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Fully rented and recently updated, this three-family home in Summit generates over $7,900/month in rental income with potential for even more. A true turnkey opportunity, it's ideal for both owner-occupants and investors looking for steady cash flow and long-term value. Each of the three well-maintained units features its own layout, in-unit washer/dryer, and abundant natural light. Unit 1 includes 3 bedrooms, 2 full baths, and direct access to a finished walk-out basement. Unit 2 offers 2 bedrooms, 1 bath, and a private deck. Unit 3 is a 1-bedroom, 1-bath unit with a loft space accessed by spiral stairs. Recent upgrades include a new roof, renovated kitchens and baths in Units 2 and 3 with quartz countertops and LVP flooring, and newer AC systems in Units 1 and 3. Assigned parking and additional off-street spaces complete the package. Conveniently located just minutes from downtown Summit, with easy access to top-rated schools, shopping, dining, and the nearby train station.
| DAYS ON MARKET | 1 | LAST UPDATED | 8/5/2025 |
|---|---|---|---|
| YEAR BUILT | 1898 | COMMUNITY | Summit |
| GARAGE SPACES | 2.0 | COUNTY | Union |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| Elementary School | Washington |
|---|---|
| Jr. High School | Summit MS |
| High School | Summit HS |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Gas Water Heater |
| AREA | Summit |
| BASEMENT | Finished, Yes |
| CONSTRUCTION | Brick, Vinyl Siding |
| GARAGE | Yes |
| HEAT | Electric, Forced Air, Natural Gas |
| LOT | 6098 sq ft |
| PARKING | Detached |
| SEWER | Public Sewer |
| STORIES | 3 |
| STYLE | 3-Three Story |
| TAXES | 14623 |
| UTILITIES | Natural Gas Available |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with COMPASS NEW JERSEY, LLC
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