$1,300,000

38 Summit Ave Chatham Boro, NJ 07928

$10,000
Closing credit¹
6 beds
3 full
0.4 acres
Multi-Family

Property details

About 38 Summit Ave

This rare opportunity to own side-by-side duplex property is located in the heart of Chatham, walkable to Town and Train station. ideal for investors or to occupy one unit and earn income. There are two units (Units# 36 and 38). Each unit has its separate driveway, parking lot, backyard, basement, baseboard heat, and electric and gas meters. Unit# 36 has window AC units and unit# 38 has central AC. Unit 38 has a detached garage - the garage and roof need work (being sold "as is"). The tenant in unit# 38 will leave at the end of June. Market rents for 3-bedroom units are around $3,500 per month. Landlord pays for water, sewer, taxes, and garbage removal

Highlights

Home typeMulti Family
HeatingMulti Unit(s), Zoned, Natural Gas
StatusActive
CoolingMulti Unit(s), Central Air, Other
BasementYes
Lot size0.37 Acres
Year built1900
Parking1 Car Width, 2 Car Width, Blacktop, Detached Garage, Garage Parking, Loft Storage, On-Street Parking
MLS #3961106
Garage2 spaces

Summary

  • Full Bathrooms: 3
  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Basement: Yes
  • Interior: Carbon Monoxide Detector, Carpeting, Fire Alarm Sys, Fire Extinguisher, Security System, Tile Floors, Wood Floors
  • Total Bedroom Count: 6
  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: 1 Car Width, 2 Car Width, Blacktop, Detached Garage, Garage Parking, Loft Storage, On-Street Parking
  • Exterior: Curbs, Deck, Enclosed Porch(es), Metal Fence, Privacy Fence, Sidewalk, Storm Door(s), Storm Window(s), Thermal Windows/Doors, Wood Fence
  • Architectural Style: 2-Two Story, Duplex-Side by Side
  • Heating: Multi Unit(s), Zoned, Natural Gas
  • Cooling: Multi Unit(s), Central Air, Other
  • List Price: $1,300,000
  • Lot: Level
  • Directions: Main Street to Summit Ave.
  • Year Built: 1900
  • Lot Size: 0.37 Acres
  • MLS Number: 3961106
  • Office Name: J GRAHAM REALTY LLC
  • Office Phone: (973) 540-1232

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Last updated on: 5/17/2025, 10:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of home with a chimney

$1,300,000

38 Summit Ave

$10,000

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

9

Washington Elementary School

Public District 1-5

0.9 mi

507 Morris Ave

8

Lafayette Avenue School

Public District 4-5

1.1 mi

221 Lafayette Ave

8

Kings Road Elementary School

Public District KG-5

1.5 mi

215 Kings Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $170,000. Typical income of Chatham Boro, NJ residents is $200k+ annually. Most families are married, with kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

8%
<35k
23%
35k-100k
28%
100k-200k
41%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

23%
Single, No Kids
7%
Single, with Kids
28%
Married, No Kids
42%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

24%
<11 yrs old
9%
12-17 yrs old
13%
18-34 yrs old
44%
35-64 yrs old
10%
65+ yrs old

What do the neighbors do for fun?

  • TennisTennis
  • Skiing/snowboardingSkiing/snowboarding
  • Men's TennisMen's Tennis

Where do the neighbors shop?

  • Brooks BrothersBrooks Brothers
  • NordstromNordstrom
  • BloomingdalesBloomingdales

Where do the neighbors go to eat?

  • QdobaQdoba
  • California Pizza KitchenCalifornia Pizza Kitchen
  • Bonefish GrillBonefish Grill

What do the neighbors drive?

  • AcuraAcura
  • BMWBMW
  • LexusLexus

What do the neighbors listen to?

  • SportsSports
  • Talk/PersonalityTalk/Personality
  • NewsNews
All data provided by Home Junction and Claritas

This home is located at 38 Summit Ave in Chatham Boro, NJ and zip code 07928. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 6, 2025 and is currently priced at $1,300,000.

While more than 15 listings in Chatham Boro, NJ in April 2025 were sold above asking price, there were more than 1 listings sold at asking price, and more than 1 were sold below. The number of listings in Chatham Boro, NJ increased by 21.6% between March and April 2025.

From Rocket Homes Real Estate and based on county public records data.

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