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Two-Family Residential Income Home
For Sale
$620,000

383 Highland Ave, Passaic, NJ 07055

Well-maintained two-family home with two bedrooms, eat-in kitchen, living room, bath on each floor, plus finished basement and attic.

Property SizeContact for details
Days on Market20

Property Features for 383 Highland Ave

General Information

Standard status Active
Total Parking Spaces 6
Property subtype Multi Family

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $8,533

Building Details

Year Built 1940
Units 2
Listing Agency: EXP REALTY, LLC
Listed By: HUGO MEZA · License #276489
Source: Elliman
Added: Jul 21 Changed: Aug 8 Last Checked: Aug 8 at 10:42AM

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 EXP REALTY, LLC

Investment Insights

Based on property information with market context.

This well-maintained two-family residence features two bedrooms, an eat-in kitchen, a living room, and a bathroom on each floor, with the second floor laid out the same as the first. Additional finished space includes a finished basement and a finished attic, providing extra usable room beyond the main levels.

The property is situated on a corner lot and includes approximately six rear parking spaces. Walkability is rated very walkable, with bikeability somewhat bikeable and transit score listed as somewhat.

Designed as a straightforward two-unit setup, the home offers a repeated floor plan across both levels along with finished lower and upper areas for added flexibility.

Key Highlights

  • Well‑maintained 2‑family home built in 1940
  • Each floor includes 2 bedrooms, an eat‑in kitchen, a living room, and a bathroom
  • Finished basement adds additional usable living space

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Storage Facility Pet Grooming Service Tattoo & Piercing Shop Veterinary Clinic Buffet

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

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,840
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?
Duplex - Well-maintained two-family home with two bedrooms, eat-in kitchen, living room, bath on each floor, plus finished basement and attic.
Where is this duplex located?
The property is located at 383 Highland Ave Passaic, NJ.
What is the asking price?
The asking price for this property is $620,000.
What are key features of this property?
This property features: Well‑maintained 2‑family home built in 1940; Each floor includes 2 bedrooms, an eat‑in kitchen, a living room, and a bathroom; Finished basement adds additional usable living space
More about this property
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