40 Summit Ave, Cedar Knolls, NJ 07927
OFF MARKET

$798,700

Trulia Estimate
  • Studio
  • 2,321 sqft

40 Summit Ave, Cedar Knolls, NJ 07927

Est. Refi. Payment $5,400/mo*
Refinance Your Home
Currently Off Market - Sold Jul 19, 2001 for $345,000

Home Value

Trulia Estimate
$799K
Since 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
MonthEstimated 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

  • Map ViewExplore the area around 40 Summit Ave.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

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

Interior Features

Levels, Entrance, & Accessibility
Stories: 1.5

Property Information

Year Built
Year Built: 1925
Property Type / Style
Property Type: Single Family Home

Exterior Features

Exterior Home Features
Exterior: Wood

Community

Units in Building: 1

Lot Information

Lot Area: 10497 sqft

Price and Tax history

DateEventPrice
Jul 19, 2001
Source: N/A
Sold
$345,000
Nov 4, 1996
Source: N/A
Sold
$241,000

Market trends in Cedar Knolls

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
โ€”
Sale-to-List Price
โ€”
Price per sq ft
โ€”
Available listings
6
2
MoM

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.
  • Vaeason
    "I currently work from home and do not commute but traffic can be heavy during typical peak travel hours. "
  • Kathleen Mcginley
    "Centrally located for many pharma jobs and good space for the money versus city. Also close to many good shopping and restaurants. MPAC is local and gets a lot of good entertainment options."
  • Tonya stephens
    "A great place to live and have family members over . Beautiful yards and friendly neighborhood . Dog friendly "
  • Jose B.
    "Great quite area. Lots of parks, trails, and nice views. People respect each other and acknowledges each other. "
  • Kathleen M.
    "Cedar Knolls has good schools. Morristown has lots of eclectic restaurants, libraries, entertainment and parks."
  • Kathleen M.
    "I live here because itโ€™s an easy commute to work and is relatively easy to get around. Easy traffic, parking is reasonable and there is some cultural opportunities nearby."
  • Ikodiya A.
    "I have lived in this neighborhood for three years and enjoy being close to work, my child's daycare, and nearby grocery and department stores. "
  • Xti424
    "I have worked in Whippany for 5 years and moved to the area about a year ago. I feel that this is one of the last affordable suburban areas in North Jersey. It feels just like the neighborhood that I grew up in. Plus, there is every kind of shopping and dining that you could want within less than 5 miles. Add in the lower than average taxes and it makes Morris County an idyllic community to own a home!"
  • Ozzie M.
    "Hanover is one the most desirable places to live in Morris County in my opinion and many others. I live here, work here and raise my family here. I am a Realtor with specified knowledge of the area and the areas that surround it. With Morristown's booming downtown just clicks away, Hanover is a quiet next door neighbor! With its exceptional school system, nearby shopping centers/malls, easy access to all major highways, taxes are by far the lowest compared to any surrounding counties and NYC commuters love either the park-n-ride bus to Port Authority bus terminal or any one of three nearby train stations that surround us. Hanover welcomes new neighbors and makes them feel right at home!"

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).

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