NJ > Nutley Twp.
Nutley Twp., NJ 07110,688 Passaic Ave
Nutley Twp., NJ 07110,688 Passaic Ave,Video Tour
Nutley Twp., NJ 07110,688 Passaic Ave
Nutley Twp., NJ 07110,688 Passaic Ave
Nutley Twp., NJ 07110,688 Passaic Ave
Nutley Twp., NJ 07110,688 Passaic Ave
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Main Office

+1(973) 337-6475
$ 949,000
Est. payment | /mo

8 Beds

4 Baths

3,920 Sqft Lot

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$ 949,000
Est. payment | /mo
Save Virtual Tour

8 Beds

4 Baths

3,920 Sqft Lot

Key Details

Property Type Multi-Family, Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 3985523

Style 3-Three Story

Bedrooms 8

Full Baths 4

Year Built 1922

Annual Tax Amount $19,124

Tax Year 2024

Lot Size 3,920 Sqft

Property Description

Welcome to 688 Passaic Avenue, a well-maintained 4-unit income-producing property located in one of New Jersey sought after town and in one of Nutley's most desirable locations. Each spacious unit features two bedrooms and one full bathroom with a comfortable and functional layout, ideal for long-term tenants. The property offers separate utilities for each unit, ensuring easy and efficient management for the owner. Additional highlights include private driveway parking, a full basement with on-site laundry facilities, and ample storage space.This property benefits from a strong rental history and consistent cash flow, making it an excellent opportunity for both seasoned investors and those looking to start or expand their real estate portfolio. Conveniently situated near major highways including Routes 3, 46, 21, and the Garden State Parkway, the location provides easy commuting options. It is also just steps away from a bus stop offering direct service to New York City. Tenants will appreciate the proximity to shopping, dining, parks, and top-rated schools in the area, contributing to high occupancy rates and tenant satisfaction.Whether you choose to keep the property fully leased or live in one unit while renting out the others, 688 Passaic Avenue delivers a perfect balance of stability, income potential, and long-term value in a prime Nutley location.

Location

State NJ

County Essex

Rooms

Basement Unfinished, Walkout

Interior

Heating Gas-Natural

Cooling Wall A/C Unit(s)

Heat Source Gas-Natural

Exterior

Exterior Feature Brick

Utilities Available Gas-Natural

Roof Type Flat

Building

Sewer Public Sewer

Water Public Water

Architectural Style 3-Three Story

Others

Senior Community No

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Garden State MLS(GSMLS)
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688 Passaic Ave