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    514 Lafayette Ave Passaic, NJ 07055

    Pending
    For Sale
    $698,888

    Multi-Family, 2-Two Story - Passaic City, NJ

    Property size:
    2,200 SF
    Days on Market:
    32
    Last Refresh:
    Dec 8 at 7:06 am

    Property Features for 514 Lafayette Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Pending
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Dining Room, Kitchen
    Bedrooms
    4
    Bathrooms
    3
    Parking
    6
    Parking features
    Driveway
    Basement Y/N
    1
    Size
    2,200 SF

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1940
    Number of units
    2
    Building materials
    Aluminum Siding
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    Real Broker LLC

    Listing agent MASHA LANDKOF (855) 450-0442

    Listing date Nov 7, 2025

    MLS# 3994761 Listing URL

    Copyright © 2025 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Two-Family Home, Passaic City

    This fully renovated, fully vacant two-family home is located in a sought-after neighborhood. Each unit features 2 bedrooms and 1 modern bath, along with central air and heat, stainless steel appliances, and updated finishes. The finished basement offers extra living space with two rooms, a full bath, and a bonus area. The property includes private entrances, separate utilities, ample parking, and a fenced backyard. The property size is 2200 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Passaic
    County
    Passaic
    State
    New Jersey
    Longitude
    -74.14038
    Latitude
    40.86152

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    FAQs

    What type of property is this?
    Duplex - Fully renovated, vacant two-family home in a sought-after neighborhood.
    Where is this duplex located?
    The property is located at 514 Lafayette Ave Passaic, NJ.
    What is the asking price?
    The asking price for this property is $698,888.
    What are key features of this property?
    This property features: - Fully renovated 2-family home, move-in ready.; - Each unit has 2 bedrooms, 1 modern bath, central air/heat, and stainless steel appliances.; - Finished basement with extra living space, full bath, and bonus area.
    (855) 450-0442
    Request Owner's contact information
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    Passaic, NJ 07055
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    514 Lafayette Ave Passaic, NJ 07055
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