Under contract

48 8th Ave, Passaic, NJ 07055

View property features, location on map, relevant school information and overview from seller's agent.

Listed byKeller Williams City Views Realty
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Overview

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.

Location

Full feature list

Basic info

Property type
Other residential

Taxes

Tax Annual Amount
$20,680

Public schools

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Sourced from: New Jersey MLS (IDX) MLS®#: 25033281 Last checked:

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