Passaic, NJ Apartment Buildings for Sale

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Updated: Jul 7

Six-Unit Multifamily Building

8 3Rd St, Passaic, NJ 07055

$950,000

2,588 sqft

Six‑unit multifamily property built in 1900
Sold strictly as‑is; buyer is responsible for required inspections and repairs to close
Buyer must obtain Certificate of Continued Occupancy (C,C,O,) and complete smoke certification
Current income includes occupied units at $1,200 (attic), $1,200 (2nd floor rear), $1,800 (1st floor), $1,200 (basement), and $1,100 (rear top)
Vacant unit: 2nd floor front vacant; last rented December 2025 at $1,800

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Updated: Jun 19

Turnkey Rooming House Income Property

196 Madison St, Passaic, NJ 07055

$850,000

2,526 sqft

NJDCA‑licensed rooming house in Passaic with 2 one‑bedroom apartments plus 9 rent rooms
Top‑to‑bottom $500,000+ renovation completed in 2020, including new heating, electrical, and plumbing systems
2020 updates also included new roof, windows, siding, flooring, and structural stairs
2 one‑bedroom units each have their own bathroom and kitchen
9 rent rooms share 2 bathrooms and a dedicated kitchenette with sink, countertop, and microwave

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Multifamily Property in Passaic, NJ

35 Columbia Avenue, Passaic, NJ 07055

$1,299,000

0.05 AC lot

Income-generating 8-unit multifamily property built in 2018.

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5-Unit Multifamily Investment Property

149 Howe Ave, Passaic, NJ 07055

$999,999

Fully occupied 5-unit multifamily building with move-in ready 3-bedroom units, each with private yard access.

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High-Rise Multifamily Building

962 Main Ave, Passaic, NJ 07055

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8,600 sqft

Built in 1960, this high-rise multifamily property is 100% occupied and zoned C-R.

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Turnkey Licensed Rooming House

97 Jefferson St, Passaic, NJ 07055

$1,250,000

Fully renovated, NJDCA-licensed rooming house with 18 rooms, shared bathrooms, and kitchenette setups across three floors.

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Renovated Mixed-Use Investment Opportunity

976 Main, Passaic, NJ 07055

$949,999

1,100 sqft

Turn-key property with four units plus billboard income.

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Mixed-Use Income Portfolio

52-62 Dayton Avenue & 15 Hobart Street, Passaic, NJ 07055

$7,350,000

Portfolio includes 39 residential units, one store, and a large double-sided billboard, with on-site parking for 16 cars.

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Brick Six-Unit Apartment Building

35 Krueger, Passaic, NJ 07055

$1,199,000

Well-maintained solid brick building with six spacious two-bedroom apartments on a corner lot.

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Multifamily Home with Renovated Bathrooms

44 3Rd St, Passaic, NJ 07055

$469,000

0.03 AC lot

Multifamily home featuring renovated bathrooms and updated systems.

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Based on your search, we've compiled 20 Potential Opportunities for your consideration. Besides 10 Active listings in Passaic, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 5 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

12-Unit Apartment Building

164 Atlantic Street, Paterson, NJ 07503

Contact for pricing

9,000 sqft

Fully occupied apartment property with a 30-year tax abatement in Paterson, New Jersey.

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Mixed-Use Property with Warehouse and Retail

1038 Main Ave, Clifton, NJ 07011

Contact for pricing

26,000 sqft

Mixed-use property featuring warehouse space, office area, and six fully leased street-level retail storefronts.

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Brick Multifamily Building

328 Dakota St, Paterson, NJ 07503

$1,500,000

Six-unit brick residential building with separate utilities and on-site storage and garage parking.

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Six-Unit Brick Apartment Building

128 Highland Avenue, Clifton, NJ 07011

$1,300,000

Two-story brick multifamily with six 1-bed/1-bath units, a basement, and 16 parking spaces, fully occupied with leases in place.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Detached Two-Family Duplex

69 Martense Street, Brooklyn, NY 11226

$1,888,888

0.10 AC lot

Detached two-family residence with two three-bedroom apartments, a separate-entry basement, and public water and sewer service.

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Off-Market Properties in Passaic, NJ

Consider similar Off-Market properties in Passaic, NJ. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

APARTMENT HOUSE (UNDER 5 UNITS)

2 Market St, Passaic, NJ 07055-7312

$620,000

Estimated value

3,054 sqft 0.06 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

230-232 Harrison St, Passaic, NJ 07055-6202

Unit 232

$500,000

Estimated value

2,610 sqft 0.49 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

215 Burgess Pl, Passaic, NJ 07055-3239

$315,000

Estimated value

4,145 sqft 0.06 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

34 Wall St, Passaic, NJ 07055-8320

$300,000

Estimated value

3,087 sqft 0.08 AC lot

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Residential income properties

166 8Th St, Passaic, NJ 07055

Value Estimation by Request

9,999 sqft 0.06 AC lot

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Passaic, NJ Apartment Buildings Market Trends and Statistics

Explore 15 apartment buildings for sale in Passaic, NJ, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 14,814 square feet of properties for sale, with an estimated market value of $15,316,998.

Sale prices for two-family homes in Passaic, NJ start at $469,000, averaging $1,701,888, and reaching up to $7,350,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 70K

Population Growth (5Y) -0.8%

Median Household Income $56,780

College Educated 22.6%

High-Yield Neighborhoods for Investment

Identify Passaic submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
07055	$1.7M

Taxes & Financing

Tax Rate (average for all types) 3.94%

Property Tax per SF $16.34 per SF

Tax Rate vs County Average 0.41 pp below county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Passaic County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Passaic County

Residential Income

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