247 Hope Avenue, Passaic, NJ 07055

Passaic
Local realty services provided by:ERA Queen City Realty
247 Hope Avenue,Passaic, NJ 07055
$849,999
  • - Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: pina nazario
Office: coldwell banker, clifton
MLS#:26004967
Source:NJ_MLS

Price summary

  • Price:$849,999

About this home

Discover the Possibilities on an Oversized Lot. Unlock exceptional potential with this oversized 75 x 125 lot located in a residential neighborhood, featuring a very large two-family home generating approximately $7,000 in gross monthly rental income. Collect strong cash flow while you explore future opportunities - possible subdivision (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 will require the necessary approvals. With its generous lot size and desirable setting, the possibilities are wide-open for those ready to create something special. Bonus: The seller is willing to offer owner financing, adding flexibility and making this a rare opportunity to bring your project vision to life. A unique chance to combine income today with potential for tomorrow don't miss it.

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Home facts

  • Listing ID #:26004967
  • Added:46 day(s) ago
  • Updated:March 19, 2026 at 04:00 PM

Rooms and interior

  • Total bathrooms:4
  • Full bathrooms:4
  • Rooms Total:19

Finances and disclosures

  • Price:$849,999
  • Tax amount:$15,011
MLS Logo The data relating to the 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 ERA Queen City Realty are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Last date updated: March 19, 2026. Source: New Jersey Multiple Listing Service, Inc. 2026 New Jersey Multiple Listing Service, Inc. All rights reserved.

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