5 Summit Ave
Bloomfield, NJ 07003
- 4 Beds
- 2 Baths
- 1,750 sqft
4 Beds
2 Baths
1,750 sqft
Home Value
Trulia Estimate
$734KSince last month
Decreased$19K (-2.5%)Since last year
Increased$9K (+1.2%)Since last sale
Increased$244K (+49.8%)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 +112% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $734K |
| July 2026 | $740K |
| June 2026 | $753K |
| May 2026 | $741K |
| April 2026 | $731K |
| March 2026 | $734K |
| February 2026 | $722K |
| January 2026 | $722K |
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 |
|---|---|---|---|---|---|---|---|
0.59 | Multi-Family Home | $700,000 | 03/06/26 | 4 | 2 | 1,771 | |
0.76 | Multi-Family Home | $535,000 | 02/03/26 | 3 | 2 | 1,730 | |
0.67 | Multi-Family Home | $580,000 | 09/09/25 | 3 | 2 | 1,296 | |
0.62 | Multi-Family Home | $707,000 | 03/16/26 | 4 | 3 | 2,358 | |
0.87 | Multi-Family Home | $280,000 | 05/07/26 | 4 | 2 | 1,824 | |
0.95 | Multi-Family Home | $620,000 | 05/19/26 | 5 | 2 | 1,144 | |
1.56 | Multi-Family Home | $600,000 | 09/22/25 | 5 | 2 | 1,794 | |
0.92 | Multi-Family Home | $850,000 | 02/19/26 | 7 | 4 | 2,176 | |
0.29 | Multi-Family Home | $785,000 | 12/15/25 | - | 1,958 | ||
0.84 | Multi-Family Home | $545,000 | 05/05/26 | 2 | 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 |
|---|---|---|---|---|---|---|
0.03 | $565,300 | 4 | 1 | - | Off Market | |
0.00 | $656,400 | 5 | 3 | - | Off Market | |
0.07 | $783,400 | Studio | - | - | Off Market | |
0.08 | $670,000 | Studio | - | - | Recently Sold | |
0.10 | $617,200 | 3 | 2 | - | Off Market | |
0.11 | $624,000 | 3 | 2 | - | Off Market | |
0.12 | $585,000 | 3 | 3 | - | Recently Sold | |
0.13 | $999,999 | 3 | 1.5 | - | Recently Sold | |
0.13 | $515,000 | 3 | 1 | - | Recently Sold | |
0.13 | $633,700 | 3 | 2 | - | Off Market | |
0.14 | $630,200 | 3 | 2 | - | Off Market | |
0.14 | $527,200 | 3 | 1 | - | Off Market |
Local Information
-- mins to
Home Highlights
Property Type
Multi-Family
Year Built
1950
Living Area
1,750 sqft
Price/Sqft
$419
Parking
Garage
About this House
This multi-family home is located at 5 Summit Ave, Bloomfield, NJ. 5 Summit Ave is in Bloomfield, NJ and in ZIP code 07003. This property has 4 bedrooms, 2 bathrooms and approximately 1,750 sqft of floor space. This property has a lot size of 10402 sqft and was built in 1950.
5 Summit Ave, Bloomfield, NJ 07003 is a 4 bedroom, 2 bathroom, 1,750 sqft multi-family built in 1950. It last sold for $490,000 on Oct 26, 2021. More recently, it was listed as a rental in November 2019 with an asking price of $1,850 per month. That rental listing was removed on February 27, 2020. It is currently off market. The Trulia Estimate is $733,900, with a rent estimate of $2,730/month.
Home Details for 5 Summit Ave
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Heating & Cooling Heating: Baseboard, GasHeating Fuel: Baseboard |
Levels, Entrance, & Accessibility Stories: 2Floors: Hardwood, Laminate |
Interior Details Types of Rooms: Dining Room |
Appliances & Utilities DishwasherDryerMicrowaveRefrigerator |
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Year Built Year Built: 1950 |
Property Type / Style Property Type: Multi Family |
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Parking & Garage GarageParking Spaces: 4Parking: Garage Detached |
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Units in Building: 2 |
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Lot Area: 10402 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Oct 26, 2021 Source: N/A | Sold | $490,000 |
Nov 6, 2020 Source: Agent Provided | ListingRemoved | $420,000 |
Aug 14, 2020 Source: Agent Provided | Listed For Sale | $420,000 |
Feb 27, 2020 Source: Agent Provided | ListingRemoved | $1,750 |
Jan 24, 2020 Source: Agent Provided | PriceChange | $1,750 Price decreased by 5% |
Nov 5, 2019 Source: Agent Provided | Listed For Rent | $1,850 |
Jul 9, 2004 Source: N/A | Sold | $430,000 |
Oct 25, 2001 Source: N/A | Sold | $251,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $13,150 | $376,900 |
Home facts updated by county records
Market trends in Bloomfield
Last updated July 2026
Avg. sale price
$604K
$27KMoM
Sale-to-List Price
107.2%
4.0%MoM
Price per sq ft
—
Available listings
77
2MoM
Around this home
What Locals Say about Bloomfield
At least 869 Trulia users voted on each feature.
93 % Say there are sidewalks
89 % Say it's dog friendly
74 % Say it's walkable to restaurants
73 % Say car is needed
72 % Say yards are well-kept
70 % Say there's holiday spirit
68 % Say parking is easy
67 % Say it's walkable to grocery stores
67 % Say people would walk alone at night
64 % Say streets are well-lit
62 % Say it's quiet
59 % Say kids play outside
56 % Say they plan to stay for at least 5 years
52 % Say neighbors are friendly
47 % Say there's wildlife
40 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
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Apartments for Rent
Homes for sale near 5 Summit Ave
Off Market Homes Near 5 Summit Ave
Frequently asked questions about 5 Summit Ave
- What is 5 Summit Ave estimated to be worth?Trulia's estimated value for 5 Summit Ave in Bloomfield, NJ is $733,900.
- What is the price history for 5 Summit Ave?5 Summit Ave in Bloomfield, NJ last sold for $490,000 in October 2021.
- Is Bloomfield a buyer's or seller's market?Bloomfield is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Bloomfield?The median sale price in Bloomfield is $604K. That is down $27K from the prior month.
- Does 5 Summit Ave have laundry facilities?Yes, 5 Summit Ave in Bloomfield, NJ has laundry facilities.