$2,795,400
- 5 Beds
- 4.5 Baths
- 3,900 sqft
2 Lorraine Rd, Summit, NJ 07901
Est. Refi. Payment $19,593/mo*
Refinance Your HomeCurrently Off Market - Sold Apr 10, 2023 for $1,899,000
Home Value
Trulia Estimate
$2.79MSince last month
Increased$34K (+1.2%)Since last year
Increased$121K (+4.5%)Since last sale
Increased$892K (+47%)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 +104% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $2.79M |
| August 2026 | $2.76M |
| July 2026 | $2.8M |
| June 2026 | $2.89M |
| May 2026 | $2.76M |
| April 2026 | $2.7M |
| March 2026 | $2.72M |
| February 2026 | $2.69M |
| January 2026 | $2.66M |
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 |
|---|---|---|---|---|---|---|---|
0.23 | Single-Family Home | $1,500,000 | 03/19/26 | 4 | 2.5 | 1,739 | |
0.04 | Single-Family Home | $2,500,000 | 05/15/26 | 5 | 4 | - | |
0.15 | Single-Family Home | $1,900,000 | 05/29/26 | 4 | 4 | - | |
0.20 | Single-Family Home | $2,850,000 | 07/22/26 | 6 | 5 | - | |
0.15 | Single-Family Home | $1,750,000 | 12/19/25 | 4 | 3 | - | |
0.37 | Single-Family Home | $2,307,860 | 08/28/26 | 5 | 5 | - | |
0.36 | Single-Family Home | $1,616,000 | 03/09/26 | 4 | 3 | - | |
0.16 | Single-Family Home | $1,503,000 | 11/10/25 | 3 | 3 | - | |
0.18 | Single-Family Home | $3,230,000 | 06/12/26 | 6 | 6 | - | |
0.72 | Single-Family Home | $3,200,000 | 05/05/26 | 5 | 3 | 2,598 |
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 | $1,999,999 | 5 | 4 | - | Recently Sold | |
0.02 | $2,331,200 | 4 | 4 | - | Off Market | |
0.04 | $2,500,000 | 5 | 4 | - | Recently Sold | |
0.11 | $692,400 | 2 | 2 | - | Off Market | |
0.11 | $552,300 | 2 | 1 | - | Off Market | |
0.08 | $2,536,400 | 4 | 4 | - | Off Market | |
0.13 | $543,600 | 2 | 2 | - | Off Market | |
0.12 | $2,812,100 | 4 | 6 | - | Off Market | |
0.10 | $2,571,300 | 5 | 4 | - | Off Market | |
0.15 | $1,750,000 | 4 | 3 | - | Recently Sold | |
0.15 | $1,900,000 | 4 | 4 | - | Recently Sold | |
0.14 | $560,700 | 2 | 1 | - | Off Market |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 1935
3,900 sqft
$717/sqft
Garage
About this House
This single-family home is located at 2 Lorraine Rd, Summit, NJ. 2 Lorraine Rd is in Summit, NJ and in ZIP code 07901. This property has 5 bedrooms, 5 bathrooms and approximately 3,900 sqft of floor space. This property has a lot size of 8464 sqft and was built in 1935.
2 Lorraine Rd, Summit, NJ 07901 is a 5 bedroom, 5 bathroom, 3,900 sqft single-family home built in 1935. It last sold for $1,899,000 on Apr 10, 2023. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $2,795,400, with a rent estimate of $9,031/month.
Home Details for 2 Lorraine Rd
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Heating & Cooling Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air |
Interior Details Types of Rooms: Walk In Closet, Dining Room |
Appliances & Utilities DryerWasher |
Fireplace & Spa Fireplace |
Levels, Entrance, & Accessibility Floors: Carpet, Hardwood |
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Exterior Home Features Roof: AsphaltExterior: BrickPatio |
Parking & Garage GarageParking: Garage Attached |
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Year Built Year Built: 1935 |
Property Type / Style Property Type: Single Family HomeArchitecture: Colonial |
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Units in Building: 1 |
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Lot Area: 9583 sqft |
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On Site Laundry Available |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Apr 10, 2023 Source: GSMLS #3837316 | Sold | $1,899,000 |
Jul 13, 2017 Source: GSMLS #3372375 | Sold | $1,492,500 |
May 12, 2017 Source: Agent Provided | Pending | $1,550,000 |
Mar 20, 2017 Source: Agent Provided | Listed For Sale | $1,550,000 |
Aug 4, 2016 Source: Agent Provided | ListingRemoved | $1,395,000 |
Apr 21, 2016 Source: Agent Provided | PriceChange | $1,395,000 Price decreased by 15% |
Mar 2, 2016 Source: Agent Provided | Listed For Sale | $1,635,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2024 | $29,599 | $679,500 |
Home facts updated by county records
Market trends in Summit
Last updated August 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
27
6MoM
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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 2 Lorraine Rd
- What is 2 Lorraine Rd estimated to be worth?Trulia's estimated value for 2 Lorraine Rd in Summit, NJ is $2,795,400.
- What is the price history for 2 Lorraine Rd?2 Lorraine Rd in Summit, NJ last sold for $1,899,000 in April 2023.
- 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.
- Does 2 Lorraine Rd have air conditioning?Yes, 2 Lorraine Rd in Summit, NJ has air conditioning.
- Does 2 Lorraine Rd have laundry facilities?Yes, 2 Lorraine Rd in Summit, NJ has in-unit laundry.