259 Highland Ave
Passaic City, NJ 07055
Price: $699,900
GSMLS: 3981979Type: Multi-Family
Style: Duplex-Side by Side, Fixer Upper
Total Units: 2
Beds: 6
Baths: 6 Full
Garage: No
Year Built: 1920
Acres: 0.13
Property Tax: $12,129
Description
Attention Investors! Don?t Miss This Prime Multi-family Investment Opportunity Located In The Heart Of Passaic. This Duplex Two-family Property At 259-261 Highland Ave Is Tenant-occupied, Providing Immediate Rental Income, With Strong Upside Potential For The Right Buyer Willing To Make Value-add Improvements. Each Unit Offers 3 Bedrooms And 3 Bathrooms, Spacious Layouts, And The Property Includes A Full Basement Ideal For Storage Or Additional Rental Possibilities. While The Home Does Require Repairs And Updates, This Is The Perfect Chance For An Investor To Unlock Significant Equity And Maximize Cash Flow Through Renovations. Conveniently Located Near Public Transportation, Major Highways, Schools, And Shopping, This Property Is In A High-demand Rental Market, Making It A Solid Long-term Hold Or Repositioning Opportunity.
General Info
Style:
Duplex-Side by Side, Fixer Upper
SqFt Building:
n/a
Total Rooms:
18
Basement:
Yes - Finished, Full, Walkout
Interior:
n/a
Roof:
Asphalt Shingle
Exterior:
Aluminum Siding, Brick
Lot Size:
50X115
Lot Desc:
Level Lot
Parking
Garage Capacity:
No
Description:
n/a
Parking:
On-Street Parking
Spaces Available:
n/a
Unit 1
Bedrooms:
3
Bathrooms:
3
Total Rooms:
9
Room Description:
Bedrooms, Eat-In Kitchen, Living Room
Levels:
3
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Range/Oven - Gas
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
3
Bathrooms:
3
Total Rooms:
9
Room Description:
Bedrooms, Eat-In Kitchen, Living Room
Levels:
3
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Range/Oven - Gas
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 3
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
2 Units, Baseboard - Hotwater
Heating Fuel:
Gas-Natural
Cooling:
None
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Gas-Natural
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Passaic
Town:
Passaic City
Neighborhood:
n/a
Financial Considerations
List Price:
$699,900
Tax Amount:
$12,129
Land Assessment:
$78,800
Build. Assessment:
$215,400
Total Assessment:
$294,200
Tax Rate:
4.12
Tax Year:
2024
Listing Information
MLS ID:
3981979
List Date:
08-18-2025
Days On Market:
3
Listing Broker:
EXP REALTY, LLC
Listing Agent:
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: MeadowsRoxbury.com
