53 Summit Ave, Summit, NJ 07901

This corner mixed-use property combines commercial and residential components with a lower level designed for flexible use. The ground floor includes commercial space, while the second level provides three residential apartments: one one-bedroom unit and two studio apartments. A dedicated private entrance is provided for residential tenants from Franklin Place. The lower level offers expansive flexible space with direct exterior access, which can support storage, operations, creative workspace, or supplemental uses depending on the tenant or buyer’s plan.

Located in the heart of Downtown Summit at 53 Summit Ave, the property is positioned within a walkable commuter setting. It is described as being just steps from the Summit Parking Garage and the NJ Transit train station, which offers direct service to New York City. Surrounding amenities include boutique shopping and dining, along with everyday conveniences that serve both residents and commuters.

The configuration can fit a range of ownership and operating approaches, including investors seeking mixed-use income, an owner-user looking for a downtown presence with residential support, or a developer considering adaptability for ground-floor commerce and a lower-level space plan. Residential access is separated from the commercial entry experience, and the direct exterior access to the lower level supports practical, operational flexibility.