage 10/01/2055
09/15/2025 - D
11/10/2025 - R
Deed and Realty Tax Fees
09/04/2025 - D
11/10/2025 - R
Deed and Realty Tax Fees
07/11/2018 - D
07/17/2018 - R
Deed and Realty Tax Fees
10/27/1998 - D Deed and Realty Tax Fees
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R: Recorded date
D: Document date

Property Taxes for 57 Prospect Hill Avenue, Summit

Access detailed property tax data for 57 Prospect Hill Avenue, Summit, NJ 07901. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025
Property tax $53,100
Market value $1,219,000

Assessment History for 57 Prospect Hill Avenue, Summit

Here's the assessment & property tax history for 57 Prospect Hill Avenue, 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 $1,219,000 $1,219,000 4.356 $53,100 +0.67%
2023 $1,219,000 $1,219,000 4.327 $52,746 +1.03%
2022 $1,219,000 $1,219,000 4.283 $52,210 -0.79%
2021 $1,219,000 $1,219,000 4.317 $52,624 -0.99%
2020 $1,219,000 $1,219,000 4.36 $53,148 +27.66%

Risk

Create a free account to unlock extended information for 57 Prospect Hill Avenue, 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

Transportation

Access the detailed traffic volume map for 57 Prospect Hill Avenue, 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)
Glenwood Elementary School 10 Public K-4 378 0.72
Cpc Weekday Nursery School & Kindergarten NR Private PK-K 155 0.90
Cpc Weekday Nursery School & Kindergarten NR Private PK-K 155 0.90
Lincoln Hubbard Elementary School 9 Public 1-5 328 0.93
Hartshorn Elementary School 9 Public K-4 437 0.97

Nearest middle schools

Name Rating Type Grade range No of students Distance to school (mi)
L C Johnson Summit Middle School 7 Public 6-8 942 0.97
Kent Place School NR Private PK-12 621 1.13
Oak Knoll School of the Holy Child NR Private PK, K-12 504 1.37
Oratory Preparatory School NR Private 7-12 373 1.41
St. Rose of Lima School NR Private PK-8 186 1.58

Nearest high schools

Name Rating Type Grade range No of students Distance to school (mi)
Kent Place School NR Private PK-12 621 1.13
Oak Knoll School of the Holy Child NR Private PK, K-12 504 1.37
Oratory Preparatory School NR Private 7-12 373 1.41
Millburn Sr High School 8 Public 9-12 1,378 1.44
Summit Sr High School 7 Public 9-12 1,161 1.51

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

Neighbors for 57 Prospect Hill Avenue, Summit

Here are the neighbors for 57 Prospect Hill Avenue, Summit.

Address Square feet Purchase date Purchase price
73 Prospect Hill Ave, Summit 7,063 06/30/1993
33 Prospect Hill Ave, Summit 5,908 04/14/2023 $2,900,000
5 Prospect Hill Ave, Summit 4,609 10/14/2020 $1,495,000
69 Prospect Hill Ave, Summit 10,040 12/21/1999 $1,300,000
9 Glendale Rd, Summit 3,538 02/23/2006 $1,900,000
21 Prospect Hill Ave, Summit 7,420 12/28/2015 $3,200,000
9 Prospect Hill Ave, Summit 3,573 04/25/2025 $1
187 Springfield Ave, Summit 10/15/2020 $2,300,000
63 Prospect Hill Ave, Summit 5,609 03/29/1985 $950,000
65 Prospect Hill Ave, Summit 2,341 11/08/2024 $1
77 Prospect Hill Ave, Summit 6,686 05/23/1997 $1,350,000
85 Prospect Hill Ave, Summit 6,923 11/12/2013 $3,375,000
45 Prospect Hill Ave, Summit 5,110 12/18/2024 $4,500,000
13 Prospect Hill Ave, Summit 2,614 10/09/1997 $720,000
3 Glendale Rd, Summit 3,686 08/11/2023 $1
1 Lenox Rd, Summit 3,342 05/21/2010 $979,000
61 Prospect Hill Ave, Summit 3,322 11/02/2004 $1,500,000
67 Prospect Hill Ave, Summit 7,186 06/02/2022 $3,800,000
39 Prospect Hill Ave, Summit 4,768 12/27/1995 $1,100,000
17 Prospect Hill Ave, Summit 3,592 07/25/2012 $1,850,000

Nearby ZIP Codes for 57 Prospect Hill Avenue, Summit

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