7 Madison Ave, Summit, NJ 07901
OFF MARKET

7 Madison Ave
Summit, NJ 07901

  • 4 Beds
  • 3 Baths
  • 2,523 sqft (on 0.30 acres)

$2,016,900

Trulia Estimate
as of Aug 22, 2026
Est. Refi. Payment $13,698/mo*
Refinance Your Home

$2,016,900

Trulia Estimate
as of Aug 22, 2026
Est. Refi. Payment $13,698/mo*
Refinance Your Home
4 Beds
3 Baths
2,523 sqft
(on 0.30 acres)

Home Value

Trulia Estimate
$2.02M
Since last month
Increased$12K (+0.6%)
Since last year
Increased$174K (+9.5%)
Since last sale
Increased$832K (+70.2%)
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 +84% in the last 10 years
MonthEstimated value
2026
August 2026$2.02M
July 2026$2.01M
June 2026$2.04M
May 2026$2.01M
April 2026$1.97M
March 2026$1.95M
February 2026$1.93M
January 2026$1.89M
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
170 Canoe Brook Pkwy, Summit, NJ
0.49
Single-Family Home
$1,500,000
03/19/26
4
2.5
1,739
91 Canoe Brook Pkwy, Summit, NJ
0.74
Single-Family Home
$1,275,000
05/04/26
4
2
2,210
166 Colonial Rd, Summit, NJ
0.06
Single-Family Home
$2,470,000
12/01/25
5
4
-
8 Dunnder Dr, Summit, NJ
0.23
Single-Family Home
$2,325,000
05/05/26
4
3
-
7 Carleen Ct, Summit, NJ
0.45
Single-Family Home
$1,447,000
12/16/25
4
3
-
22 Bedford Rd, Summit, NJ
0.45
Single-Family Home
$1,750,000
12/19/25
4
3
-
238 Woodland Ave, Summit, NJ
0.82
Single-Family Home
$3,200,000
05/05/26
5
3
2,598
6 Kenneth Ct, Summit, NJ
0.80
Single-Family Home
$2,350,000
09/19/25
4
3
3,353
180 Canoe Brook Pkwy, Summit, NJ
0.50
Single-Family Home
$1,503,000
11/10/25
3
3
-
57 High St, Summit, NJ
0.40
Single-Family Home
$1,320,000
09/16/25
3
2
-

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
164 Kent Place Blvd, Summit, NJ 07901
0.06
$1,874,700
4
3
-
Off Market
166 Colonial Rd, Summit, NJ 07901
0.06
$2,470,000
5
4
-
Recently Sold
167 Colonial Rd, Summit, NJ 07901
0.06
$1,984,900
4
3
-
Off Market
172 Colonial Rd, Summit, NJ 07901
0.06
$1,100,000
3
2
-
Recently Sold
190 Kent Place Blvd, Summit, NJ 07901
0.11
-
3
3
-
Off Market
159 Kent Place Blvd, Summit, NJ 07901
0.10
$2,646,800
5
5
-
Off Market
192 Kent Place Blvd, Summit, NJ 07901
0.12
-
4
3
-
Off Market
148 Kent Place Blvd, Summit, NJ 07901
0.14
$3,196,300
4
6
-
Off Market
1 Webster Ave, Summit, NJ 07901
0.13
$1,261,000
4
3
-
Off Market
126 W End Ave, Summit, NJ 07901
0.18
$2,068,200
4
4
-
Off Market
45 Montrose Ave, Summit, NJ 07901
0.13
$1,067,300
3
2
-
Off Market
7 Webster Ave, Summit, NJ 07901
0.14
$1,217,200
3
2
-
Off Market

Local Information

  • Map ViewExplore the area around 7 Madison Ave.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1969
Lot Size
0.3 acres
Living Area
2,523 sqft
Price/Sqft
$799
Parking
Garage

About this House

Set on one of Summit's historic estates "Barbery Corner" this 4 bedroom,2 full/2 half bath colonial w/original carriage house is situated in the heart of Summit near town and schools.Great curb appeal! The home is set back from the street and features a long circular driveway, front patio and level lawn. Welcoming foyer, updated kitchen with granite counters, ss appl. & convenient mudroom/laundry/exit to yard off kitchen. Family room with w/b fire place & sliding doors to back patio. 4 spacious bedrooms on 2nd. fl. along w/ updated master bath and hall bath. Finished basement with half bath and office.CAC. Private level back yard w/ patio and area for swing set. Historic carriage house w/ 2 bedrooms, den, full bath and kitchen; ideal as an in-law residence. Truly one of Summit's special homes!
7 Madison Ave, Summit, NJ 07901 is a 4 bedroom, 3 bathroom, 2,523 sqft single-family home built in 1969. It last sold for $1,185,000 on Dec 12, 2016. It is currently off market. The Trulia Estimate is $2,016,900, with a rent estimate of $7,378/month.

Home Details for 7 Madison Ave

Interior Features

Heating & Cooling
Heating: Baseboard, Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Baseboard
Levels, Entrance, & Accessibility
Stories: 2Floors: Tile, Hardwood
Interior Details
Types of Rooms: Walk In Closet, Dining Room
Appliances & Utilities
DryerWasher

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: WoodLawnPatioPorchSprinkler System
Parking & Garage
GarageParking Spaces: 5Parking: Garage Detached

Property Information

Year Built
Year Built: 1969
Property Type / Style
Property Type: Single Family HomeArchitecture: Colonial

Community

Units in Building: 1

Lot Information

Lot Area: 0.30 acres

Price and Tax history

DateEventPrice
Dec 12, 2016
Source: GSMLS #3338338
Sold
$1,185,000
Dec 2, 2016
Source: Agent Provided
Pending
$1,195,000
Oct 21, 2016
Source: Agent Provided
PriceChange
$1,195,000
Price decreased by 4%
Sep 23, 2016
Source: Agent Provided
Listed For Sale
$1,245,000
Dec 18, 1998
Source: N/A
Sold
$525,000

Market trends in Summit

Last updated July 2026
Buyer'sMarketSeller'sMarket
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.
  • Sfeoli34
    "There are alot of couples with young children so its nice if you have a family or starting one. Its a dog friendly neighborhood and we do block parties etc.. Yet its pretty quiet. Park near bye. "
    1
    Flag
  • Elliotwilbur
    "Great place to raise a family. Public school system is excellent. Numerous commuting options to Manhattan. "
    1
    Flag
  • maria08827
    "It’s very nice, clean and safe . Everyone is nice and friendly! It has a beautiful safe park across the street which is very clean and active. Also close to everything!"
    1
    Flag
  • Anita
    "Summit is a charming town where practical meets comfort. The community is friendly and diverse. Lots of families, singles and dogs. "
    8
    Flag
  • Davidthompsonjr
    "Easy ride to train station and best commuter line in nj. Penn station is crappy but if you can do ferry from hoboken it’s nice."
    2
    Flag
  • Pololas2019
    "the people walk the dogs and is a really nice neighborhood to live i recommended to buy a house in this area "
    1
    Flag
  • Unspecified
    "People take pride in their homes. Family friendly. Very safe. Lived here for 2 years, so happy with the community. "
    1
    Flag
  • Davidthompsonjr
    "Nice town, ppl, and amenities. Great schools and good place to raise your kids. Express trains to the city, makes a difference relative to other areas in nj. "
    0
    Flag
  • Davidthompsonjr
    "Great town to raise a family. Close to best nj commute. Good restaurants in town. Good access to highways. "
    2
    Flag
  • Marcelo N.
    "I love summit best city to live in, respectful people, clean , no crime , no racism or classism . Just a wonderful city"
    0
    Flag
  • Mary T. Z.
    "Street Fairs are very nice in this town. The farmers market is great too! Events at the playhouse are wonderful."
    3
    Flag
  • Randall.lauren
    "This is a very family friendly neighborhood. The restaurants, coffee shops, parks and other amenities are all well suited to families. "
    3
    Flag
  • Samantha Q.
    "We have festivals, block parties, concerts and movie nights in the park. Our neighbors are always outside going for walks, our kids always find other kids to play with!"
    2
    Flag
  • Slong0717
    "Bike parades, kids events. Amazing downtown area. Lots of activities for kids. Easy to commute to NYC. "
    2
    Flag
  • Scott H.
    "There are a lot of dogs around and most are friendly. I wish there was a space for them to run off lead. "
    2
    Flag
  • Rehav
    "less than 10 mins walk to train that goes right to nyc. 3 min drive to get onto Routes 24 and 78. Cant be beat!!"
    2
    Flag
  • EF
    "Lots of friendly dogs and owners to walk with. Park nearby. Quiet streets. Fun dog store in downtown summit. "
    0
    Flag
  • Melissa C.
    "what dog owners like about his neighborhood would be that the doggies would meet other doggies and get along quite nicely and the backyards very spacious "
    0
    Flag
  • Thayesmail
    "Great family neighborhood. Great schools. Great recreation program. Convenient commute to NYC & Airport. "
    0
    Flag
  • layton m.
    "Great, direct line into New York City makes it a quick, convenient and easy commute. I think it’s the best commute into nyc in New Jersey"
    4
    Flag
  • Jhuneke
    "We are in a surprisingly quiet block, despite being on a major thoroughfare, and close to downtown, train station. "
    1
    Flag
  • Laura
    "It’s safe, clean and easy commute to the city, mountains or beach. Very centrally locates. Love it here. Just wish it wasn’t so expensive in this area!!"
    2
    Flag
  • Samantha H.
    "Kind people who are always willing to help each other. Access to fields, train, and walking to downtown. Kids all walk to school. "
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 7 Madison Ave

  • What is 7 Madison Ave estimated to be worth?
    Trulia's estimated value for 7 Madison Ave in Summit, NJ is $2,016,900.
  • What is the price history for 7 Madison Ave?
    7 Madison Ave in Summit, NJ last sold for $1,185,000 in December 2016.
  • 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.
  • Does 7 Madison Ave have air conditioning?
    Yes, 7 Madison Ave in Summit, NJ has air conditioning.
  • Does 7 Madison Ave have laundry facilities?
    Yes, 7 Madison Ave in Summit, NJ has in-unit laundry.

Explore by feature - Pet Friendly

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