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Sold on 01/16/2007
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116 Colt Rd, Summit, NJ 07901

$2,662,000

Last sold 01/16/2007 for $1.26M

  • —

    bed

  • —

    bath

  • 3,017

    Sqft ($418/Sqft)

House not for sale
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About 116 Colt Rd

Property type House
Neighborhood
Year built 1967
HOA fee $0/month
Lot size 0.42 Acre
Movoto estimate
Rental estimate
Property description
This single-family home is located at 116 Colt Rd, Summit, NJ, 07901, in the Summit neighborhood in Union County and was built in 1967. This home offers 3,017 square feet of living space on a 18,295 sq ft lot. The estimated market value is $2,662,000, approximately $882 per square foot.
$2.66M
Range: $1.86M-$3.46M
Last 30 days 
Rental est.: $2,437/month
Gross rent multiplier: 43.1
  • — Off Market
    —
  • Jan 2007
    Public Records
  • Jan 16, 2007 Sold
    $1,260,000 (+39.2%)
  • May 2002
    Public Records
  • May 2, 2002 Sold
    $905,000
  • Year Property taxes Tax assessment
  • 2023
    $26,711 +1.0%
    $617,300
  • 2022
    $26,439 -0.8%
    $617,300
  • 2021
    $26,649 -1.0%
    $617,300
  • 2020
    $26,914 -0.1%
    $617,300
  • 2019
    $26,945 +0.6%
    $617,300
  • 2018
    $26,772 -0.6%
    $617,300
  • 2017
    $26,945 +1.5%
    $617,300
  • 2016
    $26,550 +2.0%
    $617,300
  • 2015
    $26,032 +2.7%
    $617,300
  • 2014
    $25,359
    —
  • 116 Colt Rd
    $1.26M
  • Summit
    $725K
  • 07901
    $1.33M -9% y/y
  • Summit
    $1.25M -9% y/y
No chart available
Statistics calculated by Movoto
Est. value Bed/bath Sqft mi
112 Colt Rd, Summit, NJ 07901 $2,334,000 —/— 2,784 0.02
117 Colt Rd, Summit, NJ 07901 $2,439,000 4/— 3,284 0.04
283 Ashland Rd, Summit, NJ 07901 $1,696,000 —/— 733 0.04
288 Ashland Rd, Summit, NJ 07901 $2,258,000 6/— 3,474 0.04
284 Ashland Rd, Summit, NJ 07901 $2,345,000 —/— 3,789 0.04
108 Colt Rd, Summit, NJ 07901 $2,532,000 5/— 3,399 0.04
111 Colt Rd, Summit, NJ 07901 $2,327,000 4/— 2,876 0.04
3 Rotary Dr, Summit, NJ 07901 $2,035,000 —/— 1,444 0.05

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.

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7/10
L C Johnson Summit Middle School
public Grades 6-8
Summit Public School District
7/10
Summit Sr High School
public Grades 9-12
Summit Public School District
Source: GreatSchools.org © 2026. All rights reserved.

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