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$1,195,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 4 Total Beds
  • Updated 4 days ago
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LOCATION! LOCATION! 716-718 Springfield Ave is a RARE two-family duplex ideally situated in a prime location in Summit, known for its vibrant downtown, top-rated schools, and convenient access to major transportation. Each side of this property offers a spacious and functional layout featuring 4 bedrooms, 1.5 baths and hardwood floors. Walk-out basements provide additional space with flexible potential for storage, recreation, or future finishing. The property is complemented by ample off-street parking and a circular driveway, offering ease and convenience for multiple occupants. Perfectly positioned near Summit's shops, dining, parks, and NYC commuter routes, this is an outstanding opportunity for investors or owner-occupants seeking both lifestyle and long-term value. Property being sold in AS IS condition.

Full Property Details for 718 Springfield Ave

General

  • Price: $1,195,000
  • Taxes: $10,417 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: Garden_State
  • MLS ID: 4026415
  • Updated: 5/9/2026
  • Added to Site: 5 day(s) ago

Interior

  • Number of Rooms: 8
  • Interior Features: Carpeting, High Ceilings, See Remarks, Smoke Detector, Tile Floors, Wood Floors

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 4

Exterior

  • Exterior Features: Deck, Enclosed Porch(es), Partially Fenced, See Remarks, Sidewalk, Storm Door(s)

Location

  • County: Union
  • Driving Directions: Springfield ave to 716-718

Heating & Cooling

  • Cooling Type: Window A/C(s)
  • Heating Type: See Remarks
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water
  • Utility Description: Electric, Natural Gas

Structural Information

  • Architectural Style: Duplex-Side by Side
  • Exterior Const.: See Remarks
  • Basement: Yes
  • Basement Desc.: Finished-Partially, Full, Walk-Out
  • Roof: Asphalt Shingles
  • Year Built: 9999

Unit Information

Unit 1

  • Unit Description: Attic, Bedrooms, Dining Room, Eat-In Kitchen, Family Room, Porch
  • Square Feet: 1400
  • Levels/Stories: 4
  • Total Bathrooms: 1
  • Bedrooms: 4

Unit 2

  • Unit Description: Attic, Bedrooms, Dining Room, Eat-In Kitchen, Family Room, Porch
  • Square Feet: 1400
  • Levels/Stories: 4
  • Total Bathrooms: 1
  • Bedrooms: 4

Lot Features

  • Lot Size (Acres): 0.14
  • Lot Dimensions: .145
  • Driveway/Sidewalk: 1 Car Width, Circular
  • Lot Description: Backs to Park Land

Financial Considerations

  • Expenses: Cold Water, Insurance, See Remarks, Taxes
  • Operating Expenses: $13,687
  • Assessment Amount: $126,400
  • Land Assmt: $106,600
  • Tax Amount: $10,417
  • Tax Year: 2025

Disclosures and Reports

  • Exclusions: Tenants personal items
  • Block: 2901
  • Lot Number: 22

Listed by Top Value Realty

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Listing agent

— 718 Springfield Ave —

  • Top Value Realty

973-800-7007

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 718 Springfield Ave

School District:Summit City School District
NameGradesDistance
Primary Center At Wilson
14 Beekman Terrace, Summit, NJ 07091
PK-K0.2 mi
Franklin Elementary School, Summit, NJ
136 Blackburn Road, Summit, NJ 07901
1-50.3 mi
L C Johnson Summit Middle School
272 Morris Avenue, Summit, NJ 07901
6-81 mi
Summit Sr High School
125 Kent Place Boulevard, Summit, NJ 07901
9-120.7 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 718 Springfield Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/09/2026
Listed
$1,195,000
102.54%
MLS
10/21/2021
Sold
$590,000
—
Public Record
Get Price Alerts and Save Property
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 for 718 Springfield Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$10,149
2%
$233,000
—
2022
$9,979
-1%
$233,000
—
2021
$10,059
-1%
$233,000
—
2020
$10,159
1%
$233,000
—
2018
$10,105
-1%
$233,000
—
2017
$10,170
—
$233,000
—
2019
$10,170
1%
$233,000
—
2016
$10,021
2%
$233,000
—
2015
$9,826
4%
$233,000
—
2013
$9,464
—
$233,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Top Value Realty

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718 Springfield Ave, Summit, NJ 07901 (MLS# 4026415) is a Multi-Family property with 2 units containing 4 bedrooms, 1 full bathroom and 1 partial bathroom. 718 Springfield Ave is currently listed for $1,195,000 and was received on May 09, 2026. Want to learn more about 718 Springfield 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.

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