$849,999
NEW CONSTRUCTION

247 Hope Ave Passaic, NJ 07055

Estimated payment $5,846/month

Total Views 2,977
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

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. :

Listing Agent

Pina Nazario

COLDWELL BANKER REALTY Brokerage Phone: 973-886-6258 Listed on: 09/02/2025

COLDWELL BANKER REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,011

Year Built

  • Built in 2025

Home Design

  • Home to be built

Additional Features

  • 9,583 Sq Ft Lot
  • Standard Electricity
  • Finished Basement

Listing and Financial Details

  • Assessor Parcel Number 2507-04098-0000-00027-0000-
  • Tax Block *

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,011

Year Built

Built in 2025

Lot Details

0

Listing Details

  • Year Built: 2025
  • Year Built Description: To Be Built
  • County Name: Passaic
  • Street Number Display: 247
  • Directions: Center or Harrison to Hope
  • I D: 5382202
  • Modified: 2025-09-02
  • Number Images: 16
  • Attribution Contact: 973-886-6258
  • MLS Status: Active
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Yes
  • Basement Description: Finished

Utilities

  • Fuel Type: Gas-Natural
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water

Lot Info

  • Lot Size: 75X125
  • Assessed Improvement Value: 272100
  • Assessed Land Value: 92000
  • Assessment: 364100
  • Easement: Unknown
  • Lot Identifier: 27
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.22

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 15011
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2507-04098-0000-00027-0000-
  • Tax Rate Amount: 4.123
  • Tax Rate Tax: *
  • Tax Rate Year: 2024
  • Tax Year Tax: *
  • Tax Year: 2024

Map

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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
2025 $15,012 $364,100 $92,000 $272,100
2024 $14,579 $364,100 $92,000 $272,100
2022 $14,142 $364,100 $92,000 $272,100
2021 $13,690 $364,100 $92,000 $272,100
2020 $13,585 $364,100 $92,000 $272,100
2019 $13,388 $364,100 $92,000 $272,100
2018 $13,100 $364,100 $92,000 $272,100
2017 $12,696 $364,100 $92,000 $272,100
2016 $12,263 $364,100 $92,000 $272,100
2015 $12,056 $162,500 $55,400 $107,100
2014 $11,830 $162,500 $55,400 $107,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2025 09/02/25 For Sale $849,999 -- --
Source: Garden State MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Soho Abstract Llc
Deed $286,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $17,592 FHA
Open $87,961 New Conventional
Open $354,090 FHA
Previous Owner $8,300 Unknown
Source: Public Records

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Source: Garden State MLS

MLS Number: 3984366

Garden State MLS

APN: 07-04098-0000-00027