Renovated
New
For Sale
$710,000
374 High St, Passaic, NJ 07055
Separate gas and electric meters serve the two residences, with off-street parking and a three-car garage.
Property SizeContact for details
Days on Market4
Property Features for 374 High St
General Information
Standard status
Active
Total Parking Spaces
9
Property subtype
Multi Family
Occupancy
100%
Property Condition
Severity
Repairs Needed
Evidence
garage needs work
Site & Location
Highway Access
Yes
Public Transit
Yes
Utilities to Site
Yes
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Individually Metered Utilities
gas, electricity
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$10,696
Amenities
open front porches
rear deck
shared washer/dryer
Building Details
Year Built
1940
Year Renovated
2018
Buildings
1
Units
2
Tenancy
Multi
Listing Agency:
Keller Williams Towne Square Realty
Listed By:
EDNA M JONES
(908) 766-0085
Source:
Elliman
Added: Oct 30
Last Checked: Nov 1 at 5:47AM
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 Towne Square Realty
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Investment Insights
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Built in 1940 and updated in 2018, this over-under duplex contains two apartments, each with two bedrooms, one bathroom, an eat-in kitchen, a living room, and an additional flexible-use room. Both units have front and rear entrances, porches, and access to a rear deck. Separate gas and electric meters and individual electrical panels serve the apartments. The finished attic is unheated; the walkout basement is unfinished and includes shared laundry and storage. Six-car off-street parking and a three-car garage are on site. The garage needs work, and the property is offered as-is.
The building is on a dead-end street in Passaic, near Third Ward Park, Brook Haven Mall, Aisle One, Costco, shopping, dining, and major highways. Commuter rail service toward New York City is accessible via Secaucus Junction. Both apartments are tenant-occupied.
The building is on a dead-end street in Passaic, near Third Ward Park, Brook Haven Mall, Aisle One, Costco, shopping, dining, and major highways. Commuter rail service toward New York City is accessible via Secaucus Junction. Both apartments are tenant-occupied.
Key Highlights
- Two apartments, each with 2 bedrooms and 1 bathroom
- Renovations completed in 2018; original construction dates to 1940
- Separate gas and electric meters and individual electrical panels for each unit
Property Analytics
Who owns this building?
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Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
822
Businesses Nearby
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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 - Separate gas and electric meters serve the two residences, with off-street parking and a three-car garage.
Where is this duplex located?
The property is located at 374 High St Passaic, NJ.
What is the asking price?
The asking price for this property is $710,000.
What are key features of this property?
This property features: Two apartments, each with 2 bedrooms and 1 bathroom; Renovations completed in 2018; original construction dates to 1940; Separate gas and electric meters and individual electrical panels for each unit
