OFF MARKET
42 Colt Rd, Summit, NJ 07901
Off Market Dec 2017 for $1.5M
$4,028,009
Est. refi paymentEst. refi $12,589/mo
—
bd
•
— ba
•
5,396
sq ft

42 Colt Rd, Summit, NJ 07901

map-entry

About this home

42 Colt Rd is a 5,396 square foot house on a 0.51 acre lot. - it last sold on December 27, 2017 for $1,500,000. Based on Redfin's Summit data, we estimate the home's value is $4,028,009.
Single-familyProperty Type
2018Year Built
0.51 acresLot Size
$746Est. Price/Sq.Ft.
Listed by WINIFRED CAVAZINI • LOIS SCHNEIDER REALTOR
Listed by ROSEMARY M DANGLER
Bought with JANE SCHELLING • COLDWELL BANKER REALTY
Source:GSMLS #3349568
Listing provided courtesy of Garden State MLS (GSMLS)

Redfin Estimate

$4,028,009
$2.5M since sold in December 2017$168K since July

This home's estimate is 29.3% higher than the average sale price ($3.11M) of 6 comparable homes.

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Earn from this home

Sell
$2,810,717
Est. take-home

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Refinance
$0
Est. cash available

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Rent
$4,577/mo
Redfin rental estimate

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Market trends in 07901, NJ

Last updated July 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price
111.2%

+0.4% MoM

Median sale price
$1.7M

$235K MoM

Avg. days on market
13d

0 days MoM

Recently sold homes
63

22 MoM

New listings for sale

Provided by Redfin

Sale history for 42 Colt Rd

Tax history for 42 Colt Rd

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Zoning

R-15

Single-Family Residential Zone

The purpose of the R-15 Residential Zones is to preserve the integrity of existing single-family residential areas by preventing the intrusion of nonresidential uses into residential neighborhoods and by maintaining existing development intensity and population density consistent with single-family residential neighborhood patterns. A compatible relationship between new or expanded houses and traditional neighborhood houses that reflect the best of the neighborhood character, particularly in terms of scale, siting, design features and orientation on the site is encouraged.
Permitted uses

Include but are not limited to:

  • Housing-Single unit
  • Park & open space

Property details

Around this home

Schools

Franklin Elementary School

Public 1-5 • Assigned • 0.3mi

9/10
L C Johnson Summit Middle School

Public 6-8 • Assigned • 1.0mi

8/10
Summit Senior High School

Public 9-12 • Assigned • 1.1mi

9/10
Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

5/10 Heat Factor

6 days above 101° expected this year, 12 days in 30 years

6/10 Wind Factor

27% chance of strong winds in next 30 years

4/10 Air Factor

3 unhealthy days expected this year, 5 days in 30 years

Provided by First Street

Historical weather

Summit, NJ • 07901
Average low and high temperatures (°F)
34
21
38
24
56
35
64
44
71
53
81
63
86
68
81
62
76
58
66
46
54
38
39
25
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec

Sun exposure

In this area, properties receive around 8.6 hours in June and 4.2 hours in December, placing it below the U.S. average for solar exposure.

8.6 hrs
4.2 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$3.83M – $4.63M

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Nearby similar homes

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New listings for sale in 07901-2409

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5 beds4 baths— sq ft
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Home values near 42 Colt Rd

Data from public records.

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