When was 371 Springfield Avenue, Summit, NJ 07901 last sold?

371 Springfield Avenue, Summit, NJ 07901 last sold in 1995 for $850,000.

What is the assessed value of 371 Springfield Avenue, Summit, NJ 07901?

371 Springfield Avenue, Summit, NJ 07901 is assessed at $702,200 (land plus improvements).

What is 371 Springfield Avenue, Summit, NJ 07901 worth?

Our model estimates 371 Springfield Avenue, Summit, NJ 07901 at $2,279,130, based on comparable recorded sales nearby.

How many units does 371 Springfield Avenue, Summit, NJ 07901 have?

371 Springfield Avenue, Summit, NJ 07901 has 1 dwelling unit on record.

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371 Springfield Avenue

Summit, NJ 07901·Union County

Estimated market value

$2,279,130

moderate confidence

range $1,937,261 – $2,621,000

Assessment-implied: $2,279,130; Equalization ratio 0.3081 (2025)
Comparable sales: 8 (below threshold)

Based on 8 comparable sales

Address	Sold	Price
93-95 Summit Ave	2/19/2026	$3,075,000

Last sale

$850,000

1/16/1995

9 other properties share this owner's mailing address.View portfolio →

Property

Type

Commercial

Tax class

Commercial

Year built

—

Building size

—

Lot size

0.07 ac

Land description

25X121

Building description

3SB

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$702,200

Land value

$108,000

Improvement value

$594,200

Last year's tax

$31,922

Sale on tax record

$850,000

Deed date

1/16/1995

Zoning

CRBD· Mixed-use

Typically allows a mix of homes and businesses on the same parcel.

Owner mailing addressSign in to view

Owner name and mailing address are available on Pro.

Sales history

1/16/1995$850,000
Bk 4211 / Pg 321
7/20/1988$0
Bk 3564 / Pg 448

Date	Price	Book / Page
1/16/1995	$850,000	4211 / 321
7/20/1988	$0	3564 / 448

Deeds

No recorded deeds yet. Click Get deed list to pull the title chain from the county clerk.

Properties on Springfield Avenue

Properties on Block 1908

Frequently asked

When was 371 Springfield Avenue, Summit, NJ 07901 last sold?: 371 Springfield Avenue, Summit, NJ 07901 last sold in 1995 for $850,000.
What is the assessed value of 371 Springfield Avenue, Summit, NJ 07901?: 371 Springfield Avenue, Summit, NJ 07901 is assessed at $702,200 (land plus improvements).
What is 371 Springfield Avenue, Summit, NJ 07901 worth?: Our model estimates 371 Springfield Avenue, Summit, NJ 07901 at $2,279,130, based on comparable recorded sales nearby.
How many units does 371 Springfield Avenue, Summit, NJ 07901 have?: 371 Springfield Avenue, Summit, NJ 07901 has 1 dwelling unit on record.
What kind of property is 371 Springfield Avenue, Summit, NJ 07901?: It is a Commercial Property.

Parcel ID2018·block 1908·lot 2

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371 Springfield Avenue

371 Springfield Avenue, Summit, NJ 07901 — owner, sales, deeds · ElasticParcel