$616,000
- 2 Beds
- 2 Baths
- 1,262 sqft
545 Morris Ave #20, Summit, NJ 07901
Est. Refi. Payment $4,406/mo*
Refinance Your HomeHome Value
Trulia Estimate
$616KSince last month
Decreased$27K (-4.2%)Since last year
Decreased$227K (-26.9%)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 +3% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $616K |
| August 2026 | $610K |
| July 2026 | $643K |
| June 2026 | $644K |
| May 2026 | $605K |
| April 2026 | $629K |
| March 2026 | $555K |
| February 2026 | $621K |
| January 2026 | $613K |
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 |
|---|---|---|---|---|---|---|---|
0.14 | 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 | - | - | ||
1.37 | Multi-Family Home | $715,000 | 05/27/26 | - | - | ||
3.16 | Multi-Family Home | $775,000 | 04/09/26 | 3 | 2 | 1,613 | |
1.57 | Multi-Family Home | $1,200,000 | 02/20/26 | - | - | ||
1.06 | Multi-Family Home | $1,615,000 | 08/07/26 | - | - | ||
1.14 | Multi-Family Home | $1,225,000 | 08/10/26 | - | - | ||
1.94 | Multi-Family Home | $990,000 | 01/30/26 | - | - |
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 | $1,064,000 | Studio | - | - | Off Market | |
0.13 | $896,300 | Studio | - | - | Off Market | |
0.13 | $993,500 | 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 | $2,087,100 | 4 | 4 | - | Off Market | |
0.12 | $1,194,400 | 4 | 2 | - | Off Market | |
0.12 | $2,055,600 | 5 | 5 | - | Off Market |
Local Information
-- mins to
Home Highlights
Multi-Family
Built in 2009
1,262 sqft
$488/sqft
About this House
Breckenridge model at The Promenade. Newer luxury apts; conv loc; 9 ft. ceil; washer/dryer in unit; SS appl; granite countertops; video intercom sec sys; secure parking garage; elevator bldg; large
545 Morris Ave #20, Summit, NJ 07901 is a 2 bedroom, 2 bathroom, 1,262 sqft multi-family built in 2009. More recently, it was listed as a rental in February 2014 with an asking price of $3,250 per month. That rental listing was removed on April 30, 2016. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $616,000, with a rent estimate of $3,448/month.
Home Details for 545 Morris Ave #20
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Year Built Year Built: 2009 |
Property Type / Style Property Type: Multi FamilyArchitecture: Other |
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Interior Details Number of Rooms: 4 |
Appliances & Utilities DishwasherDryerMicrowaveRefrigerator |
Heating & Cooling Air ConditioningCooling System: Central |
Levels, Entrance, & Accessibility Floors: Tile, Carpet |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Apr 30, 2016 Source: Agent Provided | ListingRemoved | $3,300 |
Apr 8, 2014 Source: Agent Provided | ListingRemoved | $3,250 |
Feb 26, 2014 Source: Agent Provided | Listed For Rent | $3,250 |
Market trends in Summit
Last updated August 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
27
6MoM
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 #20
- What is 545 Morris Ave #20 estimated to be worth?Trulia's estimated value for 545 Morris Ave #20 in Summit, NJ is $616,000.
- Is Summit a buyer's or seller's market?Summit is currently a seller's market, based on recent for-sale activity.
- 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.
- What are the closest schools to 545 Morris Ave #20?The closest schools to 545 Morris Ave #20 in Summit, NJ are L C Johnson Summit Middle School (rated 8/10), Primary Center At Wilson (Pre-K), Summit Sr High School (rated 9/10).
- Does 545 Morris Ave #20 have air conditioning?Yes, 545 Morris Ave #20 in Summit, NJ has air conditioning.
- Does 545 Morris Ave #20 have laundry facilities?Yes, 545 Morris Ave #20 in Summit, NJ has laundry facilities.

