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Single Family ResidenceResidential
$1,262,634$541 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 90How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Aug 30, 2026
Last sold for $750,000 on Jan 29, 2007

45 WALLACE RD

SUMMIT, NJ 07901
0
Baths
2,335 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.34 ac
Lot SizeThe size of the land the home sits on, from county records.
1961
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.

Valuation

$1.3M
$1.1M low$1.4M high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$750,000 · Jan 29, 2007

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$14,012 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$313,400 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$152,800
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$160,600
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$313,400
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$313,400

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyUNION
Lot (acres)The size of the land the home sits on, from county records.0.34
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Attached
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(3)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

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

E
Washington Elementary SchoolA-
Elementary · Grades 1–5 · 0.6 mi
H
Summit High SchoolA+
High · Grades 9–12 · 1.0 mi
M
Lawton C. Johnson Summit Middle SchoolA-
Middle · Grades 6–8 · 1.5 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%

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

How this home compares

45 Wallace Rd measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 91% of homes in Union County
  • Costs more per square foot than 85% of homes in Union County
  • Bigger than 73% of homes in Union County
  • Has a bigger lot than 85% of homes in Union County
  • Newer than 78% of homes in Summit 07901

What homes are worth in Summit 07901

Each bar is how many homes fall in that price range. The marker is this home.

This home
$467K$4.3M

This home is worth more than 46% of homes in Summit 07901.

How it measures up in Summit 07901

The dot is this home. The mark in the middle is the typical home in Summit 07901.

Estimated value$1,262,634
CheaperTypical $1,344,981Pricier

Pricier than 46% of homes nearby

Price per ft²$541
CheaperTypical $624Pricier

Pricier than 28% of homes nearby

Living area2,335 ft²
SmallerTypical 2,278 ft²Bigger

Bigger than 53% of homes nearby

Lot size0.34 ac
SmallerTypical 0.29 acBigger

Bigger than 57% of homes nearby

Year built1961
OlderTypical 1951Newer

Newer than 78% of homes nearby

How 45 Wallace Rd ranks against every home in each area.
MeasureThis homeSummit 07901Union County
Estimated valuepricier than$1,262,63446% of homes91% of homes
Price per ft²pricier than$54128% of homes85% of homes
Living areabigger than2,335 ft²53% of homes73% of homes
Lot sizebigger than0.34 ac57% of homes85% of homes
Year builtnewer than196178% of homes76% of homes

About 45 Wallace Rd

How much is 45 Wallace Rd, Summit, NJ worth?

The TopHap Estimate for 45 Wallace Rd, Summit, NJ is $1,262,634 as of Aug 30, 2026. The likely range is $1,130,654 to $1,394,614. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 45 Wallace Rd, Summit, NJ last sell?

45 Wallace Rd, Summit, NJ last sold on Jan 29, 2007 for $750,000, according to the county's recorded deed.

How big is 45 Wallace Rd, Summit, NJ?

45 Wallace Rd, Summit, NJ has 2,335 square feet of living space and a 0.34-acre lot.

When was 45 Wallace Rd, Summit, NJ built?

45 Wallace Rd, Summit, NJ was built in 1961, making it 65 years old. The building has 1 story.

What schools serve 45 Wallace Rd, Summit, NJ?

45 Wallace Rd, Summit, NJ is assigned to Washington Elementary School (elementary), rated A-; Summit High School (high), rated A+; Lawton C. Johnson Summit Middle School (middle), rated A-. All sit in Summit City School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 45 Wallace Rd, Summit, NJ compare to other homes in Summit 07901?

Among the 6,689 homes in Summit 07901, it is worth more than 46% of them ($1,262,634 against a typical $1,344,981), its price per square foot is higher than 28% of them ($541 against a typical $624), it is bigger than 53% of them (2,335 ft² against a typical 2,278 ft²), its lot is bigger than 57% of them (0.34 ac against a typical 0.29 ac) and it is newer than 78% of them (1961 against a typical 1951). Measured against all of Union County, it is worth more than 91% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 45 Wallace Rd, Summit, NJ?

The 2025 property tax bill for 45 Wallace Rd, Summit, NJ was $14,012. The county assessed it at $313,400.

More homes on Wallace Rd

Closest homes

More homes in Summit 07901

Assigned schools

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