Murray Hill
Data as of September 2026. Source: Realtor.com.
The SUMMIT, NJ real estate market (07901) currently shows 40 active listings, with 14 pending sales. Homes are averaging 21 days on the market before going under contract.
Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 21 days on market compared to 18 days last year.
The median listing price has fallen 0.5% year-over-year, from $1,406,500 to $1,400,000.
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 September 2026, there are 40 active listings in SUMMIT, NJ (zip code 07901), compared to 44 the prior year.
The median listing price in SUMMIT, NJ 07901 is $1,400,000 as of September 2026, a 0.5% decrease from $1,406,500 the prior year.
Homes in SUMMIT, NJ 07901 spend an average of 21 days on the market before going under contract, compared to 18 days the prior year.
Based on current inventory and days-on-market data as of September 2026, SUMMIT, NJ 07901 is currently a Balanced Market. Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 21 days on market compared to 18 days last year.
With SELL123.com's maximum 3% commission, sellers in SUMMIT, NJ 07901 save an estimated $28,000 compared to a typical 5% commission on the median listing price of $1,400,000. 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.