Tucked away in Union County sits the thriving city of Summit New Jersey. With high per-capita income, one of the highest in the county, Summit is an affluent community that has much to offer its residents. A PATH train takes residents directly to Manhattan and supports Summit’s growing popularity as a suburban destination for those who work in New York City. In addition, New Jersey Transit offers service to Newark. These two opportunities make homes for sale in Summit NJ an excellent choice.
Real estate available for sale in the Summit area appeals to some of the region's most affluent buyers. Not surprisingly, homes for sale in Summit NJ sold for high prices throughout 2016 averaging $895,000 vs. $1,062,000 in 2017.
Because of the high demand for the spacious homes in this area, homes for sale in Summit NJ sell quickly. Summit NJ homes stayed on the market for an average of just 43 days during 2017 compared to 52 days during 2016. T
Buyers in the market for homes for sale in Summit NJ will find a range of options available to them. The community is known for its sprawling mansion-like estates, but additional options, including historic colonial-inspired properties and even condos and apartments near the center of town are also available.
Summit residents can easily commute to New York City & other major destinations. A Residential Bar-code parking permit is required to park in order to commute. The bar-code permit costs $10.00 per permit with a senior discount of $5.00 per permit. Daily parking fee is $4.00 from 6:00 AM to 6:00 PM Monday thru Friday. Machines accept payments starting at 4 AM. For permit applications, they may be mailed or dropped off at the Summit Permit Center, 71 Summit Ave, Summit, NJ 07901. You’ll be issued a hanging tag to place in your rearview mirror.
The Summit district schools consist of five elementary schools for children K-5. Brayton, Franklin, Hubbard, Jefferson and Washington. There is one Middle School and one High School. Summit High School was recently ranked 24th BEST in the state by US News and World Report. Niche Best Public High Schools 2017 have just been released.
Those shopping for homes for sale in Summit NJ need the right real estate team on their side to ensure that the process goes as smoothly as possible. The shared passion of Joanna Parker-Lentz and Jodi Rubenstein comes together to help today's buyers and sellers find success in the New Jersey real estate market. The personal touch of this team of real estate professionals brings phenomenal success to their clients. Contact them today at Coldwell Banker in Short Hills to get personal attention on your Summit New Jersey real estate buying or selling experience.
To see the schools report for Summit, click here .
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Today's Market Trends for Summit *
* All data pertains to single-family homes