$699,900

259 Highland Ave Unit 261 Passaic, NJ 07055

Estimated payment $4,740/month

Total Views 4,331
6 Beds
6 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

Attention investors! Don't miss this prime multi-family investment opportunity located in the heart of Passaic. This DUPLEX two-family property at 259-261 Highland Ave is tenant-occupied, providing immediate rental income, with strong upside potential for the right buyer willing to make value-add improvements. Each unit offers 3 bedrooms and 3 bathrooms, spacious layouts, and the property includes a full basement ideal for storage or additional rental possibilities. While the home does require repairs and updates, this is the perfect chance for an investor to unlock significant equity and maximize cash flow through renovations. Conveniently located near public transportation, major highways, schools, and shopping, this property is in a high-demand rental market, making it a solid long-term hold or repositioning opportunity.

Listing Agent

ISMAIL SALEH

EXP REALTY, LLC Brokerage Phone: 201-280-3814 Listed on: 08/18/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,129

Year Built

  • Built in 1920

Lot Details

  • 5,663 Sq Ft Lot
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Aluminum Siding

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Multiple Heating Units

Community Details

  • Net Operating Income $9,999

Listing and Financial Details

  • Assessor Parcel Number 2507-04104-0001-00053-0000-
  • Tax Block *

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,129

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Unit Style: Duplex-Side by Side, Fixer Upper
  • Year Built: 1920
  • Year Built Description: Approximate
  • County Name: Passaic
  • Street Number Display: 259
  • Directions: Highland Ave between Central & Lexington
  • I D: 5379303
  • Modified: 2025-09-02
  • Number Images: 5
  • Attribution Contact: 201-280-3814
  • MLS Status: Active
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Number Rooms: 18
  • Bedrooms: 6
  • Total Bathrooms: 6
  • Total Full Bathrooms: 6
  • Basement: Yes
  • Basement Description: Finished, Full, Walkout

Exterior Features

  • Exterior Description: Aluminum Siding, Brick
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Parking Driveway Description: On-Street Parking

Utilities

  • Fuel Type: Gas-Natural
  • Heating: 2 Units, Baseboard - Hotwater
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water

Lot Info

  • Lot Size: 50X115
  • Assessed Improvement Value: 215400
  • Assessed Land Value: 78800
  • Assessment: 294200
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 53
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.13

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 12129
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2507-04104-0001-00053-0000-
  • Tax Rate Amount: 4.123
  • Tax Rate Tax: *
  • Tax Rate Year: 2024
  • Tax Year Tax: *
  • Tax Year: 2024

Multi Family

  • Total Number Units: 2

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $12,130 $294,200 $78,800 $215,400
2024 $11,780 $294,200 $78,800 $215,400
2022 $11,427 $294,200 $78,800 $215,400
2021 $11,062 $294,200 $78,800 $215,400
2020 $10,977 $294,200 $78,800 $215,400
2019 $10,818 $294,200 $78,800 $215,400
2018 $10,585 $294,200 $78,800 $215,400
2017 $10,259 $294,200 $78,800 $215,400
2016 $9,909 $294,200 $78,800 $215,400
2015 $11,231 $148,300 $51,800 $96,500
2014 $11,025 $148,300 $51,800 $96,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2025 08/18/25 For Sale $699,900 -- --
Source: Garden State MLS

Purchase History

Date Type Sale Price Title Company
Deed $130,000 --
Deed $151,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $416,000 New Conventional
Previous Owner $423,000 Adjustable Rate Mortgage/ARM
Previous Owner $149,000 FHA
Source: Public Records

Source: Garden State MLS

MLS Number: 3981979

Garden State MLS

APN: 07-04104-01-00053

New Jersey Passaic County Passaic 07055

259 Highland Ave Unit 261, Passaic, NJ

This home is located at 259 Highland Ave Unit 261, Passaic, NJ 07055 and is currently priced at $699,900. This property was built in 1920. 259 Highland Ave Unit 261 is a home located in Passaic County with nearby schools including Passaic High School # 12, St Nicholas Ukrainian Catholic School, and Passaic Arts and Science Charter School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Garden State MLS The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.
Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.



This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

Nearby Homes
Listing Agent
ISMAIL SALEH
EXP REALTY, LLC