688 Passaic Ave

Nutley Twp, NJ 07110


 

Price: $949,000

GSMLS:  3985523
Type: Multi-Family
Style: 3-Three Story
Total Units: 4
Beds: 8
Baths: 4 Full
Garage: No
Year Built: 1922
Acres: 0.09
Property Tax: $19,124
VirtualTour
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.
General Info
Style:
3-Three Story
SqFt Building:
n/a
Total Rooms:
20
Basement:
Yes - Unfinished, Walkout
Interior:
n/a
Roof:
Flat
Exterior:
Brick
Lot Size:
40X100
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
n/a
Parking:
Parking Lot-Exclusive
Spaces Available:
5
Unit 1
Bedrooms:
2
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CarbMDet,CeilFan,CookGas,Dishwshr,RgOvGas,Refrig
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
Handicap:
No
Unit 2
Bedrooms:
2
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Kitchen, Living Room
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CarbMDet,CeilFan,CookGas,Dishwshr,RgOvGas,Refrig
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
Handicap:
No
Unit 3
Bedrooms:
2
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Kitchen, Living Room
Levels:
3
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CarbMDet,CeilFan,CookGas,Dishwshr,RgOvGas,Refrig
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
Handicap:
No
Unit 4
Bedrooms:
2
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Kitchen, Living Room
Levels:
4
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CarbMDet,CeilFan,CookGas,Dishwshr,RgOvGas,Refrig
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
Handicap:
No
Utilities
Heating:
Radiators - Steam
Heating Fuel:
Gas-Natural
Cooling:
Wall A/C Unit(s)
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:
Essex
Town:
Nutley Twp.
Neighborhood:
n/a
Financial Considerations
List Price:
$949,000
Tax Amount:
$19,124
Land Assessment:
$214,400
Build. Assessment:
$512,200
Total Assessment:
$726,600
Tax Rate:
2.63
Tax Year:
2024
Listing Information
MLS ID:
3985523
List Date:
09-08-2025
Days On Market:
1
Listing Broker:
SIGNATURE REALTY NJ
Listing Agent:
 

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