3 Van Buren St Passaic, NJ 07055
Estimated payment $4,005/month
About This Home
Back on Market with Finished Attic & Prt Finished Basement! Excellent opportunity to own an income producing legal 2 family in the heart of Passaic! This home has 2 beds and 1 bath in each unit and is currently being used as 3 bedroom in each unit providing extra rental income. The 1st floor unit has access to the large unfinished basement that is ready to be finished by its next owner. Each unit has a washer and dryer in the basement along with plenty of storage space. The 2nd unit has access to a finished bonus loft which only needs flooring and will provide another bedroom or living room area bringing that unit up to 4 bedrooms and 2 baths. This home was updated in 2011 with new windows, roof, electric, siding, and plumbing. Each unit has hot water baseboard heat, high ceilings, and separate electric/gas, eat in kitchens, and full bathrooms with a shower over tub combo. The back yard is private with new brick stairs leading into each unit. Unit 1 will be vacant August 1st, 2025. Close to NYC transportation, highways, and right across the street from the new Elementary School #25. This home has it all, don't let it pass you by!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,697
Lot Details
- 2,274 Sq Ft Lot
- Lot Dimensions are 25x91
Home Design
Bedrooms and Bathrooms
- 6 Bedrooms
- 2 Full Bathrooms
Basement
- Laundry in Basement
Listing and Financial Details
- Legal Lot and Block 2 / 4070
Map
Home Values in the Area
Average Home Value in this Area
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 | $9,697 | $235,200 | $55,600 | $179,600 |
| 2024 | $9,417 | $235,200 | $55,600 | $179,600 |
| 2022 | $9,135 | $235,200 | $55,600 | $179,600 |
| 2021 | $8,844 | $235,200 | $55,600 | $179,600 |
| 2020 | $8,775 | $235,200 | $55,600 | $179,600 |
| 2019 | $8,648 | $235,200 | $55,600 | $179,600 |
| 2018 | $8,463 | $235,200 | $55,600 | $179,600 |
| 2017 | $7,218 | $235,200 | $55,600 | $179,600 |
| 2016 | $6,972 | $235,200 | $55,600 | $179,600 |
| 2015 | $8,868 | $130,100 | $48,300 | $81,800 |
| 2014 | $8,705 | $130,100 | $48,300 | $81,800 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/06/2025 08/06/25 | Pending | -- | -- | -- |
| 07/25/2025 07/25/25 | Price Changed | $600,000 | 0.0% | $273 / Sq Ft |
| 07/25/2025 07/25/25 | For Sale | $600,000 | +6.2% | $273 / Sq Ft |
| 07/23/2025 07/23/25 | Off Market | $565,000 | -- | -- |
| 06/16/2025 06/16/25 | Pending | -- | -- | -- |
| 06/06/2025 06/06/25 | Price Changed | $565,000 | -5.0% | $257 / Sq Ft |
| 05/28/2025 05/28/25 | For Sale | $595,000 | -- | $270 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Executors Deed | $168,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $138,000 | Purchase Money Mortgage |
Source: New Jersey MLS
MLS Number: 25019514
APN: 07-04070-0000-00002
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All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.
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