53 Summit Ave, Summit City, NJ 07901
53 Summit Ave, Summit City, NJ 07901
53 Summit Ave, Summit City, NJ 07901
53 Summit Ave, Summit City, NJ 07901
53 Summit Ave, Summit City, NJ 07901
53 Summit Ave, Summit City, NJ 07901
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Kelly & Carl Robinson

Kelly & Carl Robinson

+1(973) 500-3253
$ 2,100,000
Est. payment | /mo

4,200 SqFt

Save
$ 2,100,000
Est. payment | /mo
Save

4,200 SqFt

Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 4,200 sqft

Price per Sqft $500

MLS Listing ID 4032916

Annual Tax Amount $19,783

Tax Year 2025

Lot Size 2,613 Sqft

Property Sub-Type Mixed Use

Property Description

Positioned in the heart of Downtown Summit, this exceptional corner mixed-use property presents a rare opportunity to acquire a premier investment in one of New Jersey's most desirable and vibrant downtown districts. The property features three residential apartments on the second level including one one-bedroom residence and two studio apartments complemented by commercial space on the ground floor.The lower level offers expansive flexible space with direct exterior access, creating additional potential for storage, operations, creative workspace, or supplemental use opportunities. Residential tenants enjoy a dedicated private entrance from Franklin Place.Ideally situated just steps from the Summit Parking Garage, NJ Transit train station with direct service to New York City, boutique shopping, acclaimed dining, and everyday conveniences, the property benefits from exceptional visibility, strong pedestrian traffic, and a highly walkable commuter-centric location. The luxury townhome development along Franklin Place further enhances the long-term appeal and investment potential of this dynamic downtown corridor.Ideal for investors seeking stable mixed-use income, an owner-user desiring a flagship downtown presence, or a developer, this offering represents a unique opportunity within Summit commercial market.

Location

State NJ

County Union

Zoning CBD

Rooms

Basement Finished-Partially, Full, Storage, Walkout

Interior

Heating Gas-Natural

Cooling 1 Unit, Central Air, Wall A/C Unit(s)

Flooring Carpeting, Concrete, Tile, Wood

Equipment Restrooms - Private, Smoke Detector, Sprinkler System, Storage Area(s)

Heat Source Gas-Natural

Exterior

Exterior Feature Brick/Block

Utilities Available Electric, Gas-Natural

Roof Type Asphalt Shingle

Building

Lot Description Corner

Story 2

Sewer Public Sewer

Water Public Water

Others

Ownership Fee Simple

Garden State MLS(GSMLS)
Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by KELLER WILLIAMS REALTY

Nearby Locations

Kelly & Carl Robinson

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(973) 500-3253

info@carellyrealty.com

549 Millburn Ave, Short Hills, NJ, 07078-3330, USA

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53 Summit Ave