For sale

$1,099,000

Est. $7,596/mo —

—

•

— ba

•

—

sq ft

87 Passaic, Passaic, NJ 07055

About this home

Beautifully renovated, maintenance-free 5-unit multi-family property, perfect for investors seeking a turnkey investment. All major improvements have been completed, including new electric service (2023), new roof (2023), and new heating system (2021). The property also features a video camera security system and lead-free certification for all five apartments. The unit mix consists of one 1-bedroom apartment, three 2-bedroom apartments, and one 3-bedroom apartment. Enjoy the benefits of a well-maintained property with major capital improvements already completed, offering an excellent opportunity to expand your real estate portfolio with minimal immediate maintenance concerns.

Multi-familyProperty Type

Listed by Spero Kalyoussef • Keller Williams Team Realty

•973-907-4692 (agent)

•SperoNJRealtor@gmail.com (agent)

•973-253-2800 (broker)

Listing updated: Oct 23, 2026 at 08:23pm

Redfin checked: a minute ago

•Source:NJMLS #26040527

Payment calculator

$7,596 per month

Principal and interest$6,072

Property taxes

$1,368

HOA dues

Home insurance

$156

Utilities

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Open houses

No upcoming open houses.

Nearby open houses (10)

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Listing by Corcoran Group
OPEN SAT, 12PM TO 3PM
$1,200,000
3 beds3.5 baths— sq ft
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Prestige Property Group - Montclair, (973) 860-7595
OPEN SAT, 12PM TO 2PM
$615,000
3 beds1.5 baths— sq ft
253 Stover Ave, North Arlington, NJ 07031-5522
OPEN SAT, 1PM TO 3PM
$1,125,000
5 beds5.5 baths— sq ft
285 Washington St, Teaneck, NJ 07666
United Real Estate, (888) 501-6953
OPEN SAT, 2PM TO 4PM
$559,000
2 beds2.5 baths1,709 sq ft
22 Greenbrook Dr #22, Bloomfield, NJ 07003-2878
OPEN SAT, 2PM TO 4PM
$559,000
2 beds2.5 baths— sq ft
22 Greenbrook Dr, Bloomfield, NJ 07003
Keller Williams Realty - NJ Metro Group, (973) 783-7400
OPEN SUN, 12:30PM TO 2:30PM
$659,000
4 beds2.5 baths— sq ft
55 Briarwood Rd, Wayne, NJ 07470
Howard Hanna Rand Realty, (973) 694-6500
OPEN SUN, 1PM TO 5PM
$625,000
4 beds3.5 baths1,886 sq ft
398 Liberty Rd, Englewood, NJ 07631-1514
OPEN SUN, 1:30PM TO 3PM
$999,000
2 beds2 baths838 sq ft
500 W 43rd St Unit 21-B, New York, NY 10036
Listing by Fischer Group Realty LLC

Around this home

Schools

K - 12
Preschool & daycare

Mahatma Gandhi School Number 25

Public K-3 • Assigned • 0.7mi

1/10

Muhammad Ali School Number 23

Public 7-8 • Assigned • 0.7mi

2/10

Passaic High School

Public 9-12 • Assigned • 0.9mi

2/10

Provided by GreatSchools

About Eastside

Passaic

Eastside Passaic, located between the Passaic River waterfront and Main Avenue, is a residential and commercial Passaic neighborhood with river-edge parks and a grid of walkable blocks. The neighborhood’s character concentrates around Main Avenue near Passaic Street, where storefront bakeries, produce markets, and small service shops keep the sidewalks active. Early-20th-century multifamily homes and compact single-family houses set a steady streetscape, with corner stores woven into the blocks. Third Ward Park frames the riverfront with ballfields and open lawns. The Passaic Public Library anchors civic life with a classic façade and a calm reading-room feel. Local staples such as Hot Grill, Rumba Cubana, and the Botto House National Landmark add a distinct Passaic imprint.

Provided by Walk Score and Local Logic

Market insights

87 Passaic · $1,099,000

DAYS ON MARKET

The average home goes pending in 34 days.

SALE-TO-LIST

Most homes are selling 4% above list price.

LIST PRICE

Median list price in this area is $714,230. (35% lower than this home)

PRICE DROP

9% of homes in this area have had a price drop in the past month.

Property details

Exterior
Finance

Exterior

Home design
Residential income property
Mixed use

Construction
Flat roof

Sale and tax history for 87 Passaic

Sale History
Tax History

Year

Property tax

Land + Additions

Assessment*

2025

$16,415 (+3.3%)

$28,400 + $357,100

$385,500

2024

$15,894 (+3.0%)

$28,400 + $357,100

$385,500

2023

$15,435 (+3.1%)

$28,400 + $357,100

$385,500

2022

$14,973 (+3.3%)

$28,400 + $357,100

$385,500

2021

$14,495 (+0.8%)

$28,400 + $357,100

$385,500

2020

$14,383 (+1.5%)

$28,400 + $357,100

$385,500

2019

$14,175 (+2.2%)

$28,400 + $357,100

$385,500

2018

$13,870 (+3.2%)

$28,400 + $357,100

$385,500

2017

$13,442 (+3.5%)

$28,400 + $357,100

$385,500

2016

$12,983 (+29.4%)

$28,400 + $357,100

$385,500

2014

$10,035 (+1.6%)

$35,000 + $100,000

$135,000

2013

$9,873 (+2.9%)

$35,000 + $100,000

$135,000

2012

$9,594 (+3.1%)

$35,000 + $100,000

$135,000

2011

$9,303 (+0.6%)

$35,000 + $100,000

$135,000

2010

$9,243 (+21.2%)

$35,000 + $100,000

$135,000

2009

$7,629

$35,000 + $100,000

$135,000

Public record

Beds

—

Baths

—

Stories

Lot width

25 ft.

Lot depth

75 ft.

Lot size

1,873 Sq. Ft.

Year renovated

—

Finished Sq. Ft.

3,030

Unfinished Sq. Ft.

—

Total Sq. Ft.

3,030

Year built

1940

Style

Multi-Family (5+ Unit)

County

Passaic County

APN

0701026 00006

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 19, 2026.

Climate risks

8/10 Flood Factor

Estimated 80%+ chance of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

7/10 Heat Factor

7 days above 101° expected this year, 15 days in 30 years

6/10 Wind Factor

27% chance of strong winds in next 30 years

4/10 Air Factor

3 unhealthy days expected this year, 5 days in 30 years

Provided by First Street

Historical weather

Passaic, NJ • 07055

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

58/ 100

Moderate sunlight

Sunscore

There appears to be some shading by surrounding buildings, terrain, and vegetation.

7.1 hrs

3.3 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 87 Passaic

We cannot show automated home-value estimates for this home.

Nearby homes have recently sold between $595,000 and $950,000.

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $595K to $950K.

SOLD AUG 26, 2026
$760,000 Last sold price
4 beds3 baths— sq ft
112 HATHAWAY St, Wallington, NJ 07057
basement
SOLD JUN 30, 2026
$800,000 Last sold price
5 beds3 baths— sq ft
204 Hayward Pl, Wallington, NJ 07057
LPT Realty
basement
SOLD JUN 18, 2026
$950,000 Last sold price
6 beds2 baths— sq ft
33 Westminster Pl, Garfield, NJ 07026
New Jersey Homes & Estates
basement
SOLD MAY 7, 2026
$595,000 Last sold price
4 beds2 baths— sq ft
58 Bloomingdale Ave, Garfield, NJ 07026
Coccia Realty Better Homes & Gardens-Rutherford
basement
SOLD OCT 15, 2026
$740,000 Last sold price
8 beds3 baths— sq ft
6 4th St, Passaic, NJ 07055
Howard Hanna Rand Realty
SOLD JUN 29, 2026
$776,000 Last sold price
6 beds3 baths— sq ft
165 Macarthur Ave, Garfield, NJ 07026
Century 21 JR Gold Team Realty, LLC
basement

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(201) 808-3774

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87 Passaic, Passaic, NJ 07055

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Details provided by NJMLS and may not match the public record. Learn more.

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