247 Hope Ave, Passaic City, NJ 07055-6803
  • $799,000

Overview

Property ID: HZ4050592
  • Residential Income
  • Property Type
  • 8
  • Bedrooms
  • 4
  • Bathrooms

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.

  • Address: 247 Hope Ave, Passaic City, NJ 07055-6803
  • City: Passaic City
  • State/county: NJ
  • Zip/Postal Code: 07055-6803

Details

Updated on September 29, 2026 at 12:09 pm
  • Property ID HZ4050592
  • Price $799,000
  • Land Area 0.22 Acres
  • Bedrooms 8
  • Rooms 19
  • Bathrooms 4
  • Year Built 2025
  • Property Type Residential Income
  • Property Status Active

Additional details

  • Roof Asphalt Shingle
  • Utilities Electric, Gas-Natural
  • Sewer Public Sewer
  • Cooling 2 Units, Central Air
  • Heating 2 Units, Forced Hot Air
  • County Passaic
  • Property Type Residential Income
  • Architectural Style See Remarks, Under/Over

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Jill Skibinsky

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