53 Summit Ave, Summit City, NJ 07901
sale
$2,100,000
|
Other
Courtesy Of Keller Williams Realty Premier Properties of Westfield
Positioned in the heart of Downtown Summit, this exceptional corner mixed-use property presents a rare opportunity to acquire a premier investment in one of New Jersey's most desirable and vibrant downtown districts. The property features three residential apartments on the second level including one one-bedroom residence and two studio apartments complemented by commercial space on the ground floor.The lower level offers expansive flexible space with direct exterior access, creating additional potential for storage, operations, creative workspace, or supplemental use opportunities. Residential tenants enjoy a dedicated private entrance from Franklin Place.Ideally situated just steps from the Summit Parking Garage, NJ Transit train station with direct service to New York City, boutique shopping, acclaimed dining, and everyday conveniences, the property benefits from exceptional visibility, strong pedestrian traffic, and a highly walkable commuter-centric location. The luxury townhome development along Franklin Place further enhances the long-term appeal and investment potential of this dynamic downtown corridor.Ideal for investors seeking stable mixed-use income, an owner-user desiring a flagship downtown presence, or a developer, this offering represents a unique opportunity within Summit commercial market.
Read More About This Property
Read Less About This Property
Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Property Features
- Architecture Style: Other
- Building Units: 5
- Cooling System: Multi Units
- Cooling System: Central Air
- Exterior Type: Brick
- Exterior Type: Block
- Floor Covering: Wood
- Floor Covering: Tile
- Floor Covering: Carpet
- Floor Covering: Concrete
- Floors: 2
- Heating System: Baseboard
- Heating System: Hot Water (Heating)
- MLSID: 4032916
- Roof Type: Asphalt
- Roof Type: Shingle
- Rooms: Basement
Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.