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247 Hope Avenue Passaic, NJ 7055

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For Sale
$849,999

Two-family home on oversized lot with redevelopment potential.

Type:Multi Family
Lot size:
0.22 Acres
Added:
Feb 7, 2026
Days on Market:
68
Last Refresh:
Mar 13 at 9:48 am

Property Features for 247 Hope Avenue

General Information

Standard status
Active
Lot size
0.22 Acres
Property subtype
Multi Family

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Listing Contact
Pina Nazario
Pina Nazario

Listing agent Pina Nazario

Listing office Coldwell Banker, Clifton

Listing date Feb 7, 2026

Source Compass

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 Coldwell Banker, Clifton


Overview

Oversized Lot Two-Family Home

Located in a residential neighborhood, this property features an oversized 75 x 125 lot improved with a two-family home. The property generates approximately $7,000 in gross monthly rental income. The existing two-family is being sold strictly as-is. The property offers potential for subdivision or redevelopment, subject to necessary approvals. The seller is willing to offer owner financing. The property is located in Passaic, NJ.
Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Daycare Center Building Supply

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

Location Insight

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  • Local Demand
City
Passaic
County
Passaic
State
New Jersey
Longitude
-74.1258641
Latitude
40.8716907

FAQs

What type of property is this?
Duplex - Two-family home on oversized lot with redevelopment potential.
Where is this duplex located?
The property is located at 247 Hope Avenue Passaic, NJ.
What is the asking price?
The asking price for this property is $849,999.
What are key features of this property?
This property features: Oversized 75 x 125 lot in a residential neighborhood.; Two‑family home generating approximately $7,000 in gross monthly rental income.; Potential for subdivision (37.5 x 100 lot) or redevelopment (subject to approvals).
More about this property
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