Pending
Sale Pending at 40 Prospect St, Summit, NJ 07901 | MLS# 22535176 | Listing updated on 2026-10-02
Photo 1 of Sale Pending at 40 Prospect St, Summit, NJ 07901 | MLS# 22535176 | Listing updated on 2026-10-02
Photo 2 of Sale Pending at 40 Prospect St, Summit, NJ 07901 | MLS# 22535176 | Listing updated on 2026-10-02
Photo 3 of Sale Pending at 40 Prospect St, Summit, NJ 07901 | MLS# 22535176 | Listing updated on 2026-10-02
Photo 4 of Sale Pending at 40 Prospect St, Summit, NJ 07901 | MLS# 22535176 | Listing updated on 2026-10-02
14+
Beds Icon

Street View

$1,700,000

Monthly Est:$8,462

  • Beds Icon3 Beds
  • Beds Icon
    2 Baths
  • Beds Icon1,940sqft

40 Prospect St, Summit, NJ 07901

$8,462/moEst:

Get Pre-Approved

  • Single Family Residence

  • Built in 1923

  • $-- HOA

  • 0.31 acre lot

  • $876/sq.ft

Description

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

  • Houzeo last checked: 1 hour ago
  • Listing updated: October 2, 2026 at 2:48 pm
  • Listing Provided by: Senada Grafas (732) 933-0200 | EXP Realty
  • Source: Monmouth Ocean Regional MLS-NJ | MLS#: 22535176 Monmouth Ocean Regional MLS-NJ

Property Details

  • Status

    Pending

  • Type

    Single Family Residence

  • No. of Stories

    2

  • County

    Union County

  • City

    Summit

  • Neighborhood

    --

  • Year Built

    1923

  • HOA Fees

    -

  • Finished Area

    1,940 sqft

  • Lot Size

    0.31 acre lot

  • Basement Area

    - sqft

  • MLS Name

    Monmouth Ocean Regional MLS

  • MLS Number

    22535176

  • MLS Status

    Pending

  • Days on Market

    328

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 3

    Bathrooms: 2

Interior

  • Cooling

    Multi Units

  • Heating

    Forced Air

  • Interior Features

    Attic

  • Exterior Features

    Other

  • Sewer

    Public Sewer

Construction

  • Year Built

    Year Built: 1923

  • Home type

    Single Family Residence

  • Architectural Style

    Detached, Colonial

  • Roof

    Shingle

Utilities & Energy

  • Basement

    Unfinished

Other Features

  • Subdivision Name

    Canoe Brook

Price History

DateEventPrice

10/13/2026

Source: mls_logoGarden State MLS-NJ #3999057

Contingent (Active Under Contract)

$1,700,000

$876/sqft

07/20/2026

Source: mls_logoMonmouth Ocean Regional MLS-NJ #22535176

Pending

$1,700,000

$876/sqft

11/22/2025

Source: mls_logoAll Jersey MLS-NJ #2607798R

Listed for Sale

$1,700,000

$876/sqft

Based on information from the Monmouth Ocean Regional REALTORS® Multiple Listing Service through Oct 16, 2026, 02:45PM. Information is provided exclusively for consumers’ personal, non-commercial use that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. ©2026 Monmouth Ocean Regional REALTORS®. All Rights Reserved.

Advertising Broker: Ronnie Glomb, Broker | Your Town Realty