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Two-Family Duplex with Walk-Out Basements

718 Springfield Ave Summit, NJ 07901

718 Springfield Ave, Summit, NJ, 07901
$1,195,000
Pending
For Sale
$1,195,000
Pending

MULTI_FAMILY - Summit City, NJ

Lot Size0.14 Acres
Days on Market69

Property Features for 718 Springfield Ave

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Rooms
Bedroom 1, Bathroom 2, Bedroom 3, Basement, Bedroom 4, Bathroom 1, Bedroom 2
Parking
4
Patio and Porch features
Porch, Deck
Interior features
Carpeting, High Ceilings, Smoke Detector, Tile Floors, Wood Floors
Exterior features
Deck, Enclosed Porch(es), Partially Fenced, Sidewalk, Storm Door(s)
Fencing
Partial
Standard status
Pending
Lot size
0.14 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
10417

Utilities

Sewer type
Public Sewer
Water source
Public

Building Details

Number of units
2
Roof type
Shingle
Architectural style
Other
Listing Agency TOP VALUE REALTY
1246 ROUTE 46 SUITE 200, Lake Hiawatha, NJ
Listed by SHOROUQ Z. MATARI
Added: May 9 Checked: Jul 16 at 3:06 pm
MLS# 4026415 Listing URL

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.


Investment Insights

Based on property information with market context.

This two-family duplex at 716-718 Springfield Ave offers two separate residences, each with a spacious, functional layout including four bedrooms and 1.5 baths. Hardwood floors are included throughout the units. Walk-out basements extend the footprint and provide additional space that can be used for storage, recreation, or future finishing. The property also includes ample off-street parking, supported by a circular driveway for convenient vehicle access.

The home is located in Summit, NJ, on Springfield Ave, in an area described as close to the downtown and convenient to major transportation. The property is also positioned near local shops, dining, and parks, with commuting access noted for the NYC route. The listing is presented for sale in “AS IS” condition.

This configuration can work well for either an investor seeking a two-unit setup or an owner-occupant looking to live in one side while renting the other. With each unit having comparable bedroom and bath counts plus basement access, the property supports straightforward occupancy planning and day-to-day usability. Off-street parking and the walk-out basement entries add practical value for tenants and households managing multiple needs within a residential income property.

Key Highlights

  • Two‑family duplex at 716‑718 Springfield Ave in Summit (AS IS sale)
  • Each unit offers 4 bedrooms and 1.5 baths with hardwood floors
  • Walk‑out basements on each side provide additional usable space

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Spa & Massage Center Restaurant Hair Salon Nail Salon Skin Care Clinic Parking Lot & Garage Accounting Firm Law Firm Big Box & Wholesale Store Daycare Center

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

FAQs

What type of property is this?
Duplex - Each unit features four bedrooms, hardwood floors, and walk-out basement space alongside off-street parking for flexible living.
Where is this duplex located?
The property is located at 718 Springfield Ave Summit, NJ.
What is the asking price?
The asking price for this property is $1,195,000.
What are key features of this property?
This property features: Two‑family duplex at 716‑718 Springfield Ave in Summit (AS IS sale); Each unit offers 4 bedrooms and 1.5 baths with hardwood floors; Walk‑out basements on each side provide additional usable space
Contact an agent
More about this property
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