16B Walnut Pl, Summit, NJ 07901
Property image
Property image
OFF MARKET

16B Walnut Pl
Summit, NJ 07901

  • 5 Beds
  • 3 Baths

$1,097,300

Trulia Estimate
as of Aug 11, 2026
Est. Refi. Payment $7,539/mo*
Refinance Your Home

$1,097,300

Trulia Estimate
as of Aug 11, 2026
Est. Refi. Payment $7,539/mo*
Refinance Your Home
5 Beds
3 Baths

Home Value

Trulia Estimate
$1.1M
Since last month
Decreased$111K (-9.2%)
Since last year
Increased$63K (+6%)
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 +4% in the last 10 years
MonthEstimated value
2026
August 2026$1.1M
July 2026$1.08M
June 2026$1.21M
May 2026$1.13M
April 2026$1.04M
March 2026$1.07M
February 2026$1.06M
January 2026$996K
2025
2024
2023

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
23 William St, Summit, NJ
0.21
Multi-Family Home
$1,200,000
02/20/26
-
-
69 Ashwood Ave, Summit, NJ
0.56
Multi-Family Home
$990,000
01/30/26
-
-
25 Walnut St, Summit, NJ
0.08
Multi-Family Home
$620,000
10/16/25
-
-
475 Morris Ave, Summit, NJ
1.01
Multi-Family Home
$950,000
12/01/25
-
-
71 Broad St, Summit, NJ
1.03
Multi-Family Home
$821,000
10/28/25
-
-
15 Trivett Ave S, Springfield, NJ
2.25
Multi-Family Home
$800,000
09/16/25
6
3
2,290
23 EUCLID AVENUE, Summit, NJ
0.47
Multi-Family Home
$1,615,000
08/07/26
-
-
16 Russell Pl, Summit, NJ
0.51
Multi-Family Home
$1,315,000
08/03/26
-
-
26 Orchard St, Summit, NJ
0.52
Multi-Family Home
$690,000
07/24/26
-
-
30 Aubrey St, Summit, NJ
1.27
Multi-Family Home
$1,510,000
03/13/26
-
-

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
16 Beauvoir Ave, Summit, NJ 07901
0.04
$270,000
4
1
-
Recently Sold
14 BEAUVOIR AVE, Summit, NJ 07901
0.06
$924,700
3
2
-
Off Market
10 Beauvoir Ave, Summit, NJ 07901
0.06
$530,300
3
2
-
Off Market
18 Beauvoir Ave, Summit, NJ 07901
0.06
$721,900
3
1
-
Off Market
20 Beauvoir Ave., Summit, NJ 07901
0.07
$924,700
3
2
-
Off Market
25 Walnut St, Summit, NJ 07901
0.08
$620,000
Studio
-
-
Recently Sold
30 Elm St #30J, Summit, NJ 07901
0.09
$521,900
1
1
-
Off Market
30 Elm St #30D, Summit, NJ 07901
0.09
$963,500
2
4
-
Off Market
42 ELM STREET #38A, Summit, NJ 07901
0.09
$636,600
1
2
-
Off Market
42 Elm St #38F, Summit, NJ 07901
0.09
$836,300
2
4
-
Off Market
42 Elm St Unit 38D #38D, Summit, NJ 07901
0.09
$885,000
2
4
-
Off Market
42 Elm St #38B, Summit, NJ 07901
0.09
$565,100
1
1
-
Off Market

Local Information

  • Map ViewExplore the area around 16B Walnut Pl.
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1940

About this House

This multi-family home is located at 16B Walnut Pl, Summit, NJ. 16B Walnut Pl is in Summit, NJ and in ZIP code 07901. This property has 5 bedrooms and 3 bathrooms. This property was built in 1940.
16B Walnut Pl, Summit, NJ 07901 is a 5 bedroom, 3 bathroom multi-family built in 1940. More recently, it was listed as a rental in November 2025 with an asking price of $5,800 per month. That rental listing was removed on January 28, 2026. It is currently off market. The Trulia Estimate is $1,097,300, with a rent estimate of $4,823/month.

Home Details for 16B Walnut Pl

Interior Features

Heating & Cooling
Heating: Forced Air, Electric, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Interior Details
Types of Rooms: Walk In Closet, Dining Room
Appliances & Utilities
DishwasherDisposalDryerRefrigeratorWasher
Levels, Entrance, & Accessibility
Floors: Tile, Hardwood, Laminate
Security
Security System

Property Information

Year Built
Year Built: 1940
Property Type / Style
Property Type: Multi Family

Exterior Features

Parking & Garage
Parking Spaces: 2Parking: None

Price and Tax history

DateEventPrice
Jan 28, 2026
Source: GSMLS #3998911
ListingRemoved
$5,800
Nov 21, 2025
Source: GSMLS #3998911
Listed For Rent
$5,800
Mar 31, 2022
Source: Zillow Rental Network Premium
ListingRemoved
Mar 13, 2022
Source: Zillow Rental Network Premium #3768849
Listed For Rent
$4,500

Market trends in Summit

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
38
5MoM
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Around this home

What Locals Say about Summit

At least 243 Trulia users voted on each feature.

  • 91 % Say it's dog friendly

  • 82 % Say people would walk alone at night

  • 82 % Say there's holiday spirit

  • 79 % Say car is needed

  • 76 % Say it's walkable to restaurants

  • 75 % Say kids play outside

  • 74 % Say yards are well-kept

  • 73 % Say parking is easy

  • 71 % Say it's quiet

  • 70 % Say there are sidewalks

  • 66 % Say they plan to stay for at least 5 years

  • 62 % Say streets are well-lit

  • 61 % Say there's wildlife

  • 61 % Say there are community events

  • 58 % Say neighbors are friendly

  • 42 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Sfeoli34
    "There are alot of couples with young children so its nice if you have a family or starting one. Its a dog friendly neighborhood and we do block parties etc.. Yet its pretty quiet. Park near bye. "
    1
    Flag
  • Elliotwilbur
    "Great place to raise a family. Public school system is excellent. Numerous commuting options to Manhattan. "
    1
    Flag
  • maria08827
    "It’s very nice, clean and safe . Everyone is nice and friendly! It has a beautiful safe park across the street which is very clean and active. Also close to everything!"
    1
    Flag
  • Anita
    "Summit is a charming town where practical meets comfort. The community is friendly and diverse. Lots of families, singles and dogs. "
    8
    Flag
  • Davidthompsonjr
    "Easy ride to train station and best commuter line in nj. Penn station is crappy but if you can do ferry from hoboken it’s nice."
    2
    Flag
  • Pololas2019
    "the people walk the dogs and is a really nice neighborhood to live i recommended to buy a house in this area "
    1
    Flag
  • Unspecified
    "People take pride in their homes. Family friendly. Very safe. Lived here for 2 years, so happy with the community. "
    1
    Flag
  • Davidthompsonjr
    "Nice town, ppl, and amenities. Great schools and good place to raise your kids. Express trains to the city, makes a difference relative to other areas in nj. "
    0
    Flag
  • Davidthompsonjr
    "Great town to raise a family. Close to best nj commute. Good restaurants in town. Good access to highways. "
    2
    Flag
  • Marcelo N.
    "I love summit best city to live in, respectful people, clean , no crime , no racism or classism . Just a wonderful city"
    0
    Flag
  • Mary T. Z.
    "Street Fairs are very nice in this town. The farmers market is great too! Events at the playhouse are wonderful."
    3
    Flag
  • Randall.lauren
    "This is a very family friendly neighborhood. The restaurants, coffee shops, parks and other amenities are all well suited to families. "
    3
    Flag
  • Samantha Q.
    "We have festivals, block parties, concerts and movie nights in the park. Our neighbors are always outside going for walks, our kids always find other kids to play with!"
    2
    Flag
  • Slong0717
    "Bike parades, kids events. Amazing downtown area. Lots of activities for kids. Easy to commute to NYC. "
    2
    Flag
  • Scott H.
    "There are a lot of dogs around and most are friendly. I wish there was a space for them to run off lead. "
    2
    Flag
  • Rehav
    "less than 10 mins walk to train that goes right to nyc. 3 min drive to get onto Routes 24 and 78. Cant be beat!!"
    2
    Flag
  • EF
    "Lots of friendly dogs and owners to walk with. Park nearby. Quiet streets. Fun dog store in downtown summit. "
    0
    Flag
  • Melissa C.
    "what dog owners like about his neighborhood would be that the doggies would meet other doggies and get along quite nicely and the backyards very spacious "
    0
    Flag
  • Thayesmail
    "Great family neighborhood. Great schools. Great recreation program. Convenient commute to NYC & Airport. "
    0
    Flag
  • layton m.
    "Great, direct line into New York City makes it a quick, convenient and easy commute. I think it’s the best commute into nyc in New Jersey"
    4
    Flag
  • Jhuneke
    "We are in a surprisingly quiet block, despite being on a major thoroughfare, and close to downtown, train station. "
    1
    Flag
  • Laura
    "It’s safe, clean and easy commute to the city, mountains or beach. Very centrally locates. Love it here. Just wish it wasn’t so expensive in this area!!"
    2
    Flag
  • Samantha H.
    "Kind people who are always willing to help each other. Access to fields, train, and walking to downtown. Kids all walk to school. "
    0
    Flag

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Apartments for Rent

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Explore by feature - Pet Friendly

13 pet-friendly rentals in Summit, NJ

Explore by feature - Garage

18 rentals with a garage in Summit, NJ

Explore by feature - Air Conditioning

35 rentals with air conditioning in Summit, NJ

Explore by feature - Washer/dryer

30 rentals with a washer/dryer in Summit, NJ

Explore by feature - Outdoor Space

6 rentals with an outdoor space in Summit, NJ

Homes for sale near 16B Walnut Pl

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Off Market Homes Near 16B Walnut Pl

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Frequently asked questions about 16B Walnut Pl

  • What is 16B Walnut Pl estimated to be worth?
    Trulia's estimated value for 16B Walnut Pl in Summit, NJ is $1,097,300.
  • Is Summit a buyer's or seller's market?
    Summit is currently a seller's market, based on recent for-sale activity.
  • What do residents say about Summit?
    Residents describe Summit, NJ as dog-friendly, walkable to restaurants, and well-kept. See recently sold homes in Summit, NJ.
  • What are the closest schools to 16B Walnut Pl?
    The closest schools to 16B Walnut Pl in Summit, NJ are Brayton Elementary School (rated 10/10), Jefferson Primary Center (Pre-K), L C Johnson Summit Middle School (rated 8/10).
  • Does 16B Walnut Pl have air conditioning?
    Yes, 16B Walnut Pl in Summit, NJ has air conditioning.
  • Does 16B Walnut Pl have laundry facilities?
    Yes, 16B Walnut Pl in Summit, NJ has in-unit laundry.