81-83 Spring Street

Passaic, NJ 07055

$889,000
Price
7
Beds
3
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Introducing an exceptional three-level multi-family residence nestled in the heart of Passaic, NJ! This property presents a remarkable investment prospect with three distinct apartments. Unit 1 boasts 2 bedrooms, 1 bath, a pantry room, and den. Unit 2 provides 3 bedrooms, 1 bath, and a pantry room. Unit 3 offers 2 bedrooms, 1 bath, along with ample storage closets. Each unit offers generous living space, ensuring a comfortable lifestyle for tenants, making it an appealing choice. Additionally, this...Introducing an exceptional three-level multi-family residence nestled in the heart of Passaic, NJ! This property presents a remarkable investment prospect with three distinct apartments. Unit 1 boasts 2 bedrooms, 1 bath, a pantry room, and den. Unit 2 provides 3 bedrooms, 1 bath, and a pantry room. Unit 3 offers 2 bedrooms, 1 bath, along with ample storage closets. Each unit offers generous living space, ensuring a comfortable lifestyle for tenants, making it an appealing choice. Additionally, this home features an unfinished basement with 3 laundry hookups and a 2-car garage. All electrical and plumbing systems are updated to meet 2023 codes, including new windows. Conveniently located just one block from New Jersey transit bus stops and close to the train station, this residence perfectly balances comfort and accessibility. Seize the opportunity to own this prime piece of real estate and unlock its full potential, whether you're an investor or homeowner.

Property Details for 81-83 Spring Street

Style
3 Family
Sub style
Top/Btm
Waterfront
None
Garage
Detached

Location

Listing Courtesy of Signature Realty NJ LLC - Westfield, Michelle S. Pais; Signature Realty NJ LLC - Westfield, Jason Kunzman
Add your commute
LISTING UPDATED: 05/05/2024 11:55 PM

Property Details for 81-83 Spring Street

StatusActive
MLS #24012871
Days on Market17
Taxes$14,014 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / 3 Family
Year Built-
Lot Size0.11 AC / 4,687 SF
CountyPassaic County

Location

Listing Courtesy of Signature Realty NJ LLC - Westfield, Michelle S. Pais; Signature Realty NJ LLC - Westfield, Jason Kunzman
Add your commute

Building Information for 81-83 Spring Street

Stories-Residences-Year Built-Building Size-Lot Size0.11 AC / 4,687 SF

Payment Calculator

$6,019 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,852

Property Taxes

$1,168

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 81-83 Spring Street

Summary
Location and General Information
  • Area: 1607
  • Area name: Passaic
  • Flood plain: None
  • Street Name: Spring
  • County Name: PASSAIC
  • Status: ACTIVE
  • Zip Code: 07055
Taxes and HOA Information
  • Tax: $14,014
Owner
  • Ownership: Private
Property
Lot Information
  • Lot size: 4687.0
  • Lot: 00008
  • Year Built: 1900-1939
  • Views exposure: None
  • Lot Description: Regular
  • Miscellaneous: None
  • Block: 01292
  • Block suffix: 0001
Property and Assessments
  • Photo: Y
  • Photo Number: 31
  • CourtAppYN: No
Utilities
  • Sewer: Municipal
  • Utilities: Sep Elec, Sep Gas, Sep Heat
  • Heatcool: Baseboard, Gas, Radiators
  • Cooling Type: Baseboard, Gas, Radiators
Interior and Exterior Features
Interior Features
  • Bedrooms: 7
  • Baths full: 3
  • Baths partial: 0
  • Floor 1St: Kitchen, Living Room, Dining Room, Bedrooms, Pantry Room, Sunroom/Den
  • Floor 2Nd: Kitchen, Living Room, Dining Room, Bedrooms, Bathroom, Pantry Room
  • Floor 3Rd: Eat in Kitchen, Bedrooms, Bathroom
  • Basement: Finished
  • Basement Description: Yes, Fully Finished
  • Number of rooms: 18
  • Laundry: In Unit
  • Lifestyle: None
  • Full Baths Total: 3
  • Num of Baths: 3.0
Exterior Features
  • Fireplace: None
Agent
Sale and Listing Information
  • Search Class: 2to4
  • List Price: $889,000.00
  • Listing Date: 04-29-2024
  • Status Date: 04-29-2024
Showing Information
  • Internet Remarks: Introducing an exceptional three-level multi-family residence nestled in the heart of Passaic, NJ! This property presents a remarkable investment prospect with three distinct apartments. Unit 1 boasts 2 bedrooms, 1 bath, a pantry room, and den. Unit 2 provides 3 bedrooms, 1 bath, and a pantry room. Unit 3 offers 2 bedrooms, 1 bath, along with ample storage closets. Each unit offers generous living space, ensuring a comfortable lifestyle for tenants, making it an appealing choice. Additionally, this home features an unfinished basement with 3 laundry hookups and a 2-car garage. All electrical and plumbing systems are updated to meet 2023 codes, including new windows. Conveniently located just one block from New Jersey transit bus stops and close to the train station, this residence perfectly balances comfort and accessibility. Seize the opportunity to own this prime piece of real estate and unlock its full potential, whether you're an investor or homeowner.

Property History for 81-83 Spring Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 81-83 Spring Street

Taxable ValueLand$112,500Additions$237,500Total$350,000
Tax Record2022$13,594 ($1,133 / month)
Home Facts
Total Finished SqFt3,500 SqFtAbove Grade Finished SqFt3,500 SqFtStories2Lot Size4,688 SqFtStyleTriplexYear Built1925CountyPASSAICAPN07 01292- 01-00008

Schools near 81-83 Spring Street

This home is within Passaic City Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - K to 8
Public - 6 to 11
Rating
School
Distance
Number 3 Mario J Drago
PublicPK to 8

Passaic High School
Public9 to 12

Passaic Preparatory Academy
Public6 to 11

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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81-83 Spring Street is a multi-family home for sale in Passaic, NJ 07055. This property was listed for sale on April 29, 2024 by Signature Realty NJ LLC - Westfield, it's currently listed at $889,000. This listing's school district is Passaic City Public School District. Nearby schools include Number 3 Mario J Drago, Passaic High School and Number 1, Thomas Jefferson Elementary School. 81-83 Spring Street is a 7-bed, 3-bath, multi-family home.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Signature Realty NJ LLC - Westfield, Michelle S. Pais; Signature Realty NJ LLC - Westfield, Jason Kunzman

The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated 05/16/2024 10:42 PM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.