81 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, entrepreneur, or aspiring homeowner. Don't miss out on the chance to acquire a remarkable property in this sought-after area. Schedule a showing today and discover the possibilities of this fantastic investment!

Property Details for 81 Spring Street

Directions
Howard Ave to Spring St
Days On Market
1

Location

Listing Courtesy of SIGNATURE REALTY NJ, MICHELLE PAIS; SIGNATURE REALTY NJ, JASON KUNZMAN
Add your commute
LISTING UPDATED: 04/30/2024 12:16 PM

Property Details for 81 Spring Street

StatusActive
MLS #3898892
Days on Market21
Taxes$14,014 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / 3-Three Story
Year Built1925
Lot Size0.11 AC / 4,791 SF
CountyPassaic County

Location

Listing Courtesy of SIGNATURE REALTY NJ, MICHELLE PAIS; SIGNATURE REALTY NJ, JASON KUNZMAN
Add your commute

Building Information for 81 Spring Street

Stories-Residences3Year Built1925Building Size-Lot Size0.11 AC / 4,791 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 Spring Street

Summary
Location and General Information
  • Active Days on Market: 1
  • County #: Passaic
  • Town Name: Passaic City
  • Block Identifier: 1292.01
  • Listing Type: Exclusive Right to Sell
  • Town #: 2507.0
  • Street # Display: 81.0
  • # Parking Spaces: 2
  • County Or Parish: Passaic
  • Street Name: Spring St
  • Zip Code: 07055-5435
  • Total Units: 3
Taxes and HOA Information
  • Assess Total Tax: *
  • Assess Amt Land Tax: *
  • Assess Amt Bldg Tax: *
  • Block ID Tax: *
  • Acres Tax: *
  • County Tax: *
  • Tax Amount: $14,014
  • Street name Tax: *
  • Zip Code Tax: *
  • City Tax: *
  • Tax Amount Tax: *
  • Assessment Total: 350000.0
  • Tax ID For Property: 2507-01292-0001-00008-0000-
  • Tax Rate Amount: $4
  • Tax Rate Tax: *
  • Tax Rate Year: 2023
  • Tax Year: 2023
  • Tax Year Tax: *
  • Lot ID Tax: *
  • Lot Size Tax: *
Parking
  • Parking/Driveway Description: 2 Car Width, Driveway-Exclusive
  • # Garage Spaces: 2
  • Garage Description: Detached Garage
Property
Lot Information
  • Lot Description: Corner
  • Lot Identifier: 8
  • Approximate Lot Size: 37.5X125
  • Total Acres: 0.11
  • Construction Date/Year Built: 1925
  • Construction Date/Year Built Des: Approximate
Property and Assessments
  • Assessment Bldg: 237500.0
  • Assessment Land: 112500.0
Utilities
  • Cooling: Window A/C(s)
  • Utilities: All Underground
  • Water: Public Water
  • Water Heater: Gas
  • Heating: Baseboard - Hotwater, Radiators - Hot Water
  • Fuel Type: Gas-Natural
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Vinyl Siding
Interior Features
  • Interior Features: Smoke Detector, Wood Floors
  • Roof Description: Asphalt Shingle
  • Basement: Yes
  • Basement Description: Finished
  • Easement: Unknown
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: See Remarks
  • Unit 1 Baths: 1.0
  • Unit 1 Bedrooms: 2
  • Unit 1 Fireplaces: 0.0
  • Unit 1 Handicap Modified: No
  • Unit 1 Levels: 1.0
  • Unit 1 Owner/Tenant Pays: Owner Pays Electric, Owner Pays Gas, Owner Pays Heat, Owner Pays Water
  • Unit 1 Rent: 0.0
  • Unit 1 Room Description: Bedrooms, Dining Room, Kitchen, Living Room, Sunroom
  • Unit 1 Rooms: 6.0
  • Unit 1 Security Deposit: 0.0
  • Unit 1 Sq Ft: 0.0
Unit 2 Information
  • Unit 2 Appl/Equip: Range/Oven - Gas
  • Unit 2 Baths: 1.0
  • Unit 2 Bedrooms: 3
  • Unit 2 Fireplaces: 0.0
  • Unit 2 Handicap Modified: No
  • Unit 2 Levels: 2.0
  • Unit 2 Owner/Tenant Pays: Owner Pays Electric, Owner Pays Gas, Owner Pays Heat, Owner Pays Water
  • Unit 2 Rent: 0.0
  • Unit 2 Room Description: Bedrooms, Dining Room, Kitchen, Living Room
  • Unit 2 Rooms: 7.0
  • Unit 2 Security Deposit: 0.0
  • Unit 2 Sq Ft: 0.0
Unit 3 Information
  • Unit 3 Appl/Equip: Range/Oven - Gas, Refrigerator
  • Unit 3 Baths: 1.0
  • Unit 3 Bedrooms: 2
  • Unit 3 Fireplaces: 0.0
  • Unit 3 Handicap Modified: No
  • Unit 3 Levels: 3.0
  • Unit 3 Owner/Tenant Pays: Owner Pays Electric, Owner Pays Gas, Owner Pays Heat, Owner Pays Water
  • Unit 3 Rent: 0.0
  • Unit 3 Room Description: Bedrooms, Eat-In Kitchen
  • Unit 3 Rooms: 5.0
  • Unit 3 Security Deposit: 0.0
  • Unit 3 Sq Ft: 0.0
Multi-Family Information
  • Unit Style: 3-Three Story
Income & Expenses Information
  • Total Operating Expense: $.00
  • Net Operating Income: $.00
  • Gross Operating Income: $.00

Property History for 81 Spring Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 81 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.

Similar Homes

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81 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, 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 Spring Street is a 7-bed, 3-bath, multi-family home built in 1925.

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, MICHELLE PAIS; SIGNATURE REALTY NJ, 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 05/20/2024 08:41 AM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.