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Susan Maryanski

Operator | Opulent Living | Keller Williams City Life

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40 Prospect St , Summit City, NJ 07901
$1,700,000
Est. Payment: $8,651.65/mo
3 Bed
1.5 Bath
1940 Sqft
Status: pending | Days on site: 240
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Susan Maryanski
Operator

House Description

Introducing 40 Prospect Street - a rare opportunity in the heart of the highly desirable Summit, NJ! This longstanding 3BR/1.5BA colonial sits on an oversized lot and is ready for complete modern renovation / rebuild! Positioned in a quiet tree-lined neighborhood, this home is just minutes from downtown Summit and its restaurants, shopping, and direct rail service to NYC via NJ Transit. This property offers a combination of prime location, property size, top-rated schools, and more in one of Union County's most sought-after neighborhoods. To all homeowners and homebuilders, this is truly one with plenty of potential for its next chapter. Strictly ''AS IS'' sale, buyer responsible for C/O

Highlights

Listed by SENADA GRAFAS , MP EXP REALTY, LLC , 866-201-6210. Garden State MLS

Property Type

Residential

Lot/Acreage
0.31

Year Built

1923

County

Union

Listing ID

3999057

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:3
  • Bathrooms:1.5
  • Full Bathrooms:1
  • 1/2 Bathrooms:1
Appliances:Cooktop - Electric, See Remarks
Air Cond:Wall A/C Unit(s)
Fireplaces:Living Room,Wood Burning
Basement:Unfinished
Other:Public Water

Exterior Features

Lot Dimensions:.310
Roof:Asphalt Shingle
Others:Deck,CedarSid,WoodShng,Driveway-Exclusive
Sewer:Public Sewer
Parking Features:Detached Garage
Principal Interest
$8,652
Taxes
$1,253

Home Price

$1,700,000

Loan Details

30 yrs
6.562%

Down Payment

20%
$340,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$8,651.65

Principal

Taxes

Principal Taxes HOA Total
Monthly $8,651.65 $1,253.00 $0.00 $9,904.65
Yearly $103,819.84 $15,036.00 $0.00 $118,855.84
Total $3,114,595.09 $451,080.00 $0.00 $3,565,675.09

Today's Rates

30 Year

6.56%

20 Year

6.5%

15 Year

6%

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Market insight data is pulled from the same city as the listing being viewed (Summit City, NJ).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Garden State MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-07-21T22:38:21.000Z

© 2026 Garden State MLS