It really doesn't get better than this! Rare legal 4-family investment property just .3 miles from the heart of downtown Summit, offering an exceptional combination of location, character, and income potential. This stately 1890 Victorian features 7 bedrooms and 5 full baths across four apartments: two 1-bedroom units, one 2-bedroom unit and one 3-bedroom unit. Three units are tenant occupied with leases extending into 2027, while the owner-occupied 1-bedroom has a projected market rent of approximately $2,100. Kitchens and baths throughout were updated in 2023-2024, blending modern finishes with the home's original Victorian character. Tenants pay their own electric plus a monthly utility charge toward other building utilities. Each apartment has dedicated basement storage and one off-street parking space. Additional highlights include a detached garage, shared pay-per-use laundry, approximately 5-year-old boiler, two 2020 water heaters and approximately 10-year-old roof. Period details, including decorative fireplaces (as-is), stained glass and a beautiful covered front porch, add to the appeal. An extraordinarily convenient location just moments from Summit's vibrant downtown, NJ Transit, restaurants, shopping, Farmers Market (across the street) and more. A truly special opportunity in one of Summit's most desirable locations. Please note that some of the interior apartment photos have been digitally altered to remove tenants' belongings. Fire Places are as-is.
Under contract
$1,800,000
2 Hillside Ave, Summit City, NJ 07901
7beds
4,239sqft
Multi Family
Built in 1890
-- sqft lot
$-- Zestimate®
$425/sqft
$-- HOA
What's special
- 52 days
- 689
- 41
Zillow last checked:
Listing updated:
Listed by:
Kevin Karcich 973-539-1120,
Keller Williams Metropolitan,
Ian A. Wolf
Source: GSMLS,MLS#: 4046563
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 5
- Full bathrooms: 5
Heating
- 1 Unit, Baseboard - Electric, Radiators - Steam, Natural Gas
Cooling
- Window Unit(s)
Appliances
- Included: Dishwasher, Microwave, Range/Oven - Gas, Refrigerator, Microwave Oven, Gas Water Heater
Features
- See Remarks, Walk-In Closet(s), Bedrooms, Kitchen, Living Room, Pantry, Master Bedroom, Dining Room, Eat-In Kitchen, Ceiling Fan(s)
- Flooring: Tile, Wood
- Windows: Thermal Windows/Doors, Skylight(s)
- Basement: Yes,Bilco-Style Door,Unfinished,Walk-Out Access
- Has fireplace: No
Interior area
- Total structure area: 4,239
- Total interior livable area: 4,239 sqft
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: 2 Car Width, Asphalt, Off Street, Detached Garage
- Garage spaces: 1
- Uncovered spaces: 4
Features
- Patio & porch: Deck, Open Porch(es)
- Exterior features: Curbs, Sidewalk
Lot
- Size: 7,405 Square Feet
- Dimensions: 80 x 93
- Features: Corner Lot, Level
Details
- Parcel number: 2918019030000000120000
- Zoning description: R-10
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Stone, Vinyl Siding
- Roof: Asphalt Shingle
Condition
- Year built: 1890
- Major remodel year: 2024
Utilities & green energy
- Gas: Gas-Natural
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Cable Available
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s), Carbon Monoxide Detector, Smoke Detector, Fire Alarm Sys
- Subdivision: Northside
Location
- Region: Summit
Financial & listing details
- Price per square foot: $425/sqft
- Tax assessed value: $399,300
- Annual tax amount: $17,852
- Date on market: 8/15/2026
- Total actual rent: 8200
- Tenant pays: Electricity, Gas, Tenant Pays Heat, Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Water
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/18/2026 | Pending sale | $1,800,000$425/sqft |
Source:  GSMLS #4046563 Report a problem | ||
| 8/13/2026 | Listed for sale | $1,800,000+64185.7%$425/sqft |
Source:  NJMLS #26030677 Report a problem | ||
| 4/17/2025 | Listing removed | $2,750$1/sqft |
Source:  GSMLS #3954142 Report a problem | ||
| 4/1/2025 | Listed for rent | $2,750$1/sqft |
Source: GSMLS #3954142 Report a problem | ||
| 1/1/2024 | Sold | $2,800-99.8%$1/sqft |
Source: Agent Provided Report a problem | ||
| 12/28/2022 | Sold | $1,250,000+13.6%$295/sqft |
Source: GSMLS #3761785 Report a problem | ||
| 10/10/2022 | Pending sale | $1,100,000$259/sqft |
Source: GSMLS #3761785 Report a problem | ||
| 9/30/2022 | Contingent | $1,100,000$259/sqft |
Source: GSMLS #3761785 Report a problem | ||
| 9/1/2022 | Listing removed | -- |
Source:  Weichert Pro Report a problem | ||
| 8/31/2022 | Contingent | $1,100,000$259/sqft |
Source: GSMLS #3761785 Report a problem | ||
| 5/20/2022 | Listed for sale | $1,100,000$259/sqft |
Source: GSMLS #3761785 Report a problem | ||
| 4/1/2022 | Listing removed | -- |
Source: Weichert Pro Report a problem | ||
| 2/5/2022 | Listed for sale | $1,100,000$259/sqft |
Source: GSMLS #3761785 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $17,394 | $399,300 |
| 2024 | $17,394 +0.7% | $399,300 |
| 2023 | $17,278 +1% | $399,300 |
| 2022 | $17,102 -0.8% | $399,300 |
| 2021 | $17,238 -1.1% | $399,300 |
| 2020 | $17,429 +0.6% | $399,300 |
| 2019 | $17,318 -0.6% | $399,300 |
| 2018 | $17,429 +1.5% | $399,300 |
| 2017 | $17,174 +2% | $399,300 |
| 2016 | $16,838 +2.7% | $399,300 |
| 2015 | $16,403 +1.1% | $399,300 |
| 2014 | $16,220 +6.1% | $399,300 |
| 2012 | $15,289 +2.4% | $399,300 |
| 2011 | $14,930 +4.2% | $399,300 |
| 2010 | $14,331 +4.5% | $399,300 |
| 2009 | $13,716 | $399,300 |
| 2008 | -- | $399,300 |
| 2007 | $13,201 | $399,300 |
| 2006 | -- | $399,300 |
| 2005 | -- | $399,300 |
| 2004 | -- | $399,300 |
| 2003 | -- | $399,300 |
| 2002 | -- | $399,300 |
| 2001 | -- | $399,300 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 07901
Nearby schools
Schools provided by the listing agent
- Elementary: Lincoln-hubbard
- Middle: Summit Ms
- High: Summit Hs
Source: GSMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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