502 Morris Ave

Summit City, NJ
$ 150,000 Beds 0 Baths 0
Monthly Estimate* How much can I afford?

Location, Location, Location. Diamond in the rough, Value is in the site and possible usage. A great site for a drive through business, a bank, gym or any business looking to get a foot hold in Summit. Current business closed. Fantastic opportunity for Drive through. Building currently has 3 month to month tenants paying rent. Total rent $4200 monthly. Parking for 10+ cars. Looking for long term lease 5-10 Years. Vacant lot # 5 Lowell behind is part of listing. $150,000 per year, TRIPLE NET LEASE

Commercial

  • Price
  • $ 150,000
  • Lot Size
  • Bedrooms
  • 0
  • Full Bathrooms
  • 0
  • Year Built
  • 1949
  • Half Bathrooms
  • 1
  • City, Zip
  • Summit City
  • Taxes
  • 11030
  • County
  • UNION
  • Style
  • Industrial Complex - Light
  • Area
  • Summit City
  • MLS#
  • 3682192
  • Zip
  • 07901
Listing Provided by: COLDWELL BANKER REALTY
Data Source: Garden State MLS

Features

General

Building # 502
Cooling Window A/C(s)
Drive Additional Parking, Blacktop, Crushed Stone, Off-Street Parking
Garage Spaces 10
Heating 1 Unit
Num Apts 2
Prior Use Upholstery shop for cars
Property Type Industrial Complex - Light, Mixed Use, See Remarks
Property Type Industrial Complex - Light
Sewer Public Sewer
Tax Annual Amount 11030
Town # 2918
Township Summit City
Utilities All Underground
Zoning B

Interior Features

Fuel Type Gas-Natural
Num 1 Bdrm Units 1
Num 2 Bdrm Units 1

Exterior Features

Building Area Total 1500
Lot Dimensions 98x100
Lot Features Corner, Level Lot
Max Door Height 15
Number Of Doors 2
Total Parking 10
Water Source Public Water

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Ledgewood, NJ office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

12/8/2020 Listed $150,000

Property vs Zip Code Average in 07901

Price
AVG $610K
$150K
Taxes
AVG $18,882
$11,030
Visits
AVG 151
119
Year Built
AVG 1929
1949
Walkscore
AVG 69
57
Data Provided by Walkscore ® not using MLS data

Map

502 Morris Ave Summit City, NJ is a Single Family Home for sale at $150000 and a lot size of Acre(s). 502 Morris Ave Summit City has 0 bedrooms, 0 baths and was built in 1949. The property's zip code is 07901 which is in Summit City, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.