Summit  »  07901

306 Springfield Avenue, Summit, NJ 07901

Union
Building in 07901
3 Stories
306 Springfield Ave - Photo 1
$2,180
|
1 Bed
|
1 Bath
By BARBARA LEWIS
Welcome to 306 Springfield Avenue, a building located in Union in Summit, NJ. As a quick overview, these are the most up-to-date information we've collected about the property. There are a total of 3 floors. Finally, 306 Springfield Avenue was most recently sold on Jun 7, 1999 for $550,000. The market value for the land that the building sits on has been listed at $158,400. In addition, improvements upon the building have an added value of $240,600. In total, the total market value of the property as a whole is $399,000. According to local assessors, the total value of the building is currently valued at $399,000. Specifically, the value of the land that the property sits on has been assessed at $158,400. The building was last assessed in 2023.

Here's what we know about the features and amenities in this building. While there is no garage access for residents, you will probably be able to find a local garage to park your car at instead. We are not sure what system the building uses for cooling. Sadly, informaton related to the heating system was not disclosed. There is no porch or patio on the premise of the property. For those who love to swim, you'll want to check out community pools nearby as this particular property does not have a swimming pool. The local assessor's office has not provided us with information related to the roof cover material and the type of roof the building has.
Facts
General
Bedroom Count
0
Building Condition
unknown
Building Quality
unknown
Construction Type
Concrete block
Building Style
unknown
Exterior Walls Type
Concrete block
Interior Walls Type
unknown
Roof Shape Type
unknown
Roof Cover Type
unknown
Floor Count
3
Living Units
3
Business/Commerical Units Count
5
Floor Cover
unknown
Basement Type
unknown
Basement Area
0
Garage Type
unknown
Parking Space Count
0
Patio Type
unknown
Porch Type
unknown
Pool Type
unknown
Unit Count
Building Floor Area
Floor Area Ratios
Building
Building Type
unknown
Property Class
Commercial
Land Acres
0.106
Standard Land Use Code
Commercial (general)
County Land Use Code
unknown
Ownership
Current Owner
G B M ASSOCIATES LLC
Current Owner's Name
G B M ASSOCIATES LLC
Previous Owner
6810 PARTNERSHIP
Owner Address - City
NORTH ARLINGTON
Owner Address - State
NJ
Owner Address - ZIP Code
07031
Current Owner Is a Corporation Indicator
Yes
Neighborhood
School District Name
Summit City School District
Census Tract
037700
Census Block Code
5007
Census Group
5
Census Year
2018
Census - Combined Statistical Area - Area Code
408
Census - Combined Statistical Area - Area Name
New York-Newark, NY-NJ-CT-PA
Census - County FIPS
34039
Census - Full FIPS
340390377005007
Census - Metropolitan Division - Area Code
35084
Census - Metropolitan Division - Area Name
Newark, NJ-PA
Census - Metro Micro Statistical Area - Area Code
35620
Census - Metro Micro Statistical Area - Area Name
New York-Newark-Jersey City, NY-NJ-PA
Census - Metro Micro Statistical Area - Area Type
metropolitan
Census - Place FIPS
3471430
Census Source
US Census Bureau
Census State FIPS
34
Census Tract Code
037700
School District - Unified - Grade High
12
School District - Unified - Grade Low
PK
School District - Unified - LEA Code
3415900
School District - Unified - Name
Summit City School District
Zoning
Zoning
B
Geography
Assessors Map Reference
TAX MAP 26
District
18
Parcel
18 02614-0000-00014
Block
2614
Lot
14
Lot Code
unknown
Municipality
SUMMIT CITY
Latitude
40.7181
Longitude
-74.3549
FIPS
34039
Mailing Carrier Code
C032
Mailing Full Street Address
86 PORETE AVE
Mailing House Number
86
Mailing Street Mode
AVE
Mailing Street
PORETE
Mailing 4-Digit Zip Code
7635
Geo Status Code
Prior to setting the GEOsource field the default value was 'P'.
Valuation
Timestamp
2024-04-11 19:39:57
UCID Flag
C
More About The Building
The depth of the property lot was measured at 1,050 square feet and the front at 440 square feet. Fun fact, were you aware that buildings can shift depending on temperatures outdoors? This might remind you of middle school science classes, but heat will cause most materials to expand while the cold will cause them to contract. As a result, many architects and engineers often have to make sure that control joints are made up of the right materials and in good condition. The building class code for 306 Springfield Avenue is unknown but given the importance of this information, we will work to update this data as soon as possible.

Interested in learning more about the neighborhood that the property is located in? Buildings in the 07901 area have a median price of $3,400. Those in the 25th percentile, have a price around $2,999. While those in the 75th percentile, have a price around $4,025. As a breakdown, we've included the following stats:

  • There are currently no studio listings being advertised in the area.
  • There are currently a total of 5 one bedroom listings. The median price for these types of listings is $2,180.
  • There are currently a total of 17 two bedroom listings. The median price for these types of listings is $3,100.
  • There are currently a total of 10 three bedroom listings. The median price for these types of listings is $3,800.
  • There are currently a total of 6 four bedroom listings. The median price for these types of listings is $5,400.
About The Area
306 Springfield Avenue is located in 07901. There are 23,276 people living here. There are 8,333 households. Most of these households have an average family size of 3.38 people. According to the census, 30% are currently renting while 70% own their homes. The median age of this population is around 40.2 years old. On average, most folks in the zipcode are married. About 27% of folks speak a language other than English in this area. The area's employment rate is currently around 64.2%. Speaking of employment, the median income is $132,107. Most folks will commute by car for around 33.8 minutes. Finally, we know that 12% of residents in the area have graduated with their high school degree. Additionally, 36% and 35% have their Bachelor's and Master's degree, respectfully.

Moving on to the county level. Union County, New Jersey has a population of 550,436 people. Based on census records, there are 186,890 registered households. Families in this area are on average made up of 3.46 people per household. Most folks are unmarried. They are also typically around 38.2 years old. Does diversity matter to you? Right now, 43% of folks speak a language other than English here. About 41% rent while 59% purchased their homes. Right now, the community is made up of 29% of residents who have graduated with at least a high school degree. On top of that, 20% have a Bachelor's degree and 13% have a Master's degree. The employment rate is currently around 62.7%. Those employed, have a median income of $70,476. If you move here, you can expect to commute mostly by car for around 30.9 minutes.

Finally, let's take a look at the stats related to New York - Newark, NY - NJ - CT Urban Area. The urban area is home to 18,812,161 people. A total of 6,707,347 households are registered here. With average family sizes being listed at 3.42 people. About 25% of residents have graduated with a high school degree. Of the rest, 22% have their Bachelor's and 16% have their Master's degree. Folks speaking a language other than English, make up about 40% of the population. Speaking of your commute, 59.7% of people in this area are employed. The recorded median income is currently at $68,319 per year. The median population age has been listed at 37.8 years old. Interestingly enough, unmarried people make up the majority of the population. Last but not least, renters make up about 50% of the population while homeowners are at about 50% of the population.
-
Studio Median Rent
$2,180
1BR Median Rent
$3,100
2BR Median Rent
$3,800
3BR Median Rent

Nearby Schools

(within attendance boundary)
52 Woodland Ave, Summit, NJ 07901
Public  •  Elementary  •  Grades 1 to 5
Summit City School District
272 Morris Ave, Summit, NJ 07901
Public  •  Middle School  •  Grades 6 to 8
Summit City School District
Summit High School  •  0.85 mi
125 Kent Place Blvd, Summit, NJ 07901
Public  •  High School  •  Grades 9 to 12
Summit City School District
School zoning information and other data are provided by RealtyHop Schools and 3rd party sources. The contents of the database are not guaranteed to be accurate or timely. Contact the schools or districts before making any decisions using on this data.
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