688 Passaic Ave, Nutley Twp., NJ 07110
Local realty services provided by:Better Homes and Gardens Real Estate Maturo
688 Passaic Ave,Nutley Twp., NJ 07110
$949,000
- - Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Active
Listed by:carey diec
Office:signature realty nj
MLS#:3985523
Source:NJ_GSMLS
Price summary
- Price:$949,000
About this home
Welcome to 688 Passaic Avenue, a well-maintained 4-unit income-producing property located in one of New Jersey sought after town and in one of Nutley's most desirable locations. Each spacious unit features two bedrooms and one full bathroom with a comfortable and functional layout, ideal for long-term tenants. The property offers separate utilities for each unit, ensuring easy and efficient management for the owner. Additional highlights include private driveway parking, a full basement with on-site laundry facilities, and ample storage space.This property benefits from a strong rental history and consistent cash flow, making it an excellent opportunity for both seasoned investors and those looking to start or expand their real estate portfolio. Conveniently situated near major highways including Routes 3, 46, 21, and the Garden State Parkway, the location provides easy commuting options. It is also just steps away from a bus stop offering direct service to New York City. Tenants will appreciate the proximity to shopping, dining, parks, and top-rated schools in the area, contributing to high occupancy rates and tenant satisfaction.Whether you choose to keep the property fully leased or live in one unit while renting out the others, 688 Passaic Avenue delivers a perfect balance of stability, income potential, and long-term value in a prime Nutley location.
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Home facts
- Year built:1922
- Listing ID #:3985523
- Added:8 day(s) ago
- Updated:September 15, 2025 at 03:24 PM
Rooms and interior
- Total bathrooms:4
- Full bathrooms:4
Heating and cooling
- Cooling:Wall A/C Unit(s)
- Heating:Radiators - Steam
Structure and exterior
- Roof:Flat
- Year built:1922
- Lot area:0.09 Acres
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$949,000
- Tax amount:$19,124 (2024)
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