Summit, NJ Land Lot for Sale

/20
$8,500,000
- Land
- 1.94 Acres
- $4,381,443 per Acre
55 River Rd, Chatham, NJ 07928

CHATHAM BOROUGH 7 LOTS ALL CONTIGUOUS FOR 2 ACRES, TOTAL "DESIGNATED REDEVELOPMENT AREA". CHATHAMS 202 AFFORDABLE HOUSE PROGRAM. INCLUDED IN CHATHAMS 3RD ROUND AFFORDABLE HOUSING PLAN. MINIMUM OF 67 UNITS. HAS ZONING OVERLAY. THIRD ROUND 25-2030 OF 181 UNITS. BUYER TO VERIFY WITH TOWN.

Jeff Smith COLDWELL BANKER REALTY

55 River Rd, Chatham, NJ 07928
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New Jersey Union County Summit

Home Trends in Summit, NJ

On average, homes in Summit, NJ sell after 21 days on the market compared to the national average of 53 days. The median sale price for homes in Summit, NJ over the last 12 months is $1,485,000, up 18% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$1,485,000

Median Single Family Sale Price

$1,700,000

Median Townhouse Sale Price

$840,000

Average Price Per Sq Ft

$784

Number of Homes for Sale

Last 12 months Home Sales

259

Months of Supply

0.50

Median List Price

$1,500,000

Median Change From 1st List Price

Median Home Sale Price YoY Change

18%

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