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22 Edison Dr

Summit, NJ 07901

4 bd 4 ba 2,576 sqft Built 1950 Lot 6,970 sqft single_family
Most recent sale
$619,000
Jan 22, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 14, 2025 Sold $1,569,000 Public Record
Jun 12, 2025 Listed $1,559,000 GardenState
May 28, 2025 Price changed $1,549,999 GardenState
May 7, 2025 Relisted $1,619,000 GardenState
Apr 1, 2025 Price changed $1,595,000 GardenState
Mar 20, 2025 Listed $1,700,000 GardenState
Jan 22, 2024 Sold $619,000 Public Record
Jan 12, 2024 Sold $619,000 GardenState
Nov 9, 2023 Listed $565,000 GardenState

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $391,900 $91,700 $483,600 $7,167
2024 $68,600 $91,700 $160,300 $6,982
2023 $68,600 $91,700 $160,300 $6,936
2022 $68,600 $91,700 $160,300 $6,865
2021 $68,600 $91,700 $160,300 $6,920
2020 $68,600 $91,700 $160,300 $6,989
2019 $68,600 $91,700 $160,300 $6,997
2018 $68,600 $91,700 $160,300 $6,952
2017 $68,600 $91,700 $160,300 $6,997
2016 $68,600 $91,700 $160,300 $6,894
2015 $68,600 $91,700 $160,300 $6,759
2014 $68,600 $91,700 $160,300 $6,585
2013 $68,600 $91,700 $160,300 $6,511
2012 $68,600 $91,700 $160,300 $6,359
2011 $68,600 $91,700 $160,300 $6,137
2009 $68,600 $91,700 $160,300 $5,753
2008 $68,600 $91,700 $160,300 $5,506
2007 $68,600 $91,700 $160,300 $5,299

Property facts

Year built
1950
Property type
single_family
Stories
Beds
4
Baths
4
Living area
2,576 sqft
Lot size
6,970 sqft
ZIP code
07901
City
Summit
Street
Edison Dr
Coordinates
40.71447, -74.33869

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,864
Gross rental yield
7.49%
Implied cap rate
4.87%
Trend-extrapolated value

Frequently asked questions

When did 22 Edison Dr last sell?
22 Edison Dr most recently sold on Jan 22, 2024 for $619,000.
What is the current tax assessment for 22 Edison Dr?
The most recent total assessment for 22 Edison Dr (year 2025) is $483,600 with $7,167 in property tax.
How does 22 Edison Dr's assessment compare to its last sale price?
The current assessment is 21.9% below the last sale price of $619,000.
When was 22 Edison Dr built?
22 Edison Dr was built in 1950.
How does 22 Edison Dr compare to others on Edison Dr?
We track 4 other properties on Edison Dr. Browse the list under "Other properties on Edison Dr" to compare beds, baths, and sale history.
What are the property facts for 22 Edison Dr?
22 Edison Dr is a 4 bed, 4 bath, 2,576 sqft, 6,970 sqft lot single_family.
Is 22 Edison Dr a flip candidate?
Yes — 22 Edison Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 22 Edison Dr a tax-appeal candidate?
No — 22 Edison Dr 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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