About 131 Park Place
Welcome to this well-maintained 3-family home ideally located near Downtown Passaic! Perfect for investors or owner-occupants, this property offers excellent rental income potential and convenience all in one. The first unit feature 3 bedrooms and 1 full bathroom, providing bright living spaces and a functional layout. The second unit features 2 bedrooms and 1 full bathroom. The spacious and bright third unit offers 1 bedroom and 1 bathroom. A finished basement includes 2 bonus rooms, a full bathroom, and a kitchenette, offering endless possibilities for extra storage, recreation, or guest space. The home also includes a 4-car driveway and garage, providing plenty of off-street parking. Located just minutes from public transportation, shopping, restaurants, schools, and houses of worship, this property combines comfort and convenience in one of Passaic’s most accessible neighborhoods. Can be delivered vacant and being sold AS-IS.
Features of 131 Park Place
| MLS® # | 25037078 |
|---|---|
| Price | $705,000 |
| Bedrooms | 6 |
| Bathrooms | 4.00 |
| Full Baths | 4 |
| Type | 2-4 Family |
| Status | Active |
Community Information
| Address | 131 Park Place |
|---|---|
| City | Passaic |
| County | PASSAIC |
| State | NJ |
| Zip Code | 07055 |
Amenities
| Utilities | Electricity Connected |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
|---|---|
| Has Basement | No |
Additional Information
| Date Listed | October 16th, 2025 |
|---|---|
| Foreclosure | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Sharifa R. Damallie |
|---|---|
| Office | Coldwell Banker, Fort Lee |