3,030 sqft

$1,099,000

87 Passaic St, Passaic City NJ, 07055

Price per sqft$362.71

Built in1940

Property size3,030 sqft

Property typeCommercial

Overview

Active

Listed Oct 14, 2026

Updated 5h ago

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.

Other Property Details

Taxes: $16,414
Tax Frequency: Annually

Courtesy of KELLER WILLIAMS TEAM REALTY with SPERO KALYOUSSEF,
Listing Contact: 9732532800

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