Looking for your next adventure? Well, look no further than Summit, NJ!
Nestled on a ridge just 23 miles from the bustling streets of New York City, Summit offers a vibrant community and endless opportunities.
With its diverse population and lively neighborhoods, this city has something for everyone.
Sure, the cost of living may be a bit higher, but the rewards are worth it.
So, why wait? Take the leap and make Summit your new home.
The possibilities are endless, and freedom awaits you here.
Key Takeaways
- Summit, NJ is a city located on a ridge in northern New Jersey, in Union County. It is part of the New York metropolitan area.
- Summit has a population of 22,719, with a 5.8% increase over the past decade. The demographics include a sex ratio of 52% female and 48% male, a median age of 39.7, and a diverse racial and ethnic composition.
- The cost of living in Summit is 87% more expensive than the national average. The median home price is $1.6 million, and the average rent for an 898 square foot apartment is $2,304.
- Summit offers a variety of neighborhoods, including Northside, Woodland Park, and Downtown Summit. It has a humid continental climate with four distinct seasons, and residents enjoy a range of attractions, parks, restaurants, and shopping options in the area.
Demographics
If you’re considering moving to Summit, NJ, you’ll find that the city has a diverse population with a racial and ethnic composition that reflects a vibrant community.
Approximately 66.7% of the population is White, creating a strong sense of cultural diversity. Additionally, 11.7% of the population identifies as Hispanic or Latino, bringing a rich tapestry of traditions and customs to the city. With 9.2% of the population being Asian, Summit embraces a wide range of cultural influences. The Black or African American community makes up 7% of the population, contributing to the city’s diverse character. Furthermore, 5.8% of the population identifies as two or more races, showcasing the blending of different backgrounds and experiences.
Summit also welcomes a small percentage of Native Hawaiian and Other Pacific Islander individuals, as well as American Indian and Alaska Native residents, who add their unique perspectives to the community.
Moving to Summit means immersing yourself in a place where different cultures intersect and thrive. The city’s demographics reflect a commitment to inclusivity, providing individuals with the freedom to express their identities and celebrate their heritage. The diverse population of Summit fosters an environment that values and respects the contributions of every individual, creating a welcoming atmosphere for newcomers.
Whether you’re seeking a strong sense of community or opportunities to engage with different cultures, Summit offers a diverse and inclusive environment that can enrich your life.
Cost of Living
When you live in Summit, you’ll find that the cost of living is 87% more expensive than the national average. It’s a beautiful city with a high price tag, but the benefits of living here are worth it. Here are three things to consider about the cost of living in Summit:
- Housing: The median home price in Summit is $879,000, which is significantly higher than the national median of $204,900. Whether you’re looking to buy or rent, you’ll need to budget accordingly. The average rent for an 898 square foot apartment is $2,304, and a family of four would need to earn $102,475 per year to afford to live here.
- Daily expenses: Daily expenses in Summit can add up quickly. A meal at an inexpensive restaurant will cost you around $50, and utilities average $398 per month. Even a gallon of milk will set you back $4.69. It’s important to budget for these higher costs when planning your finances.
- Childcare: If you have children, be prepared for the high cost of childcare in Summit. The average annual cost of childcare for two children is $18,231, which is higher than the national average. This expense can significantly impact your budget, so it’s important to plan accordingly.
Living in Summit may come with a higher price tag, but it also offers a high quality of life. The city is known for its beautiful neighborhoods, excellent schools, and abundance of parks and recreational facilities. While the cost of living may be higher, the freedom to enjoy all that Summit has to offer makes it worth the investment.
Economy and Business
Consider exploring the thriving economy and business opportunities in Summit, NJ. This charming city, located in Union County, offers a multitude of possibilities for entrepreneurs and those seeking financial success. With its dense suburban feel and a population of over 21,000 residents, Summit provides a vibrant market for various industries.
One area where Summit excels is in the food and beverage industry. The city boasts a plethora of restaurants, cafes, and bakeries, offering a wide range of cuisines and culinary experiences. Whether you’re craving a gourmet meal, a delicious cup of coffee, or a delectable pastry, Summit has it all.
Additionally, Summit has seen a rise in fitness and wellness establishments. New workout studios have opened their doors, providing residents with the opportunity to engage in various fitness classes and training programs. These businesses cater to the growing demand for health and wellness in the community.
For those interested in the corporate world, Summit is home to several large companies, including Wells Fargo, State Farm, and Accenture. These companies not only provide employment opportunities but also offer the potential for partnerships and collaborations.
If you’re considering starting your own business, Summit offers resources and support to entrepreneurs. The City of Summit website provides information on zoning requirements, licenses, permits, and fees, guiding you through the process of opening a new business. Summit Downtown, Inc. specializes in assisting new businesses in downtown Summit, helping with location selection and providing valuable guidance.
Crime Rate
Summit’s crime rate is significantly lower than the national average and most comparable cities in New Jersey. This means that you can feel safe and secure in this beautiful city. Here are three reasons why Summit’s low crime rate is perfect for those who desire freedom:
- Peaceful neighborhoods: Summit is known for its peaceful neighborhoods, such as Northside, Woodland Park, and Downtown Summit. These areas offer a sense of tranquility and security, allowing you to enjoy the freedom of walking around without worrying about your safety.
- Low property crime rates: Property crimes, such as larceny, burglary, and motor vehicle theft, are very low in Summit. This means that you can feel confident leaving your home or car unattended without the fear of them being targeted by criminals. Your belongings are safe and secure in this city.
- Safe streets: Summit’s low violent crime rate means that you can freely explore the city without the constant worry of encountering dangerous situations. Robbery and assault rates are lower than the national average, ensuring that you can enjoy the freedom of walking the streets without feeling threatened.
In a city with such a low crime rate, you can truly experience a sense of freedom. Summit provides a safe and secure environment for its residents, allowing you to live your life to the fullest without the constant fear of crime.
Education
If you’re looking for quality education, you’ll be pleased to know that Summit offers highly-ranked schools and a supportive learning environment. Summit Senior High School, ranked 16th within New Jersey and #363 in National Rankings, provides an excellent education with an overall score of 97.97/100.
The Summit Public School District includes 14 elementary schools, ensuring that your child will have access to a top-notch education from a young age. Some of the top-rated public schools in Summit include Lincoln Hubbard Elementary School with a rating of 9/10, Franklin Elementary School with a rating of 8/10, and Brayton Elementary School and Jefferson Elementary School both with a rating of 7/10.
Summit Senior High School has also received the College Success Award for 2022, 2021, and 2020, further showcasing its commitment to preparing students for future success. Additionally, nearby universities such as Fairleigh Dickinson University, Drew University, and Saint Elizabeth University offer opportunities for higher education.
Summit’s focus on education extends beyond the classroom. The community is known for its supportive learning environment, where students are encouraged to explore their interests and reach their full potential. The dedicated teachers and staff are committed to providing a well-rounded education that prepares students for college and beyond.
Healthcare
Moving to Summit, NJ means you’ll have access to excellent healthcare facilities. One of the top healthcare centers in Summit is Overlook Medical Center, which is rated high performing in multiple specialties and procedures. With its general medical and surgical services, Overlook Medical Center ensures that you receive quality care.
Another healthcare provider in Summit is Summit Health, which boasts a vast network of over 2,500 providers and more than 340 locations across the region. With their extensive reach, you can rest assured that you’ll have access to comprehensive healthcare services.
When it comes to hospitals, Summit, NJ is home to at least two. Overlook Medical Center is one of them, offering top-notch medical care and ranked as the fifth best hospital in New Jersey. Summit Oaks Hospital is the other hospital in Summit, providing specialized psychiatric and behavioral health services.
In addition to hospitals, Summit also offers several urgent care centers. Summit Health’s Urgent Care Centers provide fast and reliable alternatives to emergency department visits, ensuring you receive timely care for various medical needs. You can also refer to Yelp or Solv Health for a list of highly rated urgent care centers in Summit.
With the presence of these healthcare facilities, you can feel confident knowing that your health and well-being will be well taken care of when you make the move to Summit, NJ.
Housing Market
The housing market in Summit, NJ is highly competitive, with a median home value that is more than three times higher than the national average. According to Redfin, the median sale price of a home in Summit was $1.4 million last month, up 13.6% since last year. Realtor.com reports that the median listing home price of homes for sale in Summit is $1,249,500. In addition to the high home prices, the rental market in Summit is also quite expensive. Apartments.com states that the average rent for a studio apartment in Summit is $1,437, while a one-bedroom apartment costs around $1,930. For those looking for more space, a two-bedroom apartment has an average rent of $2,578, and a three-bedroom apartment can cost as much as $4,915.
Here is a table summarizing the average rental prices in Summit, NJ:
| Apartment Type | Average Rent |
|---|---|
| Studio | $1,437 |
| One Bedroom | $1,930 |
| Two Bedrooms | $2,578 |
| Three Bedrooms | $4,915 |
Despite the high prices, Summit’s housing market is highly sought after due to its desirable location, excellent schools, and proximity to New York City. The city offers a variety of neighborhoods, including Northside, Woodland Park, and Downtown Summit, each with its own unique charm and amenities. Whether you’re looking for a quiet, picturesque area or a bustling region with cafes and shops, Summit has something for everyone.
While the housing market in Summit may be competitive, the city’s strong economy and high quality of life make it an attractive place to live. With its beautiful parks, recreational facilities, and a vibrant downtown area, Summit offers a wonderful community for those seeking freedom and a high standard of living.
Job Market
The job market in Summit, NJ is diverse and offers a range of opportunities for job seekers. Here are three things that paint a picture of the job market in Summit:
- Thriving Industries: Summit is home to thriving industries such as pharmaceuticals and life sciences, financial services, advanced manufacturing, information technology, and transportation and logistics. These industries provide a wide range of job opportunities, from research and development to customer service and production roles.
- High Demand Positions: Some of the most in-demand positions in Summit and the surrounding areas include Senior Maintenance Mechanic, MRI Technologist, Diagnostic Medical Sonographer, Tutor/Teacher, Registered Dietitian, Manager Customer Development, Patient Care Coordinator, Virtual Office Administrator, and Production Operator in the pharmaceutical industry. These positions offer competitive salaries and opportunities for growth.
- Top Employers: Summit is home to several top employers, including Propeller Communications, New Jersey Bariatric Center, Bouras Industries Inc, Aircast Incorporated, and Oak Knoll School. These companies offer a range of job opportunities across different industries, providing job seekers with options to explore.
With a diverse job market and opportunities in various industries, Summit, NJ provides job seekers with the freedom to choose a career path that aligns with their skills and interests. Whether you’re looking for a position in the pharmaceutical industry, healthcare, education, or technology, Summit has something to offer.
Public Transportation
Getting around Summit, NJ without a car is easy thanks to the town’s accessible public transportation options. You have several choices to get around the town and explore everything it has to offer.
The Summit Train Station, located at 40 Union Pl, is served by NJ Transit trains, making it convenient to travel to nearby areas. You can also take a train from Newark Broad St to Summit every 30 minutes. If you prefer taking the bus, there is a bus route from Broad St At Branford Pl/Edison Pl to Morris Ave At Springfield Ave every 30 minutes.
If you’re flying into Summit, the nearest airport is Newark Liberty International Airport (EWR), which is only about 15 miles away. From there, you can easily reach Summit using public transportation or by renting a car. Speaking of cars, if you prefer driving, Summit is easily accessible from the Garden State Parkway, as well as Routes 24, 78 & 287.
Summit is a small town, covering about 6 square miles, making it very walkable. So, if you want the freedom to explore the town at your own pace, walking is a great option. Additionally, there are bike rental options available if you prefer to explore on two wheels.
Tax Rates
Property taxes in Summit, NJ are calculated based on the assessed value of the property. This means that the amount you pay in property taxes will depend on how much your property is worth.
Here are three things you need to know about tax rates in Summit:
- The property tax rate in Summit is 0.85%. This means that for every $100,000 your property is worth, you will pay $850 in property taxes each year. This rate is relatively low compared to some other areas, which is great news for homeowners.
- Summit has a sales tax rate of 6.63%. This is the amount you will pay in taxes when you make a purchase in Summit. It’s important to keep this in mind when budgeting for your expenses.
- In addition to property taxes and sales taxes, there are also municipal, county, and school taxes in Summit. These taxes contribute to funding various services and programs in the city, such as maintaining parks, roads, and schools. While taxes are necessary for the functioning of a community, it’s important to be aware of how they will impact your finances.
Overall, Summit, NJ has relatively low property tax rates compared to other areas. This can provide homeowners with more financial freedom and flexibility. However, it’s important to consider all the different taxes that may apply when budgeting for your expenses in Summit.
Pros and Cons
If you’re considering living in Summit, NJ, it’s important to weigh the pros and cons of the area. Summit has many advantages that make it an appealing place to live. One of the pros is the high government spending, which leads to better public services. You can expect well-maintained parks, good infrastructure, and public transportation options.
Summit also offers a good combination of factors, such as a diverse community and access to healthcare facilities. The town has a mix of cultures and ethnicities, allowing for a sense of freedom and acceptance. Additionally, Summit has plenty of outdoor activities to enjoy, with parks and recreational areas available for everyone’s enjoyment.
However, there are also some cons to living in Summit. The high property prices can make it less affordable for some individuals, and the property tax rate is also high. Limited affordability and limited job opportunities may be a challenge for some residents. Furthermore, finding parking in Summit can be challenging, and traffic congestion can be a problem, especially during peak commuting hours. The winters in Summit can be cold and snowy, which may not be ideal for everyone.
Things to Do
There are plenty of activities to enjoy in Summit, offering something for everyone’s interests and preferences. Whether you’re a nature lover, a shopaholic, or in need of some relaxation, Summit has got you covered. Here are three things you can do in Summit:
- Explore Nature and Gardens: Immerse yourself in the beauty of Reeves-Reed Arboretum, a 13.5-acre arboretum with contemporary and historic gardens. Take a tour, enjoy art exhibits, and engage in activities like gardening, trekking, and bird watching. For a peaceful environment, visit Briant Park, which features walking paths, playgrounds, and a pond for fishing and boating.
- Shop for Unique Items: If you love antiques and vintage items, head to Summit Antiques Center, the oldest antique center in the state. You’ll find a wide range of artifacts, gems, and artwork. For handcrafted products from around the world, visit Badawang Art, where you can browse through a collection of handcrafted items from Asia, Africa, and America.
- Relax and Pamper Yourself: Treat yourself to a day of pampering at The Woodhouse Spa. They offer customized treatments, warm teas, and a relaxing environment to help you unwind. Afterward, grab a delicious meal at Marigolds, a restaurant known for its healthy breakfast options and delicious dishes.
With an array of activities to choose from, you’re sure to find something that suits your interests and allows you the freedom to enjoy your time in Summit.
Bars and Restaurants
One popular spot to grab a bite to eat in Summit is Natale’s Bakery, known for its delicious baked goods and sweet treats. But Summit has so much more to offer when it comes to bars and restaurants. Whether you’re looking for a cozy Italian dinner, a flavorful Indian feast, or a classic American diner experience, Summit has it all. Check out the table below for a taste of the diverse dining options in town:
| Restaurant | Cuisine | Atmosphere |
|---|---|---|
| Fiorino Ristorante & Bar | Italian | Cozy and intimate |
| Huntley Taverne | American and international | Warm and welcoming |
| Four Monkeys Indian Bistro | Indian | Flavorful and vibrant |
Fiorino Ristorante & Bar offers a variety of Italian dishes, including pasta and seafood. It provides a cozy and intimate dining experience, perfect for a romantic evening. Huntley Taverne, on the other hand, offers a diverse menu with American and international dishes. It has a warm and welcoming atmosphere, making it a great option for families. If you’re in the mood for some Indian cuisine, Four Monkeys Indian Bistro is highly rated and provides a flavorful dining experience.
These are just a few examples of the many bars and restaurants you can find in Summit. Whether you’re craving Italian, American, Indian, or any other type of cuisine, Summit has something for everyone. So, go ahead and explore the culinary scene in Summit, and enjoy the freedom to try new flavors and indulge in delicious meals.
Best Neighborhoods to Live In
The Northside neighborhood in Summit, NJ is known for its beautiful homes and tree-lined streets, making it one of the most desirable places to live. This neighborhood offers a sense of freedom and tranquility that is hard to find elsewhere.
Here are three reasons why Northside is the perfect neighborhood for those seeking a sense of freedom:
- Charming Homes: Northside is filled with charming homes that exude character and elegance. The houses in this neighborhood are well-maintained and showcase beautiful architecture. From Victorian-style homes to cozy cottages, you’ll find a variety of options that cater to different tastes and preferences. Living in one of these homes will give you a sense of freedom and pride as you enjoy the unique charm and beauty they offer.
- Picturesque Streets: Walking through the streets of Northside feels like stepping into a storybook. The tree-lined streets are adorned with lush greenery, creating a serene and peaceful atmosphere. As you stroll along the sidewalks, you’ll be greeted by the sound of birds chirping and the scent of blooming flowers. This picturesque setting allows you to escape the hustle and bustle of everyday life and find solace in the beauty of nature.
- Proximity to Downtown: Despite its peaceful ambiance, Northside is conveniently located within walking distance to downtown Summit. This means that you can easily access a wide range of amenities, including shops, restaurants, and cafes. Whether you want to grab a cup of coffee, enjoy a delicious meal, or explore the local boutiques, everything is just a short walk away. This proximity allows you the freedom to indulge in the vibrant city life while still enjoying the tranquility of your neighborhood.
Conclusion
In conclusion, moving to Summit, NJ offers a vibrant and diverse community with a range of amenities and attractions. The city provides a high quality of life and access to excellent schools and universities, although the cost of living may be higher than the national average. Summit’s proximity to New York City and a variety of neighborhoods make it an attractive choice for many.
For example, John and Sarah, a young couple who recently moved to Summit, fell in love with the charming downtown area. They enjoy exploring the local parks and restaurants on weekends, taking advantage of the city’s vibrant culture and entertainment options.
Overall, Summit offers something for everyone, making it an appealing place to live.