247 Hope Avenue, Passaic, NJ 07055
Local realty services provided by:Better Homes and Gardens Real Estate Maturo
247 Hope Avenue,Passaic, NJ 07055
$849,999
- - Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: pina nazario
Office: coldwell banker, clifton973-778-4500
MLS#:26004967
Source:NJ_MLS
Price summary
- Price:$849,999
About this home
Discover the Possibilities on an Oversized Lot. Unlock exceptional potential with this oversized 75 x 125 lot located in a residential neighborhood, featuring a very large two-family home generating approximately $7,000 in gross monthly rental income. Collect strong cash flow while you explore future opportunities - possible subdivision (see attached licensed appraisal for lot 37.5 x 100) or redevelopment - making this an ideal prospect for investors, builders, and visionaries. The existing two-family is being sold strictly as-is and any future development will require the necessary approvals. With its generous lot size and desirable setting, the possibilities are wide-open for those ready to create something special. Bonus: The seller is willing to offer owner financing, adding flexibility and making this a rare opportunity to bring your project vision to life. A unique chance to combine income today with potential for tomorrow don't miss it.
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Home facts
- Listing ID #:26004967
- Added:72 day(s) ago
- Updated:April 24, 2026 at 03:13 PM
Rooms and interior
- Total bathrooms:4
- Full bathrooms:4
- Rooms Total:19
Finances and disclosures
- Price:$849,999
- Tax amount:$15,011
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