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175 Springfield Ave

Summit, NJ 07901

6 bd 9 ba 9,495 sqft Built 1850 Lot 51,401 sqft single_family
Most recent sale
$2,650,000
Apr 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 5, 2024 Listed $5,500,000 GardenState
Apr 19, 2024 Sold $5,500,000 Public Record
Aug 23, 2023 Sold $5,375,000 Public Record
Jul 20, 2023 Sold $5,375,000 GardenState
May 25, 2023 Listed $5,490,000 GardenState
Mar 10, 2023 Price changed $5,490,000 GardenState
Jun 14, 2022 Price changed $4,490,000 MLS #3785317
May 28, 2022 Listed $4,888,000 MLS #3785317
Apr 13, 2022 Sold $2,650,000 MLS #3761314
Jan 30, 2022 Listed $2,195,000 MLS #3761314
Jan 25, 2021 Listed for rent $11,000 GardenState
Sep 27, 2020 Listed $2,195,000 MLS #3667480
Aug 28, 2019 Listed $2,150,000 MLS #3583255
Aug 28, 2019 Listed for rent $11,000 GardenState
May 9, 2019 Price changed for rent $11,000 GardenState
May 9, 2019 Price changed $2,150,000 MLS #3534989
Feb 27, 2019 Listed $2,250,000 MLS #3534989
Feb 27, 2019 Listed for rent $12,000 GardenState
Jun 16, 2018 Listing removed $2,295,000 GardenState
Mar 5, 2018 Listed $2,295,000 MLS #3451265
Jun 9, 2016 Listing removed $2,695,000 GardenState
Mar 2, 2016 Listed $2,695,000 MLS #3286196
Sep 19, 2015 Listing removed $10,500 GardenState
Mar 18, 2015 Listed $2,950,000 MLS #3205394
Mar 18, 2015 Listed for rent $10,500 GardenState
Mar 11, 2015 Listing removed $10,500 GardenState
Sep 12, 2014 Listed $2,950,000 MLS #3170631
Sep 12, 2014 Listed for rent $10,500 GardenState
Aug 12, 2014 Listing removed $3,200,000 GardenState
Feb 11, 2014 Listed $3,200,000 MLS #3118540
Dec 16, 2013 Listing removed $3,600,000 GardenState
Apr 22, 2013 Listed $3,600,000 MLS #3025131
Jun 9, 1994 Sold $1,070,000 Public Record
Aug 14, 1990 Sold $1,130,000 Public Record
Jul 25, 1990 Sold $1,130,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $1,146,500 $506,200 $1,652,700 $73,892
2024 $1,146,500 $506,200 $1,652,700 $70,249
2023 $468,400 $506,200 $974,600 $42,170
2022 $468,400 $506,200 $974,600 $41,742
2021 $468,400 $506,200 $974,600 $42,073
2020 $693,400 $506,200 $1,199,600 $52,303
2019 $693,400 $506,200 $1,199,600 $52,363
2018 $693,400 $506,200 $1,199,600 $52,027
2017 $693,400 $506,200 $1,199,600 $52,363
2016 $693,400 $506,200 $1,199,600 $51,595
2015 $693,400 $506,200 $1,199,600 $50,587
2014 $693,400 $506,200 $1,199,600 $49,280
2013 $693,400 $506,200 $1,199,600 $48,728
2012 $693,400 $506,200 $1,199,600 $47,588
2011 $693,400 $506,200 $1,199,600 $45,933
2010 $693,400 $506,200 $1,199,600 $44,853
2009 $693,400 $506,200 $1,199,600 $43,054
2008 $693,400 $506,200 $1,199,600 $41,206
2007 $693,400 $506,200 $1,199,600 $39,658

Property facts

Year built
1850
Property type
single_family
Stories
Beds
6
Baths
9
Living area
9,495 sqft
Lot size
51,401 sqft
ZIP code
07901
City
Summit
Street
Springfield Ave
Coordinates
40.71725, -74.34578

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
$14,243
Gross rental yield
6.45%
Implied cap rate
4.19%
Trend-extrapolated value

Frequently asked questions

When did 175 Springfield Ave last sell?
175 Springfield Ave most recently sold on Apr 13, 2022 for $2,650,000.
What is the current tax assessment for 175 Springfield Ave?
The most recent total assessment for 175 Springfield Ave (year 2025) is $1,652,700 with $73,892 in property tax.
How does 175 Springfield Ave's assessment compare to its last sale price?
The current assessment is 37.6% below the last sale price of $2,650,000.
When was 175 Springfield Ave built?
175 Springfield Ave was built in 1850.
How does 175 Springfield Ave compare to others on Springfield Ave?
We track 8 other properties on Springfield Ave. Browse the list under "Other properties on Springfield Ave" to compare beds, baths, and sale history.
What are the property facts for 175 Springfield Ave?
175 Springfield Ave is a 6 bed, 9 bath, 9,495 sqft, 51,401 sqft lot single_family.
Is 175 Springfield Ave a flip candidate?
Yes — 175 Springfield Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 175 Springfield Ave a tax-appeal candidate?
No — 175 Springfield Ave 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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