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Street View
$1,700,000
Monthly Est:$8,462
3 Beds
- 2 Baths
1 full bath + 1 half bath
1,940sqft
40 Prospect St, Summit, NJ 07901
$1,700,000
$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

Property Details
Status
Pending
Type
Single Family Residence
No. of Stories
2
County
City
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
| Date | Event | Price |
|---|---|---|
10/13/2026 Source: | Contingent (Active Under Contract) | $1,700,000 $876/sqft |
07/20/2026 Source: | Pending | $1,700,000 $876/sqft |
11/22/2025 Source: | Listed for Sale | $1,700,000 $876/sqft |
Find Homes by Property Features in Summit, NJ
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