ActiveSummit, NJ
$1,700,000
40 Prospect Street, Summit, NJ 07901
3 beds 2 baths 1,940 sq ft
Photos
1 / 183
Bedrooms
2
Bathrooms
1,940
1 / 18205 days on market · Listed November 22, 2025
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
40 Prospect Street is a 3-bedroom, 2-bathroom home for sale in None, Summit, NJ. It offers approximately 1,940 square feet of living space and was built in 1923. It is offered at $1,700,000, MLS# 22535176.
Inside, 40 Prospect Street features 2 stories, a unfinished basement, a fireplace, forced Air heat and multi Units cooling. Other interior highlights include attic. Outdoor features include other. For parking, the property offers a 2-car garage. It sits on a lot of roughly 13,504 square feet (about 0.31 acres).
None offers convenient access to shopping, schools, parks, dining, and everyday essentials. Annual property taxes are approximately $15,037. To tour 40 Prospect Street in None, contact Neuhaus Realty — a family-run agency since 1969, now serving Monmouth & Ocean from our Red Bank office — to schedule a private showing.
MLS# 22535176. Listing courtesy of EXP Realty. Listing information is provided by the Monmouth Ocean Regional MLS. Listing data is deemed reliable but is not guaranteed accurate by the MLS.
