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$1,800,000 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 2 Hillside Ave
General
- Price: $1,800,000
- Taxes: $17,852 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4046563
- Updated: Today (8/15/2026)
- Added to Site: Today
Interior
- Number of Rooms: 16
- Interior Features: Carbon Monoxide Detector, Fire Alarm Sys, See Remarks, Skylight, Smoke Detector, Tile Floors, Walk-In Closet, Wood Floors
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 5
Bedrooms
- Total Bedrooms: 7
Exterior
- Exterior Features: Curbs, Deck, Open Porch(es), Sidewalk, Thermal Windows/Doors
- Color: White
Parking
- Garage: Yes
- Garage Spaces: 1
- Garage Description: Detached Garage
Location
- County: Union
- Subdivision: Northside
- Driving Directions: Woodland Ave to Right on Cresent Ave to Left on Hillside Home on Right #2, corner of Hillside Ave and DeForest Ave
School Information
- Elementary School: Lincoln-Hubbard
- Middle School: Summit MS
- High School: Summit HS
Heating & Cooling
- Cooling Type: Window A/C(s)
- Heating Type: 1 Unit, Electric Baseboard, Radiators - Steam
- Heating Fuel: Natural Gas
- Water Heater: Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Natural Gas, Cable TV Available
Structural Information
- Architectural Style: Fourplex
- Exterior Const.: Stone, Vinyl Siding
- Basement: Yes
- Basement Desc.: Bilco-Style Door, Unfinished, Walk-Out
- Roof: Asphalt Shingles
- Square Feet: 4,239
- Year Built: 1890
- Remodeled/Updated: 2024
Unit Information
Unit 1
- Unit Description: Bedrooms, Kitchen, Living Room, Pantry, Master Bedroom
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Unit Description: Bedrooms, Dining Room, Eat-In Kitchen, Living Room, Pantry, Master Bedroom
- Levels/Stories: 2
- Total Bathrooms: 2
- Bedrooms: 2
Unit 3
- Unit Description: Bedrooms, Kitchen, Living Room, Pantry, Master Bedroom
- Levels/Stories: 3
- Total Bathrooms: 1
- Bedrooms: 1
Unit 4
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room, Master Bedroom
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.17
- Lot Dimensions: 80 x 93
- Driveway/Sidewalk: 2 Car Width, Blacktop, Off-Street Parking
- Zoning: R-10
- Lot Description: Corner, Level Lot
Financial Considerations
- Expenses: Utilities, Taxes
- Operating Expenses: $33,473
- Assessment Amount: $188,200
- Land Assmt: $211,100
- Tax Amount: $17,852
- Tax Year: 2025
Disclosures and Reports
- Disclosures: Yes
- Block: 1903
- Lot Number: 12
Listed by Keller Williams Metropolitan
Get Pre-Approved Today
Schools
Schools serving 2 Hillside Ave
School District:Summit City School District
| Name | Grades | Distance |
|---|---|---|
Lincoln Hubbard Elementary School 52 Woodland Avenue, Summit, NJ 07901 | 1-5 | 0.1 mi |
Primary Center At Wilson 14 Beekman Terrace, Summit, NJ 07091 | PK-K | 0.9 mi |
L C Johnson Summit Middle School 272 Morris Avenue, Summit, NJ 07901 | 6-8 | 0.4 mi |
Summit Sr High School 125 Kent Place Boulevard, Summit, NJ 07901 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2 Hillside Ave
Date
Details
Price
Change
Source
8/15/2026
Listed
$1,800,000
44%
MLS
11/14/2022
Sold
$1,250,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2 Hillside Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$17,853
4%
$399,300
—
2022
$17,102
-1%
$399,300
—
2021
$17,238
-1%
$399,300
—
2020
$17,409
1%
$399,300
—
2018
$17,318
-1%
$399,300
—
2017
$17,429
1%
$399,300
—
2016
$17,174
2%
$399,300
—
2015
$16,838
-3%
$399,300
—
2019
$17,429
7%
$399,300
—
2013
$16,220
—
$399,300
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2 Hillside Ave
2 Hillside Ave, Summit, NJ 07901 (MLS# 4046563) is a Multi-Family property with 4 units containing 7 bedrooms and 5 full bathrooms. 2 Hillside Ave is currently listed for $1,800,000 and was received on August 15, 2026. Want to learn more about 2 Hillside Ave? Do you have questions about finding other Multi-Family real estate for sale in Summit? You can browse all Summit real estate or contact a Coldwell Banker agent to request more information.

