49 PARK AVE Summit, NJ 07901

$799,000
49 PARK AVE, Summit, NJ 07901
3514233

Multi-Family Home for sale in Summit, NJ

for $799,000 with 4 bedrooms and 3 full baths. This 2,575 square foot home was built in 1925 on a lot size of 0.12 Acre(s).

Property Information

  • $799,000
  • 4 Bedrooms
  • 3 Full Baths
  • Multi-Family
  • 2,575 Square Feet
  • Taxes are $8,420
  • 3 Story
  • Active
  • Lot size of 0.12 Acre(s)
  • Built in 1925
  • Summit, NJ
  • Union County
  • MLS/Web ID is 3514233
  • Just Listed

Description

TUNRKEY Income Producing Property in HOT Summit Multi-Family Market. Long term tenants, consistent income, 3 units each on their own floor. Impeccably maintained with each unit having its' own utilities paid for by tenant ( owner pays water). Exceptional opportunity. Laundry in basement. GREAT LOCATION close to train, downtown Summit, and hospital. Apartment Unit 1 is Month to Month.

Interior 9

Appliances

  • Carbon Monoxide Detector
  • Fire Alarm

Basement

  • Basement
  • Full Basement
  • Unfinished

Cooling System

  • Ceiling Fan(s)
  • Central Air
  • Wall Unit(s)
  • Window Unit(s)

Flooring

  • Carpet(s)
  • Tile Flooring
  • Wood Floors

Heating Source

  • Natural Gas
  • Oil

Heating System

  • 3 Units
  • Forced Air
  • Hot Water Heater: Gas
  • Radiators - Steam

Interior

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

Sewer

  • Public Sewer

Water Source

  • Public Water

Exterior 7

Driveway

  • Blacktop
  • Exclusive
  • Stone/Gravel

Exterior

  • Porch
  • Thermal Windows/Doors

Land Improvements

  • Sidewalks

Lot Description

  • Level/Flat

Parking

  • 1 Car Parking
  • 1-20 Parking Spaces

Roof

  • Asphalt Shingles

Siding

  • Wood Exterior

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.

49 PARK AVE , Summit, NJ, 07901 is a Multi-Family Home for sale at $799,000 with 2,575 sqft and a lot size of 0.12 Acre(s). 49 PARK AVE has 4 bedrooms, 3.0 baths, and was built in 1925. The property's zip code is 07901 which is in Summit, NJ

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Market Pricing

Average % of sale price Median % of sale price
All listings in Summit $1,261,505 58 % above $1,075,000 35 % above
Multi-family listings in Summit $694,200 13 % below $689,000 14 % 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

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