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230 Summit St

Somerville, NJ 08876

4 bd 2 ba 1,659 sqft Built 1925 Lot 8,250 sqft single_family
Most recent sale
$325,000
Nov 21, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 21, 2022 Sold $325,000 CJMLS
Oct 27, 2022 Listing removed GardenState
Oct 14, 2022 Price changed $299,900 CJMLS
Oct 13, 2022 Price changed $299,900 GardenState
Oct 8, 2022 Listed $324,900 CJMLS
Oct 7, 2022 Listed $324,900 GardenState
Oct 21, 1999 Sold $170,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $144,500 $142,900 $287,400 $11,723
2024 $144,500 $142,900 $287,400 $11,360
2023 $144,500 $142,900 $287,400 $11,099
2022 $144,500 $142,900 $287,400 $10,809
2021 $144,500 $142,900 $287,400 $10,740
2020 $144,500 $142,900 $287,400 $10,518
2019 $144,500 $142,900 $287,400 $10,446
2018 $144,500 $142,900 $287,400 $10,334
2017 $144,500 $142,900 $287,400 $10,122
2016 $144,500 $142,900 $287,400 $9,711
2015 $144,500 $142,900 $287,400 $9,581
2014 $144,500 $142,900 $287,400 $9,429
2013 $144,500 $142,900 $287,400 $9,314
2012 $144,500 $157,900 $302,400 $9,480
2011 $144,500 $157,900 $302,400 $9,002
2009 $104,300 $84,400 $188,700 $9,936
2008 $104,300 $84,400 $188,700 $9,538
2007 $104,300 $84,400 $188,700 $9,114

Property facts

Year built
1925
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
1,659 sqft
Lot size
8,250 sqft
ZIP code
08876
City
Somerville
Street
Summit St
Coordinates
40.57587, -74.62108

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,489
Gross rental yield
9.19%
Implied cap rate
5.97%
Trend-extrapolated value

Frequently asked questions

When did 230 Summit St last sell?
230 Summit St most recently sold on Nov 21, 2022 for $325,000.
What is the current tax assessment for 230 Summit St?
The most recent total assessment for 230 Summit St (year 2025) is $287,400 with $11,723 in property tax.
How does 230 Summit St's assessment compare to its last sale price?
The current assessment is 11.6% below the last sale price of $325,000.
When was 230 Summit St built?
230 Summit St was built in 1925.
How does 230 Summit St compare to others on Summit St?
We track 8 other properties on Summit St. Browse the list under "Other properties on Summit St" to compare beds, baths, and sale history.
What are the property facts for 230 Summit St?
230 Summit St is a 4 bed, 2 bath, 1,659 sqft, 8,250 sqft lot single_family.
Is 230 Summit St a flip candidate?
No — 230 Summit St does not appear in our flips dataset.
Is 230 Summit St a tax-appeal candidate?
No — 230 Summit 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
-0.3%
Implied 1-yr
-1.1%
2026 Q3
$585.5K
2026 Q4
$583.9K
ZIP 08876 — Median Price History + Forecast

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