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5-Unit Apartment Building
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87 Passaic, Passaic, NJ 07055

Five lead-free certified apartments include a video camera security system and updated building systems.

Property SizeContact for details
Days on Market5

Property Features for 87 Passaic

General Information

Standard status Active
Property subtype 5+ Mixed Units

Units

Unit Mix 1 x 1BR, 3 x 2BR, 1 x 3BR
Multifamily Units 5

Amenities

video camera security system

Building Details

Year Built 1940
Listing Agency: Keller Williams Team Realty
Listed By: Spero Kalyoussef
Source: Capmarkrealty
Added: Oct 24 Changed: Oct 25 Last Checked: Oct 26 at 12:57PM

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 Keller Williams Team Realty

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Investment Insights

Based on property information with market context.

This 5-unit apartment building contains one 1-bedroom apartment, three 2-bedroom apartments, and one 3-bedroom apartment. All five apartments are lead-free certified, and the property has a video camera security system.

Building improvements include a new roof and electric service completed in 2023, along with a new heating system installed in 2021. The building dates to 1940.

Key Highlights

  • Five apartments: one 1‑bedroom, three 2‑bedroom, and one 3‑bedroom
  • Lead‑free certification applies to all five apartments
  • New electric service and roof completed in 2023

Property Analytics

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Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

1,743
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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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Five lead-free certified apartments include a video camera security system and updated building systems.
Where is this apartment building located?
The property is located at 87 Passaic Passaic, NJ.
What are key features of this property?
This property features: Five apartments: one 1‑bedroom, three 2‑bedroom, and one 3‑bedroom; Lead‑free certification applies to all five apartments; New electric service and roof completed in 2023
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