131 Park Place Passaic, NJ $ 705,000
131 Park Place
$ 705,000
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131 Park Place

Passaic, NJ, 07055
$ 705,000
Bedrooms6 Baths4.0

Monthly Estimate*

$ 4,398

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Multi-Family Home for sale in Passaic, NJ

for $705,000 with 6 bedrooms and 4 full baths.

Welcome to this well-maintained 3-family home ideally located near Downtown Passaic! Perfect for investors or owner-occupants, this property offers excellent rental income potential and convenience all in one. The first unit feature 3 bedrooms and 1 full bathroom, providing bright living spaces and a functional layout. The second unit features 2 bedrooms and 1 full bathroom. The spacious and bright third unit offers 1 bedroom and 1 bathroom. A finished basement includes 2 bonus rooms, a full bathroom, and a kitchenette, offering endless possibilities for extra storage, recreation, or guest space. The home also includes a 4-car driveway and garage, providing plenty of off-street parking. Located just minutes from public transportation, shopping, restaurants, schools, and houses of worship, this property combines comfort and convenience in one of Passaic’s most accessible neighborhoods. Can be delivered vacant and being sold AS-IS.

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Multi-Family Pending

Price

$ 705,000

Bedrooms

6

Full Bath

4

Property Type

Multi-Family

Taxes

$ 16,999

Style

3 Family

Town/City

Passaic

County/Region

Passaic

MLS | Web ID

25037078

Features
General
Utilities Electricity Connected
Garage Spaces 1.0
Architectural Style 3 Family
Rooms None
County PASSAIC
Property Type 2-4 Family
HOA N
Total Rooms 15
Full Baths 4
Status Under Contract - Under Contract
City Passaic
Disclosures Seller's Agent Seller Disclosure - Yes
Year Built Details 1900-1939 Build Prior to 1978
Tax Annual Amount 16999.0
Lease Considered Y/N N
Standard Status Pending
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Interior
Heating Y/N N
Half Baths 0
Laundry Features In Basement
Total Bedrooms 6
Total Baths 4
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* Excluded Features

Affordability Calculator

$5,815
Per Month
76%
24%
0%
Monthly Principal & Interest
$4,398
Monthly Property Taxes
$1,417
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
843640 Elementary School
843641 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/16/2025$705,000 Listed Price

Map


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131 Park Place, Passaic, NJ, 07055 is a Multi-Family Home for sale at $705,000. 131 Park Place has 6 bedrooms and 4.0 baths. The property's zip code is 07055 which is in Passaic, NJ