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Multifamily Residential Income Property
For Sale
$759,999
Pending

303 Harrison St 2, Passaic, NJ 07055

For sale multifamily residential income building with walkability and some transit access ratings.

Property SizeContact for details
Days on Market98

Property Features for 303 Harrison St 2

General Information

Standard status Pending
Property subtype Multi Family

Taxes and HOA fees

Annual Taxes $9,512

Building Details

Year Built 1950
Units 2
Listed By: YIRA DEMORIZI
Source: Elliman
Added: Jun 3 Changed: Sep 5 Last Checked: Sep 8 at 5:01AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of YIRA DEMORIZI

Investment Insights

Based on property information with market context.

This for-sale multifamily residential income property is offered as an “other multifamily” asset. Beyond the property type, no additional building configuration, unit count, or condition details were provided with the listing information.

The address is 303 Harrison St 2 in Passaic, NJ 07055-8530. Area mobility indicators included in the remarks show a walk score of 74 (very walkable), a transit score of 44 (some transit), and a bike score of 46 (somewhat bikeable).

For buyers considering a residential income strategy, the walkability and access captured by these scores may be relevant to tenant lifestyle needs and day-to-day convenience. Since the information provided does not specify interior updates, amenities, or operational details, interested parties should plan to review all offering materials and confirm financial and physical particulars directly. The property may be best suited for investors and owner-operators who want to evaluate a multifamily holding in a pedestrian-friendly area with moderate transit connectivity.

Key Highlights

  • Multifamily residential income building built in 1950
  • Walk Score: 74 (very walkable)
  • Transit Score: 44 (some transit access)

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Parking Lot & Garage Veterinary Clinic (Bike/Boat/Book/etc) Store Pet Grooming Service Tattoo & Piercing Shop Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,268
Businesses Nearby

Demographics for 07055, NJ

70,518
Population
21,019
Households
3.4
Avg Household Size
32
Median Age
17%
College-Educated
67%
High-School Grad
3.1 sq mi
ZIP Area
22,748
Density / Sq Mi
$56,780
Median Household Income
$30,935
Median Earnings
$1,392
Median Rent
$406,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - For sale multifamily residential income building with walkability and some transit access ratings.
Where is this multifamily property located?
The property is located at 303 Harrison St 2 Passaic, NJ.
What is the asking price?
The asking price for this property is $759,999.
What are key features of this property?
This property features: Multifamily residential income building built in 1950; Walk Score: 74 (very walkable); Transit Score: 44 (some transit access)
More about this property
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