Multifamily Property in Passaic,
35 Columbia Ave Passaic, NJ 59937
35 Columbia Ave, Passaic, NJ, 59937
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For Sale
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Income-generating 8-unit multifamily property built in 2018.
Lot Size0.05 Acres
Days on Market62
Property Features for 35 Columbia Ave
General Information
- Standard status
- Active
- Lot size
- 0.05 Acres
- Property subtype
- Multifamily
Building Details
- Year Built
- 2018
Listing Agency
Michael Properties
Listed by
Michael Todaro · License #NJ 9909565
Source
Crexi
Added: May 19 Checked: Jul 17 at 1:15 pm
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 Michael Properties
Investment Insights
Based on property information with market context.
This income-producing multifamily property is located at 35 Columbia Ave, Passaic, NJ. Constructed in 2018, the building comprises eight units: one one-bedroom unit and five two-bedroom units. The property generates a gross annual income of $112,500, with a net operating income of $80,216, offering an approximate 6% cap rate. The property is zoned R3 and situated on a 30x62 lot.
Key Highlights
- Income‑producing multifamily property.
- Generates $112,500 in gross annual income.
- Net operating income of $80,216.
Property Analytics
Property Profile
Location Intelligence
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FAQs
What type of property is this?
Apartment building - Income-generating 8-unit multifamily property built in 2018.
Where is this apartment building located?
The property is located at 35 Columbia Ave Passaic, NJ.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Income‑producing multifamily property.; Generates $112,500 in gross annual income.; Net operating income of $80,216.
