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  • $1,020,000

    106 Park Ave, Summit City, NJ 07901

    7beds
    3,996sqft
    : 
    Multi Family
    Built in 1920
    -- sqft lot
    $1,009,400 Zestimate®
    $255/sqft
    $-- HOA

    What's special

    Well-maintained units
    Unlock the potential of this spacious 4-family home, perfect for investors or owner-occupants looking to generate rental income. This property features 6 bedrooms and 4.5 bathrooms across four well-maintained units, offering a mix of comfort and functionality for tenants.Situated in a desirable, high-demand rental area, this property is close to public transportation, schools, shopping, and dining options. The neighborhood is known for its safety, cleanliness, and strong rental market, ensuring consistent cash flow and long-term appreciation.Whether you're a seasoned investor or looking to start your portfolio, this property offers great income potential with room for value-add opportunities. Don't miss out on this rare chance to own a multi-family gem in a thriving community!
    28 days
    on Zillow
    |
    2,255
    |
    107
    |

    Zillow last checked: May 21, 2025 at 11:55pm

    Listing updated: April 24, 2025 at 08:18am

    Listed by:

    Xiaoxing Zhao 908-868-3372,

    Compass New Jersey, Llc

    Source: GSMLS,MLS#: 3958732MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 106 Park Ave.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 4.1
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Heating
    • 2 Units, Radiators - Steam, Natural Gas
    Cooling
    • Window Unit(s)
    Appliances
    • Included: Exhaust Fan, Range/Oven - Gas, Refrigerator, Kitchen Exhaust Fan, Range/Oven - Electric, Gas Water Heater
    Features
    • Bedrooms, Den, Eat-in Kitchen, Master Bedroom, Eat-In Kitchen, Family Room, Living Room
    • Basement: Yes,Full,Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 3,996
    • Total interior livable area: 3,996 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: 1 Car Width
    • Uncovered spaces: 3
    Features
    • Levels: 3-Three Story
    • Stories: 3
    Lot
    • Size: 3,049.2 Square Feet
    • Dimensions: 50 x 58
    • Features: Level
    Details
    • Parcel number: 2918040070000000030000

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Clapboard
    • Roof: Asphalt Shingle
    Condition
    • Year built: 1920

    Utilities & green energy

    • Gas: Gas-Natural
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Connected, Cable Available, Fiber Optic Available, Garbage Included

    Community & HOA

    Community
    • Security: Carbon Monoxide Detector(s), Smoke Detector(s), Carbon Monoxide Detector, Smoke Detector
    Location
    • Region: Summit

    Financial & listing details

    • Price per square foot: $255/sqft
    • Tax assessed value: $203,400
    • Annual tax amount: $8,860
    • Date on market: 4/24/2025
    • Total actual rent: 6900
    • Tenant pays: Electricity, Gas, Tenant Pays Electric, Tenant Pays Gas
    • Electric utility on property: Yes
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