-40 Prospect Street, Summit, NJ 07901

Summit
Local realty services provided by:Better Homes and Gardens Real Estate Murphy & Co.
-40 Prospect Street,Summit, NJ 07901
$1,700,000
Virtual Tour
  • 3 Beds
  • 2 Baths
  • 1,940 sq. ft.
  • Single family
  • Active
Listed by: senada grafas
Office: exp realty, llc.
MLS#:2607798R
Source:NJ_MCMLS

Price summary

  • Price:$1,700,000
  • Price per sq. ft.:$876.29

About this home

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

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Home facts

  • Year built:1923
  • Subdivision & Development:Canoe Brook
  • Listing ID #:2607798R
  • Added:300 day(s) ago
  • Updated:September 20, 2026 at 03:28 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:1
  • Half bathrooms:1
  • Rooms Total:7
  • Flooring:Carpet, Ceramic Tile, Wood
  • Dining Description:Formal Dining Room
  • Kitchen Description:Dishwasher, Eat-in Kitchen, Electric Range/Oven, Kitchen, Microwave, Range, Refrigerator
  • Basement Description:Daylight, Full, Laundry Facilities, Storage Space
  • Living area:1,940 sq. ft.

Heating and cooling

  • Cooling:Wall Unit(s), Window Unit(s)
  • Heating:Baseboard, Baseboard Hotwater, Radiant

Structure and exterior

  • Roof:Asphalt
  • Year built:1923
  • Building area:1,940 sq. ft.
  • Lot area:0.31 Acres
  • Architectural Style:Colonial
  • Exterior Features:Deck
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,700,000
  • Price per sq. ft.:$876.29
  • Tax amount:$15,037

Features and amenities

  • Appliances:Gas Water Heater, Refrigerator, Washer
  • Laundry features:Dryer, Washer
  • Amenities:Gas Water Heater

Parking

  • Parking description:1 Car Width, Detached
  • Garage:Yes
  • Garage spaces:2
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