Murray Hill
Data as of June 2026. Source: Realtor.com.
The SUMMIT, NJ real estate market (07901) currently shows 55 active listings, with 29 pending sales. Homes are averaging 28 days on the market before going under contract.
Inventory has tightened compared to last year, with 26 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 28 days on market compared to 32 days last year.
The median listing price has fallen 9.1% year-over-year, from $1,683,750 to $1,531,250.
Whether you are buying or selling in SUMMIT, NJ, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 24,281 · Density: 1,480.4/mi² · Median household income: $170,275
Typical home value: $905,960 · Homeownership: 67.8%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 07901 | Summit, NJ 07901 | 0.0 mi | 28 | $45,032,848 | $1,431,250 | $1,608,316 |
| 07092 | Mountainside, NJ 07092 | 2.3 mi | 11 | $12,723,337 | $1,075,500 | $1,156,667 |
| 07928 | Chatham, NJ 07928 | 2.6 mi | 39 | $84,926,205 | $1,916,000 | $2,177,595 |
| 07041 | Millburn, NJ 07041 | 3.5 mi | 17 | $25,779,106 | $1,583,750 | $1,516,418 |
| 07922 | Berkeley Heights, NJ 07922 | 4.2 mi | 18 | $21,698,298 | $1,152,750 | $1,205,461 |
| 07090 | Westfield, NJ 07090 | 4.5 mi | 43 | $63,194,477 | $1,274,470 | $1,469,639 |
| 07033 | Kenilworth, NJ 07033 | 4.8 mi | 16 | $11,830,576 | $724,500 | $739,411 |
| 07027 | Garwood, NJ 07027 | 4.9 mi | 8 | $6,973,168 | $773,875 | $871,646 |
| 07023 | Fanwood, NJ 07023 | 5.1 mi | 15 | $11,782,410 | $738,700 | $785,494 |
| 07083 | Union, NJ 07083 | 5.3 mi | 96 | $56,033,760 | $586,250 | $583,685 |
| 07933 | Gillette, NJ 07933 | 5.5 mi | 5 | $3,947,835 | $508,750 | $789,567 |
| 07976 | New Vernon, NJ 07976 | 5.9 mi | 3 | $16,466,250 | $5,813,250 | $5,488,750 |
| 07062 | Plainfield, NJ 07062 | 6.1 mi | 30 | $14,979,600 | $489,300 | $499,320 |
As of June 2026, there are 55 active listings in SUMMIT, NJ (zip code 07901), compared to 81 the prior year.
The median listing price in SUMMIT, NJ 07901 is $1,531,250 as of June 2026, a 9.1% decrease from $1,683,750 the prior year.
Homes in SUMMIT, NJ 07901 spend an average of 28 days on the market before going under contract, compared to 32 days the prior year.
Based on current inventory and days-on-market data as of June 2026, SUMMIT, NJ 07901 is currently a Seller's Market. Inventory has tightened compared to last year, with 26 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 28 days on market compared to 32 days last year.
With SELL123.com's maximum 3% commission, sellers in SUMMIT, NJ 07901 save an estimated $30,625 compared to a typical 5% commission on the median listing price of $1,531,250. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.