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Residential Income For Sale

89 Burgess Place, Passaic, NJ 07055

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Property Description

Exceptional turnkey two-family opportunity offering income, flexibility, and a highly convenient location. Fully renovated in 2021, this well-maintained property features a 2-bedroom first-floor residence with generous living and dining areas, plus a 3-bedroom second-floor residence with a full bath. Separate finished basement and attic spaces, each with legal kitchens and bathrooms, add valuable flexibility for extended living, storage, or other permitted uses. With an impressive current rent roll of $6,900 per month, this property is positioned to appeal to investors seeking dependable cash flow as well as owner-occupants looking to reduce monthly housing expenses through rental income. Ideally located near public transportation, schools, parks, restaurants, and daily conveniences. Paved front yard offers low-maintenance appeal and potential future driveway possibilities with municipal approval. A compelling income-producing asset with room to support both lifestyle and long-term wealth building.

Basic Details
Property Type:
Residential Income
Listing Type:
For Sale
Listing ID:
26036457
Price:
$699,000
Status:
Active
Office Name:
United Real Estate
Agent Name:
Boris Alan
Features
Architectural Style:
2 Family
Laundry Features:
Basement
Utilities:
Sep Elec, Sep Gas
Address Map
Country:
US
State:
NJ
County:
PASSAIC
City:
Passaic
Zipcode:
07055
Street:
Burgess
Street Number:
89
Street Suffix:
Place
Longitude:
W75° 52' 0.1''
Latitude:
N40° 52' 12''
Additional Information
On Market Date:
2026-09-24
Financial
Tax Annual Amount:
12527
Listing Information
Co List Agent Mls Id:
456888
List Agent Mls Id:
1013334
List Office Mls Id:
2640
Mls Status:
Active
Modification Timestamp:
2026-09-25T16:04:52Z
Originating System Name:
njmls
Status Change Timestamp:
2026-09-24
Residential Income For Sale
Listing ID:
26036457
$699,000
Agent info
Contact Agent

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