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Susan Maryanski

Operator | Opulent Living | Keller Williams City Life

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247 Hope Ave , Passaic, NJ 07055
$899,000
Est. Payment: $4,629.87/mo
8 Bed
4 Bath
0 Sqft
Status: Active | Days on site: 1
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Susan Maryanski
Operator

House Description

Discover the Possibilities and unlock the exceptional potential of this Large Two Family home on an Oversized Lot 75 x 125. The very large two-family home generates $7,000 in gross monthly rental income. Collect strong cash flow while you explore future opportunities to possible subdivide -(see attached licensed appraisal for lot 37.5 x 100) or redevelopment - making this an ideal prospect for investors, builders, and visionaries. The existing two-family is being sold strictly as-is and any future development, buyer is responsible to acquire the necessary approvals. With its generous lot size and desirable setting, the possibilities are wide-open for those ready to create something special. A unique chance to combine income today with potential for more profit tomorrow. Don't miss it.

Highlights

Listed by Pina Nazario , (973) 886-6258 Coldwell Banker, Clifton , 973-778-4500. New Jersey Multiple Listing Service mls logo

Property Type

Multi-Family

County

Passaic

Area

Passaic

Listing ID

26033223

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:8
  • Bathrooms:4
  • Full Bathrooms:4
Other:
  • Additional:19

Exterior Features

Principal Interest
$4,630
Taxes
$1,292

Home Price

$899,000

Loan Details

30 yrs
6.677%

Down Payment

20%
$179,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$4,629.87

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,629.87 $1,291.92 $0.00 $5,921.79
Yearly $55,558.47 $15,503.00 $0.00 $71,061.47
Total $1,666,753.96 $465,090.00 $0.00 $2,131,843.96

Today's Rates

30 Year

6.68%

20 Year

6.59%

15 Year

6.04%

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Market insight data is pulled from the same city as the listing being viewed (Passaic, NJ).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

(c) 2026 New Jersey Multiple Listing Service, Inc, All Rights Reserved. Information provided by the New Jersey Multiple Listing Service, and Information Deemed Reliable But Not Guaranteed. The listing content relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of the NJMLS, Real Estate listings held by brokerage firms other than the brokerage firm of this website are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing brokers. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data last updated: 2026-09-05T12:14:49.700Z

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