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    Summit, NJ Multifamily Properties for Sale

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    Newark, NJ Paterson, NJ Trenton, NJ
    Summit City Multifamily Investment Opportunity
    $1,900,000
    4,300 SF

    Summit City Multifamily Investment Opportunity

    57 Park Ave, Summit, NJ 07901

    Multifamily property in Summit City with value-add potential.

    • Value‑add opportunity to create a 6th unit from existing basement layout (subject to approvals and zoning).
    • Prime Summit location, minutes from downtown, shopping, dining, and major transportation.
    • Strong rental demand area ensures consistent occupancy.
    • Five existing units: two 1‑bedroom and three 2‑bedroom apartments.
    • Solid and diverse rental mix with strong income potential.
    Updated: Mar 23
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    Four-Unit Multifamily Home in Summit
    $1,775,000
    0.31 Acres

    Four-Unit Multifamily Home in Summit

    23 EUCLID AVENUE, Summit, NJ 07901

    Sun-filled, well-maintained four-unit multifamily home in the heart of Summit.

    • Four‑unit multifamily home in a highly desirable Summit location.
    • Strong investment potential as a rental property or renovation project.
    • Flexible layout suitable for investors, owner‑occupants, or contractors.
    • Multiple units with kitchens, living rooms, bedrooms, and full baths.
    • Abundant natural light throughout all units.
    Updated: Oct 27, 2025
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    Summit Multifamily Investment Opportunity
    $2,100,000
    4,300 SF

    Summit Multifamily Investment Opportunity

    Five residential units in prime Summit location with value-add potential.

    57 Park Ave, Summit, NJ 7901
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    Sun-Filled Multifamily Home in Summit
    $1,888,000
    721 SF

    Sun-Filled Multifamily Home in Summit

    Well-maintained four-unit multifamily home near Summit Train Station.

    24 Franklin Place, Summit, NJ 7901
    View details
    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 4 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.

    Maplewood Multi-Family with Solar Panels
    $699,900
    0.09 Acres

    Maplewood Multi-Family with Solar Panels

    Two-story multi-family home with solar panels and fenced yard.

    3 Laurel Ave, Maplewood, NJ 07040
    View details
    Maplewood Mixed-Use Corner Property
    $2,250,000
    4,736 SF

    Maplewood Mixed-Use Corner Property

    Fully leased mixed-use property in Maplewood Village with income potential.

    171 Maplewood Ave, Maplewood, NJ 07040
    View details
    Spacious Two-Family Home Near Transportation
    $789,000

    Spacious Two-Family Home Near Transportation

    Two-family home near transportation with income potential.

    832 Dewey Street, Union, NJ 7083
    View details
    Union Multifamily Property For Sale
    $758,000

    Union Multifamily Property For Sale

    Multifamily property in Union, NJ, available for purchase.

    304 Concord Avenue, Union, NJ 7083
    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.

    Brooklyn Two-Family Home with Development Potential
    $1,888,888
    0.10 Acres

    Brooklyn Two-Family Home with Development Potential

    Two-family home on a large lot with significant development potential.

    69 Martense Street, Brooklyn, NY 11226
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    Flatbush Development Property For Sale
    $1,249,000
    1,407 SF

    Flatbush Development Property For Sale

    40 x 100 lot with R6, C1-2 zoning.

    14 E 32nd Street lot: 13, Brooklyn, NY 11226
    View details
    Land Near Camelback Resort
    Contact for pricing
    0.18 Acres

    Land Near Camelback Resort

    Open lot near Camelback, suitable for RV, tiny home, or mobile.

    250 Big Hill Pass, Scotrun, PA 18355
    View details
    Expansive Land with Garage Structure
    $750,000
    75.32 Acres

    Expansive Land with Garage Structure

    75.32 acres of land featuring a 2,480 SF garage.

    545 Grape Hollow Road, Holmes, NY 12531
    View details

    Summit, NJ Multifamily Properties Investment Opportunities Market Analysis

    Explore 4 multifamily properties for sale in Summit, NJ, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 9,321 square feet of properties for sale, with an estimated market value of $5,888,000.

    Sale prices for multifamily properties in Summit, NJ start at $1,888,000, averaging $1,962,666, and reaching up to $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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    Operating Costs & Financing

    Average Loan-to-Value is 65.0%.

    Effective Property Tax $36.37 per sq ft
    Tax Rate 4.36%
    Avg Loan-to-Value 65.0%

    New Listings Trend, 12 Mo

    Number of new listings by month over the past year in Summit.

    Leading Commercial Asset Segments

    Quadplexes 3
    Apartment buildings 2
    Duplexes 1

    Summit Demographics Overview

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

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