48 8th Avenue, Passaic, NJ 07055

Local realty services provided by:ERA Queen City Realty
48 8th Avenue,Passaic, NJ 07055
$1,599,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: bruce elia, jr.
Office: keller williams city views realty
MLS#:25033281
Source:NJ_MLS

Price summary

  • Price:$1,599,000

About this home

Property Website: https://lekker.hd.pics/48th-Ave Income-Producing 8-Unit Multifamily | Prime Passaic Location Introducing a fully renovated 8-unit multifamily property located at 48 8th Avenue in Passaic, NJ. Built in 1980 and extensively updated in 2025, this all-brick low-rise building offers 6,256 SF across three stories with a mix of (4) two-bedroom units and (4) one-bedroom units. The property is 100% occupied, with strong in-place income and additional upside through below-market rents. Tenants enjoy a fenced courtyard, laundry, and storage amenities in the basement, along with easy access to public transit and major highways. Utilities include separately metered electric and gas, providing efficiency for ownership. Situated on a 4,901 SF corner lot, this freestanding property benefits from high visibility and ample street parking. Recent renovations, solid construction, and professional landscaping ensure long-term durability and tenant appeal.

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Home facts

  • Listing ID #:25033281
  • Added:92 day(s) ago
  • Updated:December 21, 2025 at 04:22 PM

Finances and disclosures

  • Price:$1,599,000
  • Tax amount:$20,680
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: December 21, 2025. Source: New Jersey Multiple Listing Service, Inc. 2025 New Jersey Multiple Listing Service, Inc. All rights reserved.

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