Victorian Quadplex with Updated
New
For Sale
$1,800,000
2 Hillside Avenue, Summit, NJ 07901
MULTI_FAMILY - Summit, NJ
Property SizeContact for details
Days on Market1
Property Features for 2 Hillside Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
7
Bathrooms
5
Full bathrooms
5
Rooms
Bedroom 5, Bedroom 7, Bathroom 1, Bathroom 4, Basement, Bedroom 3, Bathroom 5, Bedroom 2, Bathroom 2, Bedroom 1, Bedroom 4, Bathroom 3, Bedroom 6
Basement
Unfinished
Subdivision
Summit
Standard status
Active
Utilities
Cooling system
None (Cooling)
Amenities
shared pay-per-use laundry
detached garage
covered front porch
Listing Agency:
Keller Williams Realty Metropolitan
(973) 539-1120
Listed By:
Ian Wolf
(201) 825-1266
Added: Aug 13
Last Checked: Aug 13 at 2:06PM
MLS# 26030677
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Investment Insights
Based on property information with market context.
This 1890 Victorian property contains four apartments totaling 7 bedrooms and 5 full baths. The unit mix includes two 1-bedroom apartments, one 2-bedroom apartment, and one 3-bedroom apartment. Kitchens and bathrooms were updated during 2023-2024, while original details remain, including stained glass, decorative fireplaces, and a covered front porch. Three apartments have tenants under leases extending into 2027, and the remaining 1-bedroom apartment is owner occupied.
Each apartment includes dedicated basement storage and one off-street parking space. The property also features a detached garage, shared pay-per-use laundry, an approximately 5-year-old boiler, two 2020 water heaters, and an approximately 10-year-old roof. Tenants pay their own electric and contribute a monthly charge toward other building utilities.
Located at 2 Hillside Avenue, the property is .3 miles from downtown Summit and across the street from the Farmers Market, with NJ Transit, restaurants, and shopping nearby.
Each apartment includes dedicated basement storage and one off-street parking space. The property also features a detached garage, shared pay-per-use laundry, an approximately 5-year-old boiler, two 2020 water heaters, and an approximately 10-year-old roof. Tenants pay their own electric and contribute a monthly charge toward other building utilities.
Located at 2 Hillside Avenue, the property is .3 miles from downtown Summit and across the street from the Farmers Market, with NJ Transit, restaurants, and shopping nearby.
Key Highlights
- Four‑apartment 1890 Victorian with 7 bedrooms and 5 full baths
- Unit mix includes two 1‑bedroom, one 2‑bedroom, and one 3‑bedroom apartment
- Kitchens and baths updated during 2023‑2024
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,972
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Four apartments combine renovated kitchens and baths with original architectural details and practical resident storage.
Where is this quadplex located?
The property is located at 2 Hillside Avenue 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: Four‑apartment 1890 Victorian with 7 bedrooms and 5 full baths; Unit mix includes two 1‑bedroom, one 2‑bedroom, and one 3‑bedroom apartment; Kitchens and baths updated during 2023‑2024
