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Summit, NJ Residential Income Properties for Sale

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Chatham, NJ Springfield, NJ New Providence, NJ

6 results

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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$1,195,000

0.14 Acres

Summit City Duplex For Sale

718 Springfield Ave, Summit, NJ 07901

Rare duplex in prime Summit location near shops and transportation.

Prime location in Summit, known for its vibrant downtown and top‑rated schools.
Rare two‑family duplex, ideal for investors or owner‑occupants.
Each side features 4 bedrooms and 1.5 baths.
Walk‑out basements provide additional space.
Ample off‑street parking and a circular driveway.

Updated: May 9

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$1,775,000

0.31 Acres

Four-Unit Multifamily Home in Summit

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

23 EUCLID AVENUE, Summit, NJ 07901

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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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$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

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$1,025,000

1,900 SF

Luxury Downtown Summit Townhome

Refined townhome near NYC train, restaurants, shops, and schools.

82 Franklin Pl 9, Summit, NJ 7901

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Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 6 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.

$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

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$689,900

0.09 Acres

Multi-Family Home with Fenced Yard

Two-story multi-family home with updates and income potential.

3 Laurel Ave, Maplewood, NJ 07040

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Versatile Mixed-Use Property in Millburn

$1,500,000

1,950 SF

Versatile Mixed-Use Property in Millburn

Mixed-use property with storefront and residential unit in Millburn.

95 Main St, Millburn, NJ 07041

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Updated Multi-Family Near Millburn Schools

$1,599,000

0.18 Acres

Updated Multi-Family Near Millburn Schools

Renovated two-family home near schools, downtown, and NYC trains.

23 Blaine St, Millburn, NJ 07041

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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.

$3,500,000

6.37 Acres

Scotch Plains Development Opportunity

6.37 acres in Scotch Plains, endless development potential.

401 Acacia Road, Scotch Plains, NJ 07076

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$2,400,000

Land with Development Potential

Large lot suitable for subdivision in a desirable location.

549 Jerusalem, Scotch Plains, NJ 07076

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Development Opportunity Overlooking Golf Course

$1,900,000

1.47 Acres

Development Opportunity Overlooking Golf Course

Rare 1.47-acre development site with golf course views.

1 Pierson Rd, Maplewood, NJ 7040

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$2,300,000

5.44 Acres

Chatham Township Land Opportunity

7 acre parcel ideal for small farm or subdivision.

685 Shunpike Rd, Chatham Twp, NJ 07935

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Summit, NJ Residential Income Properties Investment Opportunities Market Analysis

Explore 6 residential income properties for sale in Summit, NJ, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 11,221 square feet of properties for sale, with an estimated market value of $6,913,000.

Sale prices for residential income properties in Summit, NJ start at $1,025,000, averaging $1,728,250, 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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6-Month New Listing Trend

Monthly new listing volume vs. 6-month average in Summit.

Top Commercial Asset Segments

Demographics Overview

Population 25K

Population Growth (5Y) +5.0%

Median Household Income $177,986

College Educated 54.3%

High-Yield Neighborhoods for Strategic Investment

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

Neighborhood	Average Price
07901	$1.7M

Taxes & Financing

Tax Rate (average for all types) 4.36%

Property Tax per SF $36.37 per sq ft

Average Loan-to-Value 65.0%

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Summit, NJ Residential Income Properties for Sale