40 Prospect Hill Ave Summit, NJ 07901

Built 1925 · Residential2 owner signals on a paid plan
Assessed
$2,340,300
Last sale
$6,500,000Dec 20, 2023
Built
1925
Size
5,880 sq ft
Status
No open cases

Property information

Block
3502
Lot
16
Qualifier
—
County
Union
Municipality
Summit City
Tax map page
35
Land description
200X248

Building details

Building class
20
Description
2SFBG&G
Dwellings
1
Zoning
R25
Square feet
5,880
Acreage
1.14 ac

Assessment

Land value
$621,700
27%
Improvement value
$1,718,600
73%
Total assessment
$2,340,300
Sale assessment
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Tax (2024)
$63,815

Owner mailing

Street address

Property information on this site is compiled from public sources and is provided as-is; we do not guarantee its accuracy.

5 events · 1925–2023

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  • Deed recorded

    +117% vs 2000
    $6,500,000
    Per sq ft$1,105Held23.3 yrsSq ft5,880RecordedDec 28, 2023
  • 23 years
  • Deed recorded

    +88% vs 1996
    $3,000,000
    Held4.4 yrs
  • 4 years
  • Deed recorded

    +10% vs 1988
    $1,595,000
    Held7.4 yrs
  • 7 years
  • Deed recorded

    $1,450,000
  • 64 years
  • Property Built

County clerks also index recorded documents by address and by the names on them. Search Union County records

YearProperty taxChangeLandImprovementAssessment
2024$63,815+0.7%$621,700$1,718,600$2,340,300
2023$63,391+0.2%$621,700$843,300$1,465,000
2022$63,244-1.0%$621,700$843,300$1,465,000
2021$63,874-13.5%$621,700$843,300$1,465,000
2020$73,817+0.6%$621,700$843,300$1,465,000
2019$73,343-0.6%$621,700$1,069,400$1,691,100
2018$73,817+1.5%$621,700$1,069,400$1,691,100
2017$72,734-5.0%$621,700$1,069,400$1,691,100
2016$76,585+2.7%$621,700$1,069,400$1,691,100
2015$74,605+1.1%$621,700$1,194,400$1,816,100
2014$73,770+2.4%$621,700$1,194,400$1,816,100
2013$72,045+3.6%$621,700$1,194,400$1,816,100
2012$69,538+2.4%$621,700$1,194,400$1,816,100
2011$67,904+4.2%$621,700$1,194,400$1,816,100
2010$65,180+4.5%$621,700$1,194,400$1,816,100
2009$62,383+3.9%$621,700$1,194,400$1,816,100
2008$60,040+8.3%$621,700$1,194,400$1,816,100
2007$55,442+6.4%$621,700$1,194,400$1,816,100
2006$52,100+5.7%$621,700$1,165,600$1,787,300
2005$49,294+11.4%$621,700$1,165,600$1,787,300
2004$44,262+26.3%$621,700$1,070,900$1,692,600
2003$35,042+7.5%$621,700$974,600$1,596,300
2002$32,587+5.9%$621,700$839,600$1,461,300
2001$30,760+4.7%$621,700$839,600$1,461,300
2000$29,372+4.7%$621,700$839,600$1,461,300
1999$28,057+7.0%$621,700$839,600$1,461,300
1998$26,227+6.5%$621,700$839,600$1,461,300
1997$24,616+1.7%$621,700$730,800$1,352,500
1996$24,210+3.5%$621,700$730,800$1,352,500
1995$23,398+57.6%$621,700$730,800$1,352,500
1994$14,848+6.6%$621,700$730,800$1,352,500
1993$13,932+3.1%$167,800$213,900$381,700
1992$13,512—$167,800$213,900$381,700