$798,700
- Studio
- 2,321 sqft
40 Summit Ave, Cedar Knolls, NJ 07927
Est. Refi. Payment $5,400/mo*
Refinance Your HomeCurrently Off Market - Sold Jul 19, 2001 for $345,000
Home Value
Trulia Estimate
$799KSince last month
Decreased$40K (-4.7%)Since last year
Decreased$9K (-1.1%)Since last sale
Increased$454K (+131.7%)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 +63% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $799K |
| August 2026 | $799K |
| July 2026 | $839K |
| June 2026 | $817K |
| May 2026 | $815K |
| April 2026 | $838K |
| March 2026 | $789K |
| February 2026 | $785K |
| January 2026 | $798K |
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 |
|---|---|---|---|---|---|---|---|
0.25 | Single-Family Home | $412,000 | 01/21/26 | - | 2,150 | ||
0.11 | Single-Family Home | $630,000 | 06/18/26 | 3 | 2 | - | |
0.15 | Single-Family Home | $700,000 | 08/31/26 | 3 | 2 | - | |
0.13 | Single-Family Home | $735,000 | 06/01/26 | 3 | 2 | - | |
0.55 | Single-Family Home | $888,800 | 12/30/25 | 4 | 3 | 1,708 | |
0.19 | Single-Family Home | $852,250 | 04/24/26 | 3 | 3 | - | |
0.09 | Single-Family Home | $850,000 | 07/17/26 | 3 | 3 | - | |
0.24 | Single-Family Home | $725,000 | 12/01/25 | 3 | 2 | - | |
0.21 | Single-Family Home | $635,000 | 04/03/26 | 3 | 2 | - | |
0.59 | Single-Family Home | $1,170,000 | 05/08/26 | 4 | 3 | 3,400 |
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 |
|---|---|---|---|---|---|---|
0.08 | $1,045,000 | 4 | 3 | - | Off Market | |
0.08 | $527,700 | 2 | 1 | - | Off Market | |
0.09 | $850,000 | 3 | 3 | - | Recently Sold | |
0.11 | $630,000 | 3 | 2 | - | Recently Sold | |
0.13 | $735,000 | 3 | 2 | - | Recently Sold | |
0.15 | $700,000 | 3 | 2 | - | Recently Sold | |
0.13 | $904,200 | 4 | 3 | - | Off Market | |
0.17 | $1,487,800 | 5 | 4 | - | Off Market | |
0.11 | $637,700 | 3 | 2 | - | Off Market | |
0.15 | $770,900 | 4 | 2 | - | Off Market | |
0.19 | $852,250 | 3 | 3 | - | Recently Sold | |
0.18 | $792,400 | 4 | 2 | - | Off Market |
Local Information
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Home Highlights
Single-Family Home
Built in 1925
2,321 sqft
$344/sqft
About this House
This single-family home is located at 40 Summit Ave, Cedar Knolls, NJ. 40 Summit Ave is in Cedar Knolls, NJ and in ZIP code 07927. This property has approximately 2,321 sqft of floor space. This property has a lot size of 10497 sqft and was built in 1925.
40 Summit Ave, Cedar Knolls, NJ 07927 is a studio, 2,321 sqft single-family home built in 1925. It last sold for $345,000 on Jul 19, 2001. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $798,700, with a rent estimate of $4,233/month.
Home Details for 40 Summit Ave
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Levels, Entrance, & Accessibility Stories: 1.5 |
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Year Built Year Built: 1925 |
Property Type / Style Property Type: Single Family Home |
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Exterior Home Features Exterior: Wood |
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Units in Building: 1 |
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Lot Area: 10497 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jul 19, 2001 Source: N/A | Sold | $345,000 |
Nov 4, 1996 Source: N/A | Sold | $241,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $8,728 | $431,000 |
Home facts updated by county records
Market trends in Cedar Knolls
Last updated July 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
6
2MoM
Around this home
What Locals Say about Cedar Knolls
At least 25 Trulia users voted on each feature.
100 % Say it's dog friendly
96 % Say parking is easy
90 % Say car is needed
85 % Say it's quiet
84 % Say there are sidewalks
79 % Say people would walk alone at night
75 % Say streets are well-lit
73 % Say there's wildlife
72 % Say there's holiday spirit
71 % Say kids play outside
69 % Say they plan to stay for at least 5 years
59 % Say neighbors are friendly
58 % Say it's walkable to restaurants
50 % Say yards are well-kept
40 % Say there are community events
32 % 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 40 Summit Ave
- What is 40 Summit Ave estimated to be worth?Trulia's estimated value for 40 Summit Ave in Cedar Knolls, NJ is $798,700.
- What is the price history for 40 Summit Ave?40 Summit Ave in Cedar Knolls, NJ last sold for $345,000 in July 2001.
- Is Cedar Knolls a buyer's or seller's market?Cedar Knolls is currently a seller's market, based on recent for-sale activity.
- What do residents say about Cedar Knolls?Residents describe Cedar Knolls, NJ as dog-friendly, easy to park in, and quiet. Most residents say you need a car. See recently sold homes in Cedar Knolls, NJ.
- How big is the lot at 40 Summit Ave?The lot at 40 Summit Ave in Cedar Knolls, NJ is about 0.24 acres (10,497 sq ft).