24 Franklin Pl, Summit City, NJ 07901
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24 Franklin Pl, Summit City, NJ 07901
24 Franklin Pl, Summit City, NJ 07901
24 Franklin Pl, Summit City, NJ 07901
24 Franklin Pl, Summit City, NJ 07901
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24 Franklin Pl Summit City, NJ 07901

6 Beds

5 Baths

3,712 SqFt


UPDATED:

Key Details

Property Type Multi-Family, Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 3,712 sqft

Price per Sqft $470

Subdivision Northside Downtown

MLS Listing ID 4017192

Style 3-Three Story

Bedrooms 6

Full Baths 5

Year Built 1898

Annual Tax Amount $16,354

Tax Year 2025

Lot Size 0.270 Acres

Property Description

Welcome to a sun-filled & well-maintained four-unit multifamily home w/ 4 vacant units, can possibly be converted to 5 units or converted to Condo! Zoned TH3, great potential, a front lawn & backyard, located in heart of Summit, short walk to Summit Train Station & Downtown. Ideal for owners/renters who commute to Manhattan, Wall Street, etc. The Summit schools are highly rated & among the Best. The 1st flr has 2 one-bedrm apartment units. Unit A has 1 bedroom, 1 bath, & 1 living room sun drenched by panoramic bay-window. The living room & bedroom are separated by a French door. These rooms are spacious. Apartment B has one bedroom, one living room, a bath & one large kitchen w/ large dining area. The entire 2nd floor is a newly remodeled 3 bedr00m unit w/ a huge living room, ideal for owner occupancy or rental. The spaciously remodeled kitchen, the new wood floors In living room & spacious 3 bedrooms add to the charm of this beautiful unit. The coffered ceiling adds to the beauty of this unit. 2 baths, 3 bedroom rental units are rare & valuable in Summit, commanding premium rents. On the 3rd floor is the remodeled 4th unit w/new HW floors. The bedrm is & living room is spacious. The new kitchen has new appliances. This building commands premium rents due to proximity to train station & downtown. The 8 parking spaces bring in additional income, commuters prefer to rent the assigned spaces. Possible conversion to 5 units & condo plans drawn up by architect. Great Potential!

Location

State NJ

County Union

Zoning Residential

Rooms

Basement Full, Unfinished

Interior

Interior Features Blinds, Carbon Monoxide Detector, Carpeting, Fire Extinguisher, High Ceilings, Smoke Detector, Tile Floors, Wood Floors

Heating Electric, Gas-Natural

Cooling Window A/C(s)

Heat Source Electric, Gas-Natural

Exterior

Exterior Feature Aluminum Siding

Utilities Available Electric, Gas-Natural

Roof Type Asphalt Shingle, Flat

Building

Lot Description Level Lot

Sewer Public Sewer

Water Public Water

Architectural Style 3-Three Story

Schools

Elementary Schools Lincoln-Hubbard

Middle Schools Summit Ms

High Schools Summit Hs

Others

Senior Community No


Garden State MLS(GSMLS)
Listed by WEICHERT REALTORS

Nearby Locations

Evghenia Berzan

Evghenia Berzan

Agent | License ID: 1541796

+1(908) 787-2128

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24 Franklin Pl