247 Hope Ave, Passaic, NJ 07055

Passaic
Local realty services provided by:ERA Suburb Realty Agency
247 Hope Ave,Passaic City, NJ 07055
$899,000
  • 8 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: pina nazario
Office: coldwell banker realty973-778-4500
MLS#:4050592
Source:NJ_GSMLS

Price summary

  • Price:$899,000

About this home

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.

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Home facts

  • Year built:2025
  • Listing ID #:4050592
  • Added:1 day(s) ago
  • Updated:September 05, 2026 at 12:00 AM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4
  • Full bathrooms:4
  • Rooms Total:19
  • Basement Description:Basement, Finished, Walkout

Heating and cooling

  • Cooling:2 Units, Central Air
  • Heating:2 Units, Forced Hot Air

Structure and exterior

  • Roof:Asphalt Shingle
  • Year built:2025
  • Lot area:0.22 Acres
  • Architectural Style:Under/Over

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$899,000
  • Tax amount:$15,503 (2025)

Features and amenities

  • Amenities:Gas-Natural

Parking

  • Parking description:On-Street Parking
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Date Last Updated September 5, 2026

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