Passaic NJ Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
n/a
Status:
NEW LISTING
Beds:
6
Baths:
2.00
MLS#:
24036657

ADDITIONAL INFORMATION

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.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
NEW LISTING
Beds:
5
Year built:
1970
Baths:
2.00
MLS#:
24036158

ADDITIONAL INFORMATION

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!

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
NEW LISTING
Beds:
6
Baths:
3.00
MLS#:
24036155

ADDITIONAL INFORMATION

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

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
10
Baths:
4.00
MLS#:
24035705

ADDITIONAL INFORMATION

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.

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
12
Year built:
1940
Baths:
5.00
MLS#:
24035480

ADDITIONAL INFORMATION

12 bedroom rooming house. No kitchen

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
6
Lot size:
0.07 Acres
Year built:
1930
Baths:
3.00
MLS#:
3932523

ADDITIONAL INFORMATION

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.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
12
Lot size:
0.06 Acres
Baths:
6.00
MLS#:
3931518

ADDITIONAL INFORMATION

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.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Lot size:
0.07 Acres
Year built:
1939
Baths:
2.00
MLS#:
3931372

ADDITIONAL INFORMATION

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.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
6
Lot size:
0.11 Acres
Year built:
1940
Baths:
2.00
MLS#:
3929225

ADDITIONAL INFORMATION

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!

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
7
Lot size:
0.06 Acres
Year built:
1930
Baths:
3.00
MLS#:
3928457

ADDITIONAL INFORMATION

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.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Lot size:
0.12 Acres
Year built:
1924
Baths:
2.00
MLS#:
3924072

ADDITIONAL INFORMATION

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
5
Lot size:
0.08 Acres
Baths:
2.00
MLS#:
3923459

ADDITIONAL INFORMATION

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.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
8
Baths:
4.00
MLS#:
24029160

ADDITIONAL INFORMATION

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!

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Lot size:
0.06 Acres
Baths:
2.00
MLS#:
3919899

ADDITIONAL INFORMATION

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.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
6
Lot size:
0.11 Acres
Year built:
1900
Baths:
3.00
MLS#:
3920145

ADDITIONAL INFORMATION

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.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1980
Baths:
MLS#:
24026476

ADDITIONAL INFORMATION

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.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Lot size:
0.11 Acres
Year built:
1930
Baths:
3.00
MLS#:
3917873

ADDITIONAL INFORMATION

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.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
8
Lot size:
0.08 Acres
Year built:
1930
Baths:
4.00
MLS#:
3914786

ADDITIONAL INFORMATION

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
6
Lot size:
0.11 Acres
Year built:
1930
Baths:
3.00
MLS#:
3911672

ADDITIONAL INFORMATION

Good rental income. Near transportation to NYC. Nice duplex with finished basement. Current leases are month to month.

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Andrea Conner, License 1758875, Xome Inc., License 2326449, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of NJMLS. Real estate listings held by brokerage firms other than the owner of this site are marked 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. Some properties listing 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: {{last updated}}
Source: New Jersey Multiple Listing Service, INC.

©2024 New Jersey Multiple Listing Service, Inc. All rights reserved.

Andrea Conner, License 1758875, Xome Inc., License 2326449, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in Purchasing. Information deemed reliable but not guaranteed. Copyright © 2024 Garden State Multiple Listing Service, LLC. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.



Passaic Real Estate

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.

Passaic Weather

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.

Passaic Real Estate Market Conditions

  • Median sales price

    $450,000
    13.9% change since last quarter
  • # Active listings

    64
    30-day change

Passaic Schools and Demographics

Education near Passaic, NJ

Metric City County
High School Graduates 67.52 85.02
College Degree - 2 year 3.9 5.08
College Degree - 4 year 15.88 29.85
Graduate Degree 3.79 7.23
Expenditures per Student 25,834 25,834
Students per Teacher 12.4 12.4

Elementary Schools near Passaic, NJ

School Grades Students P/T Ratio ZIP
Abraham Lincoln School #6 PK - 05 430 11.9 07026
Casimir Pulaski School # 8 PK - 02 385 10.5 07055
Christopher Columbus School #8 PK - 05 413 12.9 07026
Daniel F. Ryan Elementary School # 19 02 - 06 718 12 07055
Etta GERO School # 9 03 - 06 732 14.9 07055
Frank W. Gavlak Elementary School KG - 06 447 14.5 07057
Garfield Early Childhood Learning Center PK - PK 329 10.8 07026
Garfield Public Preschool Annex PK - PK 138 12 07026
James Madison School #10 PK - 05 393 12.3 07026
Jefferson Elementary School KG - 03 298 17.1 07057
Mario Drago School # 3 PK - 06 738 9.5 07055
Martin Luther King Jr. School # 6 PK - 06 1,043 11.7 07055
Passaic Arts and Science Charter School KG - 08 536 11.9 07055
Roosevelt School #7 PK - 05 360 13.8 07026
School # 16 PK - KG 381 8.1 07055
School # 17 PK - 01 462 12.3 07055
School # 2 KG - 02 201 11.2 07055
School # 5 KG - 06 377 11.1 07055
School #1 KG - 05 298 14.9 07011
School #11 KG - 05 504 16.3 07011
School #12 KG - 05 671 12.8 07011
School #14 KG - 05 340 10.5 07012
School #15 KG - 05 364 14.6 07011
School #17 KG - 05 597 13.6 07011
School #3 KG - 05 292 17.2 07011
School #4 KG - 05 167 9.3 07011
School #9 KG - 05 321 16.9 07012
Theodore Roosevelt School # 10 02 - 06 797 15.5 07055
Thomas Jefferson School # 1 KG - 06 793 13 07055
Ulysses S. Grant School # 7 PK - 01 363 11.7 07055
Vincent Capuana School # 15 PK - PK 56 2.3 07055
Washington Irving School #4 PK - 05 422 11.7 07026
William B. Cruise Memorial School # 11 01 - 06 1,260 13.8 07055
Woodrow Wilson School #5 PK - 05 310 11.5 07026

Middle Schools near Passaic, NJ

School Grades Students P/T Ratio ZIP
Christopher Columbus Middle School 06 - 08 1,162 10.8 07011
Garfield Middle School 06 - 08 981 11.3 07026
Lincoln Middle School # 4 07 - 08 1,941 12.2 07055
School #4 Annex PK - 02 180 17.5 07026

High Schools near Passaic, NJ

School Grades Students P/T Ratio ZIP
Garfield High School 09 - 12 1,052 10.7 07026
Passaic High School # 12 09 - 12 2,940 14.7 07055
Wallington Junior Senior High School 07 - 12 537 14.5 07057

Ungraded Schools near Passaic, NJ

School Grades Students P/T Ratio ZIP
* Essex High School 07 - 12 21 4.2 07055
* Hope Academy 09 - 12 56 5.3 07055
Bergen Arts and Sciences CS KG - 12 959 12.4 07026
Garfield Auxiliary Ms/HS 06 - 12 63 4.2 07011

Demographics near Passaic, NJ

Metric City County
Neighborhood Type Inner City
Population 70,308 521,067
Population Density 22,441 2,801
Median Age 30 37.5
People per Household 3.5 2.9
Median Household Income 49,436 78,386
Average Income per Capita 21,152 35,723