by RHP Realty

See Home Value
$4,050,000
● House - Off Market

550 Summit

Englewood Cliffs, NJ 07632
bedrooms
6 Beds
bathrooms
7 Baths, 2 Half Baths
$22,587
Est. Monthly
1.52%
Cap Rate

About This Property

Call Puja Directly at *Watch the comprehensive virtual tour video!* https://njproper.com/mls-550-summit An Unmatched Luxury Oasis Just Minutes from Manhattan Welcome to one of Englewood Cliffsa€™ most prestigious gated estates a€" a rare sanctuary that effortlessly combines privacy, elegance, and prime location. Set on approx. 1.3 acres of beautifully landscaped grounds, this exceptional legacy property stands as one of the largest residential lots in the area. Perfectly located near elite private schools like Dwight, scenic hiking trails, and the lively downtown district, this exclusive estate offers the best of both worlds: peaceful, park-like surroundings just minutes from the energy of New York City. This 12,214-square-foot home features 6 bedrooms, 7 full bathrooms, and 2 half baths, thoughtfully designed for multigenerational living and refined entertaining. The interior boasts a sun-drenched solarium perfect for high tea or quiet mornings, a richly finished library, a private office, and a fully finished lower level with limitless potential. Step outside to enjoy stone walkways, a storybook gazebo, and lush, tranquil gardens that complete the retreat-like ambiance. With low property taxes and a location in one of New Jerseya€™s most coveted zip codes, this is a rare opportunity to own a one-of-a-kind estate that truly elevates suburban living. The virtual tour has video, floor plans, 3d model & more
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1999

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (NJMLS #23027475)

Price History

Date / Event Date Event Price
Oct 10, 2025 Sold
Sold
Sep 20, 2025 In contract -
In contract
Sep 12, 2025 No longer available -
No longer available
Aug 10, 2025 Price Decreased $4,599,999
↓ $100K (2.1%)
Price Decreased
May 23, 2025 Relisted $4,700,000
Relisted
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Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 57,782
  • Total Building Area: 9,082
  • Building Area: 9,082
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 9,082
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001327
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Englewood Cliffs Borough School District
  • Census Tract: 016000

Geography

  • Account Number: 085100
  • District: 16
  • Parcel: 16 00603-0000-00021- 01
  • Block: 603
  • Lot: 21.01
  • Municipality: ENGLEWOOD CLIFFS BORO
  • Latitude: 40.8859
  • Longitude: -73.954

    Address

  • Full Address: 550 Summit St
  • Address - House Number: 550
  • Address - Street Name: Summit
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Englewood Cliffs
  • Carrier Code: C034
  • 4-Digit Zip Code: 3013
  • Zip Code: 07632

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,718,734

    Appraisal Valuation

  • Standard Deviation: 0.0813
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 93
  • Final Value: 4,400,067
  • High Value: 4,757,812
  • Low Value: 4,042,322

    Market Valuation

  • Market Total Value: $4,201,900
  • Market Land Value: $1,727,800
  • Market Improvement Value: $2,474,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,201,900
  • Assessed Land Value: $1,727,800
  • Assessed Improvements Value: $2,474,100

    Sales

  • Current Sale Contract Date: Oct 04, 2019
  • Current Sale Recording Date: Nov 13, 2019
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 19-077095
  • Previous Sale Recording Date: May 09, 1996
  • Previous Sale Contract Date: May 01, 1996
  • Previous Sale Amount: $950,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Englewood Cliffs


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Frequently Asked Questions

When was property at 550 Summit Street built and last sold?
The property at 550 Summit Street was built in 1999 and last sold on Oct 4, 2019 for $3,700,000.
How much is this home worth?
The estimated value of the home located at 550 Summit Street is $4,645,999.
What are some comparable homes to 550 Summit Street?
There are currently no comparable homes to 550 Summit Street.