CITY INFORMATION FOR SUMMIT NJ 07901

Summit, New Jersey, located in Union County, is a picturesque suburban city known for its charming neighborhoods, thriving downtown area, and family-friendly community. With a population of 22,344, Summit ranks as the 122nd most populated city among New Jersey's 564 municipalities, according to recent U.S. Census data. In 2023, Summit households had an impressive median income of $199,107, reflecting the city's affluent and prosperous character. The median age of Summit residents is 40.6 years young, highlighting its appeal to professionals, families, and individuals seeking a vibrant yet tranquil suburban lifestyle.

REAL ESTATE GROWTH

Summit NJ continues to demonstrate significant real estate growth, reflected by its high average home value of $1,201,190. Housing options in Summit include luxurious single-family homes, elegant townhouses, and well-appointed condominiums, many located within walking distance to downtown, schools, and parks. Summit’s reputation for excellent schools, safe neighborhoods, and convenient commuting options has consistently driven demand for properties, making it a highly attractive market for both buyers and investors. Whether you're planning to buy a home in Summit NJ or preparing to sell property in Summit NJ, the city’s robust market conditions provide promising opportunities for profitable real estate transactions.