This Multifamily Property is no longer advertised on LoopNet.com.

100 Passaic St
Passaic, NJ 07055
Multifamily Property For Sale · 32 Units

Investment Highlights

  • 32 Unit SRO in area of explosive new multifamily development
  • Stellar Cash-on-Cash Returns
  • 28 out of 32 Units covered by project-based HAP contract (guaranteed rents)
  • Ideal for Operator of Multifamily or SRO's (Rooming Houses)

Property Facts

No. Units 32
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.11 AC
Building Size 10,221 SF
Average Occupancy 0%
No. Stories 3
Year Built/Renovated 1930/2003
Zoning R-3

Amenities

Unit Amenities

  • Heating
  • Refrigerator
  • Oven
  • Tub/Shower
  • Freezer

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Smoke Free
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 32 - -

Property Taxes

Property Taxes

Parcel Number
07-01017-0000-00033
Land Assessment
$42,800
Improvements Assessment
$696,500
Total Assessment
$739,300
  • Listing ID: 25444806

  • Date on Market: 4/11/2022

  • Last Updated:

  • Address: 100 Passaic St, Passaic, NJ 07055

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