| Primary address | 40 Prospect Hill Avenue, Summit |
| Zip code | 07901 |
| County | Union |
| Municipality | Summit City |
| Block | 3502 |
| Lot | 16 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Sale date | 12/20/2023 |
| Sale price | $6,500,000 |
| Arm's length | Register |
| Property tax | $65,500 |
| Building sqft | 5,880 |
| Building class | Residential (2) |
| Acreage | 1.139 |
| Year built | 1925 |
| 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:
40 Prospect Hill Avenue, Summit, NJ 07901 was built in 1925 and has a total of 5,880 square feet.
What is the assessed value of 40 Prospect Hill Avenue, Summit, NJ 07901 and the property tax paid?Assessed at $1,465,000, the tax amount paid for 40 Prospect Hill Avenue, Summit, NJ 07901 is $65,500.
When was 40 Prospect Hill Avenue, Summit, NJ 07901 last sold and what was the last sale price?40 Prospect Hill Avenue, Summit, NJ 07901 was last sold in 12/20/2023 for $6,500,000.
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 40 Prospect Hill Avenue, Summit, including title documents, transfer conditions, mortgages and liens.
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 40 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 | $65,500 |
| Market value | $1,465,000 |
Here's the assessment & property tax history for 40 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 |
|---|---|---|---|---|---|
| 2025 | $1,465,000 | $1,465,000 | 4.471 | $65,500 | +2.64% |
| 2024 | $1,465,000 | $1,465,000 | 4.356 | $63,815 | +0.67% |
| 2023 | $1,465,000 | $1,465,000 | 4.327 | $63,391 | +1.03% |
| 2022 | $1,465,000 | $1,465,000 | 4.283 | $62,746 | -0.79% |
| 2021 | $1,465,000 | $1,465,000 | 4.317 | $63,244 | -0.99% |
Create a free account to unlock extended information for 40 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 | Register |
Access the detailed traffic volume map for 40 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 |
| Name | Rating | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|
| Glenwood Elementary School | 10 | Public | K-4 | 378 | 0.79 |
| Cpc Weekday Nursery School & Kindergarten | NR | Private | PK-K | 155 | 0.83 |
| Cpc Weekday Nursery School & Kindergarten | NR | Private | PK-K | 155 | 0.83 |
| Lincoln Hubbard Elementary School | 9 | Public | 1-5 | 328 | 0.85 |
| Jefferson Primary Center | NR | Public | PK, K | 143 | 0.96 |
| Name | Rating | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|
| L C Johnson Summit Middle School | 7 | Public | 6-8 | 942 | 0.90 |
| Kent Place School | NR | Private | PK-12 | 621 | 1.06 |
| Oak Knoll School of the Holy Child | NR | Private | PK, K-12 | 504 | 1.30 |
| Oratory Preparatory School | NR | Private | 7-12 | 373 | 1.34 |
| St. Rose of Lima School | NR | Private | PK-8 | 186 | 1.62 |
| Name | Rating | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|
| Kent Place School | NR | Private | PK-12 | 621 | 1.06 |
| Oak Knoll School of the Holy Child | NR | Private | PK, K-12 | 504 | 1.30 |
| Oratory Preparatory School | NR | Private | 7-12 | 373 | 1.34 |
| Summit Sr High School | 7 | Public | 9-12 | 1,161 | 1.43 |
| Millburn Sr High School | 8 | Public | 9-12 | 1,378 | 1.51 |
Data provided by GreatSchools.org © 2025. All rights reserved.
Here are the neighbors for 40 Prospect Hill Avenue, Summit.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 34 Prospect Hill Ave, Summit | 09/30/2016 | $6,400,000 | |
| 58 Huntley Rd, Summit | 952 | 07/23/2014 | $350,000 |
| 66 Prospect Hill Ave, Summit | 3,337 | 05/16/2014 | $1,695,000 |
| 76 Prospect Hill Ave, Summit | 3,979 | 08/18/2022 | $2,800,000 |
| 60 Huntley Rd, Summit | 1,650 | 09/11/2021 | $545,000 |
| 46 Huntley Rd, Summit | 1,240 | 07/16/2013 | $1 |
| 58 Prospect Hill Ave, Summit | 4,077 | 11/14/2025 | $3,780,000 |
| 78 Prospect Hill Ave, Summit | 2,177 | 08/20/2003 | $1 |
| 82 Prospect Hill Ave, Summit | 4,071 | 01/14/2021 | $2,075,000 |
| 66 Huntley Rd, Summit | 952 | 01/26/2011 | $362,000 |
| 52 Huntley Rd, Summit | 1,654 | 05/07/2025 | $624,000 |
| 84 Prospect Hill Ave, Summit | 3,946 | 04/19/2026 | $1 |
| 62 Huntley Rd, Summit | 952 | 12/01/1997 | $183,000 |
| 90 Prospect Hill Ave, Summit | 6,140 | 11/05/2020 | $2,680,000 |
| 56 Huntley Rd, Summit | 952 | 05/14/2020 | $446,000 |
| 50 Prospect Hill Ave, Summit | 6,827 | 05/26/2022 | $4,320,000 |
| 60 Prospect Hill Ave, Summit | 3,214 | 06/22/2000 | $1,410,000 |
| 80 Prospect Hill Ave, Summit | 3,704 | 09/01/2021 | $2,233,000 |
| 50 Huntley Rd, Summit | 952 | 09/26/2025 | $1,300,000 |
| 48 Huntley Rd, Summit | 952 |