131 Summit Rd
Sparta, NJ 07871
4 bd 3 ba 1,632 sqft Built 1964 Lot 16,553 sqft single_family
Most recent sale
$445,000
May 6, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 6, 2022 | Sold | $445,000 | MLS #3765964 |
| Feb 26, 2022 | Listed | $424,900 | MLS #3765964 |
| Mar 1, 1985 | Sold | $108,000 | Public Record |
| Nov 1, 1981 | Sold | $85,200 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $135,100 | $140,200 | $275,300 | $10,098 |
| 2024 | $135,100 | $140,200 | $275,300 | $9,880 |
| 2023 | $135,100 | $140,200 | $275,300 | $9,596 |
| 2022 | $135,100 | $140,200 | $275,300 | $9,365 |
| 2021 | $135,100 | $140,200 | $275,300 | $9,217 |
| 2020 | $135,100 | $140,200 | $275,300 | $9,360 |
| 2019 | $135,100 | $140,200 | $275,300 | $9,117 |
| 2018 | $135,100 | $140,200 | $275,300 | $8,925 |
| 2017 | $135,100 | $140,200 | $275,300 | $8,815 |
| 2016 | $135,100 | $140,200 | $275,300 | $8,608 |
| 2015 | $122,900 | $97,300 | $220,200 | $8,563 |
| 2014 | $122,900 | $97,300 | $220,200 | $8,424 |
| 2013 | $122,900 | $97,300 | $220,200 | $8,246 |
| 2012 | $122,900 | $97,300 | $220,200 | $8,046 |
| 2011 | $122,900 | $97,300 | $220,200 | $7,737 |
| 2010 | $122,900 | $97,300 | $220,200 | $7,203 |
| 2009 | $122,900 | $97,300 | $220,200 | $6,879 |
| 2008 | $122,900 | $97,300 | $220,200 | $6,570 |
| 2007 | $122,900 | $97,300 | $220,200 | $6,319 |
Property facts
Year built
1964
Property type
single_family
Stories
—
Beds
4
Baths
3
Living area
1,632 sqft
Lot size
16,553 sqft
ZIP code
07871
City
Sparta
Street
Summit Rd
Coordinates
41.01787, -74.67789
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,448
Gross rental yield
6.60%
Implied cap rate
4.29%
Trend-extrapolated value
—
Frequently asked questions
When did 131 Summit Rd last sell?
131 Summit Rd most recently sold on May 6, 2022 for $445,000.
What is the current tax assessment for 131 Summit Rd?
The most recent total assessment for 131 Summit Rd (year 2025) is $275,300 with $10,098 in property tax.
How does 131 Summit Rd's assessment compare to its last sale price?
The current assessment is 38.1% below the last sale price of $445,000.
When was 131 Summit Rd built?
131 Summit Rd was built in 1964.
How does 131 Summit Rd compare to others on Summit Rd?
We track 8 other properties on Summit Rd. Browse the list under "Other properties on Summit Rd" to compare beds, baths, and sale history.
What are the property facts for 131 Summit Rd?
131 Summit Rd is a 4 bed, 3 bath, 1,632 sqft, 16,553 sqft lot single_family.
Is 131 Summit Rd a flip candidate?
No — 131 Summit Rd does not appear in our flips dataset.
Is 131 Summit Rd a tax-appeal candidate?
No — 131 Summit Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+3.5%
Implied 1-yr
+14.1%
2026 Q3
$811.5K
2026 Q4
$834.8K
ZIP 07871 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Summit Rd