Home / Select Cities  /  2024 Comparing Belmont, MA vs. Summit, NJ

2024 Compare Cities Housing:
Belmont, MA vs Summit, NJ

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Highlights
- The median age of a home in Belmont is 11.5% younger than the median age of a home in Summit.

Housing
 Belmont, MASummit, NJUnited States
 Median Home Age616842
 Median Home Cost$1,205,800$1,053,800$338,100
 Home Appr. Last 12 months10.8%12.1%16.6%
 Home Appr. Last 5 yrs.29.5%29.3%57.0%
 Home Appr. Last 10 yrs.77.1%44.3%101.1%
 Property Tax Rate$11.4$30.0$11.0
 Homes Owned60.5%65.5%57.4%
 Housing Vacant4.6%5.9%11.2%
 Homes Rented34.9%28.5%31.4%
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 Avg Rent For Home Or Apartment
 Belmont, MASummit, NJUnited States
 Average Rent$3,680$2,750$1,840
 Studio Apartment$2,320$1,550$1,080
 1 Bedroom Home or Apartment$2,520$1,830$1,180
 2 Bedroom Home or Apartment$3,060$2,200$1,430
 3 Bedroom Home or Apartment$3,730$2,790$1,860
 4 Bedroom Home or Apartment$4,120$3,280$2,160
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 Vacant Housing
 Belmont, MASummit, NJUnited States
 Vacant For Rent1.0%0.4%1.9%
 Vacant Rented0.3%1.4%0.4%
 Vacant For Sale0.2%1.4%0.7%
 Vacant Sold0.0%0.9%0.4%
 Vacant Vacation1.1%0.7%3.6%
 Vacant Other2.1%1.2%4.1%
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 Owner-Occupied Housing Value
 Belmont, MASummit, NJUnited States
 Less Than $20,0000.2%0.3%2.6%
 $20,000 to $39,9990.0%0.0%2.4%
 $40,000 to $59,9990.1%0.1%2.8%
 $60,000 to $79,9990.0%0.4%3.9%
 $80,000 to $99,9990.0%0.4%4.5%
 $100,000 to $149,9990.2%0.0%11.3%
 $150,000 to $199,9990.0%1.1%13.0%
 $200,000 to $299,9990.4%2.1%20.1%
 $300,000 to $399,9993.2%5.0%13.6%
 $400,000 to $499,9993.4%4.9%8.3%
 $500,000 to $749,99921.1%28.1%9.7%
 $750,000 to $999,99927.8%18.7%3.9%
 $1,000,000 to $1,499,99929.3%18.7%2.2%
 $1,500,000 to $1,999,9999.1%10.7%0.8%
 $2,000,000 and over5.1%9.5%1.1%
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 Housing Units By Year Built
 Belmont, MASummit, NJUnited States
 2015 and Newer0.2%0.0%0.2%
 2010 to 20142.7%2.9%13.6%
 2000 to 20092.7%2.9%13.6%
 1990 to 19991.2%2.4%13.6%
 1980 to 19892.0%5.3%13.2%
 1970 to 19794.6%5.9%14.8%
 1960 to 19691.2%2.4%13.6%
 1950 to 195911.4%28.4%10.0%
 1940 to 19498.2%10.3%4.7%
 1939 or Earlier57.9%32.1%12.2%

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Reviews for Summit    5 Reviews

Over 16 years ago

While there seems to be a good amount of cultural activities and diversity in this area, and it is done with the intention that it makes people feel diverse, when they  More

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Over 18 years ago

A very nice town. If you have lots of money to spend on housing and really want to be in Summit then it is worth it. The water and air quality are terrible. And as a  More

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Summit, NJ is a very expensive place to live. But the town does a great job of making it worth every penny. Community activities, train station, quite neighborhoods,  More

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ZIPS IN BELMONT, MASSACHUSETTS
No Zip Codes Here.
ZIPS IN SUMMIT, NEW JERSEY
07901

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