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    133 Summit Ave, Unit 10 Summit, NJ 07901

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    For Sale
    $510,000

    First-floor cooperative in downtown Summit with a two-car garage.

    Lot size:
    1.04 Acres

    Property Features for 133 Summit Ave

    General Information

    Lot size
    1.04 Acres

    Building Details

    Year built
    1924

    Source: BHHS FOX & ROACH Agent ROSALEEN LIGHT-NEWBY

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Summit Cooperative with Garage

    This first-floor cooperative is located in the Summit Parmley complex in downtown Summit. Interior features include a living room/dining room with a coffered ceiling, newly polished hardwood floors, custom shutters, custom-built-ins, and 9-foot ceilings. The kitchen is equipped with a hardwood floor, a Sub-Zero refrigerator, white cabinetry with quartz countertops, a gas stove, a microwave, recessed lighting, a stainless steel sink, and a Miele dishwasher. The property includes two bedrooms with closet space and an updated full bathroom. The basement provides an assigned storage room, gym, laundry, and bicycle room. The unit comes with a two-car detached garage. Ownership includes 34 shares, and board approval is required for purchase.
    Location Intelligence

    Current Use by Public Records

    Schwarz Vaughan K ... Family Counselor Protalex Inc Pharmaceutical Company

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Gym & Fitness Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Summit
    County
    Union
    State
    New Jersey
    Longitude
    -74.3558412
    Latitude
    40.7197842

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    FAQs

    What type of property is this?
    Apartment building - First-floor cooperative in downtown Summit with a two-car garage.
    Where is this apartment building located?
    The property is located at 133 Summit Ave, Unit 10 Summit, NJ.
    What is the asking price?
    The asking price for this property is $510,000.
    What are key features of this property?
    This property features: - First floor living in downtown Summit.; - Two-car detached garage.; - Newly polished hardwood floors and 9ft ceilings.
    (908) 273-0400
    Request Owner's contact information
    133 Summit Ave, Unit 10 Summit, NJ 07901
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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
    133 Summit Ave, Unit 10 Summit, NJ 07901
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