57 Morris Ave Summit, NJ $ 1,050,000
57 Morris Ave
$ 1,050,000
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57 Morris Ave

Summit, NJ, 07901
$ 1,050,000
Bedrooms6 Baths2.2

Monthly Estimate*

$ 6,630

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Multi-Family Home for sale in Summit, NJ

for $1,050,000 with 6 bedrooms and 2 full baths, 2 half baths. This home was built in 1908 on a lot size of 0.15.

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.

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Multi-Family Active

Price

$ 1,050,000

Bedrooms

6

Full Bath

2

Half Bath

2

Property Type

Multi-Family

Taxes

$ 8,468

Style

Duplex-Side by Side

Lot Size

0.15

Year Built

1908

Town/City

Summit

County/Region

Union

MLS | Web ID

4051387

Features
General
Sewer Public Sewer
Heating 2 Units Radiators - Steam
Cooling 2 Units Window A/C(s)
Utilities Gas In Street
Possession At Closing
Roof Asphalt Shingle
Architectural Style Duplex-Side by Side
Year Built 1908
Township Summit City
Tax Year 2025
Gross Income 74916
County Union
Net Operating Income 9999
Operating Expense 9999
Total Rooms 10
Full Baths 2
Status Active
Directions On Morris Ave
Open Parking Spaces 6
Number Of Units Total 2
Tax Annual Amount 8468
Drive Additional Parking Crushed Stone
Standard Status Active
Tax Assessed Value 281000
Town # 2918
Tax Lot 30
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Interior
Basement Full
Unit 1 Baths Total 2.0
Unit 1 Beds Total 3
Unit 2 Baths Total 2.0
Unit 2 Beds Total 3
Fuel Type Gas-Natural
Half Baths 2
Total Bedrooms 6
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Exterior
Exterior Amenities Open Porch(es)
Water Source Private
Exterior Description Vinyl Siding
Lot Dimensions .150
Lot Size Acres 0.15
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* Excluded Features
List By
PETER TVERDOV

Listing Agent

Tverdov Housing

Broker

Affordability Calculator

$7,335
Per Month
90%
10%
0%
Monthly Principal & Interest
$6,630
Monthly Property Taxes
$706
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/9/2026$1,050,000 Listed Price

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57 Morris Ave, Summit, NJ, 07901 is a Multi-Family Home for sale at $1,050,000 with a lot size of 0.15. 57 Morris Ave has 6 bedrooms, 2.2 baths, and was built in 1908. The property's zip code is 07901 which is in Summit, NJ