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We know the Summit, NJ real estate market as only 3rd & 4th generations can. Call us: 908-376-2730 and get on board with the best!
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A family-friendly main street – 35 minutes from Manhattan
Click here for Summit Listings
The City of Summit’s name was inspired by its location at the peak of the Watchung Mountain Range, but its residents claim it comes from the high quality of life enjoyed here. A commuter’s haven, Summit enjoys unbeatable rail and bus connections to New York City and easy access to New Jersey’s leading corporate centers. The town is rich in recreational opportunities for all ages, as well as cultural and civic activities, while its public school system is among the best in the state. Its vibrant downtown area features unique shops, a multiplex movie theater and a selection of restaurants to please every taste and budget. Ranked #29 in NJ Monthly's - Top 100 Places to Live
Fast Facts:
Established: 1899
Population: 20,000
Size: 6.1 square miles
Housing: Historic Estates, Colonials, Tudors, Cape Cods
Attractions: Reeves-Reed Arboretum, NJ Center for the Visual Arts, Par 3 Municipal Golf Course  Commuter Information:
The Summit Train Station is located at 40 Union Place. This station is served by both the Morristown Line and the Gladstone Branch. It serves as a transfer station for those coming from Gladstone and want to go to New York, since most trains from Gladstone only go to Hoboken. It also serves as the originating point for numerous trains to both Hoboken and Penn Station in Midtown Manhattan. This means the first seat on the train for most Summit commuters. Service begins at 4:56 AM and ends at 2:29 AM. Holiday and weekend service runs from 5:27 AM to 2:27 AM. Due to the availability of trains and potential destinations, it draws commuters from not just Summit but many surrounding towns.
A municipal permit sticker is required for residents to park in the long term garages/parking lots. The cost is $10 or $5 for a senior 62 years of age or older. Permits may be obtained from either the City Clerk’s Office (908) 273-6400 or the Summit Permit Center (908) 522-0357. You can now also pay online at Summit's website. Residents must supply vehicle registration with a Summit address. If the car is leased, registration and insurance card are required. Summit residents are able to park in 4 long-term parking garages/lots:Broad Street Garage, Chestnut Lot, Elm Street Lot, and Sampson Lot. Resident commuters can also park in the Broad Street East Lot where there are reserved spaces. Look for green and white signs Residents with a permit can either park for $4.00 a day all day from 6:00 AM to 6:00 PM Monday thru Friday or purchase an annual pre-paid hangtag for $810. A resident must have a municipal permit sticker in order to purchase pre-paid parking from the Summit Permit Center. The hangtag must be displayed from the rearview mirror. Overnight parkers with valid permits can enter the garages/lots starting at 3:00 PM. If you need to leave the garage/lot, there is no need to pay again when reentering if you leave the day’s receipt on the car’s dash board. The Broad Street East Lot (adjacent to the Broad Street Parking Garage) is available to residents and non-residents for long-term parking. Non-residents must pay $9 a day to park. This lot does not require a permit. No overnight parking is permitted in this lot. For valet service and non-resident pre-paid hangtags for this lot contact Park Plus Valet (347) 273-1333.
Closing or Settlement >Closing Dates
The final closing date is an important item in the negotiation of the purchase agreement on a home. This is the day when the buyers get their ownership papers and the sellers get their money. It is important to remember that most standard contracts don't pinpoint a specific date, and closings can be delayed due to factors beyond the buyer's control.
The closing will usually be set as soon as the title search and lender's paperwork can be completed. However, any number of factors can interfere with the closing schedule. For example, questions can arise about liens against the property that were paid, but not properly recorded. Items in the buyers credit history may have to be cleared up. These situations rarely cause the transaction to fall apart, but they can wreak havoc with your moving schedule. Your real estate agent will keep you up to date on the progress of your closing in order to avoid delays and minimize any inconvenience.
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| Q |
Upon completion this year, what will be the tallest residential building south of New York and east of Chicago?
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| A |
Located in Biscayne Bay, Florida, the $120 million, 51-floor luxury condominium will be called The Santa Maria. |
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NUMBER1EXPERT®
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