Summit, 07901 Real Estate Overview


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Average Listing Price

  • $1,190,596
  • for week ending Dec 17
  • -$123,752
  • -9.4%
  • w-o-w

Median Sales Price

  • $697,500
  • Sep '14 - Dec '14
  • $65,350
  • -8.6%
  • y-o-y

Average Listing Price $1,190,596 -9.4% w-o-w
Median Sales Price $697,500 -8.6% y-o-y
Average Price/sqft $363 -20.7% y-o-y
Number of Sales 44 -29.0 % y-o-y

Most popular zip codes Avg. listing Price
Week ending Dec 17
w-o-w
07083 $294,842 -0.3%
07090 $975,660 +3.8%
07901 $1,190,596 -9.4%
07036 $237,449 +0.8%
07076 $617,201 -2.6%
Movers & Shakers Avg. listing price
Week ending Dec 17
w-o-w
07901 $1,190,596 -9.4%
07974 $652,084 -5.1%
07027 $419,650 +5.0%
07201 $171,300 -4.7%
07061 $209,000 -4.6%
View Union County Home Prices Map

Summary for Summit, 07901


The median sales price for homes in ZIP code 07901 in Summit from Sep 14 to Dec 14 was $697,500 based on 44 sales. Compared to the same period one year ago, the median sales price decreased 8.6%, or $65,350, and the number of sales decreased 29%. Average price per square foot for homes in 07901 was $363, a decrease of 4.2% compared to the same period last year. There are currently 62 resale and new homes in ZIP code 07901 on Trulia, including 1 open house, as well as 49 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in 07901 was $1,190,596 for the week ending Dec 17, which represents a decrease of 9.4%, or $123,752, compared to the prior week.


District Type Grades Schools Students
Summit Public Schools Public PK - 12 9 3,953
School Name School Type Grades Parent Rating
Jefferson Elementary School Public 1 - 5
Franklin Elementary School Public 1 - 5
Bilingual Buds Private
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Homes for Sale in 07901
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