Commercial

Summit, NJ Commercial Land for Sale

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Commercial Land with Retail Buildings
Updated: Nov 23, 2023
Commercial Land with Retail Buildings

20 Franklin Pl, Summit, NJ 07901

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12,765 sqft 1.00 AC lot
12,765 SF total commercial buildings on approx. 1‑acre site
Approx. 0.25 miles to NJ Transit Train Summit Station
Approx. 1.3 miles to I‑78
Approx. 2.5 miles to The Mall at Short Hills
Approx. 12.2 miles to Newark Liberty International Airport
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Summit, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Redevelopment Opportunity Near Train
Redevelopment Opportunity Near Train

99 Vose Ave, South Orange, NJ 07079

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3,020 sqft

Commercial land available one block from South Orange Train.

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Approved Land Parcel Opportunity
Approved Land Parcel Opportunity

206-212 Brookdale, Newark, NJ 07106

$1,400,000

Land parcel approved for 30 units in Newark.

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Approved Land Parcel For Sale
Approved Land Parcel For Sale

206 Brookdale Avenue, Newark, NJ 07106

$1,400,000

Land parcel approved for 30 units, shovel ready.

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Commercial Land Parcel
Commercial Land Parcel

305 North Ridgewood Road, South Orange, NJ 07079

Contact for pricing
4.00 AC lot

Commercial land offering approximately 4 acres for development or future site use.

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Summit, NJ Commercial Land Market Trends and Statistics

Explore 1 commercial land for sale in Summit, NJ on our real estate platform. These investment opportunities span a total of 12,765 square feet of properties for sale, with an estimated market value of $0.00.

Sale prices for commercial lots in Summit, NJ start at $0.00, averaging $0.00, and reaching up to $0.00 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Commercial land 1

Demographics Overview

Population 25K
Population Growth (5Y) +5.0%
Median Household Income $177,986
College Educated 54.3%

Taxes & Financing

Tax Rate (average for all types) 4.36%
Property Tax per SF $36.37 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Union County

New Delisted

Total CRE Inventory on Market (SF)

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