259 Highland Ave, Passaic City, NJ 07055

Local realty services provided by:ERA Reed Realty, Inc.
259 Highland Ave,Passaic City, NJ 07055
$699,900
  • - Beds
  • 6 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:ismail saleh
Office:exp realty, llc.
MLS#:3981979
Source:NJ_GSMLS

Price summary

  • Price:$699,900

About this home

Attention investors! Don?t miss this prime multi-family investment opportunity located in the heart of Passaic. This DUPLEX two-family property at 259-261 Highland Ave is tenant-occupied, providing immediate rental income, with strong upside potential for the right buyer willing to make value-add improvements. Each unit offers 3 bedrooms and 3 bathrooms, spacious layouts, and the property includes a full basement ideal for storage or additional rental possibilities. While the home does require repairs and updates, this is the perfect chance for an investor to unlock significant equity and maximize cash flow through renovations. Conveniently located near public transportation, major highways, schools, and shopping, this property is in a high-demand rental market, making it a solid long-term hold or repositioning opportunity.

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Home facts

  • Year built:1920
  • Listing Id #:3981979
  • Added:1 day(s) ago
  • Updated:August 19, 2025 at 01:53 AM

Rooms and interior

  • Total bathrooms:6
  • Full bathrooms:6

Heating and cooling

  • Heating:2 Units, Baseboard - Hotwater

Structure and exterior

  • Roof:Asphalt Shingle
  • Year built:1920
  • Lot area:0.13 Acres

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$699,900
  • Tax amount:$12,129 (2024)
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