247 Hope Ave, Passaic City, NJ 07055
247 Hope Ave, Passaic City, NJ 07055
247 Hope Ave, Passaic City, NJ 07055
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Naveen Sharma

Naveen Sharma

+1(732) 429-0939
$899,000
Est. payment /mo
8 Beds
4 Baths
9,583 Sqft Lot
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UPDATED:

Key Details

Property Type Multi-Family, Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 4050592

Style See Remarks, Under/Over

Bedrooms 8

Full Baths 4

Year Built 2025

Annual Tax Amount $15,503

Tax Year 2025

Lot Size 9,583 Sqft

Property Description

Discover the Possibilities and unlock the exceptional potential of this Large Two Family home on an Oversized Lot 75 x 125. The very large two-family home generates $7,000 in gross monthly rental income. Collect strong cash flow while you explore future opportunities to possible subdivide -(see attached licensed appraisal for lot 37.5 x 100) or redevelopment - making this an ideal prospect for investors, builders, and visionaries. The existing two-family is being sold strictly as-is and any future development, buyer is responsible to acquire the necessary approvals. With its generous lot size and desirable setting, the possibilities are wide-open for those ready to create something special. A unique chance to combine income today with potential for more profit tomorrow. Don't miss it.

Location

State NJ

County Passaic

Rooms

Basement Finished, Walkout

Interior

Heating Gas-Natural

Cooling 2 Units, Central Air

Heat Source Gas-Natural

Exterior

Exterior Feature See Remarks

Utilities Available Electric, Gas-Natural

Roof Type Asphalt Shingle

Building

Sewer Public Sewer

Water Public Water

Architectural Style See Remarks, Under/Over

Others

Senior Community No

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Garden State MLS(GSMLS)
Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by COLDWELL BANKER REALTY

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Naveen Sharma

+1(732) 429-0939

naveen@fourpointrealty.com

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247 Hope Ave