$641,400
- 2 Beds
- 2 Baths
- 1,608 sqft
545 Morris Ave #101, Summit, NJ 07901
Est. Refi. Payment $4,428/mo*
Refinance Your HomeHome Value
Trulia Estimate
$641KSince last month
Increased$34K (+5.5%)Since last year
Decreased$168K (-20.6%)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 +17% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $646K |
| July 2026 | $613K |
| June 2026 | $634K |
| May 2026 | $608K |
| April 2026 | $631K |
| March 2026 | $543K |
| February 2026 | $637K |
| January 2026 | $610K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
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 |
|---|---|---|---|---|---|---|---|
0.14 | Multi-Family Home | $1,510,000 | 03/13/26 | - | - | ||
0.37 | Multi-Family Home | $950,000 | 12/01/25 | - | - | ||
2.36 | Multi-Family Home | $630,000 | 01/30/26 | 2 | 3 | 1,225 | |
0.66 | Multi-Family Home | $1,105,000 | 03/30/26 | - | - | ||
1.06 | Multi-Family Home | $1,615,000 | 08/07/26 | - | - | ||
1.14 | Multi-Family Home | $1,225,000 | 08/10/26 | - | - | ||
1.37 | Multi-Family Home | $715,000 | 05/27/26 | - | - | ||
3.16 | Multi-Family Home | $775,000 | 04/09/26 | 3 | 2 | 1,613 | |
1.42 | Multi-Family Home | $620,000 | 10/16/25 | - | - | ||
1.57 | Multi-Family Home | $1,200,000 | 02/20/26 | - | - |
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 |
|---|---|---|---|---|---|---|
0.06 | $1,715,555 | 4 | 4 | - | Recently Sold | |
0.12 | $1,050,900 | Studio | - | - | Off Market | |
0.13 | $896,300 | Studio | - | - | Off Market | |
0.13 | $978,200 | Studio | - | - | Off Market | |
0.09 | $1,873,700 | 5 | 5 | - | Off Market | |
0.14 | $1,510,000 | Studio | - | - | Recently Sold | |
0.14 | $810,600 | 3 | 2 | - | Off Market | |
0.12 | $1,901,400 | 6 | 4 | - | Off Market | |
0.10 | $970,500 | 4 | 2 | - | Off Market | |
0.14 | $2,034,100 | 4 | 4 | - | Off Market | |
0.12 | $1,194,400 | 4 | 2 | - | Off Market | |
0.12 | $2,055,600 | 5 | 5 | - | Off Market |
Local Information
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Home Highlights
Property Type
Multi-Family
Living Area
1,608 sqft
Price/Sqft
$399
About this House
This multi-family home is located at 545 Morris Ave #101, Summit, NJ. 545 Morris Ave #101 is in Summit, NJ and in ZIP code 07901. This property has 2 bedrooms, 2 bathrooms and approximately 1,608 sqft of floor space.
545 Morris Ave #101, Summit, NJ 07901 is a 2 bedroom, 2 bathroom, 1,608 sqft multi-family. More recently, it was listed as a rental in March 2020 with an asking price of $3,675 per month. That rental listing was removed on March 28, 2020. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $641,400, with a rent estimate of $3,879/month.
Home Details for 545 Morris Ave #101
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Property Type / Style Property Type: Multi Family |
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Appliances & Utilities DishwasherDryerWasher |
Heating & Cooling Air ConditioningCooling System: Central |
Levels, Entrance, & Accessibility Elevator |
Security Security System |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Mar 28, 2020 Source: Agent Provided | ListingRemoved | $3,675 |
Mar 26, 2020 Source: Agent Provided | Listed For Rent | $3,675 |
Market trends in Summit
Last updated July 2026
Avg. sale price
$1.49M
$193KMoM
Sale-to-List Price
โ
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
LGBTQ Local Legal Protections
Frequently asked questions about 545 Morris Ave #101
- What is 545 Morris Ave #101 estimated to be worth?Trulia's estimated value for 545 Morris Ave #101 in Summit, NJ is $641,400.
- 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.
- What do residents say about Summit?Residents describe Summit, NJ as dog-friendly, walkable to restaurants, and well-kept. See recently sold homes in Summit, NJ.
- Does 545 Morris Ave #101 have air conditioning?Yes, 545 Morris Ave #101 in Summit, NJ has air conditioning.
- Does 545 Morris Ave #101 have laundry facilities?Yes, 545 Morris Ave #101 in Summit, NJ has in-unit laundry.

