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    25 Park Ave Passaic, NJ 07055

    For Sale
    $779,000

    Well-maintained two-family home with updates, parking, and finished basement.

    Lot size:
    0.12 Acres

    Property Features for 25 Park Ave

    General Information

    Lot size
    0.12 Acres

    Building Details

    Year built
    1925

    Source: RUSSO REAL ESTATE Agent ROBERT A. RUSSO

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Updated Two-Family Home with Parking

    This is a well-maintained two-family home featuring a stucco exterior and updated interiors. The first floor includes a living room, an eat-in kitchen, two large bedrooms, and a newer bathroom with a shower stall. It also features high ceilings and a door leading to the yard. The completely finished basement includes an office, a newer bathroom with a shower stall, a side entry to the yard, and a laundry and utility room. The second floor features a living room, an updated eat-in kitchen, two bedrooms, an updated full bathroom, and a vaulted ceiling. The third floor is completely finished and includes two paddle fans and a full bathroom with a shower over tub, and electric heating. The property includes a long driveway with off-street parking for six cars, as well as two storage sheds. It has a newer gas/steam boiler and two newer tankless hot water tanks. The electric is updated and separate. The asphalt shingle roof is one year old. This property is suitable for owner-occupancy or investment, with easy commute to NYC.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Passaic
    County
    Passaic
    State
    New Jersey
    Longitude
    -74.1236104
    Latitude
    40.8474521

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    FAQs

    What type of property is this?
    Duplex - Well-maintained two-family home with updates, parking, and finished basement.
    Where is this duplex located?
    The property is located at 25 Park Ave Passaic, NJ.
    What is the asking price?
    The asking price for this property is $779,000.
    What are key features of this property?
    This property features: - Updated throughout, including kitchens and bathrooms on both floors.; - Finished basement with office, bathroom, and side entry.; - Off-street parking for 6 cars and long driveway.
    (201) 837-8800
    Request Owner's contact information
    25 Park Ave Passaic, NJ 07055
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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
    25 Park Ave Passaic, NJ 07055
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