Sold
Last Sold Price
8 beds
29 Walnut St, Summit, NJ 07901
FourplexProperty Type
6,098 sq ftLot Size
1920Year Built
8 carsParking Spaces

Description

A Diamond in the Rough...... Large 4 Family that can be 4 Duplexes in need of TLC. Left 1st floor rent $1650, Left 2nd floor rent $1750, Right 1st floor owner occupied, Right 2nd floor Rent $1700, 1 Parking spot rent $100, 3rd floor is vacant, 2 Abandoned Oil Tanks In the Front, 2 Car Garage, House is approximately 6,000 sq ft, Owner Gets a Lease for 10 years at $800 a month including utilities & 1 garage spot, Then an additional 5 year lease at $1000. House is being sold "as is". Buyer is Responsible...A Diamond in the Rough...... Large 4 Family that can be 4 Duplexes in need of TLC. Left 1st floor rent $1650, Left 2nd floor rent $1750, Right 1st floor owner occupied, Right 2nd floor Rent $1700, 1 Parking spot rent $100, 3rd floor is vacant, 2 Abandoned Oil Tanks In the Front, 2 Car Garage, House is approximately 6,000 sq ft, Owner Gets a Lease for 10 years at $800 a month including utilities & 1 garage spot, Then an additional 5 year lease at $1000. House is being sold "as is". Buyer is Responsible for all Inspections & Certificates to close. Proof of Funds Required before Previewing the Property.
Listing closed: 10/15/2021 12:00 AM • Source: GSMLS Back Office, MLS#: 3623991

Recent comparable sales

Median sold price

$3,995,000

Avg days on market

49

Sale-to-list ratio

98.4%

Summit, NJ

9 comparable properties found

1

$3,400,000

Sold 09/17/25

7
Bedrooms
Unavailable
Square Feet
0.41
Acres
2

$4,200,000

Sold 06/23/26

7
Bedrooms
Unavailable
Square Feet
0.64
Acres
3

$5,500,000

Sold 11/05/24

7
Bedrooms
9,495
Square Feet
1.18
Acres
4

$3,995,000

Sold 05/20/26

9
Bedrooms
Unavailable
Square Feet
1.8
Acres
5

$999,999

Sold 06/25/25

7
Bedrooms
Unavailable
Square Feet
0.07
Acres
6

$5,300,000

Sold 10/02/24

6
Bedrooms
Unavailable
Square Feet
0.61
Acres
7

$3,750,000

Sold 12/31/24

6
Bedrooms
Unavailable
Square Feet
0.36
Acres
8

$3,500,000

Sold 01/31/25

6
Bedrooms
Unavailable
Square Feet
0.43
Acres
9

$5,500,000

Sold 08/20/26

7
Bedrooms
5,300
Square Feet
0.53
Acres

Location

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$5,355 per month

30 year fixed, 6.55% Interest

Principal and Interest

$4,315

Property Taxes

$1,040

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 29 Walnut Street

Property Details
  • Taxes: $12,479 / year
  • MLS Type: Multi Family
  • County: Union County
  • Directions: Broad or Elm St to Walnut St
  • Days On Market: 339
Building Information
  • Residences: 4
  • Year Built: 1920
  • Lot Size: 0.14 AC / 6,098 SF
Summary
Location and General Information
  • High School: Summit HS
  • Active Days on Market: 314
  • County #: Union
  • Town Name: Summit City
  • Block Identifier: 3309
  • Listing Type: Exclusive Right to Sell
  • Town #: 2918.0
  • # Parking Spaces: 6
  • County Or Parish: Union
  • Street Name: WALNUT ST
  • Zip Code: 07901-3525
  • Total Units: 4
Taxes and HOA Information
  • Assess Total Tax: *
  • Assess Amt Land Tax: *
  • Assess Amt Bldg Tax: *
  • Block ID Tax: *
  • Acres Tax: *
  • County Tax: *
  • Tax Amount: $12,479
  • Street name Tax: *
  • Zip Code Tax: *
  • Street # Tax: *
  • City Tax: *
  • Tax Amount Tax: *
  • Assessment Total: 285900.0
  • Tax ID For Property: 2918-03309-0000-00007-0000-
  • Tax Rate Amount: $4
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year: 2019
  • Tax Year Tax: *
  • Lot ID Tax: *
  • Lot Size Tax: *
Parking
  • Parking/Driveway Description: Off-Street Parking, See Remarks
  • # Garage Spaces: 2
  • Garage Description: Detached Garage
Property
Lot Information
  • Lot Identifier: 7
  • Approximate Lot Size: 50X125
  • Total Acres: 0.14
  • Construction Date/Year Built: 1920
  • Construction Date/Year Built Des: Approximate
Property and Assessments
  • Assessment Bldg: 175300.0
  • Assessment Land: 110600.0
Utilities
  • Cooling: No Cool
  • Utilities: Gas-Natural
  • Water: Public Water
  • Heating: 2 Units
  • Fuel Type: Gas-Natural, Oil Tank Below Ground
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: See Remarks
Interior Features
  • Interior Features: Wood Floors
  • Roof Description: Asphalt Shingle
  • Basement: Yes
  • Basement Description: Unfinished
  • Easement: Unknown
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: Dryer, Range/Oven - Gas, Refrigerator, Washer
  • Unit 1 Baths: 1.0
  • Unit 1 Bedrooms: 1
  • Unit 1 Fireplaces: 0.0
  • Unit 1 Handicap Modified: No
  • Unit 1 Levels: 1.0
  • Unit 1 Owner/Tenant Pays: Owner Pays Gas, Owner Pays Water
  • Unit 1 Rent: 0.0
  • Unit 1 Room Description: Bedrooms, Eat-In Kitchen, Laundry Room, Living Room, See Remarks, Storage
  • Unit 1 Rooms: 5.0
  • Unit 1 Security Deposit: 0.0
  • Unit 1 Sq Ft: 0.0
Unit 2 Information
  • Unit 2 Appl/Equip: Range/Oven - Gas, Refrigerator
  • Unit 2 Baths: 1.1
  • Unit 2 Bedrooms: 1
  • Unit 2 Fireplaces: 0.0
  • Unit 2 Handicap Modified: Yes
  • Unit 2 Levels: 2.0
  • Unit 2 Owner/Tenant Pays: Owner Pays Gas, Owner Pays Water
  • Unit 2 Rent: 1700.0
  • Unit 2 Room Description: Bedrooms, Eat-In Kitchen, Living/Dining Room, See Remarks, Sunroom
  • Unit 2 Rooms: 5.0
  • Unit 2 Security Deposit: 0.0
  • Unit 2 Sq Ft: 0.0
Unit 3 Information
  • Unit 3 Appl/Equip: Range/Oven - Gas, Refrigerator
  • Unit 3 Baths: 1.0
  • Unit 3 Bedrooms: 1
  • Unit 3 Fireplaces: 0.0
  • Unit 3 Handicap Modified: No
  • Unit 3 Levels: 1.0
  • Unit 3 Owner/Tenant Pays: Owner Pays Gas, Owner Pays Water
  • Unit 3 Rent: 1650.0
  • Unit 3 Room Description: Bedrooms, Eat-In Kitchen, Laundry Room, Living Room, See Remarks, Storage
  • Unit 3 Rooms: 5.0
  • Unit 3 Security Deposit: 0.0
  • Unit 3 Sq Ft: 0.0
Unit 4 Information
  • Unit 4 Appl/Equip: Range/Oven - Gas, Refrigerator
  • Unit 4 Baths: 1.0
  • Unit 4 Bedrooms: 1
  • Unit 4 Fireplaces: 0.0
  • Unit 4 Handicap Modified: No
  • Unit 4 Levels: 2.0
  • Unit 4 Owner/Tenant Pays: Owner Pays Gas, Owner Pays Water
  • Unit 4 Rent: 1750.0
  • Unit 4 Room Description: Bedrooms, Eat-In Kitchen, Living/Dining Room, See Remarks, Sunroom
  • Unit 4 Rooms: 5.0
  • Unit 4 Security Deposit: 0.0
  • Unit 4 Sq Ft: 0.0
Multi-Family Information
  • Unit Style: Fourplex
Income & Expenses Information
  • Total Operating Expense: $.00
  • Net Operating Income: $.00
  • Gross Operating Income: $.00

Property History for 29 Walnut Street

DateEvent & SourcePriceAppreciation
Oct 15, 2021

Sold

GSMLS #3623991

$849,000
Oct 14, 2021

Temporarily Off Market

GSMLS #3623991

Jun 13, 2021

Off Market

GSMLS #3623991

DateEvent & SourcePrice
10/15/2021

Sold

GSMLS #3623991

$849,000
10/14/2021

Temporarily Off Market

GSMLS #3623991

06/13/2021

Off Market

GSMLS #3623991

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 29 Walnut Street

Taxable ValueLand$110,600Additions$195,300Total$305,900
Tax Record2022$13,102 ($1,092 / month)
Home Facts
Beds0Total Finished SqFt4,398 SqFtAbove Grade Finished SqFt4,398 SqFtStories3Lot Size6,251 SqFtStyleSingle Family ResidenceYear Built1920ZoningR5CountyUNIONAPN18 03309-0000-00007

Schools near 29 Walnut Street

This home is within Summit Public School District.
Rating
School
Type
Grades
Distance
Public - 1 to 5
Public - 6 to 8
Public - 9 to 12
Public - 1 to 5
Rating
School
Distance
Lincoln Hubbard Elementary School
Public1 to 5

L C Johnson Summit Middle School
Public6 to 8

Summit Sr High School
Public9 to 12

Brayton Elementary School
Public1 to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 29 Walnut Street, Summit, NJ 07901
$849,000
8
6,098
$849,000
5,622
6,251
3,096
7,971
$620,000
5
6,098
$890,000
10
6,098
$560,000
7,898
8,969

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of COLDWELL BANKER REALTY, ALYSSA PEREIRA

The data relating to the real estate for sale on this website comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than (insert office name) aremarked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Last date updated: 08/31/2026 03:15 PM. Source: New Jersey Multiple Listing Service, Inc. © 2026 New Jersey Multiple Listing Service, Inc. All rights. The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. 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. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated: 08/31/2026 03:15 PM © 2026 New Jersey Multiple Listing Service Inc. All rights reserved.