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Under contract
    • $1,050,000

    57 Morris Ave, Summit City, NJ 07901

    6beds
    2,000sqft
    : 
    $7,397/mo
    Get pre-qualified
    Multi Family
    Built in 1908
    -- sqft lot
    $1,128,600 Zestimate®
    $525/sqft
    $-- HOA

    What's special

    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.
    25 days
    1,648
    116

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Peter Tverdov 732-344-0701,

    Tverdov Housing

    Source: GSMLS,MLS#: 4051387MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 2.2
      • Full bathrooms: 2
      • 1/2 bathrooms: 2
      Heating
      • 2 Units, Radiators - Steam, Natural Gas
      Cooling
      • 2 Units, Window Unit(s)
      Appliances
      • Included: Dishwasher, Dryer, Microwave, Range/Oven - Gas, Refrigerator, Washer, Microwave Oven
      • Laundry: Laundry Room
      Features
      • Bedrooms, Eat-in Kitchen, Living Room, Sunroom, Eat-In Kitchen
      • Basement: Yes,Full
      • Has fireplace: No
      Interior area
      • Total structure area: 2,000
      • Total interior livable area: 2,000 sqft

      Property

      Parking
      • Total spaces: 6
      • Parking features: Additional Parking, Crushed Stone
      • Uncovered spaces: 6
      Features
      • Patio & porch: Open Porch(es), Porch
      Lot
      • Size: 6,534 Square Feet
      • Dimensions: .150
      Details
      • Parcel number: 2918040090000000300000

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Vinyl Siding
      • Roof: Asphalt Shingle
      Condition
      • Year built: 1908

      Utilities & green energy

      • Gas: Gas In Street
      • Sewer: Public Sewer
      • Water: Private
      • Utilities for property: Gas In Street

      Community & HOA

      Location
      • Region: Summit

      Financial & listing details

      • Price per square foot: $525/sqft
      • Tax assessed value: $281,000
      • Annual tax amount: $8,468
      • Date on market: 9/9/2026
      • Total actual rent: 6243
      • Tenant pays: Electricity, Gas, Tenant Pays Heat, Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Water

        Estimated market value

        $1,128,600

        $1.07M - $1.19M

        $3,167/mo

        Price history

        DateEventPrice
        9/24/2026Pending sale$1,050,000$525/sqft
        Source: GSMLS #4051387 Report a problem
        9/9/2026Listed for sale$1,050,000+61.5%$525/sqft
        Source: GSMLS #4051387 Report a problem
        9/6/2024Sold$650,000$325/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$8,250 $189,400
        2024$8,250 +0.7%$189,400
        2023$8,195 +1%$189,400
        2022$8,112 -0.8%$189,400
        2021$8,176 -1.1%$189,400
        2020$8,267 +0.6%$189,400
        2019$8,214 -0.6%$189,400
        2018$8,267 +1.5%$189,400
        2017$8,146 +2%$189,400
        2016$7,987 +9%$189,400 +6.2%
        2015$7,329 +1.1%$178,400
        2014$7,247 +6.1%$178,400
        2012$6,831 +2.4%$178,400
        2011$6,670 +4.2%$178,400
        2010$6,403 +4.5%$178,400
        2009$6,128 $178,400
        2008-- $178,400
        2007$5,898 $178,400
        2006-- $178,400
        2005-- $178,400
        2004-- $178,400
        2003-- $178,400
        2002-- $178,400 +5.6%
        2001-- $168,900
        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.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 07901

        Getting around

        68 / 100
        Somewhat Walkable
        30 / 100
        Some Transit
        37 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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