247 Hope Ave Passaic, NJ ^$ 849,999

247 Hope Ave

^$ 849,999

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New Construction

247 Hope Ave

Passaic, NJ, 07055

^$ 849,999

Bedrooms-- Baths--

Monthly Estimate*

^$ 5,303

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Commercial Property for sale in Passaic, NJ

for $849,999. This building was built in 2025 on a lot size of 0.22.

Discover the possibilities with this oversized lot in a residential neighborhood. The value lies in the potential project perfect for investors, builders, or visionaries looking to create something special. This current two family home is being sold strictly "as-is and will require the necessary approvals for future development. With its generous lot size and residential setting, the opportunities are endless. An added bonus: the seller is willing to offer owner financing, making this a rare chance to bring your project vision to life.

Commercial Active

Price

^$ 849,999

Property Type

Commercial

Taxes

^$ 15,011

Style

Apartment Complex

Lot Size

0.22

Year Built

2025

Town/City

Passaic

County/Region

Passaic

MLS | Web ID

3984362

Features

General

Sewer Public Sewer

Construction See Remarks

Heating See Remarks

Cooling See Remarks

Utilities Electric Gas-Natural

Possession Flexible

Roof See Remarks

Zoning residential

Year Built 2025

Tenant Pays Electric Gas Heat

Township Passaic City

Property Type Apartment Complex Apartment Complex

Tax Year 2024

Ownership Fee Simple

Location Residential Area

County Passaic

Status Active

Directions Center or Harrison to Hope

Number Of Units Total 0

Tax Annual Amount 15011

Drive See Remarks

Leasable Area 0

Standard Status Active

Tax Assessed Value 364100

Town # 2507

Tax Lot 27

Interior

Basement Finished

Fuel Type Gas-Natural

Total Stories 0

Half Baths 0

Exterior

Water Source Public Water

Exterior Description See Remarks

Building Area Total 0

Lot Dimensions 75X125

Lot Size Acres 0.22

* Excluded Features

List By

PINA NAZARIO

Listing Agent

Coldwell Banker Realty

Broker

Pina@PickPina.com

Affordability Calculator

$6,554

Per Month

Monthly Principal & Interest: $5,303
Monthly Property Taxes: $1,251
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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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THE TIME TO SELL IS NOW! What's my home worth?

Nearby

Trends
Schools

Commerical listings in Passaic, NJ

Average List Price ^$1,008,892

Percent of Sale Price 19%

About Passaic, NJ

71,014 Population

5% Since 2002

^$37,341 Median Income

32.53 Median Age

44% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

291163 Elementary School

291353 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/2/2025	$849,999		Listed Price

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247 Hope Ave, Passaic, NJ, 07055 is a Commercial Property for sale at $849,999 with a lot size of 0.22. 247 Hope Ave was built in 2025. The property's zip code is 07055 which is in Passaic, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

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247 Hope Ave

Commercial Property for sale in Passaic, NJ

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