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    142 Passaic St

    Passaic City, NJ 07055
    • $729,000
    • STATUS: Active
    • ON SITE: 131 days
    • MLS #: 3648305
    UPDATED: 38 min ago
    $729,000
    • 4
      BEDS
    • N/A
      ACRES
    • 4
      BATHS
    • 1
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1950
    County:
    Area:

    School Ratings & Info

    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.

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    © 2020 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively 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 is deemed reliable but is not guaranteed accurate by the MLS or William Raveis Baer & McIntosh Real Estate. 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.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than William Raveis Baer & McIntosh Real Estate are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2020-11-23T10:46:39.23.
    www.baerhomes.com/homes/107851420
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    142 Passaic St Passaic City, NJ 07055

    • Price: $729,000
    • Status: Active
    • Updated: 38 min ago
    • MLS #: 3648305
    4
    Beds
    4
    Baths
    1
    ½ Baths
    N/A
    Acres
    1950
    Built
    County:
    Passaic
    Area:
    Passaic City
    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.
    Exterior Features

    Approximate Lot Size 25 1/4X100 Exterior Description BrickStucco Garage Description Detached Garage Number Of Parking Spaces 3 Parking Driveway Description Additional Parking Roof Description Flat

    Interior Features

    Basement Yes Basement Description Unfinished Cooling Central Air Heating Forced Hot Air Total Number Of Rooms 19 Unit1 Appliances Equipment See Remarks Unit1 Baths 1.0 Unit1 Bedrooms 1 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 2 Unit1 Room Description BedroomsKitchenLiving Room Unit1 Rooms 4 Unit1 Security Deposit 0 Unit1 Sq Ft 0 Unit2 Appliances Equipment See Remarks Unit2 Baths 1.0 Unit2 Bedrooms 1 Unit2 Fireplaces 0 Unit2 Levels 2 Unit2 Room Description BedroomsKitchenLiving Room Unit2 Rooms 4 Unit2 Sq Ft 0 Unit3 Baths 1.0 Unit3 Bedrooms 1 Unit3 Fireplaces 0 Unit3 Levels 3 Unit3 Room Description BedroomsKitchenLiving Room Unit3 Rooms 4 Unit3 Sq Ft 0 Unit4 Appliances Equipment See Remarks Unit4 Baths 1.0 Unit4 Bedrooms 1 Unit4 Fireplaces 0 Unit4 Levels 3 Unit4 Room Description BedroomsKitchenLiving Room Unit4 Rooms 4 Unit4 Sq Ft 0

    Property Features

    Assessment Total 356200 Building Assessment 246000 Easement No Exclusions All Personal Property Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 80460 Land Assessment 110200 Net Operating Income 0 Sewer Public Sewer Tax Amount 13097 Tax Rate Amount 3.677 Tax Rate Year 2019 Tax Year 2019 Total Operating Expense 0 Unit Style 3-Three Story Unit1 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit1 Rent 1060 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit2 Rent 1100 Unit2 Security Deposit 0 Unit3 Handicap Modified No Unit3 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit3 Rent 945 Unit3 Security Deposit 0 Unit4 Handicap Modified No Unit4 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit4 Rent 1050 Unit4 Security Deposit 0 Utilities Gas-Natural Water Public Water Year Built Description Approximate

    Listing information © 2020 Garden State Multiple Listing Service,LLC.
    Listing provided courtesy of Liberty Realty, Llc..


    © 2020 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively 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 is deemed reliable but is not guaranteed accurate by the MLS or William Raveis Baer & McIntosh Real Estate. 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.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than William Raveis Baer & McIntosh Real Estate are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2020-11-23T10:46:39.23.
     
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    97 South Broadway
    South Nyack NY, 10960