Address
142 Passaic St Passaic City, NJ
Price
$ 729,000
Property Attributes
  • ML#3648305
  • TypeMulti-Family
  • CountyPASSAIC
  • CityPassaic City
  • AreaPassaic City
  • Zip07055
  • Style3-Three Story
  • Year Built1950
  • Taxes13097
  • Price$ 729,000
  • Bedrooms4
  • Full Bathrooms4
  • Half Bathrooms1
Listing Provided Courtesy Of:
LIBERTY REALTY, LLC.
Property Description

A gem like this does not come to market often! 5-unit investment opportunity has been maintained immaculately. Property features 4, 1-bedroom apartments, commercial space, and a covered garage with 4 parking spots in total. An amazing 7% cap rate that cannot be passed up. Roof has been replaced within the last 4 years. Central A/c and forced hot air. Conveniently located near RT 21 and a 10-minute walk to Garfield train station. Schedule your appointment today.

Price History
7/14/2020 Listed $729,000

General Features

Architectural Style 3-Three Story
Cooling Central Air
Drive Additional Parking
Garage Detached Garage
Garage Spaces 3
Heating Forced Hot Air
Open Parking Spaces 3
Roof Flat
Sewer Public Sewer
Tax Annual Amount 13097
Total Units 4
Township Passaic City
Utilities Gas-Natural

Interior Features

Basement Unfinished
Fuel Type Gas-Natural
Unit 1 Appl/equip See Remarks
Unit 1 Baths Total 1.0
Unit 1 Beds Total 1
Unit 1 Handicap Modified No
Unit 1 Levels 2
Unit 1 Room Description Bedrooms, Kitchen, Living Room
Unit 1 Rooms 4
Unit 2 Appl/equip See Remarks
Unit 2 Baths Total 1.0
Unit 2 Beds Total 1
Unit 2 Handicap Modified No
Unit 2 Levels 2
Unit 2 Room Description Bedrooms, Kitchen, Living Room
Unit 2 Rooms 4
Unit 3 Appl/equip See Remarks
Unit 3 Baths Total 1.0
Unit 3 Beds Total 1
Unit 3 Handicap Modified No
Unit 3 Levels 3
Unit 3 Room Description Bedrooms, Kitchen, Living Room
Unit 3 Rooms 4
Unit 4 Appl/equip See Remarks
Unit 4 Baths Total 1.0
Unit 4 Beds Total 1
Unit 4 Handicap Modified No
Unit 4 Levels 3
Unit 4 Room Description Bedrooms, Kitchen, Living Room
Unit 4 Rooms 4
Unittype1totalrent 1060
Unittype2totalrent 1100
Unittype3totalrent 945

Exterior Features

Exterior Description Brick, Stucco
Lot Dimensions 25 1/4X100
Water Source Public Water

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 07055

Price
AVG $470K
$730K
Taxes
AVG $9,632
$13,097
Visits
AVG 31
113
Year Built
AVG 1923
1950
Walkscore
AVG 88
88
Data Provided by Walkscore ® not using MLS data

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.

Areas We Cover