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  • $1,800,000

    2 Hillside Ave, Summit City, NJ 07901

    7beds
    4,239sqft
    : 
    $11,246/mo
    Get pre-qualified
    Multi Family
    Built in 1890
    -- sqft lot
    $-- Zestimate®
    $425/sqft
    $-- HOA

    What's special

    It really doesn't get better than this! Rare legal 4-family investment property just .3 miles from the heart of downtown Summit, offering an exceptional combination of location, character, and income potential. This stately 1890 Victorian features 7 bedrooms and 5 full baths across four apartments: two 1-bedroom units, one 2-bedroom unit and one 3-bedroom unit. Three units are tenant occupied with leases extending into 2027, while the owner-occupied 1-bedroom has a projected market rent of approximately $2,100. Kitchens and baths throughout were updated in 2023-2024, blending modern finishes with the home's original Victorian character. Tenants pay their own electric plus a monthly utility charge toward other building utilities. Each apartment has dedicated basement storage and one off-street parking space. Additional highlights include a detached garage, shared pay-per-use laundry, approximately 5-year-old boiler, two 2020 water heaters and approximately 10-year-old roof. Period details, including decorative fireplaces (as-is), stained glass and a beautiful covered front porch, add to the appeal. An extraordinarily convenient location just moments from Summit's vibrant downtown, NJ Transit, restaurants, shopping, Farmers Market (across the street) and more. A truly special opportunity in one of Summit's most desirable locations. Please note that some of the interior apartment photos have been digitally altered to remove tenants' belongings. Fire Places are as-is.
    2 days
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    892
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    44
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    Zillow last checked:

    Listing updated:

    Listed by:

    Kevin Karcich 973-539-1120,

    Keller Williams Metropolitan,

    Ian A. Wolf

    Source: GSMLS,MLS#: 4046563MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 7
      • Bathrooms: 5
      • Full bathrooms: 5
      Heating
      • 1 Unit, Baseboard - Electric, Radiators - Steam, Natural Gas
      Cooling
      • Window Unit(s)
      Appliances
      • Included: Dishwasher, Microwave, Range/Oven - Gas, Refrigerator, Microwave Oven, Gas Water Heater
      Features
      • See Remarks, Walk-In Closet(s), Bedrooms, Kitchen, Living Room, Pantry, Master Bedroom, Dining Room, Eat-In Kitchen, Ceiling Fan(s)
      • Flooring: Tile, Wood
      • Windows: Thermal Windows/Doors, Skylight(s)
      • Basement: Yes,Bilco-Style Door,Unfinished,Walk-Out Access
      • Has fireplace: No
      Interior area
      • Total structure area: 4,239
      • Total interior livable area: 4,239 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 4
      • Parking features: 2 Car Width, Asphalt, Off Street, Detached Garage
      • Garage spaces: 1
      • Uncovered spaces: 4
      Features
      • Patio & porch: Deck, Open Porch(es)
      • Exterior features: Curbs, Sidewalk
      Lot
      • Size: 7,405 Square Feet
      • Dimensions: 80 x 93
      • Features: Corner Lot, Level
      Details
      • Parcel number: 2918019030000000120000
      • Zoning description: R-10

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Stone, Vinyl Siding
      • Roof: Asphalt Shingle
      Condition
      • Year built: 1890
      • Major remodel year: 2024

      Utilities & green energy

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

      Community & HOA

      Community
      • Security: Carbon Monoxide Detector(s), Smoke Detector(s), Carbon Monoxide Detector, Smoke Detector, Fire Alarm Sys
      • Subdivision: Northside
      Location
      • Region: Summit

      Financial & listing details

      • Price per square foot: $425/sqft
      • Tax assessed value: $399,300
      • Annual tax amount: $17,852
      • Date on market: 8/15/2026
      • Total actual rent: 8200
      • Tenant pays: Electricity, Gas, Tenant Pays Heat, Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Water
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/13/2026Listed for sale$1,800,000+64185.7%$425/sqft
        Source: NJMLS #26030677 Report a problem
        4/17/2025Listing removed$2,750$1/sqft
        Source: GSMLS #3954142 Report a problem
        4/1/2025Listed for rent$2,750$1/sqft
        Source: GSMLS #3954142 Report a problem
        1/1/2024Sold$2,800-99.8%$1/sqft
        Source: Agent Provided Report a problem
        12/28/2022Sold$1,250,000+13.6%$295/sqft
        Source: GSMLS #3761785 Report a problem
        10/10/2022Pending sale$1,100,000$259/sqft
        Source: GSMLS #3761785 Report a problem
        9/1/2022Listing removed--
        Source: Weichert Pro Report a problem
        8/31/2022Contingent$1,100,000$259/sqft
        Source: GSMLS #3761785 Report a problem
        5/20/2022Listed for sale$1,100,000$259/sqft
        Source: GSMLS #3761785 Report a problem
        4/1/2022Listing removed--
        Source: Weichert Pro Report a problem
        2/5/2022Listed for sale$1,100,000$259/sqft
        Source: GSMLS #3761785 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$17,394 $399,300
        2024$17,394 +0.7%$399,300
        2023$17,278 +1%$399,300
        2022$17,102 -0.8%$399,300
        2021$17,238 -1.1%$399,300
        2020$17,429 +0.6%$399,300
        2019$17,318 -0.6%$399,300
        2018$17,429 +1.5%$399,300
        2017$17,174 +2%$399,300
        2016$16,838 +2.7%$399,300
        2015$16,403 +1.1%$399,300
        2014$16,220 +6.1%$399,300
        2012$15,289 +2.4%$399,300
        2011$14,930 +4.2%$399,300
        2010$14,331 +4.5%$399,300
        2009$13,716 $399,300
        2008-- $399,300
        2007$13,201 $399,300
        2006-- $399,300
        2005-- $399,300
        2004-- $399,300
        2003-- $399,300
        2002-- $399,300
        2001-- $399,300
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 07901

        Getting around

        91 / 100
        Walker's Paradise
        45 / 100
        Some Transit
        47 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Lincoln-hubbard
        • Middle: Summit Ms
        • High: Summit Hs

        Source: GSMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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