40 Prospect Hill Ave, Summit, NJ 07901 Property Records

Union County and Summit City property record for 40 Prospect Hill Ave, Summit, NJ 07901 · Last verified July 2026

Property Summary

Property Type	Single Family Home
Details	5,880 sqft · built 1925
Lot Size	1.13 acres (49,602 sqft)
Owner	Company Name on File
Last Sale	$6,500,000 (Dec 2023)
Tax Bill	$65,500 (2025)
Deeds & Mortgages	Dec 2023 Sale
Flood Zone	Zone X (minimal risk)
APN	`18-03502-0000-00016`

Property Details

APN / Parcel Number

Primary APN	`18-03502-0000-00016`
Alternative APNs	`1800184000000001` `180350200016`

Interior

Stories	2 Stories
Building Area	5,880 sqft Living Area

Exterior

Year Built	Built 1925
Effective Year Built	Effective 1925
Exterior Material	Brick
Construction Type	Frame
Lot Area	49,602 sqft
Lot Dimensions	248 ft deep x 200 ft wide
Garage Type	Attached

Location & Zoning

Old Parcel Number	1800184000000001
Street Address	40 PROSPECT HILL AVE
City	SUMMIT
State	NJ
Zip	07901-3740
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Block	3502
Legal Lot Number	16
Jurisdiction	UNION NJ
Township / Civil Division	SUMMIT
Census Block Group	2
Census Block	2015
Census Tract	37700

Owner

Source: Union County and Summit City records · APN 18-03502-0000-00016

Assessment roll updated July 8, 2026 · Last verified July 2026

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

Owner of Record	Company Name on File
Mailing Address	57 PROSPECT HILL AVE, SUMMIT, NJ 07901-3705
Owner Type	Company
Vesting	Limited Liability Company

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Verified Name on Deed
Last Sale	Dec 28, 2023 · Amount on Record
Deed Sale	Dec 28, 2023 · Amount on Record
Prior Sale	Aug 22, 2000 · Amount on Record
Deed Document Number	202334737
Deed Book / Page	6532 / 2826
Prior Transfer Date	Dec 11, 2013
Prior Transfer Doc	0059860680
Record Updated	Sep 20, 2026

December 2023: Deed, Transfer

Document Type	Deed
Jurisdiction	UNION NJ
Recording Date	Dec 28, 2023
Property Address	40 PROSPECT HILL AVE, SUMMIT, NJ 07901-3740
Document Number	0065322826
Book / Page	6532 / 2826
Instrument Date	Dec 20, 2023
Instrument	34737
Transaction Type	Transfer
Record Updated	Jan 15, 2024
Title Company	GREEN HILL TITLE, GREEN HILL TITLE LLC

Transaction

Amount	Amount Recorded
Tax	$0.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	1 EUCLID AVE # AVE6B, AVE6B, SUMMIT, NJ 07901-2142

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	57 PROSPECT HILL AVE, SUMMIT, NJ 07901-3705

Tax Assessment & Valuation

Source: Union County and Summit City records · Assessment roll updated July 8, 2026 · Last verified July 2026

Property Jurisdictions

Type	Name
State	New Jersey
County	Union County
Municipality	Summit City
Unified School District	Summit City School District (KG - 12)

Tax Bill & Assessment History

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Year	Tax Bill	Assessed Value	Assessed Market Value
2026		$2,340,300 (+59.75%) Land $621,700 Building $1,718,600	$2,340,300 (+59.75%) Land $621,700 Building $1,718,600
2025	$65,500.00 (+2.64%)	$1,465,000 (-) Land $621,700 Building $843,300	$1,465,000 (-) Land $621,700 Building $843,300
2024	$63,815.00 (+1.71%)
2023		$1,465,000 (-) Land $621,700 Building $843,300	$1,465,000 (-) Land $621,700 Building $843,300
2022	$62,745.00 (-0.79%)	$1,465,000 Land $621,700 Building $843,300	$1,465,000 Land $621,700 Building $843,300
2021	$63,244.00

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, Union County (34039C), updated September 24, 2020 · FEMA OpenFEMA NFIP redacted claims and policies, census block group 340390377002, refreshed September 2026 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026

Flood

FEMA Flood Zone	Zone X
Special Flood Hazard Area	No
Flood Hazard	Minimal
500-Year Floodplain	No
Nearby Flood Policies	4 in force
Nearby Flood Claims	7 (1978–2021)
Claims Outside the SFHA	4 of 7
Most Recent Claim	Sep 2021, rainfall accumulation, Remnants Of Hurricane Ida
Claims By Storm	Severe Storms And Flooding, Mar 2010 · 2 claims

Wildfire

Wildfire Risk	Low above 5% of the US · above 12% of New Jersey
Wildfire Likelihood	Less than 1 in 10,000 per year
Exposure	Direct burnable vegetation at the parcel

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Internet Providers

Source: FCC Broadband Data Collection, availability as of December 31, 2025 · Published October 2026 · based on 528 locations within about half a mile of this property

Provider	Technology	Download / Upload (Mbps)
Xfinity	Cable	2,000 / 250
Verizon	Fiber	980 / 880

May also be available at this address: Verizon. Availability varies by address; speeds are provider-advertised maximums, not measured.

Mobile Coverage

5G and 4G LTE

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