Advertise
    Summit, NJ
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Property Types
    1
    • Retail
    • Office
    • Residential Income
    • Restaurants
    • Industrial
    • Warehouse
    • Mixed-Use
    • Hospitality
    • Health Care
    • Sports & Entertainment
    • Land
    • Agricultural
    • Parking & Garage
    • Specialty
    Price
    Price
    $
    $

    Summit, NJ Residential Income Properties for Sale

    Notify Me
    List
    Map
    Chatham, NJ Springfield, NJ New Providence, NJ
    Two-Family Duplex with Walk-Out Basements
    $1,195,000
    0.14 Acres
    Two-Family Duplex with Walk-Out Basements

    718 Springfield Ave, Summit, NJ 07901

    Each unit features four bedrooms, hardwood floors, and walk-out basement space alongside off-street parking for flexible living.
    • Two‑family duplex at 716‑718 Springfield Ave in Summit (AS IS sale)
    • Each unit offers 4 bedrooms and 1.5 baths with hardwood floors
    • Walk‑out basements on each side provide additional usable space
    • Carpeting, tile floors, and high ceilings throughout
    • Exterior features include a deck, porch, enclosed porches, and partial fencing
    Updated: May 9
    View details
    Four-Unit Multifamily Building
    $1,775,000
    0.31 Acres
    Four-Unit Multifamily Building

    23 EUCLID AVENUE, Summit, NJ 07901

    Sun-filled four-unit layout provides multiple living options for investors or owner-occupants.
    • Four‑unit multifamily home with a mix of layouts across the main level and Units 2, 3, and 4
    • Year built 1896 with high ceilings and interior details including tile, vinyl‑linoleum, and wood floors
    • Heating includes steam, baseboard, and hot water systems
    • Outdoor features include a patio, partially fenced yard, and sidewalk
    • Multiple rooms/baths including 5 bedrooms and 5 bathrooms across the property
    Updated: Oct 27, 2025
    View details
    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

    View details
    Summit Duplex in Prime Location
    $1,195,000
    Summit Duplex in Prime Location

    Two-family duplex in Summit near shops, dining, parks, and transportation.

    718 Springfield Ave, Summit, NJ 7901

    View details
    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 13 Potential Opportunities for your consideration. Besides 5 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.

    New Providence Two-Family Home
    $599,000
    New Providence Two-Family Home

    Meticulously maintained two-family home in desirable New Providence location.

    77 Livingston Ave, New Providence, NJ 7974

    View details
    Well-Maintained Two-Unit Home
    $950,000
    Well-Maintained Two-Unit Home

    Two-unit home in New Providence, NJ near downtown.

    166 1st St, New Providence, NJ 7974

    View details
    Historic Mixed-Use Office & Apartments
    $1,499,000
    3,667 SF
    Historic Mixed-Use Office & Apartments

    Downtown mixed-use building with office space, two apartments, and 22 on-site parking spaces.

    331 Main St, Chatham, NJ 7928

    View details
    Historic Chatham Borough Mixed-Use Property
    $925,000
    2,455 SF
    Historic Chatham Borough Mixed-Use Property

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

    368 Main St, Chatham, NJ 7928

    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.

    Scotch Plains Development Opportunity
    $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

    View details
    Land with Development Potential
    $2,400,000
    Land with Development Potential

    Large lot suitable for subdivision in a desirable location.

    549 Jerusalem, Scotch Plains, NJ 07076

    View details
    Single-Family Residential Land Parcel
    $2,300,000
    5.44 Acres
    Single-Family Residential Land Parcel

    Level residential land package with public utilities available in-street and access via a partially paved roadway.

    685 Shunpike Rd, Chatham Twp, NJ 07935

    View details
    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

    View details

    Summit, NJ Residential Income Properties Market Trends and Statistics

    Explore 5 residential income properties for sale in Summit, NJ, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 13,521 square feet of properties for sale, with an estimated market value of $7,988,000.

    Sale prices for residential income properties in Summit, NJ start at $1,888,000, averaging $1,997,000, 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.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Multifamily properties 8
    Duplexes 3
    Quadplexes 3
    Apartment buildings 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 $1.7M

    Taxes & Financing

    Tax Rate (average for all types) 4.36%
    Property Tax per SF $36.37 per SF
    Average Loan-to-Value 65.0%

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Popular Searches in Summit, NJ

    Popular Categories

    Most Searched ZIP Codes in Summit, NJ

    • 07901

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!