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40 Prospect Street

Summit, NJ 07901
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$1,700,000 $7,167/Mo
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Bed 3

Bed

Bath 2

Bath

SqFt1,940

Sqft

Acres0.31

Acre(Lot)

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

Detail Ic Property Details

Property Type : Residential

Price : $1,700,000

AD Id : 69347370

MLS Id : 2607798R

Beds : 3

Lot Size : 0.31 Acre

Living Area Size : 1,940

Year Built : 1923

Garage : 2

County : Union

Subdivision: Cable Square

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Feature Features

  • Bedroom Information

    Total beds: 3

    Bathroom Information

    Total Baths: 2 Full Baths: 1 Half Baths: 1

    Room Information

    Rooms Total: 7 Has Basement: Yes Basement: Full, Daylight, Storage Space

  • Flooring Information

    Carpet, Ceramic Tile, Wood

  • Roofing Information

    Asphalt

  • Interior Features

    Entrance Foyer, Storage Roof: Asphalt Appliances: Electric Oven, Electric Range, Dishwasher, Dryer, Microwave, Refrigerator, Range, Washer, Gas Water Heater, Water Heater Laundry Features: In Basement

  • Heating & Cooling

    Has Heating: Yes Heating: Baseboard, Radiant Has Cooling: Yes Cooling: Wall Unit(s), Window Unit(s)

  • Building Information

    Year Built: 1923 Building Area Total: 1940 Construction Materials: Wood Siding Stories: 2 Patio And Porch Features: Deck Private Pool: No

  • Lot Information

    Lot Dimensions: 0.00 x 0.00 Main Square Feet: 0.31 Acres Lot Size Acres: 0.31 Lot Size Square Feet: 13504 Lot Description: See Remarks

    Property Information

    Subdivision: Canoe Brook Source Property Type: Residential Property SubType: Single Family Residence Levels: Two Property Age: 103

  • Listing Price Information

    Listing Price: $1700000

  • Tax Information

    Parcel Number: 1803202000000020 Tax Year: 2024 Annual Tax: $15037

  • Parking Information

    Garage, Detached

    Garage Information

    Has Garage: Yes Garage Space: 2

  • Utility Information

    Electricity Connected, Natural Gas Connected, Natural Gas Available

  • Location Information

    Direction: Use gps WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
40 Prospect Street, Summit, NJ, 07901 $1,700,000 3 2 1,940 1,940 SqFt

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ByOwner last updated this listing 06/17/2026 @ 09:26

MLS: 2607798R LISTED BY: SENADA GRAFAS, EXP REALTY, LLC SOURCE: Central Jersey MLS

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