# 40 Prospect St, Summit City, NJ 07901-2522

> **TL;DR:** 3bd/2ba single family, $1,700,000 ($876/sqft), built 1923, 1,940 sqft.
> Fireplace, Basement. Est. $7,367/mo. Listed 192 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,700,000 |
| Price/sqft | $876 |
| Bedrooms | 3 |
| Bathrooms | 1 full, 1 half |
| Square Feet | 1,940 |
| Year Built | 1923 |
| Lot Size | 13,504 sqft (0.31 acres) |
| Property Type | Single Family (Single Family Residence) |
| Status | For Sale |
| Days on Market | 192 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $7,367 |
| **Total** | **$7,367** |

## Key Amenities

- Fireplace
- Basement

## Property Highlights

- Built in 1923
- 0.31 acre lot
- Fireplace

## Description

### Agent Description
Introducing 40 Prospect Street - a rare opportunity in the heart of the highly desirable Summit, NJ! This longstanding 3BR/1.5BA colonial sits on an oversized lot and is ready for complete modern renovation / rebuild! Positioned in a quiet tree-lined neighborhood, this home is just minutes from downtown Summit and its restaurants, shopping, and direct rail service to NYC via NJ Transit. This property offers a combination of prime location, property size, top-rated schools, and more in one of Union County's most sought-after neighborhoods. To all homeowners and homebuilders, this is truly one with plenty of potential for its next chapter. Strictly ''AS IS'' sale, buyer responsible for C/O

## Location

- **Address:** 40 Prospect St, Summit City, NJ 07901-2522
- **County:** Union
- **Coordinates:** 40.713, -74.36334
- **Google Maps:** https://www.google.com/maps?q=40.713,-74.36334

## Listing Agent

- **Name:** SENADA GRAFAS
- **Brokerage:** EXP REALTY, LLC
- **Phone:** 8662016210
- **Email:** NJ.Broker@eXpRealty.net

## Primary Photo

![40 Prospect St - Primary Photo](http://lh.rdcpix.com/4b95febd803b2fc2e682265c36efdd59l-f2699551111r.jpg)

*16 total photos available on [listing page](https://www.propertysimple.com/listing/40-prospect-st-summit-city-nj-07901-2522-3999057)*

---

**MLS#:** 3999057 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/40-prospect-st-summit-city-nj-07901-2522-3999057)

---

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