Sold
Last Sold Price
5 beds
742 Springfield Ave, Summit, NJ 07901
Multi FamilyProperty Type
0.28 acresLot Size
10 carsParking Spaces

Description

Price Reduced Great investment opportunity. Owner Occupant or Investor! Big 2 Family home with 4 Car detached Garage, located just blocks from NY Train, Buses and center of town. Possible Mother/Daughter on 1st fl unit. Living, dining, family, laundry room in each unit. 3 bedrooms, 2 full baths on 1st fl uni and 2 or 3 bedrooms on 2nd fl unit. Very private. Furnace replace:2005/2010. Hot Water Heater replace 2018, with extra large parking area. Property sold "As Is"condition.Price Reduced Great investment opportunity. Owner Occupant or Investor! Big 2 Family home with 4 Car detached Garage, located just blocks from NY Train, Buses and center of town. Possible Mother/Daughter on 1st fl unit. Living, dining, family, laundry room in each unit. 3 bedrooms, 2 full baths on 1st fl uni and 2 or 3 bedrooms on 2nd fl unit. Very private. Furnace replace:2005/2010. Hot Water Heater replace 2018, with extra large parking area. Property sold "As Is"condition.
  • Listed by: MARY C. TAFUR • BHHS - NEW JERSEY PROPERTIES
Listing closed: 01/29/2020 12:00 AM • Source: GSMLS Back Office, MLS#: 3556790

Recent comparable sales

Median sold price

$1,956,000

Avg days on market

16

Sale-to-list ratio

110.8%

Summit, NJ

9 comparable properties found

1

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Bedrooms
Unavailable
Square Feet
0.14
Acres
2

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Sold 12/05/25

5
Bedrooms
Unavailable
Square Feet
0.28
Acres
$1,877,000 | 15 Glen Oaks Avenue, Summit, NJ 07901
1/27
3

$1,877,000

Sold 11/12/24

5
Bedrooms
Unavailable
Square Feet
0.19
Acres
4

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Sold 03/05/25

5
Bedrooms
Unavailable
Square Feet
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Acres
5

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Sold 06/27/25

5
Bedrooms
Unavailable
Square Feet
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Sold 08/13/26

5
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3,871
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Sold 11/12/24

5
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Sold 01/06/25

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Bedrooms
Unavailable
Square Feet
0.52
Acres
9

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Sold 06/22/26

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Bedrooms
Unavailable
Square Feet
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Acres

Location

Listing Courtesy of BHHS - NEW JERSEY PROPERTIES, MARY C. TAFUR
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$3,431 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,465

Property Taxes

$965

HOA Dues

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Property Information for 742 Springfield Avenue

Property Details
  • Taxes: $11,584 / year
  • MLS Type: Multi Family
  • County: Union County
  • Directions: Rear Red house # 740, Right driveway Blue house # 742
  • Days On Market: 84
Building Information
  • Residences: 2
  • Lot Size: 0.28 AC / 12,196 SF
Summary
Location and General Information
  • Middle/Jr High School: Summit MS
  • Grade School: Franklin
  • High School: Summit HS
  • Active Days on Market: 65
  • Comprehensive Days on Mkt: 0
  • County #: Union
  • Town Name: Summit City
  • Block Identifier: 2901
  • Listing Type: Exclusive Right to Sell
  • Color of Building: Blue
  • Town #: 2918.0
  • Street # Display: 742.0
  • # Parking Spaces: 6
  • County Or Parish: Union
  • Street Name: SPRINGFIELD AVE
  • Zip Code: 07901-2314
  • Total Units: 2
Taxes and HOA Information
  • Assess Total Tax: *
  • Assess Amt Land Tax: *
  • Assess Amt Bldg Tax: *
  • Block ID Tax: *
  • Acres Tax: *
  • County Tax: *
  • Tax Amount: $11,584
  • Street name Tax: *
  • Zip Code Tax: *
  • City Tax: *
  • Tax Amount Tax: *
  • Assessment Total: 267100.0
  • Tax ID For Property: 2918-02901-0000-00010-0000-
  • Tax Rate Amount: $4
  • Tax Rate Tax: *
  • Tax Rate Year: 2018
  • Tax Year: 2018
  • Tax Year Tax: *
  • Lot ID Tax: *
  • Lot Size Tax: *
Parking
  • Parking/Driveway Description: Parking Lot-Exclusive, Driveway-Exclusive
  • # Garage Spaces: 4
  • Garage Description: Detached Garage
Property
Lot Information
  • Lot Description: Stream On Lot, Flag Lot
  • Lot Identifier: 10
  • Approximate Lot Size: 0.278
  • Total Acres: 0.28
  • Construction Date/Year Built: 0
  • Construction Date/Year Built Des: Approximate
Property and Assessments
  • Assessment Bldg: 120400.0
  • Assessment Land: 146700.0
Utilities
  • Cooling: No Cool
  • Utilities: Electric
  • Water: Public Water
  • Heating: 2 Units
  • Fuel Type: Electric, Gas-Natural, See Remarks
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Aluminum Siding, Composition Siding
Interior Features
  • Roof Description: Asphalt Shingle, Composition Shingle
  • Basement: No
  • Basement Description: Slab
  • Easement: No
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: Range/Oven - Electric, Refrigerator, Dishwasher, Kitchen Exhaust Fan
  • Unit 1 Baths: 2.0
  • Unit 1 Bedrooms: 3
  • Unit 1 Fireplaces: 0.0
  • Unit 1 Handicap Modified: No
  • Unit 1 Levels: 1.0
  • Unit 1 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Owner Pays Water
  • Unit 1 Rent: 999.0
  • Unit 1 Room Description: Dining Room, Kitchen, Bedrooms, Laundry Room, Family Room, Living Room
  • Unit 1 Rooms: 7.0
  • Unit 1 Security Deposit: 999.0
  • Unit 1 Sq Ft: 999.0
Unit 2 Information
  • Unit 2 Appl/Equip: Carbon Monoxide Detector, Range/Oven - Electric, Smoke Detector, Refrigerator, Dishwasher, Kitchen Exhaust Fan
  • Unit 2 Baths: 1.0
  • Unit 2 Bedrooms: 2
  • Unit 2 Fireplaces: 0.0
  • Unit 2 Handicap Modified: No
  • Unit 2 Levels: 2.0
  • Unit 2 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Owner Pays Water
  • Unit 2 Rent: 999.0
  • Unit 2 Room Description: Attic, Dining Room, Kitchen, Bedrooms, Laundry Room, Family Room
  • Unit 2 Rooms: 5.0
  • Unit 2 Security Deposit: 999.0
  • Unit 2 Sq Ft: 999.0
Multi-Family Information
  • Unit Style: 2-Two Story
Income & Expenses Information
  • Total Operating Expense: $999.00
  • Net Operating Income: $999.00
  • Gross Operating Income: $999.00

Property History for 742 Springfield Avenue

DateEvent & SourcePriceAppreciation
Jan 29, 2020

Sold

GSMLS #3556790

$485,000
May 14, 2019

Listed (Active)

GSMLS #3556790

$485,000
DateEvent & SourcePrice
01/29/2020

Sold

GSMLS #3556790

$485,000
05/14/2019

Listed (Active)

GSMLS #3556790

$485,000

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

Schools near 742 Springfield Avenue

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
Franklin 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: 742 Springfield Avenue, Summit, NJ 07901
$485,000
5
12,196
$515,000
2,935
12,110
2,322
11,674
$1,500,000
4
7,840
2,058
11,238
$515,000
2,398
32,801

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. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of BHHS - NEW JERSEY PROPERTIES, MARY C. TAFUR

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: 09/04/2026 04:43 AM. 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: 09/04/2026 04:43 AM © 2026 New Jersey Multiple Listing Service Inc. All rights reserved.