$799,000

247 Hope Avenue, Passaic, NJ 07055

8 beds |
4 baths

Multi-Family Home
Built in ——
—— sqft lot
—— car garage
$——/sqft
Listed 1 month ago

Property Description

Discover the Possibilities and unlock the exceptional potential of this Large Two Family home on an Oversized Lot 75 x 125. The very large two-family home generates $7,000 in gross monthly rental income. Collect strong cash flow while you explore future opportunities to possible subdivide -(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, buyer is responsible to acquire the necessary approvals. With its generous lot size and desirable setting, the possibilities are wide-open for those ready to create something special. A unique chance to combine income today with potential for more profit tomorrow. Don't miss it.

Listing Status:: Active
Date Added:: September 4, 2026
Data Last Updated:: October 5, 2026 at 3:00AM
Listing Office:: Coldwell Banker, Clifton : 973-778-4500
Listing Agent:: Pina Nazario : (973) 886-6258
MLS ID:: 26033223

Rooms: 19
Laundry: See Remarks

County: PASSAIC

Utilities: Sep ElecSep GasSep Heat

This listing courtesy of Pina Nazario , Coldwell Banker, Clifton

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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