About 182 Summit Avenue
**Income-Producing Multi-Family Opportunity with Development Potential** Located on bustling Summit Avenue, this versatile property offers an incredible investment opportunity. Currently configured as an income-producing multi-family with split utilities, the property features bounce units ideal for owner-occupants or the potential to tear down and develop into condos. **Prime Location** Situated near transportation hubs, restaurants, parks, and all the amenities Summit Avenue has to offer, this property is in the heart of the action. **Parking and Garage** The property boasts ample parking with 5 spots in the front and a convenient 2-car detached garage in the back, providing added convenience and value. **Under Market Rent** Currently collecting under market rent, there is potential to increase income immediately. **Development Potential** With its flexible layout and development-friendly location, this property presents a rare chance to capitalize on the booming real estate mar
Features of 182 Summit Avenue
| MLS® # | 24011688 |
|---|---|
| Price | $2,499,000 |
| Bedrooms | 12 |
| Bathrooms | 7.00 |
| Full Baths | 6 |
| Half Baths | 1 |
| Type | 2-4 Family |
| Sub-Type | 3FAM |
| Style | OTHER |
| Status | ACTIVE |
Community Information
| Address | 182 Summit Avenue |
|---|---|
| City | Jersey City |
| County | HUDSON |
| State | NJ |
| Zip Code | 07304 |
Amenities
| Amenities | CLOSE/PARKS, CLOSE/SCHOOL, CLOSE/TRANS, CLOSE/WRSHP |
|---|---|
| Utilities | O/SEE RMKS |
| Features | NONE |
| Garages | O/SEE REMK, PARK SPACE |
| View | NONE |
| Is Waterfront | Yes |
| Waterfront | NONE |
| Has Pool | No |
Interior
| Heating | GAS, OTHER FUEL SOURCE/SEE RMKS, BASEBOARD, ELECTRIC |
|---|---|
| Fireplace | Yes |
| Fireplaces | NONE |
| Has Basement | Yes |
| Basement | NONE |
Exterior
| Exterior | VINYL, ALUMINUM |
|---|---|
| Lot Description | IRREGULAR |
| Construction | 1970'S |
Additional Information
| Date Listed | April 19th, 2024 |
|---|---|
| Foreclosure | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Jill Biggs |
|---|---|
| Office | Coldwell Banker, Hoboken |