Mixed-Use Income
For Sale
$7,350,000
52-62 Dayton Avenue & 15 Hobart Street, Passaic, NJ 07055
Portfolio includes 39 residential units, one store, and a large double-sided billboard, with on-site parking for 16 cars.
Property SizeContact for details
Days on Market68
Property Features for 52-62 Dayton Avenue & 15 Hobart Street
General Information
Standard status
Active
Total Parking Spaces
16
Property subtype
Multifamily
Occupancy
100%
Additional Details
Highway Access
Yes
Multifamily Units
39
Listed By:
Robert Squires
(732) 750-3000
Source:
Kislakrealty
Added: Jul 3
Changed: Aug 25
Last Checked: Sep 8 at 7:14AM
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 Robert Squires
Investment Insights
Based on property information with market context.
This for-sale portfolio includes 39 residential units, one store, and a large double-sided billboard. Tenant-paid utilities include heat and electric usage. Of the 39 units, 29 have been fully renovated, supporting a mix of updated and remaining residential inventory within the same offering. The property also includes on-site parking for 16 cars.
The portfolio is centrally located next to a Route 21 entrance ramp, providing convenient access. The public remarks indicate the properties are fully occupied.
As presented, the combination of residential units, retail storefront space, and billboard infrastructure creates a diversified income stream within a single portfolio, with noted upside associated with below-market rents.
The portfolio is centrally located next to a Route 21 entrance ramp, providing convenient access. The public remarks indicate the properties are fully occupied.
As presented, the combination of residential units, retail storefront space, and billboard infrastructure creates a diversified income stream within a single portfolio, with noted upside associated with below-market rents.
Key Highlights
- Portfolio in Passaic, NJ with 39 residential units plus 1 store and a large double‑sided billboard
- 29 units are fully renovated
- Tenants pay for their own heat and electric usage
Property Analytics
Current Use
Lease Details
39
Residential units
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,447
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
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - Portfolio includes 39 residential units, one store, and a large double-sided billboard, with on-site parking for 16 cars.
Where is this apartment building located?
The property is located at 52-62 Dayton Avenue & 15 Hobart Street Passaic, NJ.
What is the asking price?
The asking price for this property is $7,350,000.
What are key features of this property?
This property features: Portfolio in Passaic, NJ with 39 residential units plus 1 store and a large double‑sided billboard; 29 units are fully renovated; Tenants pay for their own heat and electric usage
