Summit

About Summit

Summit is a city in Union County, New Jersey, United States. The city is located on a ridge in northern-central New Jersey, within the Raritan Valley and Rahway Valley regions in the New York metropolitan area. It is bordered to the northeast by Millburn in Essex County, to the northwest by Chatham and Chatham Township, both in Morris County, to the west by New Providence, to the southwest by Berkeley Heights, to the south by Mountainside and to the southeast by Springfield Township. Summit had the 16th-highest per capita income in the state as of the 2000 Census. According to Bloomberg, Summit ranked as the 70th highest-income place in the United States in 2017, 72nd in 2018 (with an average household income of $220,971), and 65th in 2019. Summit has consistently ranked high in NJMonthly's biennial Top 100 Towns. In 2019, Summit was ran

Summit is a city in Union County, New Jersey, United States. The city is located on a ridge in northern-central New Jersey, within the Raritan Valley and Rahway Valley regions in the New York metropolitan area. It is bordered to the northeast by Millburn in Essex County, to the northwest by Chatham and Chatham Township, both in Morris County, to the west by New Providence, to the southwest by Berkeley Heights, to the south by Mountainside and to the southeast by Springfield Township.

Summit had the 16th-highest per capita income in the state as of the 2000 Census. According to Bloomberg, Summit ranked as the 70th highest-income place in the United States in 2017, 72nd in 2018 (with an average household income of $220,971), and 65th in 2019. Summit has consistently ranked high in NJMonthly's biennial Top 100 Towns. In 2019, Summit was ranked the second best place to live. The city has long been popular with traders, investment bankers, and money managers, with nearly 20% of Summit's residents working in finance and real estate. One report said that Manhattan's financial elite prefers living in Summit because of large houses, great schools, and NJ Transit's rail link to Manhattan's financial district.

Summit is widely known for its excellent school system. Students in pre-kindergarten through twelfth grade are educated by the Summit Public Schools.

source: wikipedia.org

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Median Age
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Median Area Income
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Median Sale Price
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The Commute

Travel Methods

To City Center

Summit Sales Data

Residential Sales
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Percentage change from latest quarter vs same time period previous year

Median Sale Price
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Data compiled using 4th quarter 2020 data vs. same period from 2019

Median Sales Price

Q4 2020
MEDIAN SALES PRICE
$822.5k
- 0%
From Q3 2020
Arrow
$813.7k
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$787.3k
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$887.0k
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Demographics

Population by Age Level. Median Age 41.8. Households: 7,837.

In Thousand of Dollars. (Median Income: $138,855)

Population by Education Level

Fair Market Rents

Summit Schools & Education

Public & Private Institutions Of Learning

Education in the United States is provided by public, private and home schools. State governments set overall educational standards, often mandate standardized tests for K–12 public school systems and supervise, usually through a board of regents, state colleges, and universities. Discover the K12-powered public or private school that is best suited for your child's needs in the area.

Avg School Rating
4.9/5
Publically Funded
9
Catholic / Religious
2
Private / Charter
7

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