241 Summit Ave
Summit, NJ 07901
- 5 Beds
- 4 Baths
- 2,514 sqft (on 0.60 acres)
5 Beds
4 Baths
2,514 sqft
(on 0.60 acres)
Home Value
Trulia Estimate
$1.89MSince last month
Decreased$80K (-4.1%)Since last year
Increased$160K (+9.4%)Since last sale
Increased$691K (+58.8%)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 +60% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $1.87M |
| July 2026 | $1.87M |
| June 2026 | $1.95M |
| May 2026 | $1.92M |
| April 2026 | $1.9M |
| March 2026 | $1.86M |
| February 2026 | $1.78M |
| January 2026 | $1.78M |
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 |
|---|---|---|---|---|---|---|---|
0.40 | Single-Family Home | $2,350,000 | 09/19/25 | 4 | 3 | 3,353 | |
0.18 | Single-Family Home | $6,200,000 | 01/13/26 | 3 | 3 | 2,111 | |
0.56 | Single-Family Home | $1,500,000 | 03/19/26 | 4 | 2.5 | 1,739 | |
0.17 | Single-Family Home | $3,325,000 | 10/27/25 | 5 | 5 | - | |
0.68 | Single-Family Home | $3,200,000 | 05/05/26 | 5 | 3 | 2,598 | |
0.72 | Single-Family Home | $1,275,000 | 05/04/26 | 4 | 2 | 2,210 | |
0.09 | Single-Family Home | $3,250,000 | 01/15/26 | 6 | 7 | - | |
0.57 | Single-Family Home | $4,000,000 | 09/04/25 | 6 | 4.5 | 5,461 | |
0.23 | Single-Family Home | $1,350,000 | 09/05/25 | 4 | 2 | - | |
0.26 | Single-Family Home | $2,850,000 | 10/27/25 | 6 | 5 | - |
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 |
|---|---|---|---|---|---|---|
0.02 | $3,340,300 | 6 | 5 | - | Off Market | |
0.06 | $2,550,000 | 4 | 5 | - | Recently Sold | |
0.08 | $3,759,300 | 6 | 6 | - | Off Market | |
0.09 | $3,250,000 | 6 | 7 | - | Recently Sold | |
0.08 | $2,703,700 | 4 | 5 | - | Off Market | |
0.09 | $2,261,900 | 5 | 5 | - | Off Market | |
0.17 | $2,700,000 | 9 | 7 | - | Recently Sold | |
0.19 | $4,898,100 | 7 | 6 | - | Off Market | |
0.17 | $3,325,000 | 5 | 5 | - | Recently Sold | |
0.19 | $3,995,000 | 9 | 9 | - | Recently Sold | |
0.19 | $5,439,300 | 8 | 7 | - | Off Market | |
0.20 | $5,654,000 | 6 | 8 | - | Off Market |
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1960
Lot Size
0.6 acres
Living Area
2,514 sqft
Price/Sqft
$750
Parking
Garage
About this House
Move right into this 5 bedroom, 3.1 bath Cape Cod. The house is in excellent shape with many updates. Newly installed electric dog fence. Flexible Floor Plan with optional Primary Bedroom on 1st or 2nd Floors. Lower level includes Rec Room, Bedroom/ Ensuite Bath, and Laundry area. Great location close to schools, train, and downtown dining/ shopping.
241 Summit Ave, Summit, NJ 07901 is a 5 bedroom, 4 bathroom, 2,514 sqft single-family home built in 1960. It last sold for $1,175,000 on May 11, 2021. More recently, it was listed as a rental in July 2025 with an asking price of $9,000 per month. That rental listing was removed on August 14, 2025. It is currently off market. The Trulia Estimate is $1,886,400, with a rent estimate of $7,326/month.
Home Details for 241 Summit Ave
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|---|
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 DishwasherDryerMicrowaveRefrigeratorWasher |
Fireplace & Spa Fireplace |
Levels, Entrance, & Accessibility Floors: Tile, Carpet, Hardwood |
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Exterior Home Features Roof: AsphaltDeckExterior: WoodPatio |
Parking & Garage GarageParking Spaces: 2Parking: Garage Attached |
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Year Built Year Built: 1960 |
Property Type / Style Property Type: Single Family HomeArchitecture: Cape Cod |
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Units in Building: 1 |
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Lot Area: 0.60 acres |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Aug 14, 2025 Source: GSMLS #3975868 | ListingRemoved | $9,000 |
Jul 17, 2025 Source: GSMLS #3975868 | Listed For Rent | $9,000 |
May 23, 2023 Source: GSMLS #3692850 | ListingRemoved | |
Sep 30, 2022 Source: Local MLS | ListingRemoved | |
Sep 19, 2022 Source: Local MLS #3808128 | Listed For Rent | $7,000 |
May 11, 2021 Source: GSMLS #3692850 | Sold | $1,175,000 |
Mar 13, 2021 Source: Keller Williams #3692850 | Pending | $1,175,000 |
Feb 19, 2021 Source: GSMLS #3692850 | Listed For Sale | $1,175,000 |
Dec 22, 2018 Source: Agent Provided | ListingRemoved | $1,095,000 |
Dec 5, 2018 Source: Agent Provided | PriceChange | $1,095,000 Price increased by 18,150% |
Nov 12, 2018 Source: Agent Provided | ListingRemoved | $6,000 |
Nov 10, 2018 Source: Agent Provided | Listed For Rent | $6,000 |
Oct 25, 2018 Source: Agent Provided | PriceChange | $1,125,000 Price decreased by 2% |
Oct 5, 2018 Source: Agent Provided | PriceChange | $1,149,000 Price decreased by 4% |
Sep 12, 2018 Source: Agent Provided | Listed For Sale | $1,199,000 |
Jul 1, 2012 Source: Agent Provided | ListingRemoved | $895,000 |
Feb 9, 2012 Source: Agent Provided | Listed For Sale | $895,000 |
Dec 16, 2011 Source: Agent Provided | ListingRemoved | $965,000 |
Nov 2, 2011 Source: Agent Provided | PriceChange | $965,000 Price decreased by 3% |
Oct 19, 2011 Source: Agent Provided | Listed For Sale | $995,000 |
Aug 13, 2011 Source: Agent Provided | ListingRemoved | $995,000 |
May 25, 2011 Source: Agent Provided | Listed For Sale | $995,000 |
Aug 3, 1994 Source: N/A | Sold | $376,500 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $17,803 | $408,700 |
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
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.
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Apartments for Rent
Homes for sale near 241 Summit Ave
Off Market Homes Near 241 Summit Ave
Frequently asked questions about 241 Summit Ave
- What is 241 Summit Ave estimated to be worth?Trulia's estimated value for 241 Summit Ave is $1,886,400.
- What is the price history for 241 Summit Ave?241 Summit Ave last sold for $1,175,000 in May 2021.
- 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.
- Does 241 Summit Ave have air conditioning?Yes, 241 Summit Ave has air conditioning.
- Does 241 Summit Ave have laundry facilities?Yes, 241 Summit Ave has in-unit laundry.