2 Hillside Ave Summit, NJ 07901
Summit AreaEstimated payment $11,420/month
Highlights
- 3 Car Detached Garage
- Living Room
- Baseboard Heating
- L C Johnson Summit Middle School Rated A+
- Dining Room
About This Home
It really doesn't get better than this! Rare legal 4-family investment property just .3 miles from the heart of downtown Summit, offering an exceptional combination of location, character, and income potential. This stately 1890 Victorian features 7 bedrooms and 5 full baths across four apartments: two 1-bedroom units, one 2-bedroom unit and one 3-bedroom unit. Three units are tenant occupied with leases extending into 2027, while the owner-occupied 1-bedroom has a projected market rent of approximately $2,100. Kitchens and baths throughout were updated in 2023-2024, blending modern finishes with the home's original Victorian character. Tenants pay their own electric plus a monthly utility charge toward other building utilities. Each apartment has dedicated basement storage and one off-street parking space. Additional highlights include a detached garage, shared pay-per-use laundry, approximately 5-year-old boiler, two 2020 water heaters and approximately 10-year-old roof. Period details, including decorative fireplaces (as-is), stained glass and a beautiful covered front porch, add to the appeal. An extraordinarily convenient location just moments from Summit's vibrant downtown, NJ Transit, restaurants, shopping, Farmers Market (across the street) and more. A truly special opportunity in one of Summit's most desirable locations. Please note that some of the interior apartment photos have been digitally altered to remove tenants' belongings. Fire Places are as-is.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $17,852
Parking
- 3 Car Detached Garage
Home Design
- Aluminum Siding
- Stone Exterior Construction
Interior Spaces
- Multi-Level Property
- Living Room
- Dining Room
- Unfinished Basement
Bedrooms and Bathrooms
- 7 Bedrooms | 3 Main Level Bedrooms
Utilities
- Window Unit Cooling System
- Radiator
- Heating System Uses Gas
- Baseboard Heating
Listing and Financial Details
- Legal Lot and Block 12 / 1903
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $17,853 | $399,300 | $211,100 | $188,200 |
| 2025 | $17,853 | $399,300 | $211,100 | $188,200 |
| 2024 | $17,278 | $399,300 | $211,100 | $188,200 |
| 2023 | $17,278 | $399,300 | $211,100 | $188,200 |
| 2022 | $17,102 | $399,300 | $211,100 | $188,200 |
| 2021 | $17,238 | $399,300 | $211,100 | $188,200 |
| 2020 | $17,409 | $399,300 | $211,100 | $188,200 |
| 2019 | $17,429 | $399,300 | $211,100 | $188,200 |
| 2018 | $17,318 | $399,300 | $211,100 | $188,200 |
| 2017 | $17,429 | $399,300 | $211,100 | $188,200 |
| 2016 | $17,174 | $399,300 | $211,100 | $188,200 |
| 2015 | $16,838 | $399,300 | $211,100 | $188,200 |
| 2014 | $16,403 | $399,300 | $211,100 | $188,200 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/12/2026 08/12/26 | For Sale | $1,800,000 | +44.0% | -- | |
| 12/28/2022 12/28/22 | Sold | $1,250,000 | +13.6% | -- | View Prior Sale |
| 08/31/2022 08/31/22 | Pending | -- | -- | -- | |
| 05/20/2022 05/20/22 | For Sale | $1,100,000 | 0.0% | -- | |
| 03/30/2022 03/30/22 | Pending | -- | -- | -- | |
| 02/05/2022 02/05/22 | For Sale | $1,100,000 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $1,250,000 | Realsafe Title |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $107,000 | Credit Line Revolving | |
| Previous Owner | $258,290 | VA |
Source: Hudson County MLS
MLS Number: 260016190
APN: 18-01903-0000-00012
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Ask me questions while you tour the home.