247 Hope Ave, Passaic City, NJ 07055-6803
- $799,000
Overview
- Residential Income
- 8
- 4
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
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Address: 247 Hope Ave, Passaic City, NJ 07055-6803
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City: Passaic City
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State/county: NJ
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Zip/Postal Code: 07055-6803
Details
Updated on September 29, 2026 at 12:09 pm-
Property ID HZ4050592
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Price $799,000
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Land Area 0.22 Acres
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Bedrooms 8
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Rooms 19
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Bathrooms 4
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Year Built 2025
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Property Type Residential Income
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Property Status Active
Additional details
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Roof Asphalt Shingle
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Utilities Electric, Gas-Natural
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Sewer Public Sewer
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Cooling 2 Units, Central Air
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Heating 2 Units, Forced Hot Air
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County Passaic
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Property Type Residential Income
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Architectural Style See Remarks, Under/Over
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