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Summit, NJ Office Buildings for Sale

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Office Building
Updated: Jul 29
Office Building

47 River Rd, Summit, NJ 07901

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2,722 sqft
5,924 square feet office building at 47 River Rd, Summit, NJ 07901
For‑sale office property available now
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Downtown Commercial Redevelopment Opportunity
Updated: May 15, 2024
Downtown Commercial Redevelopment Opportunity

20 Franklin Pl, Summit, NJ

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12,765 sqft 0.94 AC lot
Rare opportunity for heavy commercial use in a downtown area.
Property consists of 4 buildings (3 occupied) totaling ±12,765 SF.
Zoned R5, allowing single‑family use and existing commercial uses to remain (CO'd).
Site offers a unique redevelopment opportunity (subject to local approval).
Lot size at ±1 acre.
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Based on your search, we've compiled 19 Potential Opportunities for your consideration. Besides 2 Active listings in Summit, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 9 Off-Market properties to explore as potential leads, 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.

Office Building
Office Building

210 Haven Avenue, Scotch Plains, NJ 07076

Contact for pricing
10,000 sqft

Commercial office building with a substantial amount of interior space.

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Freestanding Brick and Stone Building
Freestanding Brick and Stone Building

1790 Front St, Scotch Plains, NJ 07076

$625,000
1,800 sqft

Professional building with off-street parking; first floor delivered vacant.

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Historic Chatham Borough Mixed-Use Property
Historic Chatham Borough Mixed-Use Property

368 Main St, Chatham, NJ 07928

$925,000
2,455 sqft

Versatile building in downtown Chatham, zoned for office and residential.

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Main Street Corner Property
Main Street Corner Property

560 Main St, Chatham, NJ

Contact for pricing
6,600 sqft 0.38 AC lot

Premier location with redevelopment potential in Chatham Borough.

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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.

Three Unimproved Land Parcels
Three Unimproved Land Parcels

1561 Sussex Tpke, Randolph, NJ 07869

$525,000

Three land parcels with road frontage, suitable for development.

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Elevator-Served Specialty Property
Elevator-Served Specialty Property

51 W Prospect Street, East Brunswick, NJ 08816

Contact for pricing
6,000 sqft 0.50 AC lot

The property combines stucco construction with forced-air heat and zoned cooling.

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Office Building with Elevator
Office Building with Elevator

51 W Prospect Street, East Brunswick, NJ 08816

Contact for pricing
6,000 sqft 0.50 AC lot

Two-story commercial office property with parking, public utilities, and zoned cooling for flexible workspace configuration.

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Office Building with Elevator
Office Building with Elevator

51 W Prospect Street, East Brunswick, NJ 08816

$3,000,000
6,000 sqft 0.50 AC lot

OP1-zoned office property with accessible elevator service, public utilities, and a mix of laminate and wood flooring.

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Off-Market Properties in Summit, NJ

Consider similar Off-Market properties in Summit, NJ. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

137 Smt Ave
OFFICE BUILDING

137 Smt Ave, Summit, NJ 07901-2800

Estimated value:
$2,000,000
6,600 sqft 0.61 AC lot
View details
803 Springfield Ave
OFFICE BUILDING

803 Springfield Ave, Summit, NJ 07901-5110

Estimated value:
$2,385,000
4,220 sqft 0.46 AC lot
View details
573 Springfield Ave
OFFICE BUILDING

573 Springfield Ave, Summit, NJ 07901-4503

Estimated value:
$1,400,000
0.33 AC lot
View details
475 Springfield Ave
OFFICE BUILDING

475 Springfield Ave, Summit, NJ 07901-2600

Estimated value:
$6,275,000
22,410 sqft 0.17 AC lot
View details
7 Cedar St
OFFICE BUILDING

7 Cedar St, Summit, NJ 07901-2574

Estimated value:
$495,000
6,858 sqft 0.15 AC lot
View details
25 Franklin Pl
OFFICE BUILDING

25 Franklin Pl, Summit, NJ 07901-3616

Estimated value:
$390,000
2,473 sqft 0.24 AC lot
View details
422 Morris Ave
OFFICE BUILDING

422 Morris Ave, Summit, NJ 07901-1522

Estimated value:
$490,000
5,683 sqft 0.40 AC lot
View details
802 Old Springfield Ave
OFFICE BUILDING

802 Old Springfield Ave, Summit, NJ 07901-1130

Estimated value:
$370,000
2,531 sqft 0.27 AC lot
View details
575 Springfield Ave
OFFICE BUILDING

575 Springfield Ave, Summit, NJ 07901-4503

Estimated value:
$405,000
0.44 AC lot
View details

Summit, NJ Office Buildings Market Trends and Statistics

Explore 11 office buildings for sale in Summit, NJ on our real estate platform. These investment opportunities span a total of 15,487 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Office Units 10
Office buildings 4
Medical Office Space 2

Demographics Overview

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

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)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Union County

Office

Residential Income

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