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Commercial Sale For Sale

87 Passaic St, Passaic City, NJ 07055-8331

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Property Description
Beautifully renovated, maintenance-free 5-unit multi-family property, perfect for investors seeking a turnkey investment. All major improvements have been completed, including new electric service (2023), new roof (2023), and new heating system (2021). The property also features a video camera security system and lead-free certification for all five apartments. The unit mix consists of one 1-bedroom apartment, three 2-bedroom apartments, and one 3-bedroom apartment. Enjoy the benefits of a well-maintained property with major capital improvements already completed, offering an excellent opportunity to expand your real estate portfolio with minimal immediate maintenance concerns.
Basic Details
Property Type:
Commercial Sale
Listing Type:
For Sale
Listing ID:
4058911
Price:
$1,099,000
Year Built:
1940
Lot Area:
0.04 Acre
Status:
Active
Office Name:
KELLER WILLIAMS TEAM REALTY
Agent Name:
SPERO KALYOUSSEF
Property Sub Type:
Apartment Complex
Roof:
Asphalt Shingle, Rubberized
Features
Heating System:
4+ Units
Cooling System:
No Cool
Basement:
Bilco-Style Door
Sewer:
Public Sewer
Utilities:
Electric, Gas-Natural
Address Map
Country:
US
State:
NJ
County:
Passaic
City:
Passaic City
Zipcode:
07055-8331
Street:
Passaic St
Street Number:
87
Longitude:
W75° 53' 20.5''
Latitude:
N40° 51' 45.4''
Directions:
Market st to Passaic St
Zoning:
CR-HD
Additional Information
Lot Size Dimensions:
25X75
Water Source:
Public Water
Stories Total:
3
Number Of Units Total:
5
Building Size:
3030
Financial
Tax Annual Amount:
16414
Listing Information
List Agent Mls Id:
291019
List Office Mls Id:
2127
Mls Status:
Active
Modification Timestamp:
2026-10-16T10:39:36Z
Originating System Name:
gsmls
Commercial Sale For Sale
Listing ID:
4058911
Lot Area:
0.04 Acre
$1,099,000
Agent info
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Address: 637 Wyckoff Ave, 2nd Floor, Office 1 Wyckoff, NJ 07481
Phone: 201-891-8200
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