$1,050,000
 $5,637 est/mo Sourced by Back At You

57 Morris Ave,Summit City, NJ 07901

Summit City, NJ 07901

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Description

RARE chance for you to own a turnkey 2 family rental property in Summit!! This house was extensively renovated in 2024 and features two side by side units, each with 2 floors of living. Each unit has 3 beds 1.5 baths, both with in-unit laundry and both with their own separate storage space in the basement. All of the plumbing in the home was re-done, the kitchens are brand new with quartz countertops and new appliances. The floors are re-done and new. The siding is new. The open concept floor plan in the kitchen and living room is a rare feature to tenants. The parking in the rear is a huge selling point as it comfortably fits up to 6 cars. Currently rented out with a total annual rent of $74,916. Located half a mile from the hospital and a mile from downtown and the train station, when you add in the ranked schools in Summit this is the gem in your portfolio that you have been waiting for or maybe that opportunity to finally own in this amazing town! Do not delay, this will not last! Owner is a licensed real estate broker of record. Best and final offers due Saturday September 19th before 6pm.

Details

MLS #4051387
Listing TypeFor Sale
Sub-TypeResale
StatusUnder Contract
Year1908
Days On Site27
Listing Provided ByTVERDOV HOUSING | PETER TVERDOV

Features

Bath(s) 2 Total
BasementY

Taxes

Property8468

Area Information

StateNJ
CountyUnion
CitySummit City
Zip Code07901
AreaUnion
Listing VS Median (in 07901)
Price:
$1,050,000
low | high
Med:
$1,292,500
26.904761904762% of Average
On site:
27
low | high
Med:
170
15.882352941176% of Average
Sourced by Back At You

Market Activity 07901

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Learn More About This Property

StateNJ
CountyUnion
CitySummit City
Zip Code07901
AreaUnion
Listing VS Median (in 07901)
Price:
$1,050,000
low | high
Med:
$1,292,500
26.904761904762% of Average
On site:
27
low | high
Med:
170
15.882352941176% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $787K - $1.312M
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
6 John St Property Photo 1
$859,000
6 John St
Summit City, NJ 07901
37 Edison Dr Property Photo 1
$1,250,000
37 Edison Dr
Summit City, NJ 07901
Listing Updated: September 29, 2026 at 12:08:41 AM PDT