Home for Sale at 40 Prospect St in Summit City, NJ for $1,700,000

Listing data updated November 24, 2025 - 1:42pm
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40 Prospect St | Summit City

$1,700,000 | 3 Beds | 2 Baths (1 Full, 1 Half) | 1,940 Sq. Ft.

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 GSMLS 3999057

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MLS Listing ID: 
GSMLS 3999057
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Status (Local): 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$1,700,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Residential
Property Sub Type: 
Single Family Detached
Primary Market Area: 
Summit City
Address: 
40 Prospect St, Summit City, NJ 07901-2522, U.S.A.
County: 
Union
Latitude: 
40.7130000
Longitude: 
-74.3633400
Directions: 
Use GPS
Public Remarks: 
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
Building Details
Details about the building on a property.
Architectural Style: 
Colonial
Year Built: 
1923
New Construction: 
0
Living Area: 
1,940
Basement: 
Unfinished
Fireplaces: 
Yes
Construction
Roof: 
Asphalt Shingle
Exterior: 
Wood Shingle
Exterior Features: 
Deck
Energy Information: 
Electric, Gas-Natural
Porch: 
No
Deck: 
Yes
Room Details
Details about the rooms in the building.
Total Rooms: 
7
Total Bedrooms: 
3
Total Bathrooms: 
2
Total Full-Bathrooms: 
1
Total Half-Bathrooms: 
1
Utilities
Information about utilities available on the property.
Heating System: 
Radiators - Hot Water
Heating System Fuel: 
Gas-Natural
Cooling System: 
Wall A/C Unit(s)
Water Heating System: 
Gas
Water Source: 
Public Water
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.31
Lot Size (Dimensions): 
.310
Waterfront: 
0
Lot Features
Driveway: 
Driveway-Exclusive
Parking Type: 
Driveway-Exclusive
Total Parking Spaces: 
0
Garage: 
Detached Garage
Fence: 
No
Public Record
Parcel Number: 
2918-03202-0000-00020-0000-
Lot Number: 
20
Annual Tax: 
$15,036.00
Contract Details
Details about the listing contract.
Possession: 
At Closing
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
EXP REALTY, LLC

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