Union County  »  198 Broad St

198 Broad Street, Summit, NJ 07901 Property Information

198 Broad Street, Summit, NJ 07901 Property Information

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  • Owner
  • Documents
  • Tax
  • Neighborhood
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198 Broad Street, Summit, NJ 07901
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Address

Primary address 198 Broad Street, Summit
Zip code 07901
County Union
Municipality Summit City
Block 4009
Lot 3

Sales & Tax Overview for 198 Broad Street, Summit

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

Sale date 10/19/2023
Sale price $990,000
Arm's length
Property tax $10,467

Lot & Building Information for 198 Broad Street, Summit

Building sqft 2,856
Building class Garage-Other (219)
Acreage 0.236
Stories 1
Exterior structural material
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Zoning district Neighborhood Business (NB)
Broadband internet providers and speed map
Types of broadband connections map

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Other Property Data for 198 Broad Street, Summit

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About 198 Broad Street, Summit

How many square feet does 198 Broad Street, Summit, NJ 07901 have?

This Garage-Other (219) located at 198 Broad Street, Summit, NJ 07901 has a total of 2,856 square feet.

What is the assessed value of 198 Broad Street, Summit, NJ 07901 and the property tax paid?

Assessed at $240,300, the tax amount paid for 198 Broad Street, Summit, NJ 07901 is $10,743.

When was 198 Broad Street, Summit, NJ 07901 last sold and what was the last sale price?

198 Broad Street, Summit, NJ 07901 was last sold in 10/19/2023 for $990,000.

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 198 Broad Street, Summit

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Purchase date Purchase price Buyer name Seller name
10/19/2023 $990,000
10/19/2000 $325,000
       
       
       
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Title Documents for 198 Broad Street, Summit

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Date Type Amount Party 1 Party 2 Maturity Index Document Related documents Doc image
10/19/2023 - D
10/25/2023 - R
Deed and Realty Tax Fees
10/19/2000 - D Deed and Realty Tax Fees
                   
                   
                   
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R: Recorded date
D: Document date

Property Taxes for 198 Broad Street, Summit

Access detailed property tax data for 198 Broad Street, Summit, NJ 07901. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025
Property tax $10,467
Market value $240,300

Assessment History for 198 Broad Street, Summit

Here's the assessment & property tax history for 198 Broad 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 $240,300 $240,300 4.356 $10,467 +0.67%
2023 $240,300 $240,300 4.327 $10,398 +1.03%
2022 $240,300 $240,300 4.283 $10,292 -0.79%
2021 $240,300 $240,300 4.317 $10,374 -0.99%
2020 $240,300 $240,300 4.36 $10,477 -0.11%

Risk

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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 198 Broad Street, Summit to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

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Schools

Nearest elementary schools

Name Rating Type Grade range No of students Distance to school (mi)
Jefferson Primary Center NR Public PK, K 143 0.45
Jefferson Primary Center NR Public PK, K 143 0.45
Jefferson Elementary School 8 Public 1-5 215 0.46
Cpc Weekday Nursery School & Kindergarten NR Private PK-K 155 0.64
Cpc Weekday Nursery School & Kindergarten NR Private PK-K 155 0.64

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 0.64
Oak Knoll School of the Holy Child NR Private PK, K-12 504 1.02
Kent Place School NR Private PK-12 621 1.08
Oratory Preparatory School NR Private 7-12 373 1.40
St James The Apostle School NR Private PK-8 148 1.71

Nearest high schools

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 1.02
Kent Place School NR Private PK-12 621 1.08
Summit Sr High School 7 Public 9-12 1,161 1.40
Oratory Preparatory School NR Private 7-12 373 1.40
Millburn Sr High School 8 Public 9-12 1,378 1.76

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

Neighbors for 198 Broad Street, Summit

Here are the neighbors for 198 Broad Street, Summit.

Address Square feet Purchase date Purchase price
111 Morris Ave, Summit 868 10/19/2023 $510,000
168 Broad St, Summit 1,740 02/27/2023 $750,000
170 Broad St, Summit 1,848 04/15/2008 $1
202 Broad St, Summit 2,032 09/24/1996 $392,500
131 Morris Ave, Summit 3,630 08/01/2022 $976,000
158 Broad St, Summit 2,484 08/26/2021 $6,250,000
10 Ashwood Ave, Summit 1,716 03/29/2019 $1
13 Ashwood Ave, Summit 4,697 03/27/2020 $1
186 Broad St, Summit 5,764 11/12/2002 $250,000
95 Morris Ave, Summit 02/10/2012 $10
133 Morris Ave, Summit 1,564 05/05/1988
172 Broad St, Summit 1,677 01/30/2003 $1
162-164 Broad St, Summit 7,308 03/19/2020 $1,375,000
224 Broad St, Summit 1,822 08/01/1991 $290,000
7-11 Ashwood Ave, Summit 3,624 03/05/2025 $1,100,000
11 Denman Pl, Summit 1,104 11/22/2017 $1
9 Denman Pl, Summit 1,400 02/10/2025 $600,000
184 Broad St, Summit 2,940 11/08/2024 $1
182 Broad St, Summit 1,533 08/11/2010 $1
220 Broad St, Summit 03/05/2025 $500,000

Nearby ZIP Codes for 198 Broad Street, Summit

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