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Cindy Huang

cindyhuangrealtor@gmail.com +1(201) 647-6663

$ 1,199,000

Est. payment | -/mo

2,613 Sqft Lot

Save

$ 1,199,000

Est. payment | -/mo

Save

2,613 Sqft Lot

Key Details

Property Type Multi-Family

Listing Status Under Contract

Purchase Type For Sale

MLS Listing ID 4043179

Year Built 1900

Annual Tax Amount $16,606

Tax Year 2025

Lot Size 2,613 Sqft

Property Description

EXCEPTIONAL INVESTMENT OPPORTUNITY!!! This well-maintained, solid brick 6-unit apartment building features six spacious 2-bedroom apartments and offers an attractive 7.5% cap rate, making it an excellent addition to any investment portfolio. Situated on a desirable corner lot in one of Passaic's most sought-after neighborhoods, the property is conveniently located near major highways, shopping, restaurants, schools, public transportation, and other everyday amenities, ensuring strong tenant demand. As an added bonus, the seller is also offering the neighboring property at 37 Krueger Place for sale, with preference given to buyers interested in purchasing both properties as a package, creating a rare opportunity to acquire two adjacent income-producing assets.

Location

State NJ

County Passaic

Zoning Residential

Rooms

Basement Full, Unfinished, Walkout

Interior

Heating Electric, Gas-Natural

Cooling No Cool

Equipment Smoke Detector, Storage Area(s)

Heat Source Electric, Gas-Natural

Exterior

Exterior Feature Brick/Block

Utilities Available All Underground

Roof Type Flat, Rubberized

Building

Lot Description Corner

Story 3

Sewer Public Sewer

Water Public Water

Others

Ownership Fee Simple

Listed by NEW AND MODERN GROUP

Nearby Locations

"My job is to protect your interests and guide you through every step of buying, selling, or investing in New Jersey real estate."

+1(201) 647-6663

cindyhuangrealtor@gmail.com

165 Passaic Ave, Suite 205, Fairfield, New Jersey 07004, USA

35 Krueger Pl Passaic City, NJ 07055

Cindy Huang

Key Details

Location

Rooms

Interior

Exterior

Building

Others

Nearby Locations

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35 Krueger Pl