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1 Chatham Road

Summit, NJ 07901·Union County

Estimated market value

$1,947,420

moderate confidence

range $1,655,307 – $2,239,533

Assessment-implied: $1,947,420; Equalization ratio 0.3081 (2025)
Comparable sales: 3 (below threshold)

Based on 3 comparable sales

Address	Sold	Price
120 Summit Ave	12/5/2025	$1,600,000
22 River Rd	10/6/2025	$31,719,000
137 Summit Ave	9/10/2024	$2,000,000

Last sale

$1,815,359

5/24/2013

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

Property

Type

Commercial

Tax class

Commercial

Year built

1991

Building size

—

Lot size

1.17 ac

Land description

220X232

Building description

1SB GAS STATION

Dwelling / commercial units

—

Tax & Assessment

Net assessed value

$600,000

Land value

$498,100

Improvement value

$101,900

Last year's tax

$26,136

Sale on tax record

$1,815,359

Deed date

5/15/2013

Zoning

LI· Industrial

Typically allows manufacturing, warehouses, and similar uses.

Owner mailing addressSign in to view

Owner name and mailing address are available on Pro.

Sales history

5/15/2013$1,815,359
Bk 5954 / Pg 133
3/9/2012$10
Bk 5905 / Pg 396

Date	Price	Book / Page
5/15/2013	$1,815,359	5954 / 133
3/9/2012	$10	5905 / 396

Deeds

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Properties on Chatham Road

Properties on Block 202

Frequently asked

When was 1 Chatham Road, Summit, NJ 07901 last sold?: 1 Chatham Road, Summit, NJ 07901 last sold in 2013 for $1,815,359.
What is the assessed value of 1 Chatham Road, Summit, NJ 07901?: 1 Chatham Road, Summit, NJ 07901 is assessed at $600,000 (land plus improvements).
What is 1 Chatham Road, Summit, NJ 07901 worth?: Our model estimates 1 Chatham Road, Summit, NJ 07901 at $1,947,420, based on comparable recorded sales nearby.
What kind of property is 1 Chatham Road, Summit, NJ 07901?: It is a Commercial Property.

Parcel ID2018·block 202·lot 10