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Half-Duplex Multifamily Property
For Sale
$560,000

9 Guenther Place, Passaic, NJ 07055

Well-maintained residential income property with an open main level, finished basement, and dedicated two-car parking.

Property SizeContact for details
Days on Market41

Property Features for 9 Guenther Place

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Multi-Family

Additional Details

Multifamily Units 1

Amenities

office area
laundry room

Building Details

Year Built 1939
Listing Agency:
Listed By: Michael Akkus
Source: Theakkusgroup
Added: Jul 22 Changed: Aug 28 Last Checked: Aug 30 at 4:12PM

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 Michael Akkus

Investment Insights

Based on property information with market context.

This well-maintained half-duplex multifamily property offers a four-bedroom, two-bathroom layout built for practical residential use. The first floor combines an open-concept living room with a formal dining area and a kitchen equipped with ample cabinet and counter space.

The finished basement adds a full bathroom, office area, and laundry room, expanding the usable interior beyond the main living level. Parking for two cars is included. Constructed in 1939, the property provides a defined residential configuration with flexible space for living, work, and household functions.

Key Highlights

  • Half‑duplex multifamily property with 4 bedrooms and 2 full bathrooms
  • Finished basement includes a full bathroom, office area, and laundry room
  • Open‑concept first floor with living room, formal dining area, and kitchen

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Acupuncture Garden Center Gym & Fitness Center (Bike/Boat/Book/etc) Store

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

1
Residential units

Location Intelligence

Trade Area within ½ mile

1,114
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?
Multifamily property - Well-maintained residential income property with an open main level, finished basement, and dedicated two-car parking.
Where is this multifamily property located?
The property is located at 9 Guenther Place Passaic, NJ.
What is the asking price?
The asking price for this property is $560,000.
What are key features of this property?
This property features: Half‑duplex multifamily property with 4 bedrooms and 2 full bathrooms; Finished basement includes a full bathroom, office area, and laundry room; Open‑concept first floor with living room, formal dining area, and kitchen
More about this property
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