The median home value in Summit, NJ is $886,400. This is higher than the county median home value of $344,200. The national median home value is $219,700. The average price of homes sold in Summit, NJ is $886,400. Approximately 67.5% of Summit homes are owned, compared to 27.46% rented, while 5.04% are vacant. Summit real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Summit real estate agent to arrange a tour today!
Summit, New Jersey 07901 has a population of 22,155. Summit 07901 is more family-centric than the surrounding county with 53.31% of the households containing married families with children. The county average for households married with children is 34.27%.
The median household income in Summit, New Jersey 07901 is $132,443. The median household income for the surrounding county is $73,376 compared to the national median of $57,652. The median age of people living in Summit 07901 is 39.9 years.
The average high temperature in July is 86.3 degrees, with an average low temperature in January of 18.3 degrees. The average rainfall is approximately 48.8 inches per year, with 25.3 inches of snow per year.