Union County  »  40 Silver Lake Dr

40 Silver Lake Drive, Summit, NJ 07901 - Property report

Also known as: 40 Silver Lake Dr

Property image for 40 Silver Lake Drive, Summit, NJ 07901
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Property type

Residential (2)

Year built

1957

Acreage

0.43

Sale price

$1,300,000

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
40 Silver Lake Drive
ZIP code
07901
County
Union
Block
5104
Lot
24
Municipality
2018
Parcel ID
5104-24

Owner

Find out who owns 40 Silver Lake Drive, Summit, NJ 07901. Uncover corporate and individual owners with a free account.

Sales
Sale date
08/04/2020
Sale price
$1,300,000
Arm's length
Tax
Tax year
2026
Current property tax
$27,497
Building
Property type
Residential (2)
Building sq. ft.
3,436
Stories
2
Year built
1957
Exterior structural material
Lot
Acreage
0.43
Zoning & Use
Zoning

Area overview

Walk score
5 /100.  Car-Dependent
Transit score
19 /100.  Minimal Transit
Bike score
4 /100.  Somewhat Bikeable
Broadband internet providers and speed map
Types of broadband connections

Ownership information for 40 Silver Lake Drive, Summit, NJ

Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 40 Silver Lake Drive, Summit, NJ 07901

*Most recent sales on record for this property.

More about Union County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
08/21/2020 - R
08/04/2020 - D
Deed and Realty Tax Fees XXXXXXX, XXXXXXXXX X XXXXXXXX XXXX, XXXXXXXXX X XXXXX
01/17/2013 - R
09/13/2012 - D
Deed and Realty Tax Fees XXXXXXX, XXXX & XXXXXXX, XXXXXXX XXXXXXX, XXXXXXXXX X XXXXXXXX
08/03/2009 - R
07/24/2009 - D
Deed and Realty Tax Fees XXXXXXX, XXXXX X & XXXXXXX, XXXX X XXXXXXX, XXXX & XXXXXXX,XXXXXXX X/X
08/15/2007 - R
08/14/2007 - D
Deed and Realty Tax Fees XXXXXXX,XXXX X & XXXXXXX,XXXXX X XXXXXXX,XXXXX X
09/07/2003 - D Deed and Realty Tax Fees

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 40 Silver Lake Drive, 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
$27,497
Recent tax assessments
Market value
$615,000
Land value
$409,000
Building value
$206,000

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 $615,000 $615,000 4.471 $27,497 +2.64%
2024 $615,000 $615,000 4.356 $26,789 +0.67%
2023 $615,000 $615,000 4.327 $26,611 +1.03%
2022 $615,000 $615,000 4.283 $26,340 -8.71%
2021 $668,400 $668,400 4.317 $28,855 -0.99%
2020 $668,400 $668,400 4.36 $29,142 -0.11%
2019 $668,400 $668,400 4.365 $29,176 +0.65%
2018 $668,400 $668,400 4.337 $28,989 -0.64%
2017 $668,400 $668,400 4.365 $29,176 +1.49%
2016 $668,400 $668,400 4.301 $28,748 +1.99%

Permit information for 40 Silver Lake Drive, Summit, NJ

No recently recorded permits for this property.

Risk

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FEMA flood zones

FEMA flood zones
X

Fire hazard zones

Geohazard zones map

Transportation

Daily traffic map

Access the detailed traffic volume map for 40 Silver Lake Drive, 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)
Franklin Elementary School 8 Public 1-5 327 0.65
Brayton Elementary School 8 Public 1-5 304 0.82
Oak Knoll School of the Holy Child NR Private PK, K-12 504 0.89
Oak Knoll School of the Holy Child NR Private PK, K-12 504 0.89
Salt Brook Elementary School 9 Public K-6 607 1.00
Devel L C New Providence NR Public K-9 74 1.01
Primary Center At Wilson NR Public PK, K 202 1.05
Primary Center At Wilson NR Public PK, K 202 1.05
Cornerstone School Of Summit NR Private PK-K 83 1.27
Cornerstone School Of Summit NR Private PK-K 83 1.27
Nearest middle schools

Name Rating Type Grade range No of students Distance (miles)
Oak Knoll School of the Holy Child NR Private PK, K-12 504 0.89
Devel L C New Providence NR Public K-9 74 1.01
L C Johnson Summit Middle School 7 Public 6-8 942 1.21
Kent Place School NR Private PK-12 621 1.57
The Academy of Our Lady of Peace NR Private PK-8 146 1.70
Oratory Preparatory School NR Private 7-12 373 1.74
Deerfield Elementary School 10 Public 3-8 467 1.76
New Providence Middle School 7 Public 7-8 398 1.84
The Arc Kohler School NR Private PK-12 33 2.28
Crossroads School NR Public PK, K-8 49 2.63
Nearest high schools

Name Rating Type Grade range No of students Distance (miles)
Oak Knoll School of the Holy Child NR Private PK, K-12 504 0.89
Governor Livingston High School 7 Public 9-12 936 1.07
Summit Sr High School 7 Public 9-12 1,161 1.49
Kent Place School NR Private PK-12 621 1.57
Oratory Preparatory School NR Private 7-12 373 1.74
New Providence High School 7 Public 9-12 666 1.84
The Arc Kohler School NR Private PK-12 33 2.28
Work Readiness Academy NR Public 12 25 2.63
Chatham High School 8 Public 9-12 1,231 2.66
Eclc Of New Jersey NR Private 1-12 177 2.81

Data provided by GreatSchools.org © 2026. All rights reserved.

Frequently asked questions

What is the year built for 40 Silver Lake Drive, Summit, NJ 07901?

The development at 40 Silver Lake Drive, Summit, NJ 07901 was built in 1957.

What is the total square footage of 40 Silver Lake Drive, Summit, NJ 07901?

40 Silver Lake Drive, Summit, NJ 07901 has a total of 3,436 square feet.

When was 40 Silver Lake Drive, Summit, NJ 07901 last sold and what was the sale price?

40 Silver Lake Drive, Summit, NJ 07901 was last sold on 08/04/2020 for $1,300,000.

What is the assessed value of 40 Silver Lake Drive, Summit, NJ 07901?

40 Silver Lake Drive, Summit, NJ 07901 is currently assessed at $615,000.

What are the property taxes for 40 Silver Lake Drive, Summit, NJ 07901?

The property taxes for 40 Silver Lake Drive, Summit, NJ 07901 total $27,496.

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