40 PROSPECT ST, SUMMIT CITY, NJ 07901

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40 PROSPECT ST, SUMMIT CITY, NJ 07901

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40 Prospect St
Summit City, NJ 07901

$1,700,000

Beds: 3

Baths: 1 | 1

Sq. Ft.: 1,940

Type: House

Listing #3999057

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

Property Features

Location Information

County: Union

Community Living: No

Latitude: 40.713

Longitude: -74.36334

Directions: Use GPS

Interior Features

Total Rooms: 7

1/2 Baths: 1

Kitchen Description: Eat-In Kitchen, Separate Dining Area

Has Fireplace: Yes

Number of Fireplaces: 1

Fireplace Description: Living Room, Wood Burning

Heating: Radiators - Hot Water

Heating Fuel: Gas-Natural

Cooling: Wall A/C Unit(s)

Water Heater: Gas

Appliances: Cooktop - Electric, See Remarks

Basement Description: Unfinished

Has Basement: Yes

Exterior Features

Style: Colonial

Exterior: Deck

Siding: CedarSid, WoodShng

Roof: Asphalt Shingle

Sewer: Public Sewer

Water: Public Water

Utilities: Electric, Gas-Natural

Has Garage: Yes

Garage Spaces: 2

Driveway: Driveway-Exclusive

Lot Size: .310

Lot Size in Acres: 0.31

Garage Description: Detached Garage

Additional Information

Property Type: SFR

Property SubType: Single Family

Year Built: 1923

Status: Active

Senior Community: No

Tax Amt / Rate / Rate Yr / Yr: 15036 / 4.356 / 2025 / 2024

Tax Year: 2024

Tax Amount: $15,036

Days On Market: 1

$ per month
Year Fixed. % Interest Rate.

Principal + Interest:	$
Monthly Tax:	$
Monthly Insurance:	$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Listing Courtesy of EXP REALTY, LLC

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GSMLS (Agent IDX) data last updated at November 25, 2025, 12:31 AM ET

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