45 Parker Ave Passaic, NJ 07055
Estimated payment $5,506/month
About This Home
Turnkey Mixed-Use Property - Remodeled & Income-Producing. Don't miss this exceptional opportunity to own a fully remodeled and well-maintained mixed-use property featuring two units: one commercial and one residential. Located in a high-demand area with excellent access to major highways and less than 30 minutes from NYC, this property offers strong visibility and convenience for both residents and businesses. The building has been extensively upgraded throughout, with modern systems and finishes. All utilities are separately metered, and the commercial tenant contributes 50% toward property taxes and insurance, enhancing the cash flow. Enjoy proximity to public transportation, parks, retail, and houses of worship, making this an attractive asset for both investors and owner-occupants alike. Owner holds an active NJ real estate license.
Listing Agent
KELLER WILLIAMS PARK VIEWS Brokerage Phone: 973-931-2220 Listed on: 07/25/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,624
Year Built
- Built in 1940
Lot Details
- 1,742 Sq Ft Lot
- Irregular Lot
Home Design
- Flat Roof Shape
- Stone Siding
- Vinyl Siding
Bedrooms and Bathrooms
- 3 Bedrooms
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Utilities
- Cooling System Mounted In Outer Wall Opening
- Window Unit Cooling System
- Multiple Heating Units
- Standard Electricity
- Gas Water Heater
Community Details
- 2,000 Sq Ft Building
- Net Operating Income $9,999
Listing and Financial Details
- Assessor Parcel Number 2507-04070-0000-00055-0000-
- Tax Block *
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/25/2025 07/25/25 | For Sale | $875,000 | -- | $438 / Sq Ft |
Source: Garden State MLS
MLS Number: 3977595
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