308 Summit Ave
Summit, NJ 07901
- 5 Beds
- 3.5 Baths
- 3,313 sqft (on 0.73 acres)
5 Beds
3.5 Baths
3,313 sqft
(on 0.73 acres)
Home Value
Trulia Estimate
$2.57MSince last month
Decreased$72K (-2.7%)Since last year
Increased$153K (+6.4%)Since last sale
Increased$1M (+70.9%)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 +66% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $2.56M |
| July 2026 | $2.55M |
| June 2026 | $2.64M |
| May 2026 | $2.6M |
| April 2026 | $2.54M |
| March 2026 | $2.5M |
| February 2026 | $2.39M |
| January 2026 | $2.4M |
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 |
|---|---|---|---|---|---|---|---|
0.42 | Single-Family Home | $2,350,000 | 09/19/25 | 4 | 3 | 3,353 | |
0.17 | Single-Family Home | $3,325,000 | 10/27/25 | 5 | 5 | - | |
0.59 | Single-Family Home | $3,200,000 | 05/05/26 | 5 | 3 | 2,598 | |
0.67 | Single-Family Home | $1,275,000 | 05/04/26 | 4 | 2 | 2,210 | |
0.73 | Single-Family Home | $1,500,000 | 03/19/26 | 4 | 2.5 | 1,739 | |
0.48 | Single-Family Home | $6,200,000 | 01/13/26 | 3 | 3 | 2,111 | |
0.27 | Single-Family Home | $3,500,000 | 06/26/26 | 5 | 5 | - | |
0.27 | Single-Family Home | $3,250,000 | 01/15/26 | 6 | 7 | - | |
0.48 | Single-Family Home | $1,936,000 | 03/17/26 | 5 | 4 | - | |
0.49 | Single-Family Home | $1,621,500 | 10/27/25 | 4 | 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 |
|---|---|---|---|---|---|---|
0.04 | $3,883,400 | 6 | 7 | - | Off Market | |
0.15 | $5,654,000 | 6 | 8 | - | Off Market | |
0.17 | $3,325,000 | 5 | 5 | - | Recently Sold | |
0.19 | $3,769,900 | 5 | 9 | - | Off Market | |
0.20 | $4,200,000 | 7 | 8 | - | Recently Sold | |
0.27 | $3,500,000 | 5 | 5 | - | Recently Sold | |
0.28 | $1,775,000 | Studio | - | - | Recently Sold | |
0.27 | $3,250,000 | 6 | 7 | - | Recently Sold | |
0.29 | $3,153,400 | 6 | 7 | - | Off Market | |
0.32 | $2,810,500 | 4 | 4 | - | Off Market | |
0.32 | $2,608,000 | 5 | 5 | - | Off Market | |
0.33 | $3,021,600 | 4 | 5 | - | Off Market |
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1952
Lot Size
0.73 acres
Living Area
3,313 sqft
Price/Sqft
$776
Parking
Garage
About this House
Counted among significant homes lining north Summit Avenue, this superb 5-bedroom Colonial rests on ¾ acre of beautiful, private property with room for a swimming pool or tennis court. An inviting summer porch spans the facade. Large-scale rooms, gleaming light hardwood floors and abundant newer windows showcase the private, level, park-like backyard. Brand new eat-In Kitchen (prem cabinets, quartz counters and backsplash, large island, stainless steel appliances by Dacor, Sub/Zero & Bosch + wine bar) opens to family room with cathedral ceiling and walls of windows. 1st floor access to oversized 2-car garage. Master bedroom suite, 2 well-sized bedrooms plus sep 4th/5th bedroom with bath offer flexibility for in-law/au pair. Finished lower level rec room/laundry has high ceilings. 1.2 mi to downtown Summit & NYC trains. 15 min to EWR.
308 Summit Ave, Summit, NJ 07901 is a 5 bedroom, 4 bathroom, 3,313 sqft single-family home built in 1952. It last sold for $1,500,000 on Sep 15, 2020. It is currently off market. The Trulia Estimate is $2,571,700, with a rent estimate of $7,940/month.
Home Details for 308 Summit Ave
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Interior Details BasementAtticNumber of Rooms: 15Types of Rooms: Walk In Closet, Dining Room, Family Room, Laundry Room, Master Bath, Mud Room, Office, Recreation RoomCeiling Fan |
Heating & Cooling Heating: Baseboard, Forced Air, Electric, GasAir ConditioningCooling System: CentralHeating Fuel: Baseboard |
Levels, Entrance, & Accessibility Stories: 2Floors: Tile, Hardwood |
Appliances & Utilities Cable ReadyDishwasherDisposalDryerMicrowaveRefrigeratorWasher |
Fireplace & Spa Fireplace |
Windows, Doors, Floors & Walls Double Paned Windows |
Security Security System |
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Exterior Home Features Roof: Asphalt, OtherExterior: Wood, BrickGardenLawnPatioPorch |
Parking & Garage GarageParking Spaces: 8Parking: Garage Attached, Off Street, On Street |
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Year Built Year Built: 1952Year Updated: 2020 |
Property Type / Style Property Type: Single Family HomeArchitecture: Colonial |
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Units in Building: 1 |
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Lot Area: 0.73 acres |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Sep 15, 2020 Source: N/A | Sold | $1,500,000 |
Nov 26, 2019 Source: Agent Provided | ListingRemoved | $1,482,000 |
Aug 7, 2019 Source: Agent Provided | PriceChange | $1,482,000 Price decreased by 2% |
May 15, 2019 Source: Agent Provided | Listed For Sale | $1,515,000 |
Nov 26, 2018 Source: Agent Provided | ListingRemoved | $1,680,000 |
Sep 10, 2018 Source: Agent Provided | Listed For Sale | $1,680,000 |
Jul 16, 1999 Source: N/A | Sold | $762,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $31,189 | $716,000 |
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.
LGBTQ Local Legal Protections
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Apartments for Rent
Homes for sale near 308 Summit Ave
Off Market Homes Near 308 Summit Ave
Frequently asked questions about 308 Summit Ave
- What is 308 Summit Ave estimated to be worth?Trulia's estimated value for 308 Summit Ave is $2,571,700.
- What is the price history for 308 Summit Ave?308 Summit Ave last sold for $1,500,000 in September 2020.
- 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 308 Summit Ave have air conditioning?Yes, 308 Summit Ave has air conditioning.
- Does 308 Summit Ave have laundry facilities?Yes, 308 Summit Ave has in-unit laundry.

