new - 5 days on rocket

108 Morris Ave, Summit City, NJ, 07901

$700,000

Home List Price

$8,313*

Closing Credit

4 Bedrooms
2 Full Baths
Multi
Schools Nearby

Location

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108 Morris Ave, Summit$700,000

Buyer Closing Credits

$8,313*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Parking1 Car Width, Blacktop, Detached Garage
Garage2 spaces
Year Built1870
HeatingNatural Gas
CoolingNone
BasementYes
MLS #3897419
Lot Size0.22 Acres
StatusActive

About 108 Morris Ave

OPPORTUNITY KNOCKS! This legal two-family home is ready to be knocked down, or gut renovated and expanded to your liking! A rare commodity in such a unique and desirable town. CASH OR 203k LOANS only. PLEASE NO, WHOLESALERS. DEPOSIT DUE BEFORE CONTRACT SIGNING. NO CONTRACT ASSUMPTIONS OR MARKETING OF PROPERTY BY A WHOLESALER ALLOWED.

Property Details

Property Features

Property Information:

  • Architectural Style: 2-Two Story
  • Year Built: 1870

Listing Office:

  • Office Name: PRESTIGE PROPERTY GROUP MONTCLAIR
  • Office Phone: (973) 860-7595

Interior Features

Interior Information:

  • Appliances: Other
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: 1 Car Width, Blacktop, Detached Garage

Lot Features

Lot Information:

  • Lot Size: 0.22 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: None

School Info

Assigned Schools Information:

  • Summit Senior High School, Public District Grades 9-12
  • Lawton C. Johnson Summit Middle School, Public District Grades 6-8
  • Jefferson Elementary School, Public District Grades 1-5

Other

Directions Information:

  • Directions: Morris Ave between Russell Pl and Morris Ct

Price Information

Listing Price Info

Price Summary:

  • List Price: $700,000
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Housing Market Comparison

See how this home compares to others in Summit, NJ.

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Summit, NJ

City

Med. Sold Price

$1.2M

Med. Price/SqFt

$427

# of Sold Homes

10

108 Morris Ave vs Summit

5 DAYS ON ROCKET

$700,000

-$542.5K Less

KEY TAKEAWAY

This property is $542.5K less than the Median Sold Price in Summit, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #3897419

Listing Office:

  • Office Name: PRESTIGE PROPERTY GROUP MONTCLAIR
  • Office Phone: (973) 860-7595

Information deemed reliable but not guaranteed. Copyright © 2024 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as an IDX Listing. Information deemed reliable but not guaranteed.

Notice: The dissemination of listings displayed herein does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

The information on this web site is provided exclusively 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. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 1:20:13 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Payment Calculator

$3,561

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,165

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1809985
7
/10

  • Jefferson Elementary School

  • 110 Ashwood Ave

  • 0.43 miles

  • Public District Grades 1-5

Middle School

school-card-donut-1809986
7
/10

  • Lawton C. Johnson Summit Middle School

  • 272 Morris Ave

  • 0.67 miles

  • Public District Grades 6-8

High School

school-card-donut-1809987
7
/10

  • Summit Senior High School

  • 125 Kent Place Blvd

  • 1.38 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $88,021. The most common annual income of people living in Summit, NJ is between $100k-200k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Union County›Summit›07901›108 Morris Ave

This home is located at 108 Morris Ave in Summit City, NJ and zip code 07901. This home, which was built in 1870, sits on a 0.22 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 22, 2024 and is currently priced at $700,000.

In March 2024 more than 9 listings in Summit, NJ were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 0 were sold below. The number of homes for sale in Summit, NJ increased by 26.5% between February 2024 and March 2024.

From Rocket Homes Real Estate and based on county public records data.

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