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

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. This home was built in 1920 on a lot size of 0.1.

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-Three Story

Lot Size

0.1

Year Built

1920

Town/City

Passaic

County/Region

Passaic

MLS | Web ID

3993105

Features
General
Sewer Public Available Public Sewer
Heating Radiators - Hot Water Radiators - Steam
Cooling CeilFan None
Utilities Gas-Natural
Possession 0-60
Roof Asphalt Shingle
Garage Spaces 1
Architectural Style 3-Three Story
Year Built 1920
Garage Detached Garage
Township Passaic City
Tax Year 2024
Gross Income 9999
County Passaic
Net Operating Income 9999
Operating Expense 9999
Total Rooms 15
Full Baths 4
Status Under Contract
Directions Turn left onto Paulison Ave. Turn right onto Pennington Ave. Turn left onto Gregory Ave. Turn right onto Park Pl.
Open Parking Spaces 4
Number Of Units Total 3
Tax Annual Amount 16999
Drive Off-Street Parking
Standard Status Under Contract
Tax Assessed Value 412300
Town # 2507
Tax Lot 6
Farm Assessment No
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Interior
Basement Finished Full
Unit 1 Baths Total 1.0
Unit 1 Beds Total 3
Unit 2 Baths Total 1.0
Unit 2 Beds Total 2
Unit 3 Baths Total 1.0
Unit 3 Beds Total 1
Fuel Type Gas-Natural
Half Baths 0
Total Bedrooms 6
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Exterior
Exterior Amenities Deck Metal Fence
Water Source Public Water
Exterior Description Aluminum Siding Vinyl Siding
Lot Dimensions 45X100
Lot Size Acres 0.10
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* Excluded Features
List By
SHARIFA R DAMALLIE

Listing Agent

Coldwell Banker Realty Fle

Broker

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
291163 Elementary School
291353 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/17/2025$705,000 Listed Price

Map


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131 Park Pl, Passaic, NJ, 07055 is a Multi-Family Home for sale at $705,000 with a lot size of 0.1. 131 Park Pl has 6 bedrooms, 4.0 baths, and was built in 1920. The property's zip code is 07055 which is in Passaic, NJ