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24 Franklin Pl

Summit City, NJ 07901
  • $1,748,000
  • STATUS: Active
  • ON SITE: 25 Days
  • MLS #: 4017192
UPDATED: 37 min ago
$1,748,000
  • 6
    BEDS
  • 0.27
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
  • 3,712
    SQFT
  • $471
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1898
County:
Area:

School Information

Elementary School:
Middle School:
High School:

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!

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Garden State MLS logo © 2026 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Braconi | Keller Williams Village Square Realty. 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.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Team Braconi | Keller Williams Village Square Realty are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-04-21T23:48:47.1.
www.teambraconihomesales.com/homes/174521860
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24 Franklin Pl Summit City, NJ 07901

  • Price: $1,748,000
  • Status: Active
  • On Site: 25 Days
  • Updated: 37 min ago
  • MLS #: 4017192
6
Beds
5
Baths
0
½ Baths
0.27
Acres
3,712
SQFT
$471
$/SQFT
1898
Built
Neighborhood:
Northside Downtown
County:
Union
Area:
Summit City
Elementary School:
Lincoln-Hubbard
Middle School:
Summit Ms
High School:
Summit Hs
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!
Exterior Features

Approximate Lot Size 65X180 Exterior Description Aluminum Siding Exterior Features CurbsDeckSee RemarksSidewalkStorm Window(s)Thermal Windows/Doors Lot Description Level Lot Number Of Parking Spaces 8 Parking Driveway Description 2 Car WidthAssignedBlacktop Roof Description Asphalt ShingleFlat

Interior Features

Basement Yes Basement Description FullUnfinished Cooling Window A/C(s) Heating 3 UnitsBaseboard - HotwaterRadiators - Hot Water Interior Features BlindsCarbon Monoxide DetectorCarpetingFire ExtinguisherHigh CeilingsSmoke DetectorTile FloorsWood Floors Total Number Of Rooms 23 Unit1 Appliances Equipment Carbon Monoxide DetectorDishwasherKitchen Exhaust FanRange/Oven - GasRefrigeratorSmoke Detector Unit1 Baths 1.0 Unit1 Bedrooms 1 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsEat-In KitchenLiving Room Unit1 Rooms 3 Unit1 Security Deposit 0 Unit1 Sq Ft 845 Unit2 Appliances Equipment Carbon Monoxide DetectorDishwasherKitchen Exhaust FanRange/Oven - GasRefrigeratorSmoke Detector Unit2 Baths 1.0 Unit2 Bedrooms 1 Unit2 Fireplaces 0 Unit2 Levels 1 Unit2 Room Description BedroomsEat-In KitchenLiving Room Unit2 Rooms 3 Unit2 Sq Ft 703 Unit3 Baths 2.0 Unit3 Bedrooms 3 Unit3 Fireplaces 0 Unit3 Levels 2 Unit3 Room Description BedroomsEat-In KitchenLiving RoomMaster Bedroom Unit3 Rooms 6 Unit3 Sq Ft 1443 Unit4 Appliances Equipment Carbon Monoxide DetectorKitchen Exhaust FanRange/Oven - GasRefrigeratorSmoke Detector Unit4 Baths 1.0 Unit4 Bedrooms 1 Unit4 Fireplaces 0 Unit4 Levels 3 Unit4 Room Description BedroomsEat-In KitchenLiving Room Unit4 Rooms 3 Unit4 Sq Ft 721

Property Features

Assessment Total 365800 Building Assessment 215400 Building Number 24 Easement Unknown Exclusions None Farm Assessment No Fha Age Restricted No Fuel Type ElectricGas-Natural Gross Operating Income 0 Home Warranty No Land Assessment 150400 Net Operating Income 0 Renovated Year 2023 Services Cable TV AvailableGarbage Included Sewer Public Sewer Tax Amount 16354 Tax Rate Amount 4.471 Tax Rate Year 2025 Tax Year 2025 Total Operating Expense 0 Unit Style 3-Three Story Unit1 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit1 Rent 0 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit2 Rent 1650 Unit2 Security Deposit 2475 Unit3 Handicap Modified No Unit3 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit3 Rent 0 Unit3 Security Deposit 0 Unit4 Handicap Modified No Unit4 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit4 Rent 0 Unit4 Security Deposit 0 Utilities ElectricGas-Natural Water Public Water Water Heater Gas Year Built Description ApproximateRenovated Zoning Residential

Listing information © 2026 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of WEICHERT REALTORS: 201-306-1357.


Garden State MLS logo © 2026 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Braconi | Keller Williams Village Square Realty. 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.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Team Braconi | Keller Williams Village Square Realty are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-04-21T23:48:47.1.
 
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