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Listed price in listed location currency (USD).
$849,999

840

MLS® 26004967

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage No
Taxes $15,011
Days Active 36
Lot Size 
Approx. Age 
MLS® Number 26004967

Property Address: 247 Hope Ave, Passaic, NJ, 07055-6803

Average square foot calculated using Size range provided by listing agent.

Description

Discover the Possibilities on an Oversized Lot. Unlock exceptional potential with this oversized 75 x 125 lot located in a residential neighborhood, featuring a very large two-family home generating approximately $7, 000 in gross monthly rental income. Collect strong cash flow while you explore future opportunities - possible subdivision (see attached licensed appraisal for lot 37.5 x 100) or redevelopment - making this an ideal prospect for investors, builders, and visionaries. The existing two-family is being sold strictly as-is and any future development will require the necessary approvals. With its generous lot size and desirable setting, the possibilities are wide-open for those ready to create something special. Bonus: The seller is willing to offer owner financing, adding flexibility and making this a rare opportunity to bring your project vision to life. A unique chance to combine income today with potential for tomorrow don't miss it.
MLS® Number26004967
Laundry LevelSee Remarks
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age
Basement
Driveway
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 13, 2026List Date
$849,999List Price
  • Commute

Commute

Starting Address
Destination Address
247 Hope Ave, Passaic, NJ

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