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70 Broad St

Summit, NJ 07901

3 bd 1 ba 1,500 sqft Built 1930 Lot 5,227 sqft single_family
Most recent sale
$525,000
May 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 13, 2022 Sold $525,000 Public Record
May 5, 2022 Sold $525,000 MLS #3764318
Apr 19, 2022 Listed $534,900 MLS #3764318
Mar 2, 2022 Price changed $534,900 MLS #22204206
Feb 17, 2022 Listed $549,000 MLS #22204206
Feb 26, 1998 Sold $125,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $154,400 $65,500 $219,900 $9,831
2024 $154,400 $65,500 $219,900 $9,578
2023 $154,400 $65,500 $219,900 $9,515
2022 $52,700 $65,500 $118,200 $5,062
2021 $52,700 $65,500 $118,200 $5,102
2020 $52,700 $65,500 $118,200 $5,153
2019 $52,700 $65,500 $118,200 $5,159
2018 $52,700 $65,500 $118,200 $5,126
2017 $52,700 $65,500 $118,200 $5,159
2016 $52,700 $65,500 $118,200 $5,083
2015 $52,700 $65,500 $118,200 $4,984
2014 $52,700 $65,500 $118,200 $4,855
2013 $52,700 $65,500 $118,200 $4,801
2012 $52,700 $65,500 $118,200 $4,688
2011 $52,700 $65,500 $118,200 $4,525
2010 $52,700 $65,500 $118,200 $4,420
2009 $52,700 $65,500 $118,200 $4,242
2008 $52,700 $65,500 $118,200 $4,060
2007 $52,700 $65,500 $118,200 $3,907

Property facts

Year built
1930
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,500 sqft
Lot size
5,227 sqft
ZIP code
07901
City
Summit
Street
Broad St
Coordinates
40.71731, -74.33837

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
$2,250
Gross rental yield
5.14%
Implied cap rate
3.34%
Trend-extrapolated value

Frequently asked questions

When did 70 Broad St last sell?
70 Broad St most recently sold on May 13, 2022 for $525,000.
What is the current tax assessment for 70 Broad St?
The most recent total assessment for 70 Broad St (year 2025) is $219,900 with $9,831 in property tax.
How does 70 Broad St's assessment compare to its last sale price?
The current assessment is 58.1% below the last sale price of $525,000.
When was 70 Broad St built?
70 Broad St was built in 1930.
How does 70 Broad St compare to others on Broad St?
We track 8 other properties on Broad St. Browse the list under "Other properties on Broad St" to compare beds, baths, and sale history.
What are the property facts for 70 Broad St?
70 Broad St is a 3 bed, 1 bath, 1,500 sqft, 5,227 sqft lot single_family.
Is 70 Broad St a flip candidate?
No — 70 Broad St does not appear in our flips dataset.
Is 70 Broad St a tax-appeal candidate?
No — 70 Broad 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
+6.8%
Implied 1-yr
+27.0%
2026 Q3
$2.07M
2026 Q4
$2.16M
ZIP 07901 — Median Price History + Forecast

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