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CondominiumResidential

417 Morris Ave

SUMMIT, NJ 07901
3.03 ac
Lot SizeThe size of the land the home sits on, from county records.
1950
Year BuiltThe year the home was originally built, according to county records.
Built 195048 units1,024–1,096 ft²
$26M
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.
$571K
Median unit valueThe middle unit value in this building by our estimate: half the units are worth more, half less.
$558
Median $/ft²The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.

-24.3%vs the Summit ZIP median sale $/ft² ($737)

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.
This building's own appreciationThe building's own appreciation: for every unit that sold twice (held over a year), we compute its yearly price change between the two sales and take the middle value. This is the cleanest read on how this specific building performs, because it compares each unit to itself.
+2.8%per yeartypical hold 6.0 yrsfrom 41 same-unit resales
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
19992002200720102014201820222025
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
19992002200720102014201820222025

81 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.

Every unit: size vs estimated valueEvery unit in the building as one dot: across is its size, up is our current value estimate, and color is its bedroom count. Vertical columns of dots are recurring floor plans; the height spread within a column shows how much floor, view and condition move prices for the same layout.
$374K$495K$616K$737K1,024 ft²1,038 ft²1,053 ft²1,067 ft²1,082 ft²1,096 ft²
Studio
Studio
48 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 · 1,024 ft²
47 units
One-off layouts
1 unit

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.

$374K–$401K
3 units
$462K–$462K
2 units
$468K–$508K
10 units
$518K–$553K
2 units
$564K–$586K
24 units
$604K–$643K
6 units
$737K–$737K
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.52%
Company-ownedUnits owned through an LLC, trust, or other company — a rough proxy for investor ownership.6%
Typical owner tenureThe middle number of years since each unit last changed hands — how long the current owners have been in place.11.6 yrs
Cash purchases (5 yrs)The share of purchases in the last 5 years with no mortgage recorded. High cash share is common in second-home and investor buildings.69%
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.23%
Median owner equityThe middle dollar amount of equity (value minus loans) unit owners hold in this building.$616,274
Median tax billThe middle annual property tax bill among the building's units.$5,280
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 7Aug 11, 2025$649,000Unit 41Jun 23, 2025$555,000Unit 21Mar 18, 2025$509,000Unit 21Jan 7, 2025$405,100Unit 29Apr 25, 2024$500,000Unit 32Apr 12, 2024$500,000Unit 2Apr 1, 2024$457,000Unit 1Oct 30, 2023$480,000Unit 32Apr 24, 2023$385,000Unit 2Feb 7, 2023$420,000

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
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 · 0.3 mi
E
Lincoln-Hubbard Elementary SchoolA+
Elementary · Grades 1–5 · 0.3 mi
M
Lawton C. Johnson Summit Middle SchoolA+
Middle · Grades 6–8 · 0.8 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.

417 Morris Ave
1,024 ft²
$608K
417 Morris Ave # 2
1,024 ft²
$553K
417 Morris Ave # 3
1,024 ft²
$570K
417 Morris Ave
1,024 ft²
$564K
417 Morris Ave # 5
1,024 ft²
$608K
417 Morris Ave # 6
1,024 ft²
$573K
417 Morris Ave
1,024 ft²
$737K
417 Morris Ave # 8
1,024 ft²
$571K
417 Morris Ave # 9
1,024 ft²
$582K
417 Morris Ave # 10
1,024 ft²
$582K
417 Morris Ave # 11
1,024 ft²
$576K
417 Morris Ave # 12
1,024 ft²
$462K
417 Morris Ave # 13
1,024 ft²
$576K
417 Morris Ave # 14
1,024 ft²
$574K
417 Morris Ave # 15
1,024 ft²
$582K
417 Morris Ave
1,024 ft²
$582K
417 Morris Ave # 18
1,024 ft²
$582K
417 Morris Ave # 19
1,024 ft²
$468K
417 Morris Ave # 20
1,024 ft²
$584K
417 Morris Ave # 21
1,024 ft²
$609K
417 Morris Ave # 22
1,024 ft²
$604K
417 Morris Ave # 23
1,024 ft²
$583K
417 Morris Ave # 24
1,024 ft²
$576K
417 Morris Ave # 25
1,024 ft²
$484K
417 Morris Ave # 25a
1,096 ft²
$374K
417 Morris Ave # 26
1,024 ft²
$571K
417 Morris Ave # 27
1,024 ft²
$501K
417 Morris Ave # 28
1,024 ft²
$481K
417 Morris Ave # 29
1,024 ft²
$518K
417 Morris Ave # 30
1,024 ft²
$462K
417 Morris Ave # 31
1,024 ft²
$401K
417 Morris Ave # 32
1,024 ft²
$624K
417 Morris Ave # 33
1,024 ft²
$489K
417 Morris Ave # 34
1,024 ft²
$571K
417 Morris Ave # 35
1,024 ft²
$586K
417 Morris Ave # 36
1,024 ft²
$569K
417 Morris Ave # 37
1,024 ft²
$401K
417 Morris Ave # 38
1,024 ft²
$508K
417 Morris Ave # 39
1,024 ft²
$506K
417 Morris Ave # 40
1,024 ft²
$574K
417 Morris Ave
1,024 ft²
$643K
417 Morris Ave # 42
1,024 ft²
$489K
417 Morris Ave # 43
1,024 ft²
$571K
417 Morris Ave # 44
1,024 ft²
$566K
417 Morris Ave # 45
1,024 ft²
$569K
417 Morris Ave # 46
1,024 ft²
$494K
417 Morris Ave # 47
1,024 ft²
$490K
417 Morris Ave # 48
1,024 ft²
$566K

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

About 417 Morris Ave

How many units are in 417 Morris Ave, Summit, NJ?

417 Morris Ave, Summit, NJ has 48 residential units across built in 1950, according to county assessor records.

What is a unit at 417 Morris Ave, Summit, NJ worth?

The median TopHap Estimate across the 48 units at 417 Morris Ave, Summit, NJ is $571,002. That works out to $558 per square foot. Units run from 1,024 to 1,096 square feet. Estimates are modelled from recorded sales and assessments, not appraisals.

Is 417 Morris Ave, Summit, NJ expensive for Summit?

Units at 417 Morris Ave, Summit, NJ carry a median of $558 per square foot, 24% below the Summit median of $737 per square foot.

How often do units sell at 417 Morris Ave, Summit, NJ?

0 units at 417 Morris Ave, Summit, NJ sold in the last 12 months, out of 81 recorded arms-length sales all time. That is a turnover rate of 0.0% of the building per year.

Have units at 417 Morris Ave, Summit, NJ appreciated?

Across 41 repeat sales of the same unit, 417 Morris Ave, Summit, NJ returned a median 2.8% 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 6.0 years.

What floor plans does 417 Morris Ave, Summit, NJ have?

The most common plan at 417 Morris Ave, Summit, NJ is a 0-bedroom of 1,024 square feet, repeated 47 times, with a median estimate of $571,145. TopHap identifies 1 recurring plans in the building.

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