45 Parker Ave Passaic, NJ $ 875,000
45 Parker Ave
$ 875,000
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45 Parker Ave

Passaic, NJ, 07055
$ 875,000
Bedrooms3 Baths1.2 Sq 2,000

Monthly Estimate*

$ 5,459

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Multi-Family Home for sale in Passaic, NJ

for $875,000 with 3 bedrooms and 1 full bath, 2 half baths. This 2,000 square foot home was built in 1940 on a lot size of 0.04.

Turnkey Mixed-Use Property - Remodeled & Income-Producing. Don't miss this exceptional opportunity to own a fully remodeled and well-maintained mixed-use property featuring two units: one commercial and one residential. Located in a high-demand area with excellent access to major highways and less than 30 minutes from NYC, this property offers strong visibility and convenience for both residents and businesses. The building has been extensively upgraded throughout, with modern systems and finishes. All utilities are separately metered, and the commercial tenant contributes 50% toward property taxes and insurance, enhancing the cash flow. Enjoy proximity to public transportation, parks, retail, and houses of worship, making this an attractive asset for both investors and owner-occupants alike. Owner holds an active NJ real estate license.

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Multi-Family Active

Price

$ 875,000

Bedrooms

3

Full Bath

1

Half Bath

2

Property Type

Multi-Family

Taxes

$ 10,624

Style

2-Two Story

Lot Size

0.04

Year Built

1940

Town/City

Passaic

County/Region

Passaic

MLS | Web ID

3977595

Features
General
Sewer Public Sewer
Heating 2 Units
Cooling Wall A/C Unit(s) Window A/C(s)
Utilities Electric Gas-Natural
Possession 0-30
Roof Flat
Water Heater Gas
Architectural Style 2-Two Story
Year Built 1940
Township Passaic City
Tax Year 2024
Gross Income 9999
County Passaic
Net Operating Income 9999
Operating Expense 9999
Total Rooms 7
Full Baths 1
Status Active
Directions Monroe to Parker Ave.
Open Parking Spaces 0
Number Of Units Total 2
Tax Annual Amount 10624
Drive None
Standard Status Active
Tax Assessed Value 257700
Town # 2507
Tax Lot 55
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Interior
Basement Bilco-Style Door Full Walkout
Unit 1 Baths Total 2.0
Unit 1 Beds Total 0
Unit 2 Baths Total 1.0
Unit 2 Beds Total 3
Fuel Type Gas-Natural
Half Baths 2
Total Bedrooms 3
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Exterior
Lot Features Irregular Lot
Water Source Public Water
Exterior Description Stone Vinyl Siding
Building Area Total 2000
Lot Dimensions 32X61
Lot Size Acres 0.04
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* Excluded Features
List By
MICHAEL WACHALA

Listing Agent

Keller Williams Park Views

Broker

michael.wachala@kw.com

Email

Affordability Calculator

$6,344
Per Month
86%
14%
0%
Monthly Principal & Interest
$5,459
Monthly Property Taxes
$885
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/25/2025$875,000 Listed Price

Map


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45 Parker Ave, Passaic, NJ, 07055 is a Multi-Family Home for sale at $875,000 with 2,000 sqft and a lot size of 0.04. 45 Parker Ave has 3 bedrooms, 1.2 baths, and was built in 1940. The property's zip code is 07055 which is in Passaic, NJ