Courtesy: WEICHERT REALTORS
973-376-4545
Welcome to a sun-filled & well-maintained four-unit multifamily home with 3 vacant units, (can be delivered fully vacant), a front lawn & backyard, located in the heart of Summit, a short walk to Summit Train Station & Downtown. Ideal for owners/renters who commute to Manhattan, Wall Street, etc. The Summit schools are highly rated & among the Best. The 1st floor has 2 one-bedroom apartment units. Unit A has one bedroom, one bath, & one living room sun drenched by panoramic bay-window. The living room & bedroom are separated by a French door. These rooms are spacious. Apartment B has one bedroom, one living room, a bath & one large oversized kitchen w/ large dining area. The entire 2nd floor is a newly remodeled 3 bedroom unit w/ a huge living room, ideal for owner occupancy or rental. The spaciously remodeled kitchen, the new wood floors In living room & spacious 3 bedrooms add to the charm of this beautiful unit. The coffered ceiling adds to the beauty of this unit. 2 bathrooms, 3 bedroom rental units are rare & valuable in Summit, commanding premium rents. On the 3rd floor is the remodeled 4th unit w/new HW floors. The bedroom is comfortable & the living room is spacious. The new kitchen has new appliances. This building commands premium rents due to proximity to train station & downtown. The 8 parking spaces bring in additional income, commuters prefer to rent the assigned spaces. Possible conversion to 5 units & condo plans drawn up by architect. Great Potential!!!
Courtesy: SERHANT NEW JERSEY LLC
973-315-5959
Welcome to 23 Euclid Avenue, a sun-filled and well-maintained four-unit multifamily home located in the heart of Summit. This property presents a unique opportunity for investors, owner-occupants or contractors seeking to enhance/expand value in an exceptional neighborhood. From the moment you arrive, the property's inviting presence and timeless design set the tone for what lies within. The main level offers a generous layout that includes a bright kitchen, dining room, living room, comfortable bedroom and full bath. Sunlight moves naturally through each room, creating a welcoming atmosphere. Units 2 and 3 each include a kitchen, living room, bedroom and full bath. These spaces are well-suited for those looking to generate income, provide independent accommodations or enjoy additional flexibility. The top floor, Unit 4, is the largest of the four and features two spacious bedrooms, a kitchen, living room and full bath. Its elevated position fills the interior with natural light and offers a comfortable and functional layout with room to customize or modernize. For those seeking a property with strong investment potential, 23 Euclid Avenue delivers. It can continue as a well-performing rental asset or serve as the foundation for a renovation project that blends classic architecture with contemporary improvements. With its ideal location and flexible layout, 23 Euclid Avenue represents a rare chance to invest in a property in one of the most sought after locations in Summit.
Summit is located in New Jersey. Summit, New Jersey has a population of 22,598. Summit is more family-centric than the surrounding county with 49.92% of the households containing married families with children. The county average for households married with children is 34.03%.
The median household income in Summit, New Jersey is $151,505. The median household income for the surrounding county is $87,369 compared to the national median of $69,021. The median age of people living in Summit is 39.7 years.
The average high temperature in July is 85.4 degrees, with an average low temperature in January of 19.2 degrees. The average rainfall is approximately 50.5 inches per year, with 25.1 inches of snow per year.
