This two-family property offers a great investment opportunity with both units currently rented on a month-to-month basis. Unit 1, located on the first floor, includes 3 bedrooms, 1 full bathroom, a living room, and a kitchen. Unit 2, spanning the second floor and a finished attic, features 3 bedrooms, 1 full bathroom, a living room, and a kitchen, with hardwood floors on the main level and carpet in the attic. The second floor is equipped with central air for heating and cooling, while the first floor has window A/C units and baseboard heating. Both units have separate gas and electric meters, providing convenience and independence. Additional amenities include laundry hook-ups in the basement.
Welcome to this Newly Renovated 2 Family home with Modern Finishes. First FL. features 2 bd, 1 Ba, with Newly installed vinyl flooring, quartz countertop in the kit, laundry closet, rear deck, and porcelain tiles in the bathroom. Second FL features refinished hardwood FLs, quartz countertop in the kitchen, and porcelain tiles in the bathroom. Both Floors welcomes you with an open Floor concept that come with new Heat and Ac units. The apts also include: New Service, new electrical wiring throughout, new plumbing, new insulation and sheetrock, with recess lighting & access to the backyard. This home is conveniently located near schools, shops, NY bus stop, Passaic Train Station, and 3rd ward Park for all your recreational needs. Property located in a R3 Zone. Has the Potential to convert into a 3 Family. Come visit and hopefully one day call "The Linden St. House" HOME!
Large 2 family house. Lot size 50 x 182. Offers 3 bedrooms, living room, eat-in-kitchen and bath on each floor. Finished attic and basement. All separate utilities. Parking for up to 10 cars. Property has 7 garages. All of them rented out which generate extra income in the amount of $1,350/mo. PROPERTY BEING SOLD IN AS-IS CONDITION. HOUSE #332
Great Investment opportunity. Rents $6,200.00/mo, Taxes $12,364.00/yr, Water $2,400.00/yr, Insurance $4,160.00/yr, Alarm System $626.00/yr and Electricity $230/yr. Separate Utilities: 5 electric meters, 4 gas meters and 1 water meter. 4 HVAC systems for heat and 4 water heaters located inside of each apartment. A new roof was installed in February 2019. The Green Card was issued on 3/16/22. The owner has a lead-free certificate issued on 5/23/23 for the whole building. All tenants are registered in the City of Passaic. The owner holds a New Jersey real estate license.
12 bedroom rooming house. No kitchen
2-family home in a convenient location of Passaic, close to schools, shopping, NYC transportation, and major highways nearby, consisting of 3 bedrooms, eat-in kitchen, living room and bath, both apartments in similar condition and layout, separate utilities, gas baseboard heat, semi-finished basement with additional room and bath, private fenced-in yard.
Welcome to this well-maintained 6-unit multifamily building, an outstanding investment opportunity in a prime location. The property features two units on each of the three floors, with each unit offering 2 bedrooms, 1 bathroom, a living room, and an eat-in kitchen. All units have separate utilities and natural gas heating, making management straightforward. The basement adds value with a shared laundry room and a bonus studio apartment complete with a full bathroom and kitchen.This property is currently generating a total annual rental income of $100,128 and is being offered at a 8% cap rate, with rents currently below market value, providing an excellent opportunity for increased revenue. The rent roll includes: Apt 1 - $1,313, Apt 2 - $1,570, Apt 3 - $1,450, Apt 4 - $1,241, Apt 5 - $1,493, Apt 6 - $1,277. Annual expenses include approximately $6,500 for insurance and $18,000 for property taxes.Tenants can also enjoy the backyard, which features a storage shed and a small outdoor space. The building is located in a no-flood zone and offers easy access to major highways and public transportation, making it an attractive option for tenants. This multifamily property is a solid investment with great upside potential.
Welcome to this two-family property located in Passaic. Opportunity knocks on your door whether you are looking for your FIRST HOME or an investment property. The first floor has open layout with one bedroom, living room, kitchen and a full bathroom, finished basement. The second -floor bundle offers three bedrooms, living, kitchen, full bath and a finished attic area.
Amazing Opportunity for the Savvy Buyer / Investor to own this Beautifully Renovated Income Producing Multi Family Property Home in a Sought After Centrally Located Area of Desirable Passaic! Both Units Boasting 3 Bedrooms and 1 Full Bathroom with a Private Entrance to Full Unfinished Basement with Endless Potential! Take Advantage of the Finished Attic Space Space Connected to Unit 2, for Extra Living & Storage Space! Incredible Opportunity Not To Be Missed!
A two-family home with investment potential in a convenient location of Passaic, close to schools, shopping, and NYC transportation, fully rented, first and second floors feature 3 bedrooms, an eat-in kitchen, a living room, and a bath. The finished attic has 3 additional bedrooms, a bath, and a semi-finished basement. fully fenced-in yard, separate gas heat, and utilities, many recent upgrades including plumbing, main sewer, roof approx 5 years old.
Welcome to this spacious two family house with three bedrooms on the first floor and two in the second. Above ground basement with regular entrance through the front of the house, it had a full bathroom which was removed however, plumbing remains. Unfinished attic with upside potential to be finished and attach to second floor. Two blocks away from Downtown Passaic, public transportation and Schools.
ATTENTION INVESTORS! This fully renovated three-family home boasts a high gross rent roll of $104,400 annually. Each of the three apartments has undergone full renovations, featuring new kitchen cabinets, granite countertops, and brand-new appliances. Four fully renovated bathrooms. Separated utilities ensure low carrying costs. Tenants will appreciate the convenience of individual laundry hookups in each unit. Additional upgrades include two brand-new hot water heaters, a recently recoated roof, brand-new laminate wood floors and more. Third level apartment connects to the finished attic offering two additional bedrooms and additional full bath. Don't miss out on this exceptional opportunity!
WHAT A DEAL! OPPORTUNITY TO A LOCK IN YOUR MULTI FAMILY HOME, FEATURING 2 BEDROOMS, EAT IN KITCHEN, LIVING ROOM AND BATHROOM IN EACH UNIT. FULL WALK OUT BASEMENT AND UNFINISHED ATTIC FOR EXTRA STORAGE.
SUBJECT IS A LEGAL 2 FAMILY DWELLING CONTAINING 13 ROOMS, 6 BEDROOMS AND 2 1/2 BATHS. IT ISSITUATED ON A QUIET RESIDENTIAL STREET CONVENIENT TO PUBLIC TRANSPORTATION, MAJOR NJ HIGHWAYS AND SHOPPING. THIS IS A GREAT INVESTMENT OPPORTUNITY OR LIVE RENT FREE ENJOYING THE ADDITIONAL RENTAL INCOME.
Great opportunity to own an income producing 6-unit investment property in desirable Passaic, NJ. Some units have been renovated with plenty of upside. 1 units is vacant and was just painted and refreshed. 1 unit was just renovated and laundry was installed in the unit.
Opportunity knocks in this fully occupied two-family home renovated in 2021. It features hardwood fllors, stainless steel appliances, finish basement, finished attic, central air/heat, separate utilities and parking for 6 cars. Conveniently located near all major highways (RTS-21, 46, 3, 80, 17), public transportation, shopping, restaurants, schools, and hospital.
Good rental income. Near transportation to NYC. Nice duplex with finished basement. Current leases are month to month.
The median home value in Passaic, NJ is $450,000. This is higher than the county median home value of $447,000. The national median home value is $338,100. The average price of homes sold in Passaic, NJ is $450,000. Approximately 20.54% of Passaic homes are owned, compared to 75.84% rented, while 3.63% are vacant. Passaic real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Passaic real estate agent to arrange a tour today!
Passaic, New Jersey has a population of 70,308. Passaic is less family-centric than the surrounding county with 28.62% of the households containing married families with children. The county average for households married with children is 29.96%.
The median household income in Passaic, New Jersey is $49,436. The median household income for the surrounding county is $78,386 compared to the national median of $69,021. The median age of people living in Passaic is 30 years.
The average high temperature in July is 85.9 degrees, with an average low temperature in January of 22.1 degrees. The average rainfall is approximately 48.5 inches per year, with 25.6 inches of snow per year.