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1071 Summit Ln

Mountainside, NJ 07092

3 bd 4 ba 2,921 sqft Built 1965 Lot 23,087 sqft single_family
Most recent sale
$759,000
Dec 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 19, 2022 Sold $759,000 GardenState
Nov 14, 2022 Listing removed NewJerseyMLS
Nov 7, 2022 Price changed $759,900 NewJerseyMLS
Oct 17, 2022 Listed $799,999 NewJerseyMLS
Dec 26, 2012 Sold $498,000 Public Record
Oct 6, 2012 Listing removed $525,000 GardenState
Sep 11, 2012 Listed $525,000 GardenState
Oct 8, 2003 Sold $539,000 Public Record
Sep 15, 2003 Sold $539,000 Public Record
Mar 27, 1989 Sold $270,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $297,300 $305,400 $602,700 $12,656
2024 $297,300 $305,400 $602,700 $12,355
2023 $297,300 $305,400 $602,700 $11,981
2022 $297,300 $305,400 $602,700 $12,035
2021 $297,300 $305,400 $602,700 $11,837
2020 $94,100 $57,500 $151,600 $11,330
2019 $94,100 $57,500 $151,600 $11,389
2018 $94,100 $57,500 $151,600 $11,412
2017 $94,100 $57,500 $151,600 $11,329
2016 $94,100 $57,500 $151,600 $11,071
2015 $94,100 $57,500 $151,600 $10,860
2014 $94,100 $57,500 $151,600 $10,211
2013 $94,100 $57,500 $151,600 $9,767
2012 $94,100 $57,500 $151,600 $9,362
2011 $89,100 $57,500 $146,600 $8,545
2009 $89,100 $57,500 $146,600 $7,784
2008 $89,100 $57,500 $146,600 $7,623
2007 $89,100 $57,500 $146,600 $7,181

Property facts

Year built
1965
Property type
single_family
Stories
2
Beds
3
Baths
4
Living area
2,921 sqft
Lot size
23,087 sqft
ZIP code
07092
City
Mountainside
Street
Summit Ln
Coordinates
40.69291, -74.35520

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,382
Gross rental yield
6.93%
Implied cap rate
4.50%
Trend-extrapolated value

Frequently asked questions

When did 1071 Summit Ln last sell?
1071 Summit Ln most recently sold on Dec 19, 2022 for $759,000.
What is the current tax assessment for 1071 Summit Ln?
The most recent total assessment for 1071 Summit Ln (year 2025) is $602,700 with $12,656 in property tax.
How does 1071 Summit Ln's assessment compare to its last sale price?
The current assessment is 20.6% below the last sale price of $759,000.
When was 1071 Summit Ln built?
1071 Summit Ln was built in 1965.
How does 1071 Summit Ln compare to others on Summit Ln?
We track 8 other properties on Summit Ln. Browse the list under "Other properties on Summit Ln" to compare beds, baths, and sale history.
What are the property facts for 1071 Summit Ln?
1071 Summit Ln is a 3 bed, 4 bath, 2,921 sqft, 23,087 sqft lot single_family.
Is 1071 Summit Ln a flip candidate?
No — 1071 Summit Ln does not appear in our flips dataset.
Is 1071 Summit Ln a tax-appeal candidate?
No — 1071 Summit Ln 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
+1.1%
Implied 1-yr
+4.3%
2026 Q2
$945.6K
2026 Q3
$955.1K
ZIP 07092 — Median Price History + Forecast

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