123 Prospect St
Summit, NJ 07901
Woodland Park
Studio
4,030 sqft (on 0.72 acres)
Studio
4,030 sqft
(on 0.72 acres)
Home Value
Trulia Estimate
$2.88MSince last month
Increased$5K (+0.2%)Since last year
Increased$284K (+10.9%)Since last sale
Increased$2M (+252.2%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +47% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $2.88M |
| July 2026 | $2.87M |
| June 2026 | $2.82M |
| May 2026 | $2.77M |
| April 2026 | $2.71M |
| March 2026 | $2.62M |
| February 2026 | $2.67M |
| January 2026 | $2.64M |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.32 | Single-Family Home | $700,000 | 12/04/25 | - | 1,593 | ||
0.28 | Single-Family Home | $2,000,000 | 06/04/26 | - | 2,242 | ||
0.32 | Single-Family Home | $1,275,000 | 09/09/25 | 2 | 3 | - | |
0.40 | Single-Family Home | $875,000 | 11/12/25 | - | 1,496 | ||
0.32 | Single-Family Home | $1,385,000 | 10/15/25 | 2 | 3 | - | |
0.79 | Single-Family Home | $1,300,000 | 09/16/25 | 5 | 4.5 | 4,301 | |
0.09 | Single-Family Home | $1,938,900 | 08/21/26 | 4 | 4 | - | |
0.16 | Single-Family Home | $1,900,000 | 08/10/26 | 6 | 5 | - | |
0.32 | Single-Family Home | $2,295,000 | 09/02/25 | 6 | 5 | - | |
0.36 | Single-Family Home | $792,500 | 10/16/25 | 2 | 3 | - |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.10 | $4,791,200 | 6 | 7 | - | Off Market | |
0.10 | $3,013,900 | 5 | 5 | - | Off Market | |
0.09 | $1,938,900 | 4 | 4 | - | Recently Sold | |
0.12 | $4,559,300 | 7 | 5 | - | Off Market | |
0.14 | $1,929,000 | 5 | 4 | - | Off Market | |
0.16 | $1,900,000 | 6 | 5 | - | Recently Sold | |
0.15 | $912,200 | 2 | 2 | - | Off Market | |
0.17 | $2,410,000 | 5 | 4 | - | Recently Sold | |
0.16 | $2,119,300 | 4 | 4 | - | Off Market | |
0.18 | $2,607,300 | 4 | 5 | - | Off Market | |
0.19 | $1,610,200 | 3 | 3 | - | Off Market | |
0.19 | $1,415,000 | 3 | 2 | - | Recently Sold |
Local Information
- Map ViewExplore the area around 123 Prospect St.
- Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
- Shop & Eat
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1978
Lot Size
0.72 acres
Living Area
4,030 sqft
Price/Sqft
$714
About this House
This single-family home is located at 123 Prospect St, Summit, NJ. 123 Prospect St is in the Woodland Park neighborhood in Summit, NJ and in ZIP code 07901. This property has approximately 4,030 sqft of floor space. This property has a lot size of 0.72 acres and was built in 1978.
123 Prospect St, Summit, NJ 07901 is a studio, 4,030 sqft single-family home in Woodland Park, built in 1978. It last sold for $817,000 on Feb 5, 1998. It is currently off market. The Trulia Estimate is $2,877,600, with a rent estimate of $6,250/month.
Home Details for 123 Prospect St
|
|---|
Levels, Entrance, & Accessibility Stories: 2 |
|
|---|
Year Built Year Built: 1978 |
Property Type / Style Property Type: Single Family Home |
|
|---|
Exterior Home Features Exterior: Brick |
|
|---|
Units in Building: 1 |
|
|---|
Lot Area: 0.72 acres |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Feb 5, 1998 Source: N/A | Sold | $817,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2024 | $39,805 | $913,800 |
Home facts updated by county records
Market trends in Summit
Last updated July 2026
Avg. sale price
$1.49M
$193KMoM
Sale-to-List Price
—
Price per sq ft
$719
Available listings
33
5MoM
Around this home
Neighborhood Overview
Neighborhood stats provided by third party data sources.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 123 Prospect St
- What is 123 Prospect St estimated to be worth?Trulia's estimated value for 123 Prospect St in Summit, NJ is $2,877,600.
- What is the price history for 123 Prospect St?123 Prospect St in Summit, NJ last sold for $817,000 in February 1998.
- Is Summit a buyer's or seller's market?Summit is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Summit?The median sale price in Summit is $1.49M. That is up $193K from the prior month.
- How big is the lot at 123 Prospect St?The lot at 123 Prospect St in Summit, NJ is about 0.72 acres (31,319 sq ft).
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