57 Park Ave, Summit, NJ 07901
Local realty services provided by:ERA Central Realty Group
57 Park Ave,Summit City, NJ 07901
$1,495,000
- 10 Beds
- 5 Baths
- - sq. ft.
- Multi-family
- Active
Upcoming open houses
- Sun, Nov 1501:00 pm - 04:00 pm
Listed by: philip dattolo
Office: elite realtors of new jersey973-994-9009
MLS#:4061603
Source:NJ_GSMLS
Price summary
- Price:$1,495,000
About this home
Exceptional multifamily investment opportunity in the highly desirable City of Summit, NJ! This property features 5 legal residential units with the potential for a 6th unit, subject to municipal approvals. The building offers a desirable unit mix of five 2-bedroom apartments and one 1-bedroom apartment, including the potential 6th unit. Ideally located approximately 10 minutes from the Summit train station and just 5 minutes from the vibrant downtown district, offering convenient access to an outstanding selection of restaurants, boutique shops, cafes, entertainment, and everyday amenities. Summit is known for its charming downtown, beautiful parks, thriving local businesses, and excellent transportation options, including NJ Transit's Midtown Direct service to New York City. Conveniently located near major highways, including Routes 24 and 78, providing easy access throughout Northern New Jersey. This property presents an excellent opportunity for investors seeking an income-producing asset with additional value-add potential in one of Union County's most sought-after communities. A rare opportunity to own a multifamily property in a prime Summit location!!!...
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Home facts
- Year built:1910
- Listing ID #:4061603
- Added:10 day(s) ago
- Updated:November 08, 2026 at 03:21 PM
Rooms and interior
- Bedrooms:10
- Total bathrooms:5
- Full bathrooms:5
- Half bathrooms:1
- Rooms Total:30
- Basement Description:Basement, Finished
Heating and cooling
- Cooling:Wall A/C Unit(s)
- Heating:Radiators - Steam
Structure and exterior
- Roof:Flat
- Year built:1910
- Lot area:0.08 Acres
- Construction Materials:Brick, Metal Siding
Schools
- Middle school:Summit HS
- Elementary school:Summit MS
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,495,000
- Tax amount:$15,317 (2025)
Features and amenities
- Amenities:All Utilities Underground
Parking
- Parking description:Blacktop Driveway, Driveway-Shared
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