$2,907,200
- 6 Beds
- 3.5 Baths
- 5,750 sqft (on 0.47 acres)
61 Prospect Hill Ave, Summit, NJ 07901
Est. Refi. Payment $20,608/mo*
Refinance Your HomeCurrently Off Market - Sold Nov 12, 2004 for $1,500,000
Home Value
Trulia Estimate
$2.91MSince last month
Decreased$35K (-1.2%)Since last year
Increased$245K (+8.9%)Since last sale
Increased$1M (+99.8%)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 +40% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $3M |
| August 2026 | $3.03M |
| July 2026 | $2.98M |
| June 2026 | $3.01M |
| May 2026 | $2.96M |
| April 2026 | $2.82M |
| March 2026 | $2.86M |
| February 2026 | $2.78M |
| January 2026 | $2.69M |
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 |
|---|---|---|---|---|---|---|---|
0.12 | Single-Family Home | $2,895,000 | 06/04/26 | 6 | 5 | - | |
0.42 | Single-Family Home | $4,800,000 | 07/09/26 | 6 | 5.5 | 4,519 | |
0.03 | Single-Family Home | $3,780,000 | 11/24/25 | 5 | 6 | - | |
0.24 | Single-Family Home | $1,300,000 | 09/26/25 | 5 | 4 | - | |
0.22 | Single-Family Home | $2,650,000 | 07/07/26 | 5 | 5 | - | |
0.75 | Single-Family Home | $2,425,000 | 07/16/26 | 4 | 4 | 3,000 | |
0.44 | Single-Family Home | $1,815,000 | 02/16/26 | 5 | 4.5 | - | |
0.32 | Single-Family Home | $2,800,000 | 05/06/26 | 5 | 5 | - | |
0.33 | Single-Family Home | $1,500,000 | 07/01/26 | 5 | 4 | - | |
0.45 | Single-Family Home | $1,650,000 | 07/21/26 | 3 | 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 |
|---|---|---|---|---|---|---|
0.02 | $4,860,300 | 5 | 7 | - | Off Market | |
0.03 | $3,780,000 | 5 | 6 | - | Recently Sold | |
0.07 | $5,194,200 | 5 | 5 | - | Off Market | |
0.09 | $6,987,800 | 6 | 6 | - | Off Market | |
0.12 | $2,895,000 | 6 | 5 | - | Recently Sold | |
0.13 | $1,690,400 | 3 | 3 | - | Off Market | |
0.16 | $3,591,600 | 7 | 7 | - | Off Market | |
0.13 | $3,785,700 | 6 | 7 | - | Off Market | |
0.16 | $1,323,700 | 3 | 3 | - | Off Market | |
0.16 | $4,664,200 | 6 | 7 | - | Off Market | |
0.20 | $630,300 | 3 | 1 | - | Off Market | |
0.19 | $839,400 | 4 | 2 | - | Off Market |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 1950
0.47 acre lot
5,750 sqft
$506/sqft
Garage
About this House
If you are looking for a prime Summit location, just blocks from Downtown and trains/buses to New York City, plus superb renovations with the most minute attention to detail and quality as well as the best in presentation/staging you need look no further! 61 Prospect Hill Avenue offers all these things and so much more, catering to today's busy lifestyles with easy, low maintenance. This is an absolute "turn key" home, complete with lighting, the best equipment and state of the art systems.This home has been in the same family for many years and their love of Europe, and particularly summers spent in the South of France, have influenced their selection of design elements, chandeliers (including those in the great room and living room from Currey & Co and the one in the dining room by Quoizel), and other lighting and the art and furniture they have used for optimal presentation and staging.Of specific interest is the over all decorative design for the moldings and doors which they "borrowed" from a friend's apartment on Fifth Avenue that overlooks the Metropolitan Museum of Art in New York City. The tiles in the fireplace are hand made, hand painted Delft with themes of animals and flowers.There are stereo speakers in many of the common areas that are linked to a media closet in the lower level. The house is wired in many rooms for wall television including the great room over the fireplace, living room, kitchen, master bathroom and lower level recreation area - ideal for music and sports enthusiasts and perfect for entertaining.Talking of entertaining, this is the ultimate house with superb flow and a huge floor plan for the largest groups of guests. In warm weather the great room and living room open to a very large bluestone patio creating a wonderful additional outdoor space.The stainless steel kitchen appliances are of the highest quality including dishwasher, Sub-Zero refrigerator, Thermador Oven and Jennair CooktopThe breathtaking first floor Master Suite features extensive closet space (both walk in and other storage) and the most superb spa-like bathroom with multi-head shower, soaking tub, double vanity and all the refinements and space one could possibly desire. It must be seen to be fully appreciated, as indeed is true of the entire house and yard.There are two, open staircases to the incredibly spacious lower level, one from the gallery/foyer and one from the kitchen, again ideal for entertaining large groups. There are multiple sitting areas, space for games tables, a bedroom and bathroom (ideal for an au pair, nanny or in-laws should the need arise), a catering area in the large laundry room complete with a dishwasher, beverage refrigerators, Whirlpool Duet washer and dryer and several full egress windows.The flooring on the first and second floors is quarter sawn oak (which is no longer available) and is cut to reveal the most beautiful grain to further enhance the home's appearance and comfort. The windows on the first and second floors were replaced with Marvin windows and custom Marvin French doors installed in the living room and the front door is made of solid mahogany. In 2009 the owner replaced all the doors and trim in the entire house - with six panel solid mahogany doors finished by a furniture finisher (truly awesome) and very substantial moldings, custom corner blocks etc. Of note is the extra layer of insulation that was added beneath the siding which significantly improved the R-factor over all and drove down the heating bills (which were already low to begin with) combined with a very high efficiency Buderus boiler. The cedar shingle roof was installed in about 2008, the water heater replaced in 2014 and the air conditioning in 2015. In short, you will not want to miss the opportunity of owning this exquisite home and its fine features can only be appreciated through a personal tour.
61 Prospect Hill Ave, Summit, NJ 07901 is a 6 bedroom, 4 bathroom, 5,750 sqft single-family home built in 1950. It last sold for $1,500,000 on Nov 12, 2004. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $2,907,200, with a rent estimate of $6,630/month.
Home Details for 61 Prospect Hill Ave
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Interior Details BasementNumber of Rooms: 14Types of Rooms: Walk In Closet, Dining Room, Laundry Room, Master Bath, Recreation Room |
Heating & Cooling Heating: Baseboard, GasAir ConditioningCooling System: CentralHeating Fuel: Baseboard |
Levels, Entrance, & Accessibility Stories: 2Floors: Tile, Hardwood |
Appliances & Utilities Cable ReadyDryerRefrigeratorWasher |
Fireplace & Spa FireplaceJetted Bath Tub |
Windows, Doors, Floors & Walls Double Paned Windows |
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Exterior Home Features Roof: Shake ShingleExterior: Stone, WoodPatio |
Parking & Garage GarageParking Spaces: 4Parking: Garage Attached, Off Street |
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Year Built Year Built: 1950Year Updated: 2015 |
Property Type / Style Property Type: Single Family HomeArchitecture: Other |
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Units in Building: 1 |
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Lot Area: 0.47 acres |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jun 26, 2016 Source: Agent Provided | ListingRemoved | $2,250,000 |
Feb 27, 2016 Source: Agent Provided | PriceChange | $2,250,000 Price decreased by 10% |
Feb 2, 2016 Source: Agent Provided | Listed For Sale | $2,500,000 |
Nov 12, 2004 Source: N/A | Sold | $1,500,000 |
Sep 11, 1997 Source: N/A | Sold | $750,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $30,784 | $706,700 |
Home facts updated by county records
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
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Frequently asked questions about 61 Prospect Hill Ave
- What is 61 Prospect Hill Ave estimated to be worth?Trulia's estimated value for 61 Prospect Hill Ave in Summit, NJ is $2,907,200.
- What is the price history for 61 Prospect Hill Ave?61 Prospect Hill Ave in Summit, NJ last sold for $1,500,000 in November 2004.
- 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.
- Does 61 Prospect Hill Ave have air conditioning?Yes, 61 Prospect Hill Ave in Summit, NJ has air conditioning.
- Does 61 Prospect Hill Ave have laundry facilities?Yes, 61 Prospect Hill Ave in Summit, NJ has in-unit laundry.