Skip to content
Skip to content
TopHapOpen in map
Single Family ResidenceResidential
$673,409$557 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 86How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026
Last sold for $100,000 on Jun 20, 1985

40 RUSSELL PL

SUMMIT, NJ 07901
0
Baths
1,208 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.14 ac
Lot SizeThe size of the land the home sits on, from county records.
1913
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.

Valuation

$673K
$577K low$769K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$100,000 · Jun 20, 1985
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$298,409
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$238,727
Loan-to-ValueHow much is still owed on the home compared to what it is worth. 80% means loans equal 80% of our estimate, so it shifts when the estimate does.50%
1st MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$275,000
COUNTRYWIDE BANK · recorded May 14, 2008
2nd MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$100,000
JPMORGAN CHASE BANK NA

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$7,467 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$167,000 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$96,300
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$70,700
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$167,000
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$167,000

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.26 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
StyleThe architectural style of the home, such as ranch or colonial.Cape Cod
CountyUNION
Lot (acres)The size of the land the home sits on, from county records.0.14
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
PoolWhether the property has a pool, and what kind, such as in-ground.No

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Jefferson Elementary SchoolA-
Elementary · Grades 1–5 · 0.3 mi
M
Lawton C. Johnson Summit Middle SchoolA-
Middle · Grades 6–8 · 0.6 mi
H
Summit High SchoolA+
High · Grades 9–12 · 1.4 mi

District: Summit City School District

Neighborhood · ZIP 07901These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.55
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.95
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.110

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.95%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.34%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.4.5%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.6%
PopulationHow many people live in this area.24,077
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.3,885 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$187,703
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$262,118
Average tempThe average temperature here across a full year.51°F
Annual precipHow much rain and melted snow falls here in a typical year.51 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.56%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Owner occupied
Company ownedWhether the owner is a company or trust rather than a person.No

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

40 Russell Pl measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 92% of homes in Summit 07901
  • Costs more per square foot than 87% of homes in Union County
  • Smaller than 91% of homes in Summit 07901
  • Has a smaller lot than 90% of homes in Summit 07901
  • Older than 91% of homes in Union County

What homes are worth in Summit 07901

Each bar is how many homes fall in that price range. The marker is this home.

This home
$490K$4.3M

This home is worth more than 8% of homes in Summit 07901.

How it measures up in Summit 07901

The dot is this home. The mark in the middle is the typical home in Summit 07901.

Estimated value$673,409
CheaperTypical $1,427,083Pricier

Pricier than 8% of homes nearby

Price per ft²$557
CheaperTypical $637Pricier

Pricier than 30% of homes nearby

Living area1,208 ft²
SmallerTypical 2,281 ft²Bigger

Bigger than 9% of homes nearby

Lot size0.14 ac
SmallerTypical 0.29 acBigger

Bigger than 10% of homes nearby

Year built1913
OlderTypical 1951Newer

Newer than 13% of homes nearby

How 40 Russell Pl ranks against every home in each area.
MeasureThis homeSummit 07901Union County
Estimated valuepricier than$673,4098% of homes56% of homes
Price per ft²pricier than$55730% of homes87% of homes
Living areabigger than1,208 ft²9% of homes18% of homes
Lot sizebigger than0.14 ac10% of homes44% of homes
Year builtnewer than191313% of homes9% of homes

About 40 Russell Pl

How much is 40 Russell Pl, Summit, NJ worth?

The TopHap Estimate for 40 Russell Pl, Summit, NJ is $673,409 as of Jul 14, 2026. The likely range is $577,349 to $769,469. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 40 Russell Pl, Summit, NJ last sell?

40 Russell Pl, Summit, NJ last sold on Jun 20, 1985 for $100,000, according to the county's recorded deed.

How big is 40 Russell Pl, Summit, NJ?

40 Russell Pl, Summit, NJ has 1,208 square feet of living space and a 0.14-acre lot.

When was 40 Russell Pl, Summit, NJ built?

40 Russell Pl, Summit, NJ was built in 1913, making it 113 years old. It is a cape cod home. The building has 2 stories.

What schools serve 40 Russell Pl, Summit, NJ?

40 Russell Pl, Summit, NJ is assigned to Jefferson Elementary School (elementary), rated A-; Lawton C. Johnson Summit Middle School (middle), rated A-; Summit High School (high), rated A+. All sit in Summit City School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 40 Russell Pl, Summit, NJ compare to other homes in Summit 07901?

Among the 6,689 homes in Summit 07901, it is worth more than 8% of them ($673,409 against a typical $1,427,083), its price per square foot is higher than 30% of them ($557 against a typical $637), it is bigger than 9% of them (1,208 ft² against a typical 2,281 ft²), its lot is bigger than 10% of them (0.14 ac against a typical 0.29 ac) and it is newer than 13% of them (1913 against a typical 1951). Measured against all of Union County, it is worth more than 56% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 40 Russell Pl, Summit, NJ?

The 2025 property tax bill for 40 Russell Pl, Summit, NJ was $7,467. The county assessed it at $167,000.

More homes on Russell Pl

Closest homes

More homes in Summit 07901

Assigned schools

Explore the area

See this home in context

Open 40 Russell Pl on TopHap’s interactive map to compare it against every sale nearby, overlay school zones and flood risk, and run a CMA.

Open in map
A flyover of TopHap's photorealistic 3D map, with recorded sale prices pinned to homes
Search any address, city, zip, or county…3D$1.9M$6.25MOpen in map