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Sold on 01/29/2007
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45 Wallace Rd, Summit, NJ 07901

$1,563,000

Last sold 01/29/2007 for $750K

  • —

    bed

  • —

    bath

  • 2,335

    Sqft ($321/Sqft)

House not for sale
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About 45 Wallace Rd

Property type House
Neighborhood
Year built 1961
HOA fee $0/month
Lot size 0.34 Acre
Movoto estimate
Rental estimate
Property description
This single-family home is located at 45 Wallace Rd, Summit, NJ, 07901, in the Somerville neighborhood in Union County and was built in 1961. This home offers 2,335 square feet of living space on a 14,880 sq ft lot. The estimated market value is $1,563,000, approximately $669 per square foot.
$1.56M
Range: $1.1M-$2.01M
Last 30 days 
Rental est.: $2,240/month
Gross rent multiplier: 27.9
  • — Off Market
    —
  • Jan 2007
    Public Records
  • Jan 29, 2007 Sold
    $750,000
  • Year Property taxes Tax assessment
  • 2023
    $13,561 +1.0%
    $313,400
  • 2022
    $13,423 -0.8%
    $313,400
  • 2021
    $13,529 -1.0%
    $313,400
  • 2020
    $13,664 -0.1%
    $313,400
  • 2019
    $13,680 +0.6%
    $313,400
  • 2018
    $13,592 -0.6%
    $313,400
  • 2017
    $13,680 +1.5%
    $313,400
  • 2016
    $13,479 +2.0%
    $313,400
  • 2015
    $13,216 +2.7%
    $313,400
  • 2014
    $12,874
    —
  • 45 Wallace Rd
    $750K
  • Somerville
    $299K
  • 07901
    $1.33M -9% y/y
  • Summit
    $1.47M +7% y/y
No chart available
Statistics calculated by Movoto
Est. value Bed/bath Sqft mi
49 Wallace Rd, Summit, NJ 07901 $1,465,000 —/— 2,165 0.02
58 Canoe Brook Pkwy, Summit, NJ 07901 $1,312,000 —/— 1,667 0.02
41 Wallace Rd, Summit, NJ 07901 $1,296,000 3/— 1,785 0.02
52 Canoe Brook Pkwy, Summit, NJ 07901 $1,496,000 4/— 1,596 0.03
60 Canoe Brook Pkwy, Summit, NJ 07901 $1,327,000 3/— 1,568 0.03
53 Wallace Rd, Summit, NJ 07901 $1,510,000 —/— 2,134 0.04
50 Canoe Brook Pkwy, Summit, NJ 07901 $1,353,000 3/— 1,526 0.04
64 Canoe Brook Pkwy, Summit, NJ 07901 $1,531,000 3/— 2,984 0.04

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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