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!
Active
$1,020,000
106 Park Ave, Summit City, NJ 07901
7beds
3,996sqft
Est.:
Multi Family
Built in 1920
-- sqft lot
$1,009,400 Zestimate®
$255/sqft
$-- HOA
What's special
Well-maintained units
- 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#: 3958732

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
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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