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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
    4,200 sqft
    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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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    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 Building with Loft Residences
    Mixed-Use Building with Loft Residences

    97 Baker St 999, Maplewood, NJ 07040

    $3,900,000
    12,000 sqft

    Downtown mixed-use property combines commercial suites with loft-style residential units near NJ Transit.

    View details
    Mixed-Use Building with Loft Residences
    Mixed-Use Building with Loft Residences

    97 Baker St #999, Maplewood, NJ 07040

    $3,900,000
    12,016 sqft

    RB-zoned property combines multiple commercial spaces with loft-style residences near the Maplewood train station.

    View details
    Mixed-Use Brick Live-Work Building
    Mixed-Use Brick Live-Work Building

    95 Main St, Millburn, NJ 07041

    $1,500,000
    1,950 sqft

    Brick detached mixed-use building with an active storefront on the main level and a 2-bedroom residence above.

    View details
    Freestanding Mixed-Use Building
    Freestanding Mixed-Use Building

    393 Millburn Ave, Millburn, NJ 07041

    Contact for pricing

    B4 central business zoning permits retail, office, showroom, and instructional studio uses.

    View details

    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.

    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.

    View details
    Commercial Land with Development Plans
    Commercial Land with Development Plans

    510 SO Orange Ave, Newark, NJ 07103

    $295,000
    0.06 AC lot

    Plans envision a mixed-use building, with public sewer identified for the site.

    View details
    Two Adjacent Development Land Parcels
    Two Adjacent Development Land Parcels

    20-22 Washington Ave, Belleville, NJ 07109

    $850,000
    0.12 AC lot

    Two adjacent Belleville Township parcels offer a larger building footprint for ground-up development concepts.

    View details
    Commercial Development Parcel
    Commercial Development Parcel

    Morris Plains, NJ 07950

    $899,900

    Deep commercial parcel with front-area wetlands and multiple development concepts subject to approvals.

    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. These investment opportunities span a total of 4,200 square feet of properties for sale, with an estimated market value of $2,100,000.

    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)

    How Realmo verifies these figures

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