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554 Summer St

Long Branch, NJ 07740

5 bd 2 ba 1,984 sqft Built 1910 Lot 5,227 sqft single_family
Most recent sale
$570,000
Apr 30, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 30, 2024 Sold $570,000 MoreMLS
Mar 7, 2024 Listing removed MoreMLS
Mar 6, 2024 Listed $579,000 MoreMLS
Dec 21, 2023 Listed $579,000 MoreMLS
Nov 15, 2022 Sold $475,000 MoreMLS
Aug 4, 2022 Price changed $475,000 MLS #22218305
Jun 14, 2022 Listed $500,000 MLS #22218305
Apr 2, 2008 Sold $350,000 Public Record
May 28, 1998 Sold $104,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $343,700 $224,400 $568,100 $8,521
2024 $343,700 $224,400 $568,100 $7,586
2023 $309,500 $159,400 $468,900 $7,282
2022 $272,600 $117,000 $389,600 $6,985
2021 $254,900 $109,000 $363,900 $7,282
2020 $253,500 $97,000 $350,500 $7,325
2019 $241,700 $95,000 $336,700 $7,077
2018 $232,800 $93,000 $325,800 $6,887
2017 $228,400 $90,000 $318,400 $6,562
2016 $222,500 $92,000 $314,500 $6,356
2015 $183,800 $84,800 $268,600 $5,982
2014 $163,100 $95,200 $258,300 $5,458
2013 $163,100 $95,200 $258,300 $5,277
2012 $163,100 $95,200 $258,300 $5,060
2011 $163,100 $95,200 $258,300 $4,903
2010 $163,100 $95,200 $258,300 $4,848
2009 $180,700 $159,100 $339,800 $5,005
2008 $180,700 $159,100 $339,800 $4,577
2007 $180,700 $159,100 $339,800 $4,577

Property facts

Year built
1910
Property type
single_family
Stories
2
Beds
5
Baths
2
Living area
1,984 sqft
Lot size
5,227 sqft
ZIP code
07740
City
Long Branch
Street
Summer St
Coordinates
40.29386, -73.99887

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,976
Gross rental yield
6.27%
Implied cap rate
4.07%
Trend-extrapolated value

Frequently asked questions

When did 554 Summer St last sell?
554 Summer St most recently sold on Apr 30, 2024 for $570,000.
What is the current tax assessment for 554 Summer St?
The most recent total assessment for 554 Summer St (year 2025) is $568,100 with $8,521 in property tax.
How does 554 Summer St's assessment compare to its last sale price?
The current assessment is 0.3% below the last sale price of $570,000.
When was 554 Summer St built?
554 Summer St was built in 1910.
How does 554 Summer St compare to others on Summer St?
We track 5 other properties on Summer St. Browse the list under "Other properties on Summer St" to compare beds, baths, and sale history.
What are the property facts for 554 Summer St?
554 Summer St is a 5 bed, 2 bath, 1,984 sqft, 5,227 sqft lot single_family.
Is 554 Summer St a flip candidate?
Yes — 554 Summer St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 554 Summer St a tax-appeal candidate?
No — 554 Summer St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.0%
Implied 1-yr
+4.0%
2026 Q3
$1.22M
2026 Q4
$1.23M
ZIP 07740 — Median Price History + Forecast

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