53 Summit Ave #53
Summit, NJ 07901
Studio
3 Baths
4,200 sqft
Studio
3 Baths
4,200 sqft
Local Information
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Description
Positioned in the heart of Downtown Summit, this exceptional corner mixed-use property presents a rare opportunity to acquire a premier investment in one of New Jersey's most desirable and vibrant downtown districts. The property features three residential apartments on the second level including one one-bedroom residence and two studio apartments complemented by commercial space on the ground floor.The lower level offers expansive flexible space with direct exterior access, creating additional potential for storage, operations, creative workspace, or supplemental use opportunities. Residential tenants enjoy a dedicated private entrance from Franklin Place.Ideally situated just steps from the Summit Parking Garage, NJ Transit train station with direct service to New York City, boutique shopping, acclaimed dining, and everyday conveniences, the property benefits from exceptional visibility, strong pedestrian traffic, and a highly walkable commuter-centric location. The luxury townhome development along Franklin Place further enhances the long-term appeal and investment potential of this dynamic downtown corridor.Ideal for investors seeking stable mixed-use income, an owner-user desiring a flagship downtown presence, or a developer, this offering represents a unique opportunity within Summit commercial market.
Home Highlights
Parking
None
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$500
Listed
Less than a day ago
Home Details for 53 Summit Ave #53
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MLS Status: Coming Soon |
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Interior Details Basement: Yes,Partially Finished,Full,Storage Space,Walk-Out Access |
Beds & Baths Number of Bathrooms: 3 |
Dimensions and Layout Living Area: 4200 Square Feet |
Appliances & Utilities Utilities: Electricity Connected, Natural Gas Connected |
Heating & Cooling Heating: 4+ Units,Baseboard - Hotwater,Natural GasHas CoolingAir Conditioning: 1 Unit,Central Air,Wall Unit(s)Has HeatingHeating Fuel: 4 Units |
Gas & Electric Gas: Gas-NaturalHas Electric on Property |
Windows, Doors, Floors & Walls Door: Max Door Height: 0, Number of Doors: 0Flooring: Carpet, Concrete, Tile, Wood |
Levels, Entrance, & Accessibility Stories: 2Number of Stories: 2Floors: Carpet, Concrete, Tile, Wood |
Security Security: Smoke Detector(s), Fire Sprinkler System |
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Exterior Home Features Roof: Asphalt Shingle |
Parking & Garage Parking: None |
Water & Sewer Sewer: Public Sewer |
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Days on Market: <1 day on Trulia |
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Property Type / Style Property Type: ResidentialProperty Subtype: Apartment |
Building Building: Restrooms - Private, Storage Area(s)Construction Materials: Brick/BlockAttached To Another Structure |
Property Information Usage of Home: Mixed Use, Mixed Use BuildingIncluded in Sale: Building & LandParcel Number: 2918034010000000030000 |
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Price List Price: $2,100,000Price Per Sqft: $500 |
Status Change & Dates Possession Timing: Negotiable |
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Direction & Address City: Summit City |
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Listing Agent Listing ID: 4032916 |
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Building Area Building Area: 4200 Square Feet |
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Lot Area: 2613.6 sqft |
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BasementMls Number: 4032916Attribution Contact: 908-477-1010 |
Last check for updates: about 6 hours ago
Listing courtesy of Barbara Lewis, (908) 477-1010
Keller Williams Realty
Source: GSMLS, MLS#4032916
Also Listed on GSMLS.
Market trends in Summit
Last updated April 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
42 11MoM
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Assigned Schools
These are the assigned schools for 53 Summit Ave #53.
- Primary Center At Wilson
- PK-K
- Public
- 202 Students
NAGreatSchools RatingParent Rating AverageThis school blew me away! Wonderful, wonderful, wonderful. I have a 6 year old future rocket scienctist and a 4 year old in the special ed program at Wilson. My oldest has learned to read in a short few months...I hear things like this in the car now, "mom, does that say 'Bank of America'?" Wow. I remember in 2nd grade learing "cat, mat, sat"...but my K student has learned so much. My younger child in the Special Ed program has improved leaps and bounds. The only thing I can say about this school is that they do things right. I would not change a thing. The principle is wonderful, caring, engaged, a true asset to the school. A great place to go to school.Parent Review15y ago - Summit Sr High School
- 9-12
- Public
- 1161 Students
9/10GreatSchools RatingParent Rating AverageI think this school is fantastic and that the greatschools.com rating is misleading. Sports and coaches here are top notch. If you’re looking for really good academics along with excellent sports, this is your school. They consistently send students to top tier college programs for DIV I in a range of sports and are consistently competing for the Tournament of Champions in boys and girls sports.Other Review6y ago - L C Johnson Summit Middle School
- 6-8
- Public
- 942 Students
8/10GreatSchools RatingParent Rating AverageCurrently, there is one girls bathroom open and almost all the boys bathrooms are open.Student Review3mo ago - Lincoln Hubbard Elementary School
- 1-5
- Public
- 328 Students
9/10GreatSchools RatingParent Rating AverageGreat school with excellent teachers. Class sizes have gone up but there is still availability of computer room, art class room, .. Principal reaches out to teachers, staff and parents.Parent Review15y ago 
Check out schools near 53 Summit Ave #53.
What Locals Say about Summit
At least 243 Trulia users voted on each feature.
91 % Say it's dog friendly
82 % Say people would walk alone at night
82 % Say there's holiday spirit
79 % Say car is needed
76 % Say it's walkable to restaurants
75 % Say kids play outside
74 % Say yards are well-kept
73 % Say parking is easy
71 % Say it's quiet
70 % Say there are sidewalks
66 % Say they plan to stay for at least 5 years
62 % Say streets are well-lit
61 % Say there's wildlife
61 % Say there are community events
58 % Say neighbors are friendly
42 % Say it's walkable to grocery stores
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Barbara Lewis, Keller Williams Realty
Agent Phone: (908) 477-1010
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.
Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.
Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.
53 Summit Ave #53, Summit, NJ 07901 is a studio, 3 bathroom, 4,200 sqft apartment. This property is currently available for sale and was listed by GSMLS on Jun 8, 2026. The MLS # for this home is MLS# 4032916.