$499,900
PENDING

Estimated payment $3,327/month

Total Views 3,836
7 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

Income-Producing 2-Family Home!This well-maintained 2-family property is a perfect opportunity for investors or owner-occupants looking for rental income. The first-floor unit features 3 bedrooms and 1 full bathroom, currently rented with a lease in place until 2026. Tenants are reliable, with rent automatically withdrawn on the 1st of each month and a strong history of on-time payments.The second unit spans the second and third floors and has been recently updated. It includes 1 bedroom on the second floor and 3 additional bedrooms on the third, offering flexible living arrangements. Enjoy the renovated bathroom and new flooring throughout. The 2nd 4 bedroom unit will be delivered vacant, making it ideal for new tenants or owner occupancy. Outside, the patio area is perfect for sitting back and relaxing, offering a peaceful space to unwind or entertain.Don't miss this excellent investment opportunity with immediate income and future potential! Second and largest unit will be vacant at the time of closing. More pictures coming soon!

Listing Agent

Elizabeth Saune

PROVIDENT LEGACY REALTORS Brokerage Phone: 201-809-9925 Listed on: 07/15/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,240

Year Built

  • Built in 1925

Lot Details

  • 2,178 Sq Ft Lot
  • Privacy Fence

Parking

  • On-Street Parking

Home Design

  • Aluminum Siding

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Window Unit Cooling System
  • Gas Water Heater

Community Details

  • Net Operating Income $30,000

Listing and Financial Details

  • Assessor Parcel Number 2508-03006-0000-00010-0000-
  • Tax Block *

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,240

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Unit Style: 3-Three Story
  • Year Built: 1925
  • Year Built Description: Approximate
  • County Name: Passaic
  • Street Number Display: 120
  • Directions: River St to Warren St
  • I D: 5371568
  • Modified: 2025-08-15
  • Number Images: 37
  • Attribution Contact: 201-809-9925
  • MLS Status: Under Contract
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Security System
  • Total Number Rooms: 13
  • Bedrooms: 7
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Bilco-Style Door, Full, Unfinished

Exterior Features

  • Exterior Description: Aluminum Siding
  • Exterior Features: Privacy Fence
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: On-Street Parking
  • Parking Driveway Description: On-Street Parking

Utilities

  • Cooling: Window A/C(s)
  • Fuel Type: Gas-Natural
  • Heating: Baseboard - Hotwater
  • Sewer: Public Sewer
  • Utilities: Gas In Street
  • Water: Public Water
  • Water Heater: Gas

Lot Info

  • Lot Size: 25X84
  • Assessed Improvement Value: 124500
  • Assessed Land Value: 17600
  • Assessment: 142100
  • Easement: Unknown
  • Lot Identifier: 10
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.05

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 7240
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2508-03006-0000-00010-0000-
  • Tax Rate Amount: 5.095
  • Tax Rate Tax: *
  • Tax Rate Year: 2024
  • Tax Year Tax: *
  • Tax Year: 2024

Multi Family

  • Total Number Units: 2

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,967 $142,100 $17,600 $124,500
2022 $6,596 $142,100 $17,600 $124,500
2021 $6,360 $142,100 $17,600 $124,500
2020 $5,933 $142,100 $17,600 $124,500
2019 $5,746 $139,000 $17,400 $121,600
2018 $5,299 $122,500 $17,300 $105,200
2017 $5,059 $121,600 $17,200 $104,400
2016 $5,498 $126,700 $16,400 $110,300
2015 $5,205 $126,700 $16,400 $110,300
2014 $8,233 $283,900 $142,000 $141,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2025 08/15/25 Pending -- -- --
07/19/2025 07/19/25 For Sale $499,900 +72.4% --
09/29/2022 09/29/22 Sold $290,000 +16.0% $139 / Sq Ft
06/09/2022 06/09/22 Pending -- -- --
04/04/2022 04/04/22 For Sale $249,900 -- $120 / Sq Ft
Source: Garden State MLS

Purchase History

Date Type Sale Price Title Company
Deed $290,000 Fidelity National Title
Deed $218,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $280,321 FHA
Previous Owner $199,175 FHA
Previous Owner $213,556 FHA
Previous Owner $214,631 FHA
Source: Public Records

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Source: Garden State MLS

MLS Number: 3975307

Garden State MLS

APN: 08-03006-0000-00010