$1,599,000

284 Summer Street, Passaic, NJ 07055

  • 7 beds |
  • 3 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon 7 car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 9 days ago

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!!

Listing Status:
Active
Date Added:
December 1, 2025 at 06:00AM
Listing Office:
Weichert Realtors, Clifton : 973-779-1900
Listing Agent:
Ishali Narula : 862-324-2423
MLS ID:
25041869
  • Rooms: 12
  • Laundry: Basement
  • County: PASSAIC
  • Utilities: Sep ElecSep GasSep Heat

This listing courtesy of Ishali Narula, Weichert Realtors, Clifton

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

U

Ulysses S. Grant School No. 7

155 Summer St, Passaic, NJ, 07055

Grades PK-KG

0.29 miles away

D

Daniel F. Ryan Elementary School No. 19

320 Highland Ave, Passaic, NJ, 07055

Grades 1-8

0.41 miles away

P

Passaic Academy for Science and Engineering

291 Lafayette Ave, Passaic, NJ, 07055

Grades 6-12

0.87 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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