40 Prospect Street Summit, NJ 07901
Listing Courtesy of: MONMOUTH IDX / eXp Realty

  40 Prospect Street Summit, NJ 07901

Active (2 Days)
$1,700,000 (USD)
3
BED
2
BATH
1,940
SQFT

Description

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.Photos coming soon - strictly ''AS IS'' sale, buyer responsible for C/O

MLS #:
22535176
Taxes
$15,037(2024)
Lot Size
0.31 acres
Type
Single-Family Home
Year Built
1923
Style
Colonial
County
Union County

Listed By

Senada Grafas, eXp Realty
Source
MONMOUTH IDX
Last checked Nov 23 2025 at 9:28 PM GMT+0000
Bathroom Details
  • Full Bathroom: 1
  • Half Bathroom: 1
Interior Features
  • Attic
Subdivision
  • Canoe Brook
Property Features
  • Fireplace: Yes
Heating and Cooling
  • Multi Units
Exterior Features
  • Roof: Shingle
Utility Information
  • Sewer: Public Sewer
  • Fuel: Forced Air
Stories
  • 2.0
Living Area
  • 1,940 sqft
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
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Interest rate
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Mortgage calculator estimates are provided by Coldwell Banker Real Estate LLC and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Copyright 2025 Monmouth IDX MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 11/23/25 13:28