Murray Hill
Data as of February 2026. Source: Realtor.com.
The SUMMIT, NJ real estate market (07901) currently shows 28 active listings, with 17 pending sales. Homes are averaging 18 days on the market before going under contract.
Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 18 days on market compared to 56 days last year.
The median listing price has risen 3.6% year-over-year, from $1,382,000 to $1,431,250.
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.
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 | 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 February 2026, there are 28 active listings in SUMMIT, NJ (zip code 07901), compared to 34 the prior year.
The median listing price in SUMMIT, NJ 07901 is $1,431,250 as of February 2026, a 3.6% increase from $1,382,000 the prior year.
Homes in SUMMIT, NJ 07901 spend an average of 18 days on the market before going under contract, compared to 56 days the prior year.
Based on current inventory and days-on-market data as of February 2026, SUMMIT, NJ 07901 is currently a Seller's Market. Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 18 days on market compared to 56 days last year.
With SELL123.com's maximum 3% commission, sellers in SUMMIT, NJ 07901 save an estimated $28,625 compared to a typical 5% commission on the median listing price of $1,431,250. 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.