742 Springfield Ave
Summit, NJ 07901
- 2 Beds
- 1 Bath
- 2,710 sqft
2 Beds
1 Bath
2,710 sqft
Home Value
Trulia Estimate
$787KSince last month
Increased$16K (+2.1%)Since last year
Increased$42K (+5.6%)Since last sale
Increased$302K (+62.3%)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 +14% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $787K |
| July 2026 | $771K |
| June 2026 | $775K |
| May 2026 | $768K |
| April 2026 | $747K |
| March 2026 | $776K |
| February 2026 | $783K |
| January 2026 | $753K |
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 |
|---|---|---|---|---|---|---|---|
0.36 | Multi-Family Home | $715,000 | 05/27/26 | - | - | ||
0.13 | Multi-Family Home | $1,225,000 | 08/10/26 | - | - | ||
1.07 | Multi-Family Home | $661,500 | 06/15/26 | - | - | ||
2.19 | Multi-Family Home | $775,000 | 04/09/26 | 3 | 2 | 1,613 | |
1.04 | Multi-Family Home | $950,000 | 12/01/25 | - | - | ||
1.05 | Multi-Family Home | $775,000 | 05/18/26 | - | - | ||
1.31 | Multi-Family Home | $1,200,000 | 02/20/26 | - | - | ||
1.21 | Multi-Family Home | $1,510,000 | 03/13/26 | - | - | ||
1.32 | Multi-Family Home | $951,000 | 10/24/25 | - | - | ||
1.64 | 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 |
|---|---|---|---|---|---|---|
0.04 | $1,566,400 | 4 | 4 | - | Off Market | |
0.04 | $2,108,700 | 5 | 5 | - | Off Market | |
0.05 | $1,300,000 | 3 | 3 | - | Recently Sold | |
0.05 | $1,300,000 | 3 | 3 | - | Recently Sold | |
0.08 | $2,066,500 | 6 | 3 | - | Off Market | |
0.12 | $1,030,600 | 2 | 3 | - | Off Market | |
0.17 | $3,203,200 | 5 | 6 | - | Off Market | |
0.13 | $1,030,600 | 2 | 3 | - | Off Market | |
0.12 | $870,000 | 3 | 2 | 1,410 | For Sale | |
0.17 | $2,364,700 | 6 | 6 | - | Off Market | |
0.17 | $2,096,900 | 5 | 3 | - | Off Market | |
0.13 | $1,170,600 | Studio | - | - | Off Market |
Local Information
-- mins to
Home Highlights
Property Type
Multi-Family
Year Built
1910
Living Area
2,710 sqft
Price/Sqft
$290
Parking
Garage
About this House
This multi-family home is located at 742 Springfield Ave, Summit, NJ. 742 Springfield Ave is in Summit, NJ and in ZIP code 07901. This property has 2 bedrooms, 1 bathroom and approximately 2,710 sqft of floor space. This property has a lot size of 2709 sqft and was built in 1910.
742 Springfield Ave, Summit, NJ 07901 is a 2 bedroom, 1 bathroom, 2,710 sqft multi-family built in 1910. It last sold for $485,000 on Jan 29, 2020. More recently, it was listed as a rental in March 2020 with an asking price of $2,600 per month. That rental listing was removed on April 26, 2020. It is currently off market. The Trulia Estimate is $787,100, with a rent estimate of $2,944/month.
Home Details for 742 Springfield Ave
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Heating & Cooling Heating: Baseboard, GasAir ConditioningCooling System: WallHeating Fuel: Baseboard |
Interior Details Types of Rooms: Dining Room |
Appliances & Utilities Dishwasher |
Levels, Entrance, & Accessibility Floors: Tile, Hardwood |
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Exterior Home Features Roof: Asphalt, Composition, OtherExterior: Composition |
Parking & Garage GarageParking Spaces: 4Parking: Garage Detached |
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Year Built Year Built: 1910 |
Property Type / Style Property Type: Multi Family |
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Units in Building: 2 |
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Lot Area: 2709 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Apr 26, 2020 Source: Agent Provided | ListingRemoved | $2,600 |
Mar 6, 2020 Source: Agent Provided | Listed For Rent | $2,600 |
Jan 29, 2020 Source: GSMLS #3556790 | Sold | $485,000 |
Aug 7, 2019 Source: Agent Provided | Pending | $485,000 |
Aug 5, 2019 Source: Agent Provided | PendingToActive | $485,000 |
Jul 16, 2019 Source: Agent Provided | Pending | $485,000 |
Jun 26, 2019 Source: Agent Provided | PriceChange | $485,000 Price decreased by 2% |
Jun 19, 2019 Source: Agent Provided | Listed For Sale | $495,000 |
May 13, 2019 Source: Agent Provided | ListingRemoved | $509,500 |
Apr 16, 2019 Source: Agent Provided | PriceChange | $509,500 Price decreased by 6% |
Apr 2, 2019 Source: Agent Provided | PriceChange | $540,000 Price decreased by 5% |
Mar 22, 2019 Source: Agent Provided | PriceChange | $569,500 Price decreased by 4% |
Feb 26, 2019 Source: Agent Provided | PriceChange | $595,000 Price decreased by 2% |
Jan 14, 2019 Source: Agent Provided | Listed For Sale | $609,000 |
Aug 23, 2018 Source: Agent Provided | ListingRemoved | $854,966 |
Jun 26, 2018 Source: Agent Provided | Listed For Sale | $0 |
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 742 Springfield Ave
- What is 742 Springfield Ave estimated to be worth?Trulia's estimated value for 742 Springfield Ave in Summit, NJ is $787,100.
- What is the price history for 742 Springfield Ave?742 Springfield Ave in Summit, NJ last sold for $485,000 in January 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.
- Does 742 Springfield Ave have air conditioning?Yes, 742 Springfield Ave in Summit, NJ has air conditioning.