718 Springfield Ave
Summit, NJ 07901
- Studio
Studio
Home Value
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 +114% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $1.23M |
| April 2026 | $884K |
| March 2026 | $922K |
| February 2026 | $920K |
| January 2026 | $883K |
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 |
|---|---|---|---|---|---|---|---|
0.49 | Multi-Family Home | $715,000 | 05/27/26 | - | - | ||
0.94 | Multi-Family Home | $950,000 | 12/01/25 | - | - | ||
1.14 | Multi-Family Home | $1,510,000 | 03/13/26 | - | - | ||
1.19 | Multi-Family Home | $1,200,000 | 02/20/26 | - | - | ||
1.21 | Multi-Family Home | $620,000 | 10/16/25 | - | - | ||
1.18 | Multi-Family Home | $775,000 | 05/18/26 | - | - | ||
1.21 | Multi-Family Home | $990,000 | 06/09/26 | - | - | ||
1.20 | Multi-Family Home | $661,500 | 06/15/26 | - | - | ||
1.24 | Multi-Family Home | $1,615,000 | 08/07/26 | - | - |
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 |
|---|---|---|---|---|---|---|
0.00 | $1,206,500 | Studio | - | - | Off Market | |
0.02 | $870,000 | 3 | 2 | 1,410 | For Sale | |
0.07 | $1,300,000 | 3 | 3 | - | Recently Sold | |
0.08 | $1,300,000 | 3 | 3 | - | Recently Sold | |
0.09 | $1,300,000 | 3 | 3 | - | Recently Sold | |
0.09 | $1,300,000 | 3 | 3 | - | Recently Sold | |
0.11 | $2,059,800 | 5 | 5 | - | Off Market | |
0.14 | $3,702,200 | 6 | 7 | - | Off Market | |
0.12 | $1,983,500 | 4 | 4 | - | Off Market | |
0.15 | $1,891,600 | 2 | 2 | - | Off Market | |
0.17 | $2,867,200 | 5 | 4 | - | Off Market |
Local Information
-- mins to
Home Highlights
Property Type
Multi-Family
About this House
This multi-family home is located at 718 Springfield Ave, Summit, NJ. 718 Springfield Ave is in Summit, NJ and in ZIP code 07901. This property has a lot size of 6098 sqft.
718 Springfield Ave, Summit, NJ 07901 is a studio multi-family. It last sold for $1,225,000 on Aug 10, 2026 (3% above the $1,195,000 asking price). More recently, it was listed as a rental in March 2018 with an asking price of $2,450 per month. That rental listing was removed on April 16, 2018. It is currently off market. The Trulia Estimate rent is $3,366/month.
Home Details for 718 Springfield Ave
|
|---|
MLS Status: Closed |
|
|---|
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
|
|---|
Price List Price: $1,195,000 |
|
|---|
Direction & Address City: Summit City |
|
|---|
Lot Area: 6098.4 sqft |
|
|---|
Mls Number: 4026415Attribution Contact: 973-769-6184 |
Last check for updates: about 11 hours ago
Listed by Shorouq Z. Matari, (973) 769-6184
Top Value Realty
Bought with: Natalya Price
Source: GSMLS, MLS#4026415

Price and Tax history
| Date | Event | Price |
|---|---|---|
Aug 10, 2026 Source: GSMLS #4026415 | Sold | $1,225,000 |
May 20, 2026 Source: GSMLS #4026415 | Pending | $1,195,000 |
May 9, 2026 Source: GSMLS #4026415 | Listed For Sale | $1,195,000 |
Oct 27, 2021 Source: GSMLS #3729626 | Sold | $590,000 |
Jul 23, 2021 Source: GSMLS #3729626 | Listed For Sale | $590,000 |
Apr 16, 2018 Source: Agent Provided | ListingRemoved | $2,345 |
Apr 4, 2018 Source: Agent Provided | PriceChange | $2,345 Price decreased by 4% |
Mar 9, 2018 Source: Agent Provided | Listed For Rent | $2,450 |
Feb 23, 2017 Source: Agent Provided | ListingRemoved | $2,475 |
Feb 9, 2017 Source: Agent Provided | Listed For Rent | $2,475 |
Aug 13, 1998 Source: N/A | Sold | $250,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $10,149 | $233,000 |
Home facts updated by county records
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
Apartments for Rent
Homes for sale near 718 Springfield Ave
Off Market Homes Near 718 Springfield Ave
Frequently asked questions about 718 Springfield Ave
- What is the price history for 718 Springfield Ave?718 Springfield Ave in Summit, NJ last sold for $1,225,000 in August 2026.
- 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.

The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.
Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.
Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.