$500,000
OPEN SAT 12PM - 2PM

514 Lafayette Ave Unit 518 Passaic, NJ 07055

Estimated payment $3,662/month

Total Views 71
4 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Hot Property
  • Forced Air Heating and Cooling System
  • Private Driveway

About This Home

Great opportunity to own this well-maintained 2-family home, each unit offering 2 comfortable bedrooms and 1 full bath. Perfect for owner-occupants or investors, this property sits on a spacious lot with plenty of outdoor space to enjoy. This versatile home delivers both comfort and value. A private driveway provides convenient off-street parking for up to two cars.

Listing Agent

WANDA NUILA

THE REAL ESTATE COMPANY Brokerage Phone: 908-686-7800 Listed on: 07/17/2025

Open House Schedule

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,715

Year Built

  • Built in 1940

Lot Details

  • 66 Sq Ft Lot

Home Design

  • Aluminum Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Private Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Two Cooling Systems Mounted To A Wall/Window
  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Multiple Heating Units
  • Standard Electricity
  • Gas Water Heater

Additional Features

  • Unfinished Basement

Listing and Financial Details

  • Assessor Parcel Number 2507-03221-0002-00010-0000-
  • Tax Block *

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,715

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Unit Style: 2-Two Story
  • Year Built: 1940
  • Year Built Description: Approximate
  • County Name: Passaic
  • Street Number Display: 514
  • Directions: Lafayette Ave & 6th Ave
  • I D: 5372548
  • Modified: 2025-07-17
  • Number Images: 0
  • Attribution Contact: 908-686-7800
  • MLS Status: Active
  • Special Features: OpenHouse
  • Property Sub Type: MultiFamily

Interior Features

  • Total Number Rooms: 6
  • Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Unfinished

Exterior Features

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

Garage/Parking

  • Number Parking Spaces: 2
  • Parking Driveway Description: Driveway-Exclusive

Utilities

  • Cooling: 2 Units, Central Air, Wall A/C Unit(s), Window A/C(s)
  • Fuel Type: Gas-Natural
  • Heating: 2 Units, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Lot Info

  • Lot Size: 66 2-3X78
  • Assessed Improvement Value: 184000
  • Assessed Land Value: 75900
  • Assessment: 259900
  • Lot Identifier: 10
  • Lot I D Tax: *
  • Lot Size Tax: *

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 10715
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2507-03221-0002-00010-0000-
  • 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:

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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 $10,156 $259,900 $75,900 $184,000
2022 $10,095 $259,900 $75,900 $184,000
2021 $9,772 $259,900 $75,900 $184,000
2020 $9,697 $259,900 $75,900 $184,000
2019 $9,557 $259,900 $75,900 $184,000
2018 $9,351 $259,900 $75,900 $184,000
2017 $9,063 $259,900 $75,900 $184,000
2016 $8,503 $259,900 $75,900 $184,000
2015 $9,171 $124,400 $57,200 $67,200
2014 $8,998 $124,400 $57,200 $67,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2025 07/17/25 For Sale $500,000 -- --
Source: Garden State MLS

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Source: Garden State MLS

MLS Number: 3976113

Garden State MLS

APN: 07-03221-02-00010