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About This Home

This 0-bedroom, 0-bathroom commercial at 53 Summit Ave in Summit City, NJ is listed for $2,100,000 ($500 per sqft). the home offers 4,200 sqft of living space on a 0.06 acres lot.

Agent 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 apartment

s 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 fro

m 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.

Key Features

  • 0.06 acre lot
  • 2 stories

Property Details

2 stories

Amenities

Basement

Monthly Cost Estimate

$11,231/mo

20% down · 6.5% · 30 years

Principal$1,519
Interest$9,100
Insurance$613

Estimates only. Actual payments may vary.

Location

53 Summit Ave

Summit City, NJ 07901-3613

Property Details

Flooring

CarpetConcreteTileWood

Construction

BlockBrick

Heating

BaseboardHot Water (Heating)

Cooling

Central AirMulti Units

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 53 Summit Ave is listed at $2,100,000 ($500/sqft). The estimated monthly payment is $9,100 based on 20% down at 6.5% interest.

Key features include: 0.06 acre lot, 2 stories.

This property is listed by BARBARA LEWIS and can be reached at 9082338502 or BarbLewisHomes@gmail.com.

BL

BARBARA LEWIS

Agent at KELLER WILLIAMS REALTY

(908) 233-8502

Listed by KELLER WILLIAMS REALTY · View on Broker Site

MLS# 4032916· Source: listhub· Updated 32 days ago

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.

53 Summit Ave, Summit City, NJ 07901-3613

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