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2025 Compare Cities Housing:
Peapack and Gladstone, NJ vs Summit, NJ

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Highlights
- The median age of a home in Peapack and Gladstone is 33.3% younger than the median age of a home in Summit.
 Peapack and Gladstone, NJSummit, NJUnited States
 Median Home Age51  Unlock42
 Median Home Cost  Unlock$1,053,800$338,100
 Home Appr. Last 12 months12.1%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock29.3%57.0%
 Home Appr. Last 10 yrs.44.3%  Unlock101.1%
 Property Tax Rate  Unlock$30.0$11.0
 Homes Owned76.5%  Unlock57.4%
 Housing Vacant  Unlock5.9%11.2%
 Homes Rented23.5%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Peapack and Gladstone, NJSummit, NJUnited States
 Average Rent  Unlock$2,750$1,840
 Studio Apartment$1,530  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,830$1,180
 2 Bedroom Home or Apartment$2,190  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$2,790$1,860
 4 Bedroom Home or Apartment$2,940  Unlock$2,160
 space1
 Vacant Housing
 Peapack and Gladstone, NJSummit, NJUnited States
 Vacant For Rent  Unlock0.4%1.9%
 Vacant Rented0.0%  Unlock0.4%
 Vacant For Sale  Unlock1.4%0.7%
 Vacant Sold0.0%  Unlock0.4%
 Vacant Vacation  Unlock0.7%3.6%
 Vacant Other0.0%  Unlock4.1%
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 Owner-Occupied Housing Value
 Peapack and Gladstone, NJSummit, NJUnited States
 Less Than $20,000  Unlock0.3%2.6%
 $20,000 to $39,9990.0%  Unlock2.4%
 $40,000 to $59,999  Unlock0.1%2.8%
 $60,000 to $79,9990.0%  Unlock3.9%
 $80,000 to $99,999  Unlock0.4%4.5%
 $100,000 to $149,9990.0%  Unlock11.3%
 $150,000 to $199,999  Unlock1.1%13.0%
 $200,000 to $299,9990.0%  Unlock20.1%
 $300,000 to $399,999  Unlock5.0%13.6%
 $400,000 to $499,9999.0%  Unlock8.3%
 $500,000 to $749,999  Unlock28.1%9.7%
 $750,000 to $999,99924.6%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock18.7%2.2%
 $1,500,000 to $1,999,9991.1%  Unlock0.8%
 $2,000,000 and over  Unlock9.5%1.1%
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 Housing Units By Year Built
 Peapack and Gladstone, NJSummit, NJUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock2.9%13.6%
 2000 to 20092.1%  Unlock13.6%
 1990 to 1999  Unlock2.4%13.6%
 1980 to 19899.2%  Unlock13.2%
 1970 to 1979  Unlock5.9%14.8%
 1960 to 196915.4%  Unlock13.6%
 1950 to 1959  Unlock28.4%10.0%
 1940 to 19491.4%  Unlock4.7%
 1939 or Earlier  Unlock32.1%12.2%
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Reviews for Peapack And Gladstone    2 Reviews
Teresa · Peapack, NJ
PEAPACK AND GLADSTONE
Over 15 years ago

I live in Peapack. Peapack and Gladstone are TWO different towns. Peapack has it's own Postal Zip Code 07977 and Post Office. Gladstone has it's own PO and Zip Code  More

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Ken · Gladstone, NJ
Overview
Over 18 years ago

Home of the U.S. Equestrian Team, the Borough of Peapack & Gladstone, is two villages incorporated in 1912 into a single municipality. An exurban village of  More

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Reviews for Summit    5 Reviews
Abhd · Summit, NJ
Atmosphere
Over 17 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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myah  · Ann Arbor, MI
Summit
Over 19 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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James · Summit, NJ
Worth it if you can afford it.
Over 19 years ago

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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Learn More About Peapack and Gladstone, New Jersey
Overview
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Learn More About Summit, New Jersey
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