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CondominiumResidential

382 Morris Ave

SUMMIT, NJ 07901
0.84 ac
Lot SizeThe size of the land the home sits on, from county records.
1986
Year BuiltThe year the home was originally built, according to county records.
Built 19869 units1,023–1,023 ft²
$4.3M
All units combinedThe sum of our current value estimates for every unit in the building — roughly what the whole building's homes are worth together.
$479K
Median unit valueThe middle unit value in this building by our estimate: half the units are worth more, half less.
$468
Median $/ft²The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.

-22.2%vs the Summit ZIP median sale $/ft² ($602)

Sales Performance

—
Median sale (12 mo)The middle sale price among this building's units that sold in the last 12 months, from recorded deeds.
—
1-yr changeHow the building's median sale price over the last 12 months compares with the 12 months before that.
0
Sales (12 mo)Units in this building that sold in the last 12 months, from recorded arms-length deeds.
0.0%
Turnover (12 mo)The share of units that changed hands in the last 12 months. Around 4–6% a year is typical; much higher can signal investor churn or a wave of exits.
Median sale price (yearly, all time)Every recorded arms-length sale in the building since records begin, grouped by year: the bars count sales and the line tracks the median price paid.MedianSales
19992001200720102012201520172021
Sale price per ft² (yearly, all time)The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.$/ft²
19992001200720102012201520172021

10 arms-length sales on record for this building.

Unit Mix & Floor PlansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.

Studio
9 units
Recurring floor plansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.
Studio · 0 ba · 1,023 ft²
9 units

Value DistributionHow the building's units spread across value ranges by our current estimates. A wide spread usually means big differences in size, floor or view.

$465K–$465K
1 unit
$475K–$475K
1 unit
$477K–$477K
2 units
$479K–$480K
4 units
$482K–$482K
1 unit

Ownership & Financing

Owner-occupiedThe share of units where the owner lives in the unit, per county records. The rest are second homes or rentals.11%
Company-ownedUnits owned through an LLC, trust, or other company — a rough proxy for investor ownership.11%
Typical owner tenureThe middle number of years since each unit last changed hands — how long the current owners have been in place.13.9 yrs
Avg. loan-to-valueAverage current loan balance against unit value across the building. Low numbers mean owners hold lots of equity — a sign of financial stability.22%
Median owner equityThe middle dollar amount of equity (value minus loans) unit owners hold in this building.$440,551
Median tax billThe middle annual property tax bill among the building's units.$4,873
Pre-foreclosure noticesUnits with an active pre-foreclosure or foreclosure notice on file.0

Recent SalesThe latest recorded arms-length sales in the building, newest first.

Unit A1Oct 25, 2021$325,000Unit A3Aug 16, 2017$320,000Unit C3Mar 6, 2017$329,000Unit C2Sep 30, 2015$320,000Unit A2Nov 28, 2012$325,000Unit B2Jul 22, 2010$325,000Unit A2Nov 2, 2007$310,000Unit B2Apr 2, 2007$352,000Unit A3Sep 10, 2001$200,000Unit B1Dec 10, 1999$122,500

Values are TopHap estimates, not appraisals. Sales, ownership and tax figures come from recorded county documents via ATTOM and can lag by several weeks.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Condominium
StyleThe architectural style of the home, such as ranch or colonial.Condo/Apartment
CountyUNION
Lot (acres)The size of the land the home sits on, from county records.0.84
PoolWhether the property has a pool, and what kind, such as in-ground.No

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

H
Summit High SchoolA-
High · Grades 9–12 · 0.2 mi
E
Washington Elementary SchoolA+
Elementary · Grades 1–5 · 0.5 mi
M
Lawton C. Johnson Summit Middle SchoolA+
Middle · Grades 6–8 · 0.6 mi

District: Summit City School District

Neighborhood · ZIP 07901These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.55
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.95
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.110

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.95%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.34%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.4.5%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.6%
PopulationHow many people live in this area.24,077
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.3,885 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$187,703
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$262,118
Average tempThe average temperature here across a full year.51°F
Annual precipHow much rain and melted snow falls here in a typical year.51 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.56%

All UnitsEvery property record the county has at this street address, such as the units in a condo building. Prices shown are our estimates, not asking prices.

382 Morris Ave # A1
1,023 ft²
$465K
382 Morris Ave # B1
1,023 ft²
$475K
382 Morris Ave # C1
1,023 ft²
$477K
382 Morris Ave # A2
1,023 ft²
$480K
382 Morris Ave # B2
1,023 ft²
$482K
382 Morris Ave # C2
1,023 ft²
$480K
382 Morris Ave # A3
1,023 ft²
$479K
382 Morris Ave # B3
1,023 ft²
$477K
382 Morris Ave # C3
1,023 ft²
$479K

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

About 382 Morris Ave

How many units are in 382 Morris Ave, Summit, NJ?

382 Morris Ave, Summit, NJ has 9 residential units across built in 1986, according to county assessor records.

What is a unit at 382 Morris Ave, Summit, NJ worth?

The median TopHap Estimate across the 9 units at 382 Morris Ave, Summit, NJ is $479,024. That works out to $468 per square foot. Units run from 1,023 to 1,023 square feet. Estimates are modelled from recorded sales and assessments, not appraisals.

Is 382 Morris Ave, Summit, NJ expensive for Summit?

Units at 382 Morris Ave, Summit, NJ carry a median of $468 per square foot, 22% below the Summit median of $602 per square foot.

How often do units sell at 382 Morris Ave, Summit, NJ?

0 units at 382 Morris Ave, Summit, NJ sold in the last 12 months, out of 10 recorded arms-length sales all time. That is a turnover rate of 0.0% of the building per year.

Have units at 382 Morris Ave, Summit, NJ appreciated?

Across 3 repeat sales of the same unit, 382 Morris Ave, Summit, NJ returned a median 0.9% per year. Because each pair is the same unit bought and sold, the figure is not distorted by which units traded. The median owner held for 5.1 years.

What floor plans does 382 Morris Ave, Summit, NJ have?

The most common plan at 382 Morris Ave, Summit, NJ is a 0-bedroom of 1,023 square feet, repeated 9 times, with a median estimate of $479,024. TopHap identifies 1 recurring plans in the building.

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Assigned schools

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