Summit, Summit, NJ
Summit — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Summit, Summit, New Jersey. Explore the cited sources and local facts below while agent underwriting continues.
Last verified:
Summit Neighborhood Overview
Summit is a distinguished suburban city in Union County, New Jersey, known for its picturesque downtown and affluent residential character. The community offers a blend of historic charm and modern convenience, centered around a vibrant main street. It provides residents with a high quality of life just 20 miles from Manhattan.
Lifestyle & Amenities
The heart of the city is its walkable downtown, filled with boutique shops, diverse restaurants, and cultural venues like The Summit Playhouse. Residents enjoy access to numerous parks, including the expansive Reeves-Reed Arboretum, and a highly active community center. This combination fosters a strong sense of community with a calendar full of local events.
Real Estate Market
The Summit real estate market is robust, with a median home value of $904,500, reflecting its desirability and premium location. The homeownership rate is 68%, indicating a stable community of owners alongside a rental market where the median rent is $2,146 per month. Housing stock includes a mix of historic Colonial and Tudor-style homes alongside newer constructions.
Schools & Education
Summit is renowned for its top-rated public school system, which is a major draw for families moving to the area. The district consistently receives high marks for academic excellence and offers a wide range of extracurricular programs. Several well-regarded private schools are also located within and near the city.
Transportation & Connectivity
Summit offers excellent connectivity, primarily through its NJ Transit rail station providing direct Midtown Direct service to New York Penn Station in under an hour. Major roadways like Interstate 78 and the Garden State Parkway are easily accessible for regional travel. Local bus services and a walkable downtown core further enhance mobility within the city.
Why Choose Summit
Families and professionals choose Summit for its exceptional public schools, upscale downtown, and easy commute to New York City. The community boasts a high median household income of $170,275 and a premium housing market, underlining its status as a sought-after address. It successfully combines suburban tranquility with urban amenities and a strong, engaged community spirit.
Summit Market Data
| Metric | Value |
|---|---|
| Median Home Price | $905K |
| Median Gross Rent | $2K/mo |
| Median Household Income | $170K |
| Homeownership Rate | 67.8% |
| Renter-Occupied | 32.2% |
| Rental Vacancy Rate | 2.6% |
| Market Type | Seller's |
| Market Tier | Elite |
| Primary ZIP Code | 07901 |
Top Real Estate Agents in Summit, Summit
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Summit, Summit, NJ. Explore the available cited neighborhood data on this page.
Agent selection follows our published merit criteria. Do not infer or fabricate agent names.
Data Provenance
- State Licensing: New Jersey Real Estate Commission (NJREC) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-10