48 8Th Ave Passaic, NJ 07055
Fully renovated 8-unit multifamily property with strong income potential.
Source: Keller Williams City Views Realty
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Renovated Multifamily in Prime Location
Located at 48 8th Avenue in Passaic, NJ, this fully renovated 8-unit multifamily property was built in 1980 and extensively updated in 2025. The all-brick, low-rise building spans three stories and offers 6,256 square feet of living space. The unit mix comprises four two-bedroom units and four one-bedroom units. Situated on a 4,901 square foot corner lot, the freestanding property benefits from high visibility and ample street parking. The property is currently 100% occupied, generating strong in-place income with potential for additional upside through below-market rents. Residents have access to a fenced courtyard, laundry facilities, and storage amenities located in the basement. The building features separately metered electric and gas for each unit. Professional landscaping and solid construction ensure long-term durability and tenant appeal. The property provides easy access to public transit and major highways.
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Passaic
- County
- Passaic
- State
- New Jersey
- Longitude
- -74.140582
- Latitude
- 40.860692
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FAQs
What type of property is this?
Apartment building - Fully renovated 8-unit multifamily property with strong income potential.
Where is this apartment building located?
The property is located at 48 8Th Ave Passaic, NJ.
What is the asking price?
The asking price for this property is $1,599,000.
What are key features of this property?
This property features: - Income-producing 8-unit multifamily property with 100% occupancy.; - Fully renovated in 2025 with updated units and amenities.; - Prime Passaic location with easy access to public transit and major highways.