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Residential Income For Sale

57 Morris Ave, Summit City, NJ 07901-3953

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Property Description

RARE chance for you to own a turnkey 2 family rental property in Summit!! This house was extensively renovated in 2024 and features two side by side units, each with 2 floors of living. Each unit has 3 beds 1.5 baths, both with in-unit laundry and both with their own separate storage space in the basement. All of the plumbing in the home was re-done, the kitchens are brand new with quartz countertops and new appliances. The floors are re-done and new. The siding is new. The open concept floor plan in the kitchen and living room is a rare feature to tenants. The parking in the rear is a huge selling point as it comfortably fits up to 6 cars. Currently rented out with a total annual rent of $74,916. Located half a mile from the hospital and a mile from downtown and the train station, when you add in the ranked schools in Summit this is the gem in your portfolio that you have been waiting for or maybe that opportunity to finally own in this amazing town! Do not delay, this will not last!

Basic Details
Property Type:
Residential Income
Listing Type:
For Sale
Listing ID:
4051387
Price:
$1,050,000
Year Built:
1908
Lot Area:
0.15 Acre
Status:
Active
Office Name:
TVERDOV HOUSING
Agent Name:
PETER TVERDOV
Full Bathrooms:
2
Roof:
Asphalt Shingle
Features
Heating System:
Radiators - Steam, 2 Units
Cooling System:
Window A/C(s), 2 Units
Basement:
Full
Architectural Style:
Duplex-Side by Side
Exterior Features:
Open Porch(es)
Sewer:
Public Sewer
Utilities:
Gas In Street
Address Map
Country:
US
State:
NJ
County:
Union
City:
Summit City
Zipcode:
07901-3953
Street:
Morris Ave
Street Number:
57
Longitude:
W75° 39' 25.2''
Latitude:
N40° 42' 46.8''
Directions:
On Morris Ave
Additional Information
Lot Size Dimensions:
.150
Water Source:
Private
Number Of Units Total:
2
Financial
Tax Annual Amount:
8468
Listing Information
List Agent Mls Id:
309479
List Office Mls Id:
5787
Mls Status:
Active
Modification Timestamp:
2026-09-09T07:55:22Z
Originating System Name:
gsmls
Residential Income For Sale
Listing ID:
4051387
Lot Area:
0.15 Acre
$1,050,000
Agent info
Contact Agent

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