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Five-Unit Apartment Building
For Sale
$999,999

149 Howe Ave, Passaic, NJ 07055

R-3-zoned property with tenant-paid utilities and private yard access for each residence.

Property Size6,786 SF
Price / SF$147.36
Days on Market95

Property Features for 149 Howe Ave

General Information

Standard status Active
Size 6,786 SF
Property subtype Commercial
Zoning R-3
Occupancy 100%

Site & Location

Highway Access Yes
Public Transit Yes

Units

Unit Mix 5 x 3BR/1BA
Multifamily Units 5

Building Details

Building Size 6,786 SF
Year Built 1930
Stories 2
Units 5
Listing Agency: Keller Williams Metropolitan
Listed By: Jeremy Paulino
Source: Cammarotarealestate
Added: Jul 21 Changed: Oct 22 Last Checked: Oct 22 at 2:19PM

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 Metropolitan

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Investment Insights

Based on property information with market context.

This 1930-built apartment property contains five residences, each arranged with a living room, dining room, kitchen, three bedrooms and one full bathroom. A partially finished basement and access to a private yard are also included with each unit. The building offers 6,786 square feet of property area and is zoned R-3.

Occupants pay their own utilities. The property is in Passaic City, with access to highways, public transportation, shopping, dining and schools. It is offered in as-is condition.

Key Highlights

  • Five apartment units, each with three bedrooms and one full bath
  • 6,786 square feet of property area
  • Built in 1930 and zoned R‑3

Property Analytics

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Lease Details

5
Residential units
100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,974
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - R-3-zoned property with tenant-paid utilities and private yard access for each residence.
Where is this apartment building located?
The property is located at 149 Howe Ave Passaic, NJ.
What is the asking price?
The asking price for this property is $999,999.
What are key features of this property?
This property features: Five apartment units, each with three bedrooms and one full bath; 6,786 square feet of property area; Built in 1930 and zoned R‑3
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