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    Summit, NJ
    Retail

    Summit, NJ Retail Space for Sale

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    Chatham, NJ New Providence, NJ Springfield, NJ Millburn, NJ Chatham Twp, NJ Mountainside, NJ Madison, NJ Westfield, NJ
    Street-Level Retail Space
    Updated: Oct 1
    Street-Level Retail Space

    440 Springfield Ave, Summit, NJ 07901

    Contact for pricing
    Street‑level retail space in a pedestrian‑oriented downtown district
    Municipal parking garage behind the property
    Surrounded by retail, dining, and service businesses
    Built in 1900
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Summit, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Retail Storefront Investment
    Retail Storefront Investment

    321 Millburn Ave, Millburn, NJ 07041

    $4,550,000
    14,626 sqft

    Retail property offered for sale with a reported 7.00% cap rate.

    View details
    Equipped Ski Shop Storefront
    Equipped Ski Shop Storefront

    1253 Springfield Ave, New Providence, NJ 07974

    $449,000
    1,500 sqft

    Retail storefront business with ski inventory, rental equipment, and an established seasonal rental program.

    View details
    Downtown Mixed-Use Property
    Downtown Mixed-Use Property

    36 South Street, New Providence, NJ 07974

    Contact for pricing
    8,263 sqft

    Central Commercial District setting within New Providence’s walkable downtown commercial core.

    View details
    Freestanding Mixed-Use Building
    Freestanding Mixed-Use Building

    393 Millburn Ave, Millburn, NJ 07041

    Contact for pricing

    B4 central business zoning permits retail, office, showroom, and instructional studio uses.

    View details

    Summit, NJ Retail Space Market Trends and Statistics

    Explore 1 retail space for sale in Summit, NJ on our real estate platform.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Storefront properties 5
    Auto shops 1
    Automotive properties 1

    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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