$1,103,700
- 5 Beds
- 3 Baths
- 3,915 sqft (on 0.98 acres)
16 Summit Rd, Morristown, NJ 07960
Est. Refi. Payment $7,399/mo*
Refinance Your HomeCurrently Off Market - Sold Feb 16, 2022 for $764,000
Home Value
Trulia Estimate
$1.1MSince last month
Decreased$33K (-2.9%)Since last year
Increased$24K (+2.2%)Since last sale
Increased$340K (+44.5%)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 +53% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $1.1M |
| August 2026 | $1.1M |
| July 2026 | $1.14M |
| June 2026 | $1.15M |
| May 2026 | $1.16M |
| April 2026 | $1.13M |
| March 2026 | $1.11M |
| February 2026 | $1.06M |
| January 2026 | $1.06M |
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 |
|---|---|---|---|---|---|---|---|
0.22 | Single-Family Home | $1,520,000 | 07/16/26 | 5 | 3 | - | |
0.54 | Single-Family Home | $618,000 | 01/15/26 | 4 | 3.5 | 3,224 | |
0.81 | Single-Family Home | $999,999 | 01/21/26 | 4 | 4 | 3,292 | |
0.27 | Single-Family Home | $1,450,000 | 09/30/25 | 5 | 5 | - | |
0.43 | Single-Family Home | $1,340,000 | 12/19/25 | 5 | 5 | - | |
0.48 | Single-Family Home | $800,000 | 10/10/25 | 4 | 3 | - | |
0.49 | Single-Family Home | $1,500,000 | 08/03/26 | 4 | 4 | - | |
0.56 | Single-Family Home | $940,000 | 01/20/26 | 4 | 3 | - | |
0.54 | Single-Family Home | $999,999 | 10/30/25 | 4 | 3 | - | |
1.33 | Single-Family Home | $989,000 | 11/10/25 | 4 | 2.5 | 3,500 |
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 |
|---|---|---|---|---|---|---|
0.03 | $1,201,300 | 5 | 4 | - | Off Market | |
0.22 | $1,520,000 | 5 | 3 | - | Recently Sold | |
0.21 | $1,047,900 | 4 | 3 | - | Off Market | |
0.27 | $1,514,600 | 5 | 5 | - | Off Market | |
0.28 | $1,554,800 | 5 | 4 | - | Off Market | |
0.27 | $1,296,000 | 5 | 4 | - | Off Market | |
0.32 | $965,900 | 4 | 3 | - | Off Market | |
0.34 | $1,999,000 | 6 | 6 | - | Recently Sold | |
0.36 | $1,555,500 | 4 | 5 | - | Off Market | |
0.33 | $1,165,000 | 4 | 4 | - | Recently Sold | |
0.36 | $950,000 | 4 | 2.5 | - | For Sale | |
0.43 | $1,736,600 | 4 | 4 | - | Off Market |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 1964
0.98 acre lot
3,915 sqft
$282/sqft
Garage
About this House
Recent Price Improvement! Unique custom home with large landscaped lot on a cul de sac. 5 bedrooms, Great Rm, Family Rm, Updated kitchen and baths and spacious rooms. Pride of ownership shows. Truly a MUST SEE property. Home features large formal LR and DR. Kitchen, with granite and S S appliances worthy of Bobby Flay, opens into a great room with stone FP and views of the rear yard. Home has 4 BDR's and two full baths on main level. Ground level has guest room and dedicated office space, large family room, exercise room, full bath and a huge laundry Mud room. 4000 square feet of living space. The outdoors has a trex deck, flagstone patio, and lush landscape reminiscent of a true English garden with water feature, underground sprinkler system, 2 storage sheds and greenhouse for the true gardener. Rear yard fenced . Baths updated. Roof is new. Must be seen.
16 Summit Rd, Morristown, NJ 07960 is a 5 bedroom, 3 bathroom, 3,915 sqft single-family home in Butterworth Farms, built in 1964. It last sold for $764,000 on Feb 16, 2022. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $1,103,700, with a rent estimate of $7,205/month.
Home Details for 16 Summit Rd
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Levels, Entrance, & Accessibility Stories: 1.5Floors: Carpet, Hardwood, Laminate |
Appliances & Utilities DishwasherDryerMicrowave |
Fireplace & Spa FireplaceHot Tub or Spa |
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Exterior Home Features Roof: Asphalt, Shake ShingleDeckExterior: WoodPatioSprinkler System |
Parking & Garage GarageParking Spaces: 2Parking: Garage Attached |
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Year Built Year Built: 1964 |
Property Type / Style Property Type: Single Family HomeArchitecture: Other |
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Units in Building: 1 |
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Lot Area: 0.98 acres |
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Greenhouse |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Feb 16, 2022 Source: GSMLS #3716351 | Sold | $764,000 |
Oct 30, 2021 Source: GSMLS #3716351 | Listed For Sale | $780,000 |
Oct 15, 2021 Source: Weichert Pro | ListingRemoved | |
Oct 1, 2021 Source: GSMLS #3716351 | PriceChange | $780,000 Price decreased by 5% |
Aug 11, 2021 Source: Weichert Pro #3716351 | PriceChange | $820,000 Price decreased by 3% |
Jul 14, 2021 Source: Weichert Pro #3716351 | PriceChange | $845,000 Price decreased by 2% |
Jun 1, 2021 Source: Weichert Pro #3716351 | Listed For Sale | $860,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $13,369 | $667,800 |
Home facts updated by county records
Market trends in Morristown
Last updated July 2026
Avg. sale price
$899K
$25.5KMoM
Sale-to-List Price
107.0%
0.9%MoM
Price per sq ft
$457
$23MoM
Available listings
84
12MoM
Around this home
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 16 Summit Rd
- What is 16 Summit Rd estimated to be worth?Trulia's estimated value for 16 Summit Rd in Morristown, NJ is $1,103,700.
- What is the price history for 16 Summit Rd?16 Summit Rd in Morristown, NJ last sold for $764,000 in February 2022.
- Is Morristown a buyer's or seller's market?Morristown is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Morristown?The median sale price in Morristown is $899K. That is up $25.5K from the prior month.
- Does 16 Summit Rd have laundry facilities?Yes, 16 Summit Rd in Morristown, NJ has laundry facilities.
- How big is the lot at 16 Summit Rd?The lot at 16 Summit Rd in Morristown, NJ is about 0.98 acres (42,689 sq ft).