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    Summit, NJ Mixed-use Properties for Sale

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    Corner Mixed-Use Building
    Updated: Jun 10
    Corner Mixed-Use Building

    53 Summit Ave, Summit, NJ 07901

    $2,100,000
    Corner mixed‑use building in Downtown Summit with ground‑floor commercial space
    Three residential apartments on the second level: one 1‑bedroom and two studio apartments
    Lower level offers expansive flexible space with direct exterior access
    Residential tenants have a dedicated private entrance from Franklin Place
    Located steps from the Summit Parking Garage and NJ Transit train station with direct service to New York City
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Summit, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Mixed-Use Property with Income Potential
    Mixed-Use Property with Income Potential

    2504 Plainfield Avenue, Scotch Plains, NJ 07076

    $1,875,000
    4,032 sqft

    Versatile commercial property with office, warehouse, and yard space.

    View details
    Mixed-Use Building in Westfield
    Mixed-Use Building in Westfield

    228 Saint Paul St, Westfield, NJ 07090

    $1,099,000
    3,000 sqft 0.23 AC lot

    Mixed-use building with dental practice and apartment in Westfield.

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    Two-Story Mixed-Use Building
    Two-Story Mixed-Use Building

    2376 MOUNTAIN AVE Unit N/A, Scotch Plains, NJ 07076

    $1,200,000
    5,000 sqft

    Well-maintained two-story mixed-use building with separate front and rear entrances, plus basement storage and attic space.

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    Renovated Mixed-Use Property
    Renovated Mixed-Use Property

    348 SOUTH AVE EAST Unit 0000, Westfield, NJ 07090

    $900,000
    2,000 sqft

    Renovated mixed-use building with a salon on the first floor and a two-bedroom apartment above.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Approved Land Parcel For Sale
    Approved Land Parcel For Sale

    206 Brookdale Avenue, Newark, NJ 07106

    $1,400,000

    Land parcel approved for 30 units, shovel ready.

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    Commercial Land with Development Potential
    Commercial Land with Development Potential

    1594 Maple Ave, Hillside, NJ 07205

    $599,900

    Land with frontage in RC Zone, development possibilities.

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    Buildable Mixed-Use Development Lot
    Buildable Mixed-Use Development Lot

    510 SO Orange Ave, Newark, NJ 07103

    $295,000
    0.06 AC lot

    Buildable lot with plans for a five-unit mixed-use building, ready to proceed once permits are issued.

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    Development Opportunity in University Heights
    Development Opportunity in University Heights

    295 Morris Ave, Newark, NJ 07103

    $1,600,000

    Approved for 27 units and 5,500 SF commercial space.

    View details

    Summit, NJ Mixed-Use Properties Market Trends and Statistics

    Explore 1 mixed-use properties for sale in Summit, NJ on our real estate platform.

    Sale prices for multi use buildings in Summit, NJ average $2,100,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Live-work space 1

    Demographics Overview

    Population 25K
    Population Growth (5Y) +5.0%
    Median Household Income $177,986
    College Educated 54.3%

    High-Yield Neighborhoods for Investment

    Identify Summit submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    07901 $2.1M

    Taxes & Financing

    Tax Rate (average for all types) 4.36%
    Property Tax per SF $36.37 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Union County

    New Delisted

    Total CRE Inventory on Market (SF)

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