40 Park Ave, Summit, NJ 07901 Property Records

Union County and Summit City property record for 40 Park Ave, Summit, NJ 07901

Property Summary

Property TypeRetail Stores (Personal Services, Photography, Travel)
Details6,879 sqft · built 1955
Lot Size0.37 acres (16,117 sqft)
OwnerCompany Name on File
Last Sale$850,000 (Feb 2022)
Tax Bill$46,355 (2025)
Deeds & MortgagesOct 2025 Mortgage
Jul 2022 Construction Loan
+ 1 more
Flood ZoneZone X (minimal risk)
APN18-04004-0000-00001

Property Details

APN / Parcel Number

Primary APN18-04004-0000-00001
Alternative APNs
  • 1800021A00017
  • 180400400001

Interior

Stories2 Stories
Building Area6,879 sqft Total Area

Exterior

Year BuiltBuilt 1955
Effective Year BuiltEffective 1955
Exterior MaterialStucco
Lot Area16,117 sqft (0.37 acres)
Lot Dimensions90 ft deep x 168 ft wide

Location & Zoning

Old Parcel Number1800021A00017
Street Address40 PARK AVE
CitySUMMIT
StateNJ
Zip07901-3927
Property CategoryCommercial
Property TypeCommercial > Retail > Retail Stores (Personal Services, Photography, Travel)
Local Zoning CodeNB
Legal Block4004
Legal Lot Number1
JurisdictionUNION NJ
Township / Civil DivisionSUMMIT
Census Block Group2
Census Block2014
Census Tract38000

Owner

Source: Union County and Summit City assessment roll, as of July 8, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordCompany Name on File
Mailing Address20 WASHINGTON ST, S558, CRESSKILL, NJ 07626-2145
Owner TypeCompany
VestingLimited Liability Company

Deeds, Mortgages & Sale History

DateDocument
Oct 20, 2025Deed of Trust, Mortgage
SOMERSET SAVINGS BANK SLA
Jul 1, 2022Deed of Trust, Mortgage · Construction Mortgage
LAKELAND BANK
Feb 16, 2022Deed, Transfer
NOT AVAILABLE, FNTG

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleFeb 16, 2022 · Amount on Record
Deed SaleFeb 16, 2022 · Amount on Record
Deed Document Number202215020
Deed Book / Page6451 / 2973
Record UpdatedSep 20, 2026

October 2025: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionUNION NJ
Property Address40 PARK AVE, SUMMIT, NJ 07901-3927
Transaction TypeMortgage
Record UpdatedNov 4, 2025
Title CompanyEMPIRE TITLE AGENCY/AZ LLC, EMPIRE TITLE AGENCY LLC

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0157082763
DateOct 20, 2025
Book Page15708/2763
Instrument84317
Lender
NameSOMERSET SAVINGS BANK SLA
TypeBank
AddressLIVINGSTON, NJ 07039
Agreement
AmountAmount Recorded

July 2022: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionUNION NJ
Property Address40 PARK AVE, SUMMIT, NJ 07901-3927
Transaction TypeMortgage
Record UpdatedAug 19, 2022
Title CompanyCHICAGO TITLE

Transferred To (Grantee/Buyer)

NameVerified Name
Address20 WASHINGTON ST 558, 558, CRESSKILL, NJ 07626-2145

Mortgage

Document Number0152422070
DateJul 1, 2022
Book Page15242/2070
Instrument39646
Lender
NameLAKELAND BANK
TypeBank
AddressOAK RIDGE, NJ 07438
Agreement
TypeConstruction Mortgage
AmountAmount Recorded

February 2022: Deed, Transfer

Document TypeDeed
JurisdictionUNION NJ
Recording DateFeb 16, 2022
Property Address40 PARK AVE, SUMMIT, NJ 07901-3927
Document Number0064512973
Book / Page6451 / 2973
Instrument DateFeb 2, 2022
Instrument15020
Transaction TypeTransfer
Record UpdatedAug 19, 2022
Title CompanyNOT AVAILABLE, FNTG

Transaction

AmountAmount Recorded
Tax$7,835.00
Amount AccuracyFull Amount Stated
Additional
  • Arm's Length
  • Multiple Parcels

Transferred From (Grantor/Seller)

NameVerified Name
Address1819 W ELIZABETH AVE, 1819, LINDEN, NJ 07036-6328

Transferred To (Grantee/Buyer)

NameVerified Name
Address20 WASHINGTON ST # 558, 558, CRESSKILL, NJ 07626-2145

Tax Assessment & Valuation

Source: Union County and Summit City assessment roll, as of July 8, 2026

Property Jurisdictions

TypeName
StateNew Jersey
CountyUnion County
MunicipalitySummit City
Unified School DistrictSummit City School District (KG - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2026$1,036,800 (-) Land $192,000 Building $844,800$1,036,800 (-) Land $192,000 Building $844,800
2025$46,355.00 (+144.91%)$1,036,800 (+138.62%) Land $192,000 Building $844,800$1,036,800 (+138.62%) Land $192,000 Building $844,800
2024$18,927.00 (+1.71%)
2023$434,500 Land $192,000 Building $242,500$434,500 Land $192,000 Building $242,500
2022$18,609.00

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

Source: FEMA National Flood Hazard Layer, effective September 24, 2020

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskLow
lower than 99.1% of the US · lower than 97.3% of New Jersey
Wildfire LikelihoodUnder 0.01% annual chance
ExposureNone
beyond ember reach

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemNJ AMERICAN WATER - SHORT HILLS
private · serves 217,230 people · EPA ID NJ0712001
Water SourceSurface water
Last State InspectionNov 2022
Lead3 ppb (2026)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and Reporting1
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 528 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Xfinity
Cable
2,000 / 250
Verizon
Fiber · Fixed Wireless in parts of the area
980 / 880

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