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Property profile & analytics
OFF-MARKET
Specialty properties

436 Springfield Ave Summit, NJ 07901

9,290 SF Built 1900
Property ID
Property summary
AI-generated overview

This exceptional commercial property, located at 436 Springfield Ave in Summit, NJ (07901), offers 4,000 square feet of vacant space in a 9,290 square foot building. The property is a Class B building, constructed in 1900 and extensively renovated in 2022. Suites range from 1,500 to 4,000 contiguous square feet, with the possibility of combining second-floor spaces for a total of over 4,000 square feet. The building features two stories and is situated in the CB - Commercial Business District, offering convenient access to local amenities. The property is located near the intersection of Springfield Avenue and Maple Street, close to Summit's finest restaurants. While there is no on-site parking, the location provides easy access to public transportation and nearby parking options. The property is zoned for commercial business use and is ideal for a variety of office uses, including traditional, executive, coworking, medical, and creative office spaces. Annual property taxes are $5.24 per square foot. The building currently has a total of four suites. This is a fantastic opportunity to establish a presence in the vibrant downtown Summit area, a short train ride from New York Penn Station. Floor plans are available upon request.

Property profile
Verified
Property type Specialty properties
Year built 1900
Total area 9,290 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Pro Libra Associates Inc Employment Agency
  • Stamm Alternative Medicine Practice
  • Summit Creative Studios Photography Service (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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