Property

Summit, NJ 07901 40 Prospect Street

40 Prospect Street Summit, NJ - Image 140 Prospect Street Summit, NJ - Image 240 Prospect Street Summit, NJ - Image 3
13 more
40 Prospect Street Summit, NJ - Image 440 Prospect Street Summit, NJ - Image 540 Prospect Street Summit, NJ - Image 640 Prospect Street Summit, NJ - Image 740 Prospect Street Summit, NJ - Image 840 Prospect Street Summit, NJ - Image 940 Prospect Street Summit, NJ - Image 1040 Prospect Street Summit, NJ - Image 1140 Prospect Street Summit, NJ - Image 1240 Prospect Street Summit, NJ - Image 1340 Prospect Street Summit, NJ - Image 1440 Prospect Street Summit, NJ - Image 1540 Prospect Street Summit, NJ - Image 1640 Prospect Street Summit, NJ - Image 17
Presented By: Senada Grafas, EXP Realty
  • MLS# 22535176
  • 11/22/2025
  • Request Tour
  • Request Info
  • Beds • 3
  • Full/Half Baths • 1 / 1
  • SQFT • 1,940
  • Garage • 2

Home Details

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
Presented By: Senada Grafas, EXP Realty

Interior Features for 40 Prospect Street

Bedrooms

Total Bedrooms3

Bathrooms

Half Baths1
Total Baths2

Other Interior Features

Air Conditioning Y/NYes
BasementUnfinished
Basement (Y/N)Yes
Fireplace Y/NYes
Heating Y/NYes
Heating-Forced AirTrue
Interior AmenitiesAttic
Total Fireplaces1

General for 40 Prospect Street

Additional Parcels Y/NNo
Architectural StyleDetached, Colonial
Attached Garage No
Carport Y/NNo
CitySummit
CoolingMulti Units
CountyUnion
DirectionsUse GPS
Full Baths1
Garage Spaces2.0
Garage Y/NYes
HOANo
HeatingForced Air
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet13503.6
MLS AreaNone
MLS Area MinorSummit (SUM)
MobileHomeRemainsYNNo
New ConstructionNo
Property Attached Y/NNo
Property SubtypeSingle Family Residence
Property TypeResidential
Rent Control Y/NNo
RoofShingle
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusActive
Stories Count2
Subdivision NameCanoe Brook
Tax Annual Amount15037.0
Tax Assessed Value345200
Tax Year2024
Total Rooms0
Utilities@Core.PermissionsNone
Water Body Access Y/NNone
Year Built1923

Exterior for 40 Prospect Street

Building Area Total1940.0
Crops Included Y/NNo
Exterior AmenitiesOther
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.31
Lot Size Area0.31
SpaNo
Waterfront Y/NNo

Additional Details

Price History

Tina Torres

Broker/Owner
Price $1,700,000
MLS#22535176
List Date 11/22/2025
Property Type Single Family
Request Tour
Request Info
Visit My Website

Similar Properties to 40 Prospect Street

Get Pre-approved