53 Summit Avenue, Summit, NJ 07901

OFFERING HIGHLIGHTS

• +/- 4,200 SF Corner Mixed-Use Building located in a prime downtown location within the City of Summit, Union County, New Jersey

• All brick investment property consisting of (2) ground floor retail units and (3) residential apartments

• Residential unit mix includes (1) one-bedroom/one-bath apartment and (2) studio apartments

• Value-add opportunity with below-market rental rates and approximately 10% projected rental upside

• No rent control providing flexibility for future income growth

• Located just one block from the New Jersey Transit Mid-Town Direct train station with direct access to New York City

• Strong surrounding tenant mix including national retailers such as Dunkin, Chase Bank, Starbucks, CVS, and other established downtown businesses

• Immediate access to major transportation routes including Route 24, Route 78, and regional access points to New York City bridges and tunnels

• Dense and affluent demographics with median household incomes exceeding $190,000

• High-demand commuter market with strong residential and retail leasing fundamentals

• Exceptional visibility and corner positioning within Summit’s thriving downtown business district

• Rare opportunity to acquire a mixed-use asset in one of Northern New Jersey’s most desirable commuter communities