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Patric Santo Pietro

[email protected] +1(732) 570-5442

Listed by Bruce Elia, Jr. Keller Williams City Views Realty

$ 1,599,000

Est. payment -/mo

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Under Contract

48 8th AVE Passaic, NJ 07055

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Key Details

Property Type Multi-Family

Sub Type 5+Family

Listing Status Under Contract

Purchase Type For Sale

MLS Listing ID 25033281

Style 5+Family

Property Sub-Type 5+Family

Property Description

Property Website: https://lekker.hd.pics/48th-Ave Income-Producing 8-Unit Multifamily | Prime Passaic Location Introducing a fully renovated 8-unit multifamily property located at 48 8th Avenue in Passaic, NJ. Built in 1980 and extensively updated in 2025, this all-brick low-rise building offers 6,256 SF across three stories with a mix of (4) two-bedroom units and (4) one-bedroom units. The property is 100% occupied, with strong in-place income and additional upside through below-market rents. Tenants enjoy a fenced courtyard, laundry, and storage amenities in the basement, along with easy access to public transit and major highways. Utilities include separately metered electric and gas, providing efficiency for ownership. Situated on a 4,901 SF corner lot, this freestanding property benefits from high visibility and ample street parking. Recent renovations, solid construction, and professional landscaping ensure long-term durability and tenant appeal.

Location

State NJ

County Passaic

NEARBY SCHOOL & BUSINESS

Patric Santo Pietro

Agent License ID: 1007170

+1(732) 570-5442

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Patric Santo Pietro

48 8th AVE Passaic, NJ 07055

Key Details

Location

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

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48 8th AVE