Renovated Triplex With New
New
For Sale
$1,699,000
70 Richard St, Passaic, NJ 07055
Three-unit property combines a remodeled original residence with two newly built apartments.
Property Size1,522 SF
Days on Market4
Property Features for 70 Richard St
General Information
Standard status
Active
Size
1,522 SF
Property subtype
Investment
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
4BR/3BA, 3BR/2BA
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$9,823
Building Details
Building Size
1,522 SF
Stories
2
Listed By:
ROSA SANTOS
(201) 403-8728
Source:
Elliman
Added: Sep 22
Changed: Sep 23
Last Checked: Sep 24 at 11:43AM
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 ROSA SANTOS
Investment Insights
Based on property information with market context.
This triplex includes a substantially updated original home plus two newly constructed apartment units. The primary residence has 4 bedrooms, 3 full baths, a finished basement, formal dining area, large kitchen, and an added primary suite with its own bath. Its upper level includes two additional bedrooms and a full bath.
The second and third units each include an attached garage, open living and dining areas, a kitchen, three bedrooms, two baths, and a laundry room. Unit #2 also features a peninsula kitchen, while Unit #3 includes a dedicated primary bathroom. Built in 2026, the property is near the Passaic train station and a bus stop, with access to major highways within a few minutes. WalkScore is 74, BikeScore is 54, and TransitScore is 47.
The second and third units each include an attached garage, open living and dining areas, a kitchen, three bedrooms, two baths, and a laundry room. Unit #2 also features a peninsula kitchen, while Unit #3 includes a dedicated primary bathroom. Built in 2026, the property is near the Passaic train station and a bus stop, with access to major highways within a few minutes. WalkScore is 74, BikeScore is 54, and TransitScore is 47.
Key Highlights
- Triplex with one remodeled original home and two newly built apartments
- Unit #1 includes 4 bedrooms, 3 full baths, a finished basement, and an added primary suite
- Units #2 and #3 each offer 3 bedrooms, 2 baths, an attached garage, and laundry
Property Analytics
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Current Use
Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,139
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
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Triplex - Three-unit property combines a remodeled original residence with two newly built apartments.
Where is this triplex located?
The property is located at 70 Richard St Passaic, NJ.
What is the asking price?
The asking price for this property is $1,699,000.
What are key features of this property?
This property features: Triplex with one remodeled original home and two newly built apartments; Unit #1 includes 4 bedrooms, 3 full baths, a finished basement, and an added primary suite; Units #2 and #3 each offer 3 bedrooms, 2 baths, an attached garage, and laundry
