Summit, 07901 Real Estate Overview


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  • Commute
  • Amenities
  • Affordability
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Average Listing Price

  • $1,287,008
  • for week ending May 27
  • -$48,288
  • -3.6%
  • w-o-w

Median Sales Price

  • $818,250
  • Feb '15 - May '15
  • +$114,634
  • +16.3%
  • y-o-y

Average Listing Price $1,287,008 -3.6% w-o-w
Median Sales Price $818,250 +16.3% y-o-y
Average Price/sqft $693 +66.6% y-o-y
Number of Sales 20 -58.3 % y-o-y

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Most popular zip codes Avg. listing Price
Week ending May 27
w-o-w
07083 $296,348 +1.1%
07090 $976,199 -1.3%
07901 $1,287,008 -3.6%
07016 $503,223 -1.4%
07036 $260,053 +2.2%
Movers & Shakers Avg. listing price
Week ending May 27
w-o-w
07206 $205,127 +5.7%
07060 $276,219 +5.4%
07205 $229,344 +4.7%
07088 $213,432 -3.9%
07901 $1,287,008 -3.6%
View Union County Home Prices Map

Summary for Summit, 07901


The median sales price for homes in ZIP code 07901 in Summit from Feb 15 to May 15 was $818,250 based on 20 sales. Compared to the same period one year ago, the median sales price increased 16.3%, or $114,634, and the number of sales decreased 58.3%. Average price per square foot for homes in 07901 was $693, an increase of 103.2% compared to the same period last year. There are currently 122 resale and new homes in ZIP code 07901 on Trulia, including 6 open houses, as well as 43 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 $1,287,008 for the week ending May 27, which represents a decrease of 3.6%, or $48,288, 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 PK - 3
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Homes for Sale in 07901
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