Passaic City, NJ 07055,259 Highland Ave
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Passaic City, NJ 07055,259 Highland Ave
Passaic City, NJ 07055,259 Highland Ave
Passaic City, NJ 07055,259 Highland Ave
Passaic City, NJ 07055,259 Highland Ave
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259 Highland Ave Passaic City, NJ 07055

6 Beds

6 Baths

19,998 SqFt


UPDATED:

Key Details

Property Type Multi-Family, Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 19,998 sqft

Price per Sqft $34

MLS Listing ID 3981979

Style Duplex-Side by Side, Fixer Upper

Bedrooms 6

Full Baths 6

Year Built 1920

Annual Tax Amount $12,129

Tax Year 2024

Lot Size 5,662 Sqft

Property Description

Attention investors! Don?t miss this prime multi-family investment opportunity located in the heart of Passaic. This DUPLEX two-family property at 259-261 Highland Ave is tenant-occupied, providing immediate rental income, with strong upside potential for the right buyer willing to make value-add improvements. Each unit offers 3 bedrooms and 3 bathrooms, spacious layouts, and the property includes a full basement ideal for storage or additional rental possibilities. While the home does require repairs and updates, this is the perfect chance for an investor to unlock significant equity and maximize cash flow through renovations. Conveniently located near public transportation, major highways, schools, and shopping, this property is in a high-demand rental market, making it a solid long-term hold or repositioning opportunity.

Location

State NJ

County Passaic

Rooms

Basement Finished, Full, Walkout

Interior

Heating Gas-Natural

Cooling None

Heat Source Gas-Natural

Exterior

Exterior Feature Aluminum Siding, Brick

Utilities Available Gas-Natural

Roof Type Asphalt Shingle

Building

Lot Description Level Lot

Sewer Public Sewer

Water Public Water

Architectural Style Duplex-Side by Side, Fixer Upper

Others

Senior Community No


Garden State MLS(GSMLS)
Listed by EXP REALTY, LLC
agent

Ryan Skove, ABR, SRS

Broker Associate | License ID: 2186472

+1(732) 365-0265

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259 Highland Ave