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2024 Compare Cities Housing:
Edgewater, NJ vs Summit, NJ

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Highlights
- The median age of a home in Edgewater is 151.9% younger than the median age of a home in Summit.

Housing
 Edgewater, NJSummit, NJUnited States
 Median Home Age276842
 Median Home Cost$639,500$1,053,800$338,100
 Home Appr. Last 12 months13.9%12.1%16.6%
 Home Appr. Last 5 yrs.43.7%29.3%57.0%
 Home Appr. Last 10 yrs.66.2%44.3%101.1%
 Property Tax Rate$21.8$30.0$11.0
 Homes Owned38.4%65.5%57.4%
 Housing Vacant8.7%5.9%11.2%
 Homes Rented52.9%28.5%31.4%
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 Avg Rent For Home Or Apartment
 Edgewater, NJSummit, NJUnited States
 Average Rent$3,440$2,750$1,840
 Studio Apartment$2,030$1,550$1,080
 1 Bedroom Home or Apartment$2,420$1,830$1,180
 2 Bedroom Home or Apartment$2,810$2,200$1,430
 3 Bedroom Home or Apartment$3,490$2,790$1,860
 4 Bedroom Home or Apartment$4,390$3,280$2,160
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 Vacant Housing
 Edgewater, NJSummit, NJUnited States
 Vacant For Rent8.0%0.4%1.9%
 Vacant Rented0.0%1.4%0.4%
 Vacant For Sale0.0%1.4%0.7%
 Vacant Sold0.0%0.9%0.4%
 Vacant Vacation0.0%0.7%3.6%
 Vacant Other0.8%1.2%4.1%
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 Owner-Occupied Housing Value
 Edgewater, NJSummit, NJUnited States
 Less Than $20,0000.5%0.3%2.6%
 $20,000 to $39,9990.0%0.0%2.4%
 $40,000 to $59,9990.5%0.1%2.8%
 $60,000 to $79,9990.0%0.4%3.9%
 $80,000 to $99,9991.3%0.4%4.5%
 $100,000 to $149,9990.7%0.0%11.3%
 $150,000 to $199,9990.0%1.1%13.0%
 $200,000 to $299,9996.0%2.1%20.1%
 $300,000 to $399,9997.6%5.0%13.6%
 $400,000 to $499,99911.4%4.9%8.3%
 $500,000 to $749,99935.8%28.1%9.7%
 $750,000 to $999,99918.4%18.7%3.9%
 $1,000,000 to $1,499,99915.9%18.7%2.2%
 $1,500,000 to $1,999,9991.1%10.7%0.8%
 $2,000,000 and over0.7%9.5%1.1%
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 Housing Units By Year Built
 Edgewater, NJSummit, NJUnited States
 2015 and Newer0.0%0.0%0.2%
 2010 to 201424.6%2.9%13.6%
 2000 to 200924.6%2.9%13.6%
 1990 to 199915.4%2.4%13.6%
 1980 to 198914.1%5.3%13.2%
 1970 to 19796.2%5.9%14.8%
 1960 to 196915.4%2.4%13.6%
 1950 to 19592.0%28.4%10.0%
 1940 to 19492.5%10.3%4.7%
 1939 or Earlier10.8%32.1%12.2%

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Reviews for Edgewater    4 Reviews

I used to live in NYC. The prices now in rent, resturaunts and stores has become exorbitant. Edgewater has the quality of NYC at lesser prices. Plus it has  More

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Over 14 years ago

The housing in Edgewater has become pricey and beautiful in a great area right next to New York City. It has gotten crowed over the last 5 years. It is a great place  More

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Over 16 years ago

I'm a big fan, although a a matter of principle I don't believe in boosterism. There are hundreds of wonderful places to live. Edgewater, thankfully, happens to be one  More

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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 EDGEWATER, NEW JERSEY
07020
ZIPS IN SUMMIT, NEW JERSEY
07901

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