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    23 Euclid Ave Summit, NJ 07901

    For Sale
    $1,775,000

    3-Three Story, Multi-Family - Summit City, NJ

    Lot size:
    0.31 Acres
    Days on Market:
    33
    Last Refresh:
    Dec 5 at 9:06 am

    Property Features for 23 Euclid Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Residential
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Dining Room, Kitchen, Living Room, Master Bedroom
    Bedrooms
    5
    Bathrooms
    5
    Parking
    6
    Patio and Porch features
    Patio
    Interior features
    Carbon Monoxide Detector, Fire Extinguisher, High Ceilings, Tile Floors, Vinyl-Linoleum Floors, Walk-In Closet, Wood Floors
    Exterior features
    Partially Fenced, Patio, Sidewalk
    Fencing
    Fenced, Partial
    Fireplace
    1
    Basement Y/N
    1
    Appliances
    Range, Refrigerator
    Lot size
    0.31 Acres

    Utilities

    Heating system
    Baseboard, Fireplace(s), Hot Water (Heating), Other (Heating), Steam

    Building Details

    Year built
    1896
    Number of units
    4
    Building materials
    Brick, Stone
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    SERHANT New Jersey LLC (908) 656-1650 [email protected]

    Listing agent ANTHONY J VERDUCCI JR (973) 315-5959

    Listing date Nov 3, 2025

    MLS# 3994891 Listing URL

    Copyright © 2025 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.

    Overview

    Four-Unit Multifamily Home in Summit

    Located in Summit City, this well-maintained four-unit multifamily home offers a layout suitable for investors, owner-occupants, or contractors. The main level unit features a kitchen, dining room, living room, bedroom, and full bath. Units 2 and 3 each include a kitchen, living room, bedroom, and full bath, suitable for generating income or providing independent accommodations. The top floor unit, Unit 4, is the largest, featuring two bedrooms, a kitchen, living room, and full bath. The property is situated on a 0.31-acre lot. This property can continue as a rental asset or serve as the foundation for a renovation project.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Summit
    County
    Union
    State
    New Jersey
    Longitude
    -74.35764
    Latitude
    40.72078

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    FAQs

    What type of property is this?
    Quadplex - Sun-filled, well-maintained four-unit multifamily home in the heart of Summit.
    Where is this quadplex located?
    The property is located at 23 Euclid Ave Summit, NJ.
    What is the asking price?
    The asking price for this property is $1,775,000.
    What are key features of this property?
    This property features: - Four-unit multifamily home in a highly desirable Summit location.; - Strong investment potential as a rental property or renovation project.; - Flexible layout suitable for investors, owner-occupants, or contractors.
    (973) 315-5959
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    Summit, NJ 07901
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    23 Euclid Ave Summit, NJ 07901
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