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Eric DeSilva

eric.desilva@exprealty.com +1(973) 542-9302

$ 1,599,000

Est. payment -/mo

Save

Active

284 Summer St Passaic City, NJ 07055

7 Beds

3 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 $79

MLS Listing ID 3999758

Style 2-Two Story

Bedrooms 7

Full Baths 3

Year Built 1930

Annual Tax Amount $12,661

Tax Year 2024

Lot Size 9,147 Sqft

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

Rooms

Basement Finished, Full

Interior

Interior Features Bar-Dry, Carbon Monoxide Detector, Chandelier, High Ceilings, Marble Floors, Walk-In Closet

Heating Gas-Natural

Cooling 1 Unit, Central Air, Window A/C(s)

Heat Source Gas-Natural

Exterior

Exterior Feature Vinyl Siding

Parking Features Oversize Garage

Garage Spaces 7.0

Utilities Available Electric, Gas-Natural

Roof Type Asphalt Shingle

Building

Lot Description Level Lot

Sewer Public Sewer

Water Public Water

Architectural Style 2-Two Story

Others

Senior Community No

Listed by WEICHERT REALTORS

Nearby Locations

SCHOOLSPROPERTIES

Elementary Schools 20

8

Brookdale Elementary School

Public | PK - 6
8

Oak View Elementary School

Public | PK - 6
8

Yantacaw School

Public | KG - 6
8

Roosevelt School #7

Public | KG - 5
8

Jefferson Elementary School

Public | KG - 3
7

Demarest Elementary School

Public | PK - 6
7

School #2

Public | KG - 5
7

Spring Garden School

Public | PK - 6
7

School #3

Public | KG - 5
7

Ganter Avenue School

Public | PK - 5
7

Bergen Arts and Sciences Charter School

Public | KG - 11
6

School #9

Public | KG - 5
6

Passaic Arts and Science Charter School

Public | KG - 7
6

Lincoln School

Public | KG - 3
6

Union School

Public | 4 - 8
6

McKenzie School

Public | PK - 4
6

Woodrow Wilson School #5

Public | KG - 5
6

Washington School

Public | KG - 3
6

James Madison School #10

Public | PK - 5
6

Gavlak Elementary School

Public | KG - 6

Middle Schools 10

10

Classical Academy Charter School of Clifton

Public | 6 - 8
6

Bloomfield Middle School

Public | 7 - 8
5

Woodrow Wilson Middle School

Public | 6 - 8
5

Memorial Middle School

Public | 6 - 8
5

Wallington Junior/Senior High School

Public | 7 - 12
4

Christopher Columbus Middle School

Public | 6 - 8
3

Lincoln Middle School # 4

Public | 7 - 8
3

Garfield Middle School

Public | 6 - 8
0

Garfield Auxiliary Middle School/High School

Public | 6 - 12
0

Essex High School

Public | 7 - 12

High Schools 13

7

Rutherford High School

Public | 9 - 12
5

Memorial Senior High School

Public | 9 - 12
3

Clifton High School

Public | 9 - 12
2

International High School

Public | 9 - 12
2

Passaic High School # 12

Public | 9 - 12
2

Garfield High School

Public | 9 - 12
0

Garrett Morgan Academy for Transportation & Engine

Public | 9 - 12
0

Mesivta of Clifton

Private | 9 - 12
0

Mesivta of North Jersey

Private | 9 - 12
0

Bais Yaakov of Passaic High School for Girls

Private | 9 - 12
0

Hope Academy

Public | 9 - 12
0

Mesivta Tiferes Rav Zvi Aryeh Zemel

Private | 9 - 12
0

St Mary High School

Private | 9 - 12

School and business data provided by Attom Data.