52-62 Dayton Avenue & 15 Hobart Street Passaic, NJ 07055

Listing agency r***@kislakrealty.com Show Phone

Listed by Robert Squires

Source Kislakrealty

Added: Jul 3 Updated: Jul 22 at 8:47PM Checked: Jul 23 at 4:53AM

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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.

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

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FAQs

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