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Susan Maryanski

Operator | Opulent Living | Keller Williams City Life

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57 Morris Ave , Summit City, NJ 07901
$1,050,000
Est. Payment: $5,730.28/mo
6 Bed
3 Bath
0.15 Acres
Status: under contract | Days on site: 15
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Susan Maryanski
Operator

House 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! Owner is a licensed real estate broker of record. Best and final offers due Saturday September 19th before 6pm.

Highlights

Listed by PETER TVERDOV , HP TVERDOV HOUSING , 732-344-0701. Garden State MLS

Property Type

Multi-Family

Lot/Acreage
0.15

Year Built

1908

County

Union

Listing ID

4051387

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:6
  • ▪ Bathrooms:3
  • ▪ Full Bathrooms:2
  • ▪ 1/2 Bathrooms:2
Air Cond:2 Units,Window A/C(s)
Fireplaces:
Basement:Full
Water:Private

Exterior Features

Lot Dimensions:.150
Roof:Asphalt Shingle
Others:
  • ▪ Additional:Open Porch(es), Vinyl Siding, Additional Parking, Crushed Stone
Sewer:Public Sewer
Principal Interest
$5,730
Taxes
$706

Home Price

$1,050,000

Loan Details

30 yrs
7.25%

Down Payment

20%
$210,000
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:
$5,730.28

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,730.28 $705.67 $0.00 $6,435.95
Yearly $68,763.37 $8,468.00 $0.00 $77,231.37
Total $2,062,901.07 $254,040.00 $0.00 $2,316,941.07

Today's Rates

30 Year

7.25%

20 Year

7.06%

15 Year

6.58%

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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: 2026-10-22T18:59:28.000Z

© 2026 Garden State MLS