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$1,599,000
Est. payment /mo
3 Baths
New
284 Summer ST Passaic, NJ 07055
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Key Details
Property Type Multi-Family
Sub Type 2 Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25041869
Style 2 Family
Full Baths 3
Property Sub-Type 2 Family
Property Description
2-family investment opportunity in Passaic, NJ, perfect for investors or first-time buyers seeking strong rental income. This extraordinary oversized property features a beautifully maintained two-family home that blends modern design with everyday comfort, ideal for buyers looking for built-in rental assistance to help offset mortgage costs. The entire home, including the attic and basement, has been newly renovated, offering fresh, move-in-ready spaces throughout. Unit 1 offers 2 bedrooms, 1 full bathroom, a formal living room, dining room, a beautifully updated kitchen, and a sturdy spiral staircase leading to a full finished basement for added functional space. Unit 2 includes 3 bedrooms, 1 full bathroom, and a spacious living room, while the finished attic provides 2 additional rooms and 3 large closets for valuable bonus space. The huge lot includes 6 outdoor parking spaces and a remarkable 7-car garage that can fit up to 12 vehicles, ideal for car collectors, contractors, or additional rental income. The property is exceptionally clean and well-kept, featuring generous outdoor space, a brand-new patio, and a new roof. Current rent is below market value, offering immediate upside for investors. Located in a prime area of Passaic, it is close to public transportation, parks, schools, shopping, places of worship, and offers easy access to major highways and NYC transportation. DON'T MISS THIS RARE GEM!!
Location
State NJ
County Passaic
Interior
Laundry Basement
Exterior
Garage Spaces 7.0

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