5 Prospect Hill Ave, Summit, NJ 07901 Property Records

Union County and Summit City property record for 5 Prospect Hill Ave, Summit, NJ 07901

Property Summary

Property Type	Single Family Home
Details	4,609 sqft · built 1924
Lot Size	0.668 acres (29,107 sqft)
Owner	Company Name on File
Last Sale	$2,300,000 (Oct 2020)
Tax Bill	$48,810 (2025)
Deeds & Mortgages	Jan 2019 Line of Credit Oct 2020 Sale & Mortgage
Flood Zone	Zone X (minimal risk)
APN	`18-03501-0000-00021`

Property Details

APN / Parcel Number

Primary APN	`18-03501-0000-00021`
Alternative APNs	`1800182E00001A` `180350100021`

Interior

Stories	2 Stories
Building Area	4,609 sqft Living Area

Exterior

Year Built	Built 1924
Effective Year Built	Effective 1924
Architectural Style	Cape Cod
Exterior Material	Aluminum/Vinyl
Construction Type	Frame
Lot Area	29,107 sqft (0.668 acres)
Lot Dimensions	198 ft deep x 147 ft wide

Location & Zoning

Old Parcel Number	1800182E00001A
Street Address	5 PROSPECT HILL AVE
City	SUMMIT
State	NJ
Zip	07901-3705
Property Category	Residential
Property Type	Residential > Single Family > Home
Local Zoning Code	R25
Legal Subdivision	PROSPECT HILL AVE
Legal Block	3501
Legal Lot Number	21
Jurisdiction	UNION NJ
Township / Civil Division	SUMMIT
Census Block Group	2
Census Block	2014
Census Tract	37700

Owner

5 Prospect Hill Ave is owned by a company that bought it in October 2020.

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

Owner of Record	Company Name on File
Mailing Address	5 PROSPECT HILL AVE, SUMMIT, NJ 07901-3705
Owner Type	Company

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Date	Document
Jan 30, 2019	Deed of Trust, Mortgage · Line of Credit TD BANK N
Oct 27, 2020	Deed, Transfer · Conventional Mortgage US BANK NA

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Oct 27, 2020 · Amount on File
Deed Sale	Oct 27, 2020 · Amount on File
Prior Sale	Oct 15, 1986 · Amount on File
Deed Document Number	2020329549
Deed Book / Page	6387 / 2416
Record Updated	Oct 29, 2026

January 2019: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	UNION NJ
Property Address	5 PROSPECT HILL AVE, SUMMIT, NJ 07901-3705
Transaction Type	Mortgage
Record Updated	Aug 19, 2022
Title Company	SERVICELINK

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0145292243
Date	Jan 30, 2019
Book Page	14529/2243
Instrument	668673

Lender

Name	TD BANK N
Type	Bank
Address	WILMINGTON, DE 19808

Agreement

Type	Line of Credit
Amount	Amount on Record
Term	361 Months
Due	Feb 1, 2049

Interest

Rate Type	Adjustable Rate
Change Frequency	Monthly

October 2020: Deed, Transfer

Document Type	Deed
Jurisdiction	UNION NJ
Recording Date	Oct 27, 2020
Property Address	5 PROSPECT HILL AVE, SUMMIT, NJ 07901-3705
Document Number	0063872416
Book / Page	6387 / 2416
Instrument Date	Oct 15, 2020
Instrument	329549
Transaction Type	Transfer
Record Updated	Aug 19, 2022
Title Company	ACRES LAND TITLE AGENCY LLC

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$36,515.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name
Address	29 WALDRON AVE, 29, SUMMIT, NJ 07901-2805

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	5 PROSPECT HILL AVE, SUMMIT, NJ 07901-3705

Mortgage

Document Number	0000702182
Date	Oct 27, 2020
Instrument	702182

Lender

Name	US BANK NA
Type	Bank

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	361 Months
Due	Nov 1, 2050

Interest

Rate Type	Adjustable Rate
Rate	2.5%
Type Change Date	Nov 1, 2030
Change Frequency	Annually
Min Rate At Change	2.75%
Max Rate At Change	7.5%
Index	1-Year CMT
Max Rate	7.5%

Tax Assessment & Valuation

The 2025 property tax bill for 5 Prospect Hill Ave was $48,810, up 2.6% from the year before.

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

Year	Tax Bill	Assessed Value	Assessed Market Value
2026		$1,091,700 (-) Land $480,400 Building $611,300	$1,091,700 (-) Land $480,400 Building $611,300
2025	$48,810.00 (+2.64%)	$1,091,700 Land $480,400 Building $611,300	$1,091,700 Land $480,400 Building $611,300
2024	$47,554.00
2023		$1,091,700 Land $480,400 Building $611,300	$1,091,700 Land $480,400 Building $611,300
2022	$46,757.00

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

Flood

FEMA maps place 5 Prospect Hill Ave in Zone X, an area of minimal flood risk, though there have been 7 flood claims nearby since 1978.

Source: FEMA National Flood Hazard Layer, effective September 24, 2020 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Policies	4 in force
Nearby Flood Claims	7 (1978–2021)
Claims Outside the SFHA	4 of 7
Most Recent Claim	Sep 2021 · Remnants Of Hurricane Ida
Claims by Event	Severe Storms And Flooding, Mar 2010 · 2 claims

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.

Wildfire

Wildfire risk around 5 Prospect Hill Ave is low, with less than a 0.01% annual chance of wildfire.

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

Wildfire Risk	Low lower than 96% of the US · lower than 89% of New Jersey
Wildfire Likelihood	Under 0.01% annual chance
Exposure	None beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

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

Water System	NJ AMERICAN WATER - SHORT HILLS private · serves 217,230 people · EPA ID NJ0712001
Water Source	Surface water
Last State Inspection	Nov 2022
Lead	3 ppb (2026) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	1 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 382 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Xfinity Cable	2,000 / 250
Verizon Fiber · Fixed Wireless in parts of the area	980 / 880
AT&T Fixed Wireless	100 / 20

May also be available: T-Mobile.

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