Population: 24,281 · Density: 1,480.4/mi² · Median household income: $170,275
Typical home value: $905,960 · Homeownership: 67.8%
Data as of January 2026. Source: Realtor.com.
The SUMMIT, NJ real estate market (07901) currently shows 19 active listings, with 8 pending sales. Homes are averaging 62 days on the market before going under contract.
Inventory has tightened compared to last year, with 12 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 62 days on market compared to 55 days last year.
The median listing price has fallen 6.3% year-over-year, from $1,387,000 to $1,300,000.
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 07901 | Summit, NJ 07901 | 0.0 mi | 19 | $34,791,185 | $1,300,000 | $1,831,115 |
| 07092 | Mountainside, NJ 07092 | 2.3 mi | 10 | $10,106,040 | $999,000 | $1,010,604 |
| 07928 | Chatham, NJ 07928 | 2.6 mi | 22 | $45,096,348 | $1,895,000 | $2,049,834 |
| 07041 | Millburn, NJ 07041 | 3.5 mi | 9 | $9,526,500 | $1,200,000 | $1,058,500 |
| 07922 | Berkeley Heights, NJ 07922 | 4.2 mi | 19 | $18,317,159 | $787,500 | $964,061 |
| 07090 | Westfield, NJ 07090 | 4.5 mi | 31 | $39,987,954 | $1,223,940 | $1,289,934 |
| 07033 | Kenilworth, NJ 07033 | 4.8 mi | 17 | $11,400,659 | $649,999 | $670,627 |
| 07027 | Garwood, NJ 07027 | 4.9 mi | 10 | $8,349,750 | $784,950 | $834,975 |
| 07023 | Fanwood, NJ 07023 | 5.1 mi | 12 | $9,599,868 | $749,000 | $799,989 |
| 07083 | Union, NJ 07083 | 5.3 mi | 89 | $52,677,231 | $572,500 | $591,879 |
| 07933 | Gillette, NJ 07933 | 5.5 mi | 9 | $6,587,775 | $599,900 | $731,975 |
| 07976 | New Vernon, NJ 07976 | 5.9 mi | 2 | $14,976,000 | $7,488,000 | $7,488,000 |
| 07062 | Plainfield, NJ 07062 | 6.1 mi | 34 | $16,997,076 | $483,000 | $499,914 |
As of January 2026, there are 19 active listings in SUMMIT, NJ (zip code 07901), compared to 31 the prior year.
The median listing price in SUMMIT, NJ 07901 is $1,300,000 as of January 2026, a 6.3% decrease from $1,387,000 the prior year.
Homes in SUMMIT, NJ 07901 spend an average of 62 days on the market before going under contract, compared to 55 days the prior year.
Based on current inventory and days-on-market data as of January 2026, SUMMIT, NJ 07901 is currently a Balanced Market. Inventory has tightened compared to last year, with 12 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 62 days on market compared to 55 days last year.
With SELL123.com's maximum 3% commission, sellers in SUMMIT, NJ 07901 save an estimated $26,000 compared to a typical 5% commission on the median listing price of $1,300,000. 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.