132 Burgess Pl # 2 Passaic, NJ $ 499,000
132 Burgess Pl # 2
$ 499,000
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132 Burgess Pl # 2

Passaic, NJ, 07055
$ 499,000
Bedrooms7 Baths2.0

Monthly Estimate*

$ 2,989

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Multi-Family Home for sale in Passaic, NJ

for $499,000 with 7 bedrooms and 2 full baths. This home was built in 1930 on a lot size of 0.07.

Opportunity is Knocking! Introducing a fantastic investment opportunity in Passaic " a versatile 2-family home that's perfect for your portfolio! Live in one unit and rent out the other, or rent both to maximize your income potential. This property features a first-floor unit that has 3 bedrooms and 1 bath, currently rented (mtm) via Section 8, providing steady income. Second & Third Floors is a duplex-style unit with 4 bedrooms (2 on the 2nd fl and 2 more on the 3rd fl) and 1 bath, offering ample space and flexibility. Both units have separate utilities, adding to the convenience and appeal. The basement holds great potential to be finished and transformed for various uses, enhancing the property's value. This property does require some TLC to truly shine, it's priced to sell and presents an incredible opportunity for an owner-occupying buyer or a savvy investor. Don't miss out " see the potential for yourself and make this property yours today!

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Multi-Family Pending

Price

$ 499,000

Bedrooms

7

Full Bath

2

Property Type

Multi-Family

Taxes

$ 8,980

Style

3-Three Story

Lot Size

0.07

Year Built

1930

Town/City

Passaic

County/Region

Passaic

MLS | Web ID

3912673

Features
General
Interior Features Tile Floors Wood Floors
Sewer Public Sewer
Heating 2 Units Radiators - Hot Water
Cooling Ceiling Fan Window A/C(s)
Utilities Electric Gas In Street
Possession at closing
Roof Asphalt Shingle
Exterior Features Metal Fence Privacy Fence
Zoning residential
Garage Spaces 0
Architectural Style 3-Three Story
Exclusions personal belongings
Year Built 1930
Township Passaic City
Unit Number 2
Tax Year 2023
Gross Income 0
County Passaic
Net Operating Income 0
Operating Expense 0
Total Rooms 12
Full Baths 2
Status Under Contract
Directions Federal St or Myrtle Ave to Burgess Place
High School PASSAIC
Open Parking Spaces 0
NumberOfUnitsTotal 2
Tax Annual Amount 8980
Home Warranty Y/N No
Middle/Junior High School LINCOLN
Drive None On-Street Parking
Days on Market 40
Standard Status Under Contract
Tax Assessed Value 224300
Town # 2507
Tax Lot 6
Farm Assessment No
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Interior
Basement Full Unfinished
Unit 1 Baths Total 1.0
Unit 1 Beds Total 3
Unit 2 Baths Total 1.0
Unit 2 Beds Total 4
Fuel Type Electric Gas-Natural
Half Baths 0
Total Bedrooms 7
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Exterior
Water Source Public Water
Exterior Description Aluminum Siding
Lot Dimensions 25X115
Lot Size Acres 0.07
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* Excluded Features
List By
MALIK CRICHLOW

Listing Agent

Goodbuy Homes Nj Realty

Broker

MrMalikcrichlow@gmail.com

Email

Affordability Calculator

$3,737
Per Month
80%
20%
0%
Monthly Principal & Interest
$2,989
Monthly Property Taxes
$748
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
4150485 Elementary School
4743401 Middle School
Passaic High School High School
Pricing History
DatePricePrice ChangeDescription
7/26/2024$499,000 -3.09% Price Down
7/11/2024$514,900 Listed Price

Map


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132 Burgess Pl # 2, Passaic, NJ, 07055 is a Multi-Family Home for sale at $499,000 with a lot size of 0.07. 132 Burgess Pl # 2 has 7 bedrooms, 2.0 baths, and was built in 1930. The property's zip code is 07055 which is in Passaic, NJ