72 Prospect St
Summit, NJ 07901
Woodland Park- Studio
- 4,944 sqft (on 0.75 acres)
Studio
4,944 sqft
(on 0.75 acres)
Home Value
Trulia Estimate
$4.56MSince last month
Decreased$42K (-0.9%)Since last year
Increased$227K (+5.3%)Since last sale
Increased$1M (+44%)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 +89% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $4.54M |
| July 2026 | $4.55M |
| June 2026 | $4.59M |
| May 2026 | $4.46M |
| April 2026 | $4.39M |
| March 2026 | $4.25M |
| February 2026 | $4.29M |
| January 2026 | $4.08M |
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 |
|---|---|---|---|---|---|---|---|
0.65 | Single-Family Home | $3,499,999 | 03/04/26 | 5 | 4.5 | 4,116 | |
0.54 | Single-Family Home | $1,300,000 | 09/16/25 | 5 | 4.5 | 4,301 | |
0.43 | Single-Family Home | $2,000,000 | 06/04/26 | - | 2,242 | ||
0.27 | Single-Family Home | $1,385,000 | 10/15/25 | 2 | 3 | - | |
0.15 | Single-Family Home | $700,000 | 12/04/25 | - | 1,593 | ||
0.27 | Single-Family Home | $1,275,000 | 09/09/25 | 2 | 3 | - | |
0.40 | Single-Family Home | $3,450,000 | 07/17/26 | 5 | 5 | - | |
0.17 | Single-Family Home | $875,000 | 11/12/25 | - | 1,496 | ||
0.15 | Single-Family Home | $1,852,000 | 12/15/25 | 4 | 4 | - | |
0.13 | Single-Family Home | $2,100,000 | 05/15/26 | 5 | 4 | - |
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 |
|---|---|---|---|---|---|---|
0.12 | $1,533,600 | 3 | 3 | - | Off Market | |
0.13 | $2,100,000 | 5 | 4 | - | Recently Sold | |
0.14 | $1,089,000 | 2 | 2 | - | Recently Sold | |
0.14 | $1,551,900 | 4 | 2 | - | Off Market | |
0.09 | $2,255,000 | 5 | 4 | - | Off Market | |
0.14 | $2,148,400 | 5 | 3 | - | Off Market | |
0.15 | $2,675,000 | 4 | 4.5 | 3,300 | For Sale | |
0.15 | $1,852,000 | 4 | 4 | - | Recently Sold | |
0.14 | $2,049,000 | 5 | 4 | - | Off Market | |
0.16 | $1,452,200 | 4 | 3 | - | Off Market | |
0.12 | $1,652,000 | 4 | 2 | - | Recently Sold | |
0.12 | $1,552,900 | 3 | 3 | - | Off Market |
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1906
Lot Size
0.75 acres
Living Area
4,944 sqft
Price/Sqft
$923
About this House
This single-family home is located at 72 Prospect St, Summit, NJ. 72 Prospect St is in the Woodland Park neighborhood in Summit, NJ and in ZIP code 07901. This property has approximately 4,944 sqft of floor space. This property has a lot size of 0.75 acres and was built in 1906.
72 Prospect St, Summit, NJ 07901 is a studio, 4,944 sqft single-family home in Woodland Park, built in 1906. It last sold for $3,155,000 on Sep 22, 2020. It is currently off market. The Trulia Estimate is $4,561,200, with a rent estimate of $6,378/month.
Home Details for 72 Prospect St
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Levels, Entrance, & Accessibility Stories: 2 |
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Year Built Year Built: 1906 |
Property Type / Style Property Type: Single Family Home |
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Exterior Home Features Exterior: Stucco |
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Units in Building: 1 |
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Lot Area: 0.75 acres |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Sep 22, 2020 Source: N/A | Sold | $3,155,000 |
May 30, 1997 Source: N/A | Sold | $846,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $52,333 | $1,201,400 |
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
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Apartments for Rent
Homes for sale near 72 Prospect St
Off Market Homes Near 72 Prospect St
Frequently asked questions about 72 Prospect St
- What is 72 Prospect St estimated to be worth?Trulia's estimated value for 72 Prospect St in Summit, NJ is $4,561,200.
- What is the price history for 72 Prospect St?72 Prospect St in Summit, NJ last sold for $3,155,000 in September 2020.
- 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.
- How big is the lot at 72 Prospect St?The lot at 72 Prospect St in Summit, NJ is about 0.75 acres (32,670 sq ft).