57 Park Ave, Summit, NJ 07901

Local realty services provided by:CENTURY 21 Cedarcrest Realty, Inc.
57 Park Ave,Summit City, NJ 07901
$1,495,000
  • 10 Beds
  • 5 Baths
  • - sq. ft.
  • Multi-family
  • Coming Soon
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...

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Home facts

  • Year built:1910
  • Listing ID #:4061603
  • Updated:October 30, 2026 at 02:35 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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