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Victorian Quadplex with Updated Interiors
New
For Sale
$1,800,000
Pending

2 Hillside Ave, Summit, NJ 07901

Four apartments combine modernized kitchens and baths with preserved Victorian architectural details.

Property SizeContact for details
Days on Market3

Property Features for 2 Hillside Ave

General Information

Standard status Pending
Total Parking Spaces 4
Property subtype Multi Family

Units

Unit Mix 2 x 1BR, 1 x 2BR, 1 x 3BR
Multifamily Units 4

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $17,852

Amenities

dedicated basement storage
shared pay-per-use laundry
covered front porch
decorative fireplaces
stained glass
detached garage

Building Details

Year Built 1890
Year Renovated 2024
Units 4
Construction Victorian
Tenancy Multi
Listing Agency: Keller Williams Metropolitan
Listed By: IAN A. WOLF
Source: Elliman
Added: Aug 14 Changed: Aug 15 Last Checked: Aug 16 at 5:56AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Metropolitan

Investment Insights

Based on property information with market context.

Built in 1890, this legal quadplex contains four apartments with a total of 7 bedrooms and 5 full baths. The unit mix includes two one-bedroom apartments, one two-bedroom apartment, and one three-bedroom apartment. Kitchens and bathrooms were renovated during 2023–2024, while decorative fireplaces, stained glass, and a covered front porch retain the building’s period character. The fireplaces convey as-is.

Three apartments have tenants with leases extending into 2027, and the fourth is owner occupied. Each unit includes dedicated basement storage and one off-street parking space. The property also offers a detached garage and shared pay-per-use laundry. Building systems include an approximately 5-year-old boiler, two 2020 water heaters, and an approximately 10-year-old roof. Located at 2 Hillside Ave in Summit, the property is 0.3 miles from downtown and across the street from the Farmers Market, with restaurants, shopping, and NJ Transit nearby.

Key Highlights

  • Legal 4‑family property with 7 bedrooms and 5 full baths
  • Unit mix: two 1‑bedroom, one 2‑bedroom, and one 3‑bedroom apartments
  • Kitchens and baths updated during 2023–2024

Property Analytics

Current Use

SuperLine Garage Door ... Building Supply

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Grocery & Convenience Store Electrical Service Pet Grooming Service Garden Center Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,972
Businesses Nearby

Demographics for 07901, NJ

24,199
Population
9,477
Households
2.6
Avg Household Size
40
Median Age
72%
College-Educated
96%
High-School Grad
6.3 sq mi
ZIP Area
3,841
Density / Sq Mi
$177,986
Median Household Income
$87,088
Median Earnings
$2,209
Median Rent
$958,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Four apartments combine modernized kitchens and baths with preserved Victorian architectural details.
Where is this quadplex located?
The property is located at 2 Hillside Ave Summit, NJ.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Legal 4‑family property with 7 bedrooms and 5 full baths; Unit mix: two 1‑bedroom, one 2‑bedroom, and one 3‑bedroom apartments; Kitchens and baths updated during 2023–2024
More about this property
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