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2025 Compare Cities Housing:
Rumson, NJ vs Summit, NJ

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Highlights
- The median age of a home in Rumson is 21.4% younger than the median age of a home in Summit.
 Rumson, NJSummit, NJUnited States
 Median Home Age56  Unlock42
 Median Home Cost  Unlock$1,053,800$338,100
 Home Appr. Last 12 months17.5%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock29.3%57.0%
 Home Appr. Last 10 yrs.78.1%  Unlock101.1%
 Property Tax Rate  Unlock$30.0$11.0
 Homes Owned84.1%  Unlock57.4%
 Housing Vacant  Unlock5.9%11.2%
 Homes Rented7.6%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Rumson, NJSummit, NJUnited States
 Average Rent  Unlock$2,750$1,840
 Studio Apartment$1,420  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,830$1,180
 2 Bedroom Home or Apartment$1,990  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$2,790$1,860
 4 Bedroom Home or Apartment$3,030  Unlock$2,160
 space1
 Vacant Housing
 Rumson, NJSummit, NJUnited States
 Vacant For Rent  Unlock0.4%1.9%
 Vacant Rented0.0%  Unlock0.4%
 Vacant For Sale  Unlock1.4%0.7%
 Vacant Sold1.2%  Unlock0.4%
 Vacant Vacation  Unlock0.7%3.6%
 Vacant Other2.3%  Unlock4.1%
 space2
 Owner-Occupied Housing Value
 Rumson, NJSummit, NJUnited States
 Less Than $20,000  Unlock0.3%2.6%
 $20,000 to $39,9990.4%  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 $149,9990.6%  Unlock11.3%
 $150,000 to $199,999  Unlock1.1%13.0%
 $200,000 to $299,9990.9%  Unlock20.1%
 $300,000 to $399,999  Unlock5.0%13.6%
 $400,000 to $499,9993.9%  Unlock8.3%
 $500,000 to $749,999  Unlock28.1%9.7%
 $750,000 to $999,99911.7%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock18.7%2.2%
 $1,500,000 to $1,999,99918.0%  Unlock0.8%
 $2,000,000 and over  Unlock9.5%1.1%
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 Housing Units By Year Built
 Rumson, NJSummit, NJUnited States
 2015 and Newer0.2%  Unlock0.2%
 2010 to 2014  Unlock2.9%13.6%
 2000 to 200917.6%  Unlock13.6%
 1990 to 1999  Unlock2.4%13.6%
 1980 to 19897.0%  Unlock13.2%
 1970 to 1979  Unlock5.9%14.8%
 1960 to 19692.6%  Unlock13.6%
 1950 to 1959  Unlock28.4%10.0%
 1940 to 19495.5%  Unlock4.7%
 1939 or Earlier  Unlock32.1%12.2%
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Reviews for Rumson    3 Reviews
neal · Rumson, NJ
Education in Rumson
Over 16 years ago

I have been nothing short of amazed at the quality of eduction offered by the public school system in the Rumson elementary system: the leadership and quality displayed  More

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Bp · Rumson, NJ
Having it all in Rumson, New Jersey
Over 17 years ago

Rumson, NJ is one of those rare places where you really can have it all. A quick 40 minute ferry ride takes you to New York City for all it has to offer for work,  More

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Elizabeth · Highlands, NJ
Wonderful place to live
Over 17 years ago

The beach, 1 hour to New York, Mansions, Regular Houses, Great People, High Taxes, so much  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 Rumson, New Jersey
Overview
Cost of Living
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Learn More About Summit, New Jersey
Overview
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