Listed by KW Commercial, Keller Williams City Views
Unpriced
48 8th Avenue, Passaic NJ
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 6,256
Units 8
Occupancy 100%
Class B
Year Built 1980
Buildings 1
Lot Size (SqFt) 4,901
Zoning OR-1A
Investment Type Value Add
Ownership Fee Simple
(8) Unit Multi-Family In Passaic For Sale
Marketing description
KW Commercial and The Elia Realty Group present an exciting new opportunity to own this (8) unit multi-family in the heart of suburban Passaic. There are 4 - 1 Bedroom, 1 Bathroom Units and 4 - 2 Bedrooms, 1 Bathroom Units offering two layouts, one larger and one smaller.
The building is in great condition and has been well-maintained. Recent upgrades include a new roof, newer boiler, and newer hot water heater. The recently renovated hallways are bright and airy thanks to skylights. The basement is large and clean, with ample space for storage and the potential to add a laundry room to generate additional income. Additionally, residents can enjoy the buildings outdoor common areas, perfect for hosting social gatherings or just relaxing after a long day.
Located in the heart of the urban area, this property is just steps away from all the best shopping, dining, and entertainment options the city has to offer. With excellent public transportation options nearby, residents can easily explore everything the city has to offer.
Don't miss out on this amazing opportunity to own a stunning 8 unit multi-family building in one of the most sought-after locations in the city. Contact us today to schedule a viewing and experience urban living at its finest!
Investment highlights
(8) Unit Multi-family - 4 (2) Bedrooms; (1) Bathroom & 4 (1) Bedroom; (1) Bathroom
Lot Size: 4,901 SqFt
Located in Vibrant Passaic, NJ
Corner Property off Main Avenue
Close to NYC Transportation
Value Add Property - Units undervalued and Prime for Market Rate Pricing
All Brick and Solid Structure
Listing Contacts
Listed by KW Commercial, Keller Williams City Views
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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$70,750.00
$5,895.83/mo
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Zoning
R-2 ResidentialTwo FamilyOne And Two Family Residential
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View all 20 uses
View all 20 uses Last updated Feb 16, 2026 For deeper zoning details, reports are available at Zoneomics
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