Murray Hill
Data as of March 2026. Source: Realtor.com.
The SUMMIT, NJ real estate market (07901) currently shows 37 active listings, with 18 pending sales. Homes are averaging 17 days on the market before going under contract.
Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 17 days on market compared to 26 days last year.
The median listing price has risen 6.3% year-over-year, from $1,382,000 to $1,468,750.
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 March 2026, there are 37 active listings in SUMMIT, NJ (zip code 07901), compared to 42 the prior year.
The median listing price in SUMMIT, NJ 07901 is $1,468,750 as of March 2026, a 6.3% increase from $1,382,000 the prior year.
Homes in SUMMIT, NJ 07901 spend an average of 17 days on the market before going under contract, compared to 26 days the prior year.
Based on current inventory and days-on-market data as of March 2026, SUMMIT, NJ 07901 is currently a Seller's Market. Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 17 days on market compared to 26 days last year.
With SELL123.com's maximum 3% commission, sellers in SUMMIT, NJ 07901 save an estimated $29,375 compared to a typical 5% commission on the median listing price of $1,468,750. 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.