248 Oak Ridge Ave
Summit, NJ 07901
5 bd 6 ba Built 1936 Lot 26,136 sqft single_family
Most recent sale
$3,200,000
Aug 3, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 3, 2022 | Sold | $3,200,000 | Public Record |
| Jul 22, 2022 | Sold | $3,200,000 | MLS #3786218 |
| Jun 2, 2022 | Listed | $2,925,000 | MLS #3786218 |
| Dec 23, 2019 | Sold | $1,930,000 | Public Record |
| Sep 12, 2019 | Listed | $1,999,000 | MLS #3586904 |
| Jun 22, 2019 | Price changed | $2,050,000 | MLS #3562617 |
| Jun 4, 2019 | Listed | $2,150,000 | MLS #3562617 |
| May 10, 2019 | Price changed | $2,215,000 | MLS #3499361 |
| Apr 24, 2019 | Price changed | $2,275,000 | MLS #3499361 |
| Mar 28, 2019 | Price changed | $2,350,000 | MLS #3499361 |
| Feb 18, 2019 | Price changed | $2,425,000 | MLS #3499361 |
| Nov 9, 2018 | Price changed | $2,550,000 | MLS #3499361 |
| Sep 29, 2018 | Price changed | $2,650,000 | MLS #3499361 |
| Sep 5, 2018 | Listed | $2,775,000 | MLS #3499361 |
| Dec 23, 1991 | Sold | $900,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $517,000 | $460,000 | $977,000 | $43,681 |
| 2024 | $517,000 | $460,000 | $977,000 | $42,558 |
| 2023 | $517,000 | $460,000 | $977,000 | $42,274 |
| 2022 | $365,400 | $460,000 | $825,400 | $35,351 |
| 2021 | $365,400 | $460,000 | $825,400 | $35,632 |
| 2020 | $365,400 | $460,000 | $825,400 | $35,987 |
| 2019 | $546,000 | $460,000 | $1,006,000 | $43,912 |
| 2018 | $546,000 | $460,000 | $1,006,000 | $43,630 |
| 2017 | $546,000 | $460,000 | $1,006,000 | $43,912 |
| 2016 | $546,000 | $460,000 | $1,006,000 | $43,268 |
| 2015 | $657,500 | $460,000 | $1,117,500 | $47,125 |
| 2014 | $657,500 | $460,000 | $1,117,500 | $45,907 |
| 2013 | $657,500 | $460,000 | $1,117,500 | $45,393 |
| 2012 | $657,500 | $460,000 | $1,117,500 | $44,331 |
| 2011 | $657,500 | $460,000 | $1,117,500 | $42,789 |
| 2010 | $657,500 | $460,000 | $1,117,500 | $41,783 |
| 2009 | $657,500 | $460,000 | $1,117,500 | $40,107 |
| 2008 | $657,500 | $460,000 | $1,117,500 | $38,386 |
| 2007 | $657,500 | $460,000 | $1,117,500 | $36,944 |
Property facts
Year built
1936
Property type
single_family
Stories
—
Beds
5
Baths
6
Living area
—
Lot size
26,136 sqft
ZIP code
07901
City
Summit
Street
Oak Ridge Ave
Coordinates
40.69821, -74.37017
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsFrequently asked questions
When did 248 Oak Ridge Ave last sell?
248 Oak Ridge Ave most recently sold on Aug 3, 2022 for $3,200,000.
What is the current tax assessment for 248 Oak Ridge Ave?
The most recent total assessment for 248 Oak Ridge Ave (year 2025) is $977,000 with $43,681 in property tax.
How does 248 Oak Ridge Ave's assessment compare to its last sale price?
The current assessment is 69.5% below the last sale price of $3,200,000.
When was 248 Oak Ridge Ave built?
248 Oak Ridge Ave was built in 1936.
How does 248 Oak Ridge Ave compare to others on Oak Ridge Ave?
We track 8 other properties on Oak Ridge Ave. Browse the list under "Other properties on Oak Ridge Ave" to compare beds, baths, and sale history.
What are the property facts for 248 Oak Ridge Ave?
248 Oak Ridge Ave is a 5 bed, 6 bath, 26,136 sqft lot single_family.
Is 248 Oak Ridge Ave a flip candidate?
No — 248 Oak Ridge Ave does not appear in our flips dataset.
Is 248 Oak Ridge Ave a tax-appeal candidate?
No — 248 Oak Ridge Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.1%
Implied 1-yr
+0.3%
2026 Q3
$1.74M
2026 Q4
$1.74M
ZIP 07901 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Oak Ridge Ave