40 Prospect St
Listing Notes
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
Comps
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Mortgage Calculator
Excludes property tax, insurance, and hoa / fees — not in this listing, so the true monthly cost is higher.
- Due at close
- $595,000
- Loan amount
- $1,190,000
- Loan to value
- 70%
- Principal & interestLoan scenario$11,407
- Property taxNot in listing dataNot provided
- InsuranceNot in listing dataNot provided
- HOA / feesNot in listing dataNot provided
- Mortgage insuranceLoan scenario$0
Land financing is not a standard home mortgage. Loan terms are editable; carrying costs are only filled from source data.
Only the listing price is sourced for this property. Missing tax, insurance, and HOA/maintenance costs are not guessed.
Where it is
For sale Coming soon Recently sold— zoom out for more