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Two-Unit Duplex with Finished Spaces
For Sale
$699,000

89 Burgess Pl, Passaic, NJ 07055

Renovated in 2021, the property includes two residences alongside finished basement and attic areas.

Property SizeContact for details
Days on Market30

Property Features for 89 Burgess Pl

General Information

Standard status Active
Property subtype Multi Family Home
Net Operating Income $64,800

Units

Unit Mix 1 x 2BR, 1 x 3BR/1BA
Multifamily Units 2

Additional Details

Gross Income $82,800
Public Transit Yes

Amenities

Carbon Monoxide Detector
Fire Extinguisher
High Ceilings
Smoke Detector
Vinyl-Linoleum Floors
Metal Fence
Pool-Above Ground
Sidewalk
Storage Shed

Building Details

Year Built 1910
Year Renovated 2021
Units 2
Listing Agency: United Real Estate
Listed By: Boris Alan Saharig · License #1647145
Source: Cammarotarealestate
Added: Sep 24 Changed: Oct 23 Last Checked: Oct 22 at 2:26PM

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 United Real Estate

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Investment Insights

Based on property information with market context.

This duplex contains two residences with different layouts: a first-floor, 2-bedroom home with living and dining areas, and a second-floor, 3-bedroom home with a full bath. Finished basement and attic spaces each have a legal kitchen and bathroom. The property was renovated in 2021 and has a paved front yard.

Public transportation, schools, parks, restaurants, and everyday conveniences are in the surrounding area. The property was built in 1910 and is offered as a residential income asset with two primary residences and additional finished spaces.

Key Highlights

  • Two residences: a 2‑bedroom first‑floor home and a 3‑bedroom second‑floor home
  • Finished basement and attic spaces, each with a legal kitchen and bathroom
  • Renovated in 2021

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

3,194
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Duplex - Renovated in 2021, the property includes two residences alongside finished basement and attic areas.
Where is this duplex located?
The property is located at 89 Burgess Pl Passaic, NJ.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Two residences: a 2‑bedroom first‑floor home and a 3‑bedroom second‑floor home; Finished basement and attic spaces, each with a legal kitchen and bathroom; Renovated in 2021
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