49 Madison Ave, Summit, NJ 07901
OFF MARKET

$1,249,100

Trulia Estimate
  • 4 Beds
  • 3 Baths
  • 1,312 sqft

49 Madison Ave, Summit, NJ 07901

Est. Refi. Payment $8,844/mo*
Refinance Your Home
Currently Off Market - Sold Oct 31, 2016 for $770,000

Home Value

Trulia Estimate
$1.25M
Since last month
Increased$2K (+0.1%)
Since last year
Increased$91K (+7.8%)
Since last sale
Increased$481K (+62.5%)
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 +61% in the last 10 years
MonthEstimated value
2026
August 2026$1.25M
August 2026$1.25M
July 2026$1.25M
June 2026$1.27M
May 2026$1.24M
April 2026$1.22M
March 2026$1.21M
February 2026$1.19M
January 2026$1.18M
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
10 Lewis Ave, Summit, NJ
0.50
Single-Family Home
$695,100
01/07/26
2
2
1,384
170 Canoe Brook Pkwy, Summit, NJ
0.48
Single-Family Home
$1,500,000
03/19/26
4
2.5
1,739
16 Lowell Ave, Summit, NJ
0.13
Single-Family Home
$1,130,000
12/10/25
3
2
-
107 Summit Ave, Chatham, NJ
0.77
Single-Family Home
$408,660
03/09/26
4
2
1,714
91 Canoe Brook Pkwy, Summit, NJ
0.59
Single-Family Home
$1,275,000
05/04/26
4
2
2,210
24 GREENFIELD AVE, Summit, NJ
0.50
Single-Family Home
$869,000
11/07/25
4
2
-
128 Watchung Ave, Chatham, NJ
0.97
Single-Family Home
$825,000
03/24/26
4
1.5
1,725
31 Butler Pkwy, Summit, NJ
0.35
Single-Family Home
$890,599
12/05/25
3
2
-
23 Maple St, Chatham, NJ
0.65
Single-Family Home
$1,616,000
07/02/26
6
4
3,500
11 Lewis Ave, Summit, NJ
0.48
Single-Family Home
$1,665,000
07/07/26
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
53 Madison Ave, Summit, NJ 07901
0.02
$1,223,000
3
2
-
Off Market
42 Lowell Ave, Summit, NJ 07901
0.03
$1,200,600
3
2
-
Off Market
59 Madison Ave, Summit, NJ 07901
0.05
$1,171,800
3
2
-
Off Market
1 Webster Ave, Summit, NJ 07901
0.07
$1,249,600
4
3
-
Off Market
61 Madison Ave, Summit, NJ 07901
0.06
$1,045,000
3
2
-
Off Market
7 Webster Ave, Summit, NJ 07901
0.08
$1,232,200
3
2
-
Off Market
21 Webster Ave, Summit, NJ 07901
0.12
$1,198,600
3
2
-
Off Market
16 Lowell Ave, Summit, NJ 07901
0.13
$1,130,000
3
2
-
Recently Sold
11 Lafayette Ave, Summit, NJ 07901
0.13
$1,811,100
Studio
-
-
Off Market
13 Lincoln Ave, Summit, NJ 07901
0.15
$810,600
3
2
-
Off Market
8 Lafayette Ave, Summit, NJ 07901
0.14
$943,400
4
2
-
Off Market
24 Gates Ave #A, Summit, NJ 07901
0.19
$1,310,300
5
5
-
Off Market

Local Information

  • Map ViewExplore the area around 49 Madison Ave.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1952
1,312 sqft
$952/sqft
Garage

About this House

Move right in to this absolutely charming 4 bedroom, 2.5 bath center hall colonial with open floor plan, totally updated throughout! Newly refinished hardwood floors, Living Room with striking fireplace and archway to Family Room with sliders to lush, flat backyard with patio, newly updated kitchen with custom cabinetry, center island with breakfast bar and all new stainless steel appliances, granite counter tops and tiled floor, Master Bedroom with newly renovated en-suite bath, updated Full Hall Bath, several new windows, newly painted interior, new exterior wood fencing - this one has it all! Situated in sought after Summit with easy access top notch schools & direct train to NYC, this one will absolutely not last!
49 Madison Ave, Summit, NJ 07901 is a 4 bedroom, 3 bathroom, 1,312 sqft single-family home built in 1952. It last sold for $770,000 on Oct 31, 2016. More recently, it was listed as a rental in December 2025 with an asking price of $5,950 per month. That rental listing was removed on April 9, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $1,249,100, with a rent estimate of $5,188/month.

Home Details for 49 Madison Ave

Interior Features

Heating & Cooling
Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Interior Details
Types of Rooms: Dining Room
Levels, Entrance, & Accessibility
Floors: Tile, Hardwood

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: WoodPatio
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 1952
Property Type / Style
Property Type: Single Family HomeArchitecture: Colonial

Community

Units in Building: 1

Lot Information

Lot Area: 7405 sqft

Price and Tax history

DateEventPrice
Apr 9, 2026
Source: GSMLS #4000503
ListingRemoved
$5,600
Mar 12, 2026
Source: GSMLS #4000503
PriceChange
$5,600
Price decreased by 6%
Dec 5, 2025
Source: GSMLS #4000503
Listed For Rent
$5,950
Oct 31, 2016
Source: GSMLS #3332752
Sold
$770,000
Sep 1, 2016
Source: Agent Provided
Listed For Sale
$779,000

Market trends in Summit

Last updated July 2026
Buyer'sMarketSeller'sMarket
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.
  • Sfeoli34
    "There are alot of couples with young children so its nice if you have a family or starting one. Its a dog friendly neighborhood and we do block parties etc.. Yet its pretty quiet. Park near bye. "
    1
    Flag
  • Elliotwilbur
    "Great place to raise a family. Public school system is excellent. Numerous commuting options to Manhattan. "
    1
    Flag
  • maria08827
    "It’s very nice, clean and safe . Everyone is nice and friendly! It has a beautiful safe park across the street which is very clean and active. Also close to everything!"
    1
    Flag
  • Anita
    "Summit is a charming town where practical meets comfort. The community is friendly and diverse. Lots of families, singles and dogs. "
    8
    Flag
  • Davidthompsonjr
    "Easy ride to train station and best commuter line in nj. Penn station is crappy but if you can do ferry from hoboken it’s nice."
    2
    Flag
  • Pololas2019
    "the people walk the dogs and is a really nice neighborhood to live i recommended to buy a house in this area "
    1
    Flag
  • Unspecified
    "People take pride in their homes. Family friendly. Very safe. Lived here for 2 years, so happy with the community. "
    1
    Flag
  • Davidthompsonjr
    "Nice town, ppl, and amenities. Great schools and good place to raise your kids. Express trains to the city, makes a difference relative to other areas in nj. "
    0
    Flag
  • Davidthompsonjr
    "Great town to raise a family. Close to best nj commute. Good restaurants in town. Good access to highways. "
    2
    Flag
  • Marcelo N.
    "I love summit best city to live in, respectful people, clean , no crime , no racism or classism . Just a wonderful city"
    0
    Flag
  • Mary T. Z.
    "Street Fairs are very nice in this town. The farmers market is great too! Events at the playhouse are wonderful."
    3
    Flag
  • Randall.lauren
    "This is a very family friendly neighborhood. The restaurants, coffee shops, parks and other amenities are all well suited to families. "
    3
    Flag
  • Samantha Q.
    "We have festivals, block parties, concerts and movie nights in the park. Our neighbors are always outside going for walks, our kids always find other kids to play with!"
    2
    Flag
  • Slong0717
    "Bike parades, kids events. Amazing downtown area. Lots of activities for kids. Easy to commute to NYC. "
    2
    Flag
  • Scott H.
    "There are a lot of dogs around and most are friendly. I wish there was a space for them to run off lead. "
    2
    Flag
  • Rehav
    "less than 10 mins walk to train that goes right to nyc. 3 min drive to get onto Routes 24 and 78. Cant be beat!!"
    2
    Flag
  • EF
    "Lots of friendly dogs and owners to walk with. Park nearby. Quiet streets. Fun dog store in downtown summit. "
    0
    Flag
  • Melissa C.
    "what dog owners like about his neighborhood would be that the doggies would meet other doggies and get along quite nicely and the backyards very spacious "
    0
    Flag
  • Thayesmail
    "Great family neighborhood. Great schools. Great recreation program. Convenient commute to NYC & Airport. "
    0
    Flag
  • layton m.
    "Great, direct line into New York City makes it a quick, convenient and easy commute. I think it’s the best commute into nyc in New Jersey"
    4
    Flag
  • Jhuneke
    "We are in a surprisingly quiet block, despite being on a major thoroughfare, and close to downtown, train station. "
    1
    Flag
  • Laura
    "It’s safe, clean and easy commute to the city, mountains or beach. Very centrally locates. Love it here. Just wish it wasn’t so expensive in this area!!"
    2
    Flag
  • Samantha H.
    "Kind people who are always willing to help each other. Access to fields, train, and walking to downtown. Kids all walk to school. "
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 49 Madison Ave

  • What is 49 Madison Ave estimated to be worth?
    Trulia's estimated value for 49 Madison Ave in Summit, NJ is $1,249,100.
  • What is the price history for 49 Madison Ave?
    49 Madison Ave in Summit, NJ last sold for $770,000 in October 2016.
  • 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 49 Madison Ave have air conditioning?
    Yes, 49 Madison Ave in Summit, NJ has air conditioning.
  • How big is the lot at 49 Madison Ave?
    The lot at 49 Madison Ave in Summit, NJ is about 0.17 acres (7,405 sq ft).

Explore by feature - Pet Friendly

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