$621,500
2 Beds
2 Baths
1,406 sqft (on 1.66 acres)
545 Morris Ave #7, Summit, NJ 07901
Est. Refi. Payment $4,329/mo*
Refinance Your HomeHome Value
Trulia Estimate
$622KSince last month
Decreased$19K (-3%)Since last year
Decreased$12K (-1.9%)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 decreased by 0% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $622K |
| August 2026 | $615K |
| July 2026 | $641K |
| June 2026 | $652K |
| May 2026 | $591K |
| April 2026 | $620K |
| March 2026 | $633K |
| February 2026 | $623K |
| January 2026 | $591K |
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 | - | - | ||
0.66 | Multi-Family Home | $1,105,000 | 03/30/26 | - | - | ||
2.36 | Multi-Family Home | $630,000 | 01/30/26 | 2 | 3 | 1,225 | |
1.37 | Multi-Family Home | $715,000 | 05/27/26 | - | - | ||
3.16 | Multi-Family Home | $775,000 | 04/09/26 | 3 | 2 | 1,613 | |
1.06 | Multi-Family Home | $1,615,000 | 08/07/26 | - | - | ||
1.57 | Multi-Family Home | $1,200,000 | 02/20/26 | - | - | ||
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
- Map ViewExplore the area around 545 Morris Ave #7.
- Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
- Shop & Eat
-- mins to
Home Highlights
Multi-Family
Built in 2009
1.66 acre lot
1,406 sqft
$442/sqft
About this House
Coventry model - Newer luxury apartment; 9ft. ceilings; washer/dryer in unit; SS appliances & granite countertops; video intercom security system; secure parking; elevator bldg;
545 Morris Ave #7, Summit, NJ 07901 is a 2 bedroom, 2 bathroom, 1,406 sqft multi-family built in 2009. More recently, it was listed as a rental in January 2017 with an asking price of $3,200 per month. That rental listing was removed on April 4, 2017. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $621,500, with a rent estimate of $3,629/month.
Home Details for 545 Morris Ave #7
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Heating & Cooling Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air |
Interior Details Number of Rooms: 4Types of Rooms: Walk In Closet, Dining Room |
Appliances & Utilities DishwasherDryerRefrigeratorWasher |
Levels, Entrance, & Accessibility Floors: Tile, Carpet, Hardwood |
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Exterior Home Features Roof: OtherExterior: Wood |
Parking & Garage Parking Space: 1 |
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Year Built Year Built: 2009 |
Property Type / Style Property Type: Multi FamilyArchitecture: Other |
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Lot Area: 1.66 acres |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Apr 4, 2017 Source: Agent Provided | ListingRemoved | $3,200 |
Jan 21, 2017 Source: Agent Provided | Listed For Rent | $3,200 |
Oct 28, 2014 Source: Agent Provided | ListingRemoved | $3,450 |
Aug 21, 2014 Source: Agent Provided | Listed For Rent | $3,450 |
Oct 1, 2013 Source: Agent Provided | ListingRemoved | $3,295 |
Sep 10, 2013 Source: Agent Provided | PriceChange | $3,295 Price decreased by 3% |
Jul 12, 2013 Source: Agent Provided | Listed For Rent | $3,400 |
Market trends in Summit
Last updated July 2026
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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 545 Morris Ave #7
- What is 545 Morris Ave #7 estimated to be worth?Trulia's estimated value for 545 Morris Ave #7 in Summit, NJ is $621,500.
- 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 #7 have air conditioning?Yes, 545 Morris Ave #7 in Summit, NJ has air conditioning.
- Does 545 Morris Ave #7 have laundry facilities?Yes, 545 Morris Ave #7 in Summit, NJ has in-unit laundry.
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