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Two-Bedroom Second-Floor Apartment
New
For Lease
$2,500/Mo

487 Gregory Avenue 2nd Floor, Passaic, NJ 07055

The rental includes a driveway parking space and a private storage shed in the rear yard.

Space SizeContact for details
Days on Market6

Property Features for 487 Gregory Avenue 2nd Floor

General Information

Standard status Active
Total Parking Spaces 1
Property subtype 2 Family

Additional Details

Utilities to Site Yes

Amenities

driveway parking spot
private storage shed

Building Details

Year Renovated 2022
Listing Agency: Coldwell Banker, Ridgewood
Listed By: Jennifer Ferreri
Source: Drostrealtygroup
Added: Oct 5 Changed: Oct 7 Last Checked: Oct 9 at 11:43PM

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, Ridgewood

Investment Insights

Based on property information with market context.

This second-floor residence is part of a two-family home and offers two bedrooms, a large living room with hardwood flooring, and a spacious kitchen with white appliances. The bathroom has been renovated. A private shed in the rear yard provides storage, and one driveway parking spot is included.

The home is on a residential street in Passaic, with train and bus service to New York City, downtown, schools, shops, restaurants, and parks nearby. The landlord covers water and lawn maintenance; the tenant pays other utilities and handles snow removal. Smoking and pets are not permitted, and an NTN screening and interview are required.

Key Highlights

  • Second‑floor rental in a two‑family home
  • Two bedrooms and a large living room with hardwood floors
  • Spacious kitchen with white appliances

Property Analytics

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Current Use

Residential income properties

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Storage Facility Locksmith Garden Center Tattoo & Piercing Shop Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Utilities to site
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,021
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
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Frequently Asked Questions

What type of property is this?
Residential income property - The rental includes a driveway parking space and a private storage shed in the rear yard.
Where is this residential income property located?
The property is located at 487 Gregory Avenue 2nd Floor Passaic, NJ.
What is the lease rate?
The lease rate is $2,500/Mo.
What are key features of this property?
This property features: Second‑floor rental in a two‑family home; Two bedrooms and a large living room with hardwood floors; Spacious kitchen with white appliances
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