47 PARK AVE Summit, NJ 07901

$949,000
47 PARK AVE, Summit, NJ 07901
3514232

Multi-Family Home for sale in Summit, NJ

for $949,000 with 4 bedrooms and 4 full baths. This 2,672 square foot home was built in 1920 on a lot size of 50X100.

Property Information

  • $949,000
  • 4 Bedrooms
  • 4 Full Baths
  • Multi-Family
  • 2,672 Square Feet
  • Taxes are $9,358
  • 2 Story
  • Active
  • Lot size of 50X100
  • Built in 1920
  • Summit, NJ
  • Union County
  • MLS/Web ID is 3514232
  • Just Listed

Description

TURNKEY Income Producing Property in HOT SUMMIT Multi- Family Market. Long Term Tenants, consistent Income, 4 Units each with 1 BR are impeccably maintained and each have own individual utilities paid for by tenant ( owner pays water). Exceptional opportunity. Laundry in basement. Great location close to train, downtown Summit and hospital.

Interior 9

Appliances

  • Carbon Monoxide Detector
  • Fire Alarm

Basement

  • Basement
  • Full Basement
  • Unfinished

Cooling System

  • Ceiling Fan(s)
  • Window Unit(s)

Flooring

  • Carpet(s)
  • Tile Flooring
  • Wood Floors

Heating Source

  • Natural Gas

Heating System

  • 4+ Units
  • Hot Water Baseboard Heat
  • Hot Water Heater: Gas

Interior

  • Blinds
  • High Ceilings
  • Walk-in Closet(s)

Sewer

  • Public Sewer

Water Source

  • Public Water

Exterior 8

Driveway

  • Blacktop
  • Exclusive
  • Stone/Gravel

Exterior

  • Porch
  • Thermal Windows/Doors

Fence

  • Vinyl

Land Improvements

  • Sidewalks

Lot Description

  • Level/Flat

Parking

  • 1 Car Parking
  • 1-20 Parking Spaces

Roof

  • Rubber

Siding

  • Brick

Miscellaneous 2

Other

  • No Warranty Included

Utilities

  • Electric
  • Natural Gas

† Excluded Feature

Neighborhood & Schools

Elementary School: Brayton
Middle School: Summit MS
High School: Summit HS

 See complete school information

Listed By

Broker: TURPIN REAL ESTATE, INC.

47 PARK AVE , Summit, NJ, 07901 is a Multi-Family Home for sale at $949,000 with 2,672 sqft and a lot size of 50X100. 47 PARK AVE has 4 bedrooms, 4.0 baths, and was built in 1920. The property's zip code is 07901 which is in Summit, NJ

Get an Immediate Callback from 9:00 AM - 10:30 PM EST
or Call us at 1-800-839-1363

Market Pricing

Average % of sale price Median % of sale price
All listings in Summit $1,261,505 33 % above $1,075,000 13 % above
Multi-family listings in Summit $694,200 27 % below $689,000 27 % below

Get the facts about Summit, NJ!

Population 21,766
Population Growth (since 2000) 3 %
Median Income $123,930
Median Age 41.2
Households w/ Children 41 %

Residential Dwellings

  • Owned 5313
  • Vacant 452
  • Rented 2552

Similar Listings

Get an Immediate Callback from 9:00 AM - 10:30 PM EST
or Call us at 1-800-839-1363