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5-Unit Apartment Building with Private Yards
For Lease
$999,999
Pending

149 Howe Avenue, Passaic, NJ 07055

Fully occupied multifamily property with spacious residential layouts, basement areas, and separate tenant-paid utilities.

Space SizeContact for details
Days on Market21

Property Features for 149 Howe Avenue

General Information

Standard status Pending
Property subtype Office
Occupancy 100%

Site & Location

Highway Access Yes
Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $13,838

Building Details

Tenancy Multi
Abandoned No
Listing Agency: Keller Williams Realty Metropolitan
Listed By: Romina Scandroglio
Source: Drostrealtygroup
Added: Jul 22 Changed: Aug 3 Last Checked: Aug 3 at 8:35AM

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 Keller Williams Realty Metropolitan

Investment Insights

Based on property information with market context.

This 5-unit apartment building at 149 Howe Avenue includes five residential units with matching layouts. Each apartment has a living room, dining room, kitchen, three bedrooms, one full bathroom, and a partially finished basement. Residents also have access to a private yard, while tenants pay their own utilities. The property is fully occupied and is offered in its existing as-is condition.

The Passaic property is positioned near major highways, public transportation, shopping, dining, schools, and everyday services. Those nearby conveniences support access for residents and contribute to the building’s established rental setting.

Key Highlights

  • Five fully occupied apartment units
  • Each unit includes 3 bedrooms and 1 full bath
  • Living room, dining room, kitchen, and partially finished basement in every unit

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage (Bike/Boat/Book/etc) Store Acupuncture Storage Facility Pet Grooming Service

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

100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Utilities to site
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

3,147
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Fully occupied multifamily property with spacious residential layouts, basement areas, and separate tenant-paid utilities.
Where is this apartment building located?
The property is located at 149 Howe Avenue Passaic, NJ.
What is the lease rate?
The lease rate is $999,999.
What are key features of this property?
This property features: Five fully occupied apartment units; Each unit includes 3 bedrooms and 1 full bath; Living room, dining room, kitchen, and partially finished basement in every unit
More about this property
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