85 Prospect St
Summit, NJ 07901
Woodland Park
9 Beds
6 Baths
10,000 sqft (on 1.14 acres)
9 Beds
6 Baths
10,000 sqft
(on 1.14 acres)
Home Value
Trulia Estimate
$4.62MSince last month
Decreased$16K (-0.3%)Since last year
Increased$253K (+5.9%)Since last sale
Increased$3M (+161.4%)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 +41% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $4.57M |
| July 2026 | $4.67M |
| June 2026 | $4.59M |
| May 2026 | $4.6M |
| April 2026 | $4.49M |
| March 2026 | $4.46M |
| February 2026 | $4.05M |
| January 2026 | $4.29M |
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 |
|---|---|---|---|---|---|---|---|
0.18 | Single-Family Home | $1,900,000 | 08/10/26 | 6 | 5 | - | |
0.43 | Single-Family Home | $2,295,000 | 09/02/25 | 6 | 5 | - | |
0.63 | Single-Family Home | $1,300,000 | 09/16/25 | 5 | 4.5 | 4,301 | |
0.24 | Single-Family Home | $1,852,000 | 12/15/25 | 4 | 4 | - | |
0.22 | Single-Family Home | $2,100,000 | 05/15/26 | 5 | 4 | - | |
0.36 | Single-Family Home | $3,450,000 | 07/17/26 | 5 | 5 | - | |
0.23 | Single-Family Home | $1,385,000 | 10/15/25 | 2 | 3 | - | |
0.23 | Single-Family Home | $1,275,000 | 09/09/25 | 2 | 3 | - | |
0.38 | Single-Family Home | $2,325,000 | 06/12/26 | 5 | 5 | - | |
0.50 | Single-Family Home | $1,850,000 | 11/07/25 | 4 | 5 | - |
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 |
|---|---|---|---|---|---|---|
0.05 | $2,255,000 | 5 | 4 | - | Off Market | |
0.06 | $4,484,100 | 7 | 5 | - | Off Market | |
0.09 | $1,552,900 | 3 | 3 | - | Off Market | |
0.09 | $3,003,200 | 5 | 5 | - | Off Market | |
0.10 | $1,652,000 | 4 | 2 | - | Recently Sold | |
0.14 | $4,695,400 | 6 | 7 | - | Off Market | |
0.15 | $1,350,000 | 4 | 3 | - | Recently Sold | |
0.18 | $1,900,000 | 6 | 5 | - | Recently Sold | |
0.17 | $3,488,200 | 5 | 6 | - | Off Market | |
0.17 | $2,049,000 | 5 | 4 | - | Off Market | |
0.18 | $1,501,900 | 3 | 2 | - | Off Market | |
0.20 | $2,631,000 | 5 | 5 | - | Off Market |
Local Information
- Map ViewExplore the area around 85 Prospect St.
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Home Highlights
Property Type
Single-Family Home
Year Built
1906
Lot Size
1.14 acres
Living Area
10,000 sqft
Price/Sqft
$462
About this House
This stately 9 Bedroom Renaissance Colonial is one of Summit's most distinctive properties. It is an architectual landmark built by Elmer Underwood in 1906 with 10,000 sq. ft. of living space.
85 Prospect St, Summit, NJ 07901 is a 9 bedroom, 6 bathroom, 10,000 sqft single-family home in Woodland Park, built in 1906. It last sold for $1,750,000 on Aug 5, 1998. It is currently off market. The Trulia Estimate is $4,618,900, with a rent estimate of $6,138/month.
Home Details for 85 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: 1.14 acres |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jul 31, 2008 Source: Agent Provided | ListingRemoved | $5,950,000 |
Jun 19, 2008 Source: Agent Provided | Listed For Sale | $5,950,000 |
Aug 5, 1998 Source: N/A | Sold | $1,750,000 |
Jan 6, 1997 Source: N/A | Sold | $1,500,000 |
Jan 27, 1992 Source: N/A | Sold | $990,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $55,247 | $1,268,300 |
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
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Neighborhood stats provided by third party data sources.
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Frequently asked questions about 85 Prospect St
- What is 85 Prospect St estimated to be worth?Trulia's estimated value for 85 Prospect St in Summit, NJ is $4,618,900.
- What is the price history for 85 Prospect St?85 Prospect St in Summit, NJ last sold for $1,750,000 in August 1998.
- 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 85 Prospect St?The lot at 85 Prospect St in Summit, NJ is about 1.1 acres.