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Multifamily Portfolio for Sale
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60 Dayton Ave, Passaic, NJ 07055

Portfolio totals 121 units across eight assets, with studios, one- through three-bedrooms, and nine commercial units.

Property SizeContact for details
Days on Market122

Property Features for 60 Dayton Ave

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 121
Listing Agency: Colliers - Woodbridge, New Jersey
Listed By: Jacklene Chesler · License #NJ 9587537
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 22 at 4:56AM

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 Colliers - Woodbridge, New Jersey

Investment Insights

Based on property information with market context.

This for-sale portfolio includes 121 total units across eight multifamily assets, presented through a receivership. The unit mix consists of 21 studio units, 39 one-bedroom units, 41 two-bedroom units, and 11 three-bedroom units, along with nine commercial units.

The assets are located in Englewood, Clifton, Passaic, and Perth Amboy. The offering is being marketed as a multi-property acquisition designed to provide economies of scale for an ownership group.

Each property is part of the same portfolio package and sold together, offering a single acquisition to cover a range of residential unit types and the included commercial component.

Key Highlights

  • Northern New Jersey multifamily portfolio with 121 units across 8 assets
  • Unit mix includes 21 studios, 39 one‑bedrooms, 41 two‑bedrooms, and 11 three‑bedrooms
  • Includes 9 commercial units within the 8‑asset portfolio

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Hotel & Motel Storage Facility Veterinary Clinic Garden Center Law Firm

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

121
Residential units

Location Intelligence

Trade Area within ½ mile

3,049
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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Portfolio totals 121 units across eight assets, with studios, one- through three-bedrooms, and nine commercial units.
Where is this apartment building located?
The property is located at 60 Dayton Ave Passaic, NJ.
What are key features of this property?
This property features: Northern New Jersey multifamily portfolio with 121 units across 8 assets; Unit mix includes 21 studios, 39 one‑bedrooms, 41 two‑bedrooms, and 11 three‑bedrooms; Includes 9 commercial units within the 8‑asset portfolio
(973) 299-3083 Call to check price and availability
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