House Prices

Washington Area Summit, NJ House Prices & Home Values 2026


Average Data

average house price$695,758
average size per house1986 ft²
average price per ft²359 $ / ft²

05/21/2026 - The value range (VR) for house prices in Washington Area Summit, NJ is $341.05/ sqft to $376.95/ sqft. An average home with 1986 sqft costs approximately $692,227 to $765,093. Summit, NJ includes 1 ZIP codes and it is located in Union county. The lowest prices are found in ZIP 07901, while the highest are in ZIP 07901. The average price per sqare feet is $359. Our analysis is based on 5 property listings.

Avergage prices by ZIP codes Washington Area Summit

07901457 $ / ft²




Historical development of home values in Washington Area Summit

Year Estimated value (USD) Change vs. 2025
2010 $323,123 -53.6%
2011 $310,627 -55.4%
2012 $309,791 -55.5%
2013 $321,370 -53.8%
2014 $337,350 -51.5%
2015 $354,664 -49.0%
2016 $373,173 -46.4%
2017 $393,315 -43.5%
2018 $415,059 -40.3%
2019 $434,305 -37.6%
2020 $456,756 -34.4%
2021 $519,511 -25.3%
2022 $605,633 -13.0%
2023 $638,668 -8.2%
2024 $675,616 -2.9%
2025 $695,758 0.0%

Graph: estimated home values in Washington Area Summit over time (USD)



Example: 100% financing house in Washington Area Summit

Loan amount: $695,758

Interest rate: 6.13%

Fixed monthly payment: $4,230.65

Breakdown in the 1st month:
Interest portion: $3,555.32  –  Principal portion: $675.33

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $42,432.20 $8,335.59 $687,422.41
2 $41,906.44 $8,861.34 $678,561.07
3 $41,347.53 $9,420.26 $669,140.81
4 $40,753.37 $10,014.42 $659,126.39
5 $40,121.73 $10,646.06 $648,480.33
6 $39,450.25 $11,317.54 $637,162.79
7 $38,736.41 $12,031.37 $625,131.42
8 $37,977.56 $12,790.23 $612,341.19
9 $37,170.84 $13,596.95 $598,744.24
10 $36,313.24 $14,454.55 $584,289.69
11 $35,401.54 $15,366.24 $568,923.45
12 $34,432.35 $16,335.44 $552,588.01
13 $33,402.02 $17,365.77 $535,222.24
14 $32,306.71 $18,461.08 $516,761.16
15 $31,142.31 $19,625.48 $497,135.68
16 $29,904.47 $20,863.32 $476,272.37
17 $28,588.56 $22,179.23 $454,093.14
18 $27,189.65 $23,578.14 $430,515.00
19 $25,702.50 $25,065.29 $405,449.71
20 $24,121.55 $26,646.23 $378,803.47
21 $22,440.89 $28,326.89 $350,476.58
22 $20,654.23 $30,113.56 $320,363.02
23 $18,754.87 $32,012.91 $288,350.11
24 $16,735.72 $34,032.07 $254,318.04
25 $14,589.21 $36,178.58 $218,139.46
26 $12,307.32 $38,460.47 $179,678.99
27 $9,881.50 $40,886.29 $138,792.70
28 $7,302.67 $43,465.12 $95,327.58
29 $4,561.19 $46,206.60 $49,120.99
30 $1,646.80 $49,120.99 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Washington Area Summit, NJ


1500 sqft3900 sqft
Ø selling price$665,920$1,416,594
Ø fast selling$605,382$1,274,934
Ø high price sale$726,459$1,558,253

In 2026, houses in Washington Area Summit, NJ will be offered at an average price of $359 per square foot. A 1,500 sqft home priced at $665,920 is 23.51% more expensive per square foot than a 3,900 sqft home priced at $1,416,594. Home prices in Washington Area Summit, NJ vary significantly depending on the property’s condition and exact location. For a quick sale, a 2,700 sqft home should be listed at around $980,719. Sellers who can wait longer may achieve a higher price of up to $1,198,656.

FAQ – Home Values in Washington Area Summit

What is the median home value in Washington Area Summit in 2026?

In 2026, the typical home value in Washington Area Summit is about $695,758 for an average home size of 1986 square feet. This corresponds to an average price of roughly $359 per square foot.

What is the average cost per square foot in Washington Area Summit?

In 2026, homes in Washington Area Summit sell for an average of around $359 per square foot, with a typical range between $341.05 and $376.95 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Washington Area?

The average home size in Washington Area Summit is about 1986 square feet, with an estimated 2026 value around $695,758.



Neighborhoods close to Washington Area Summit, NJ

Spring Ridge Basking Ridge, NJ271 $ / ft²
Pluckemin Bedminster, NJ259 $ / ft²
Peppertown Berkeley Heights, NJ262 $ / ft²
Brass Castle Washington, NJ200 $ / ft²
Succasunna Hills Succasunna, NJ255 $ / ft²
Lake Mohawk Sparta, NJ192 $ / ft²
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