Well-Maintained Two-Family
For Sale
$599,900
Pending
266 Madison St, Passaic, NJ 07055
Two-family home with separate utilities and finished basement.
Property SizeContact for details
Days on Market150
Property Features for 266 Madison St
General Information
Standard status
Pending
Property subtype
Multi-Family Listing
Taxes and HOA fees
Annual Taxes
$9,478
Building Details
Year Built
1910
Listed By:
Nicholas Real Estate
(973) 634-8853
Source:
Nicholasrealestate.idxbroker
Added: May 20
Changed: Oct 2
Last Checked: Oct 14 at 7:40PM
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 Nicholas Real Estate
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Investment Insights
Based on property information with market context.
This well-maintained two-family home presents a great investment opportunity. Each unit has separate utilities. The first-floor unit includes 2 bedrooms, a living room, a dining room, and a kitchen. The second-floor unit also features 2 bedrooms, a living room, a dining room, and a kitchen, along with a finished attic that provides additional space. The property also includes a finished basement with storage potential. The location is convenient, with walking distance access to local shopping, restaurants, and both local and mass transportation. The bike score is 46, indicating it is somewhat bikeable. The walk score is 74, indicating it is very walkable. The transit score is 44, indicating some transit options are available.
Key Highlights
- Excellent location: Very walkable with convenient access to local shopping, restaurants, and both local and mass transportation.
- Two separate units: Ideal for investment or owner‑occupancy with rental income.
- Separate utilities: Simplifies management and billing for each unit.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
3,111
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two-family home with separate utilities and finished basement.
Where is this duplex located?
The property is located at 266 Madison St Passaic, NJ.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: Excellent location: Very walkable with convenient access to local shopping, restaurants, and both local and mass transportation.; Two separate units: Ideal for investment or owner‑occupancy with rental income.; Separate utilities: Simplifies management and billing for each unit.
