Renovated Two-Unit
For Sale
$1,050,000
57 Morris Ave, Summit, NJ 07901
Each residence offers two levels, in-unit laundry, and private basement storage.
Property SizeContact for details
Days on Market46
Property Features for 57 Morris Ave
General Information
Standard status
Active
Total Parking Spaces
6
Property subtype
Multi Family Home
Net Operating Income
$9,999
Units
Unit Mix
2 x 3BR/1.5BA
Multifamily Units
2
Additional Details
Gross Income
$74,916
Public Transit
Yes
Tenant in Place
Yes
Amenities
in-unit laundry
separate storage space
Open Porch(es)
Building Details
Year Built
1908
Year Renovated
2024
Buildings
1
Units
2
Listing Agency:
Tverdov Housing
Listed By:
Peter Tverdov
(732) 344-0701
Source:
Culturaunitedrealty
Added: Sep 9
Changed: Oct 23
Last Checked: Oct 23 at 4:54PM
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 Tverdov Housing
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Investment Insights
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Renovated in 2024, this duplex contains two side-by-side residences, each arranged across two floors with three bedrooms and one-and-a-half bathrooms. Both units have in-unit laundry and separate basement storage. Updates include new kitchens with quartz countertops and appliances, replacement flooring and siding, and completed plumbing work. The kitchen and living area in each residence have an open layout.
Rear parking accommodates up to 6 cars. The property is half a mile from the hospital and a mile from downtown and the train station. Built in 1908, the duplex is currently rented.
Rear parking accommodates up to 6 cars. The property is half a mile from the hospital and a mile from downtown and the train station. Built in 1908, the duplex is currently rented.
Key Highlights
- Two side‑by‑side units, each with 3 bedrooms and 1.5 bathrooms
- Renovated in 2024, including plumbing, kitchens, flooring, and siding
- Each unit has in‑unit laundry and separate basement storage
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,282
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence offers two levels, in-unit laundry, and private basement storage.
Where is this duplex located?
The property is located at 57 Morris Ave Summit, NJ.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Two side‑by‑side units, each with 3 bedrooms and 1.5 bathrooms; Renovated in 2024, including plumbing, kitchens, flooring, and siding; Each unit has in‑unit laundry and separate basement storage
