8 Fay Pl, Summit, NJ, 07901
About This Home
Nestled in one of Summit's most sought-after neighborhoods, just a few short blocks from highly regarded Washington Elementary School, this well-maintained split-level home presents an exceptional opportunity for homeowners, investors, or builders alike. Lovingly cared for by the same owner for over 40 years, this wonderful home offers the perfect canvas to update and customize to your own style, or take advantage of the level 100' x 100' lot to create the custom home of your dreams. Ideally located just minutes from Summit's vibrant downtown, you'll enjoy an array of boutique shops, acclaimed restaurants, parks, and the convenience of the direct train to New York City. Whether you're looking to enter the Summit market at an attractive price point, renovate to suit your vision, or build new in a premier location, this property offers endless possibilities in an unbeatable setting. A rare opportunity not to be missed!
Getting Around
Car-Dependent
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1953
Materials
- Roof: Asphalt Shingle
- Construction materials: Wood Shingle
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Range/Oven-Gas,Refrigerator,Gas Water Heater
Basement
- Basement: None
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Dining Room
- Features: Formal Dining Room
Features
- Flooring: Wood
Heating & Cooling
- Heating features: Forced Air,Natural Gas
- Cooling features: Central Air
Kitchen
- Features: Eat-in Kitchen
Property
Details
- Parcel number: 2918003080000000070000
Features
- Levels: Multi/Split,Split Level
Lot
- Lot size: 0.26 Acres
- Lot size dimensions: 115 x 97
Parking
- Total spaces: 4
- Parking features: 1 Car Width,Asphalt,Attached Garage
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
- Uncovered spaces: 4
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Winter Weather
- Ice Storm
- Lightning
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters Across New Jersey Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,040 | $48,480 |
| Home Insurance * | $138 | $1,656 |
| Property Taxes | $1,351 | $16,212 |
| Electricity | $193 | $2,318 |
| Total | $5,722 | $68,664 |
Income You'd Need if You Spent...
New Jersey FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-06 | Pending sale | $799,000 |
| 2026-08-01 | Listed for sale | $799,000 |
| 1983-04-15 | Sold | $106,000 |
View on Zillow