About 48 8th Avenue
Property Website: https://lekker.hd.pics/48th-Ave Income-Producing 8-Unit Multifamily | Prime Passaic Location Introducing a fully renovated 8-unit multifamily property located at 48 8th Avenue in Passaic, NJ. Built in 1980 and extensively updated in 2025, this all-brick low-rise building offers 6,256 SF across three stories with a mix of (4) two-bedroom units and (4) one-bedroom units. The property is 100% occupied, with strong in-place income and additional upside through below-market rents. Tenants enjoy a fenced courtyard, laundry, and storage amenities in the basement, along with easy access to public transit and major highways. Utilities include separately metered electric and gas, providing efficiency for ownership. Situated on a 4,901 SF corner lot, this freestanding property benefits from high visibility and ample street parking. Recent renovations, solid construction, and professional landscaping ensure long-term durability and tenant appeal.
Features of 48 8th Avenue
| MLS® # | 25033281 |
|---|---|
| Price | $1,599,000 |
| Bathrooms | 0.00 |
| Type | 5+ Mixed Use |
| Status | Active |
Community Information
| Address | 48 8th Avenue |
|---|---|
| City | Passaic |
| County | PASSAIC |
| State | NJ |
| Zip Code | 07055 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Fireplace | No |
|---|---|
| Has Basement | No |
Exterior
| Roof | Flat, See Remarks |
|---|
Additional Information
| Date Listed | September 18th, 2025 |
|---|---|
| Foreclosure | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Bruce Elia, Jr. |
|---|---|
| Office | Keller Williams City Views Realty |