LOCATION! LOCATION! 716-718 Springfield Ave is a RARE two-family duplex ideally situated in a prime location in Summit, known for its vibrant downtown, top-rated schools, and convenient access to major transportation. Each side of this property offers a spacious and functional layout featuring 4 bedrooms, 1.5 baths and hardwood floors. Walk-out basements provide additional space with flexible potential for storage, recreation, or future finishing. The property is complemented by ample off-street parking and a circular driveway, offering ease and convenience for multiple occupants. Perfectly positioned near Summit's shops, dining, parks, and NYC commuter routes, this is an outstanding opportunity for investors or owner-occupants seeking both lifestyle and long-term value. Property being sold in AS IS condition.
Active
$1,195,000
718 Springfield Ave, Summit City, NJ 07901
4beds
2,800sqft
Est.:
Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
$427/sqft
$-- HOA
What's special
Ample off-street parkingCircular drivewayHardwood floorsWalk-out basementsSpacious and functional layout
- 2 days |
- 1,242 |
- 35 |
Zillow last checked:
Listing updated:
Listed by:
Shorouq Z. Matari 973-800-7007,
Top Value Realty
Source: GSMLS,MLS#: 4026415
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 1.1
- Full bathrooms: 1
- 1/2 bathrooms: 1
Heating
- See Remarks, Natural Gas
Cooling
- Window Unit(s)
Appliances
- Included: See Remarks
Features
- High Ceilings, See Remarks, Attic, Bedrooms, Dining Room, Eat-in Kitchen, Family Room, Eat-In Kitchen
- Flooring: Carpet, Tile, Wood
- Doors: Storm Door(s)
- Basement: Yes,Partially Finished,Full,Walk-Out Access
- Has fireplace: No
Interior area
- Total structure area: 2,800
- Total interior livable area: 2,800 sqft
Property
Parking
- Total spaces: 4
- Parking features: 1 Car Width, Circular Driveway
- Uncovered spaces: 4
Features
- Patio & porch: Deck, Enclosed Porch(es), Porch
- Exterior features: See Remarks, Sidewalk
- Fencing: Partial
Lot
- Size: 6,098.4 Square Feet
- Dimensions: .145
- Features: Backs to Park Land
Details
- Parcel number: 2918029010000000220000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- See Remarks
- Roof: Asphalt Shingle
Utilities & green energy
- Gas: Gas-Natural
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & HOA
Community
- Security: Smoke Detector
Location
- Region: Summit
Financial & listing details
- Price per square foot: $427/sqft
- Tax assessed value: $233,000
- Annual tax amount: $10,417
- Date on market: 5/9/2026
- Exclusions: Tenants personal items
- Total actual rent: 6400
- Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/9/2026 | Listed for sale | $1,195,000+102.5%$427/sqft |
Source:  GSMLS #4026415 Report a problem | ||
| 10/27/2021 | Sold | $590,000$211/sqft |
Source: GSMLS #3729626 Report a problem | ||
| 7/23/2021 | Listed for sale | $590,000+136%$211/sqft |
Source: GSMLS #3729626 Report a problem | ||
| 4/16/2018 | Listing removed | $2,345$1/sqft |
Source: Hawthorne #3452349 Report a problem | ||
| 4/4/2018 | Price change | $2,345-4.3%$1/sqft |
Source: Hawthorne #3452349 Report a problem | ||
| 3/9/2018 | Listed for rent | $2,450-1%$1/sqft |
Source: Hawthorne #3452349 Report a problem | ||
| 2/23/2017 | Listing removed | $2,475$1/sqft |
Source: Hawthorne #3363339 Report a problem | ||
| 2/9/2017 | Listed for rent | $2,475$1/sqft |
Source: Hawthorne #3363339 Report a problem | ||
| 8/13/1998 | Sold | $250,000$89/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,149 | $233,000 |
| 2024 | $10,149 +0.7% | $233,000 |
| 2023 | $10,082 +1% | $233,000 |
| 2022 | $9,979 -0.8% | $233,000 |
| 2021 | $10,059 -1.1% | $233,000 |
| 2020 | $10,170 +0.6% | $233,000 |
| 2019 | $10,105 -0.6% | $233,000 |
| 2018 | $10,170 +1.5% | $233,000 |
| 2017 | $10,021 +2% | $233,000 |
| 2016 | $9,826 +2.7% | $233,000 |
| 2015 | $9,572 +1.1% | $233,000 |
| 2014 | $9,464 +6.1% | $233,000 |
| 2012 | $8,922 +2.4% | $233,000 |
| 2011 | $8,712 +4.2% | $233,000 |
| 2010 | $8,362 +4.5% | $233,000 |
| 2009 | $8,004 | $233,000 |
| 2008 | -- | $233,000 |
| 2007 | $7,703 | $233,000 |
| 2006 | -- | $233,000 |
| 2005 | -- | $233,000 |
| 2004 | -- | $233,000 |
| 2003 | -- | $233,000 |
| 2002 | -- | $233,000 |
| 2001 | -- | $233,000 |
Find assessor info on the county website
Monthly payment
Est. payment
$7,916/mo
Principal & interest
$5875
Property taxes
$2041
More affordability tools
Climate risks
Neighborhood: 07901
Nearby schools
GreatSchools rating
- NAPrimary Center At WilsonGrades: PK-KDistance: 0.2 mi
- 8/10L C Johnson Summit Middle SchoolGrades: 6-8Distance: 1 mi
- 9/10Summit Sr High SchoolGrades: 9-12Distance: 0.7 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- New Jersey
- Union County
- Summit
- 07901
- 718 Springfield Ave
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