1 of 21 - 247 Hope Avenue, Passaic, NJ Save the listing
2 of 21 - 247 Hope Avenue, Passaic, NJ
3 of 21 - 247 Hope Avenue, Passaic, NJ
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5 of 21 - 247 Hope Avenue, Passaic, NJ
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247 Hope Avenue, Passaic, NJ

$850,000

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8

Beds

4

Baths

About 247 Hope Avenue

Discover the Possibilities and unlock the exceptional potential of this Large Two Family home on an Oversized Lot 75 x 125. The very large two-family home generates $7,000 in gross monthly rental income. Collect strong cash flow while you explore future opportunities to possible subdivide -(see attached licensed appraisal for lot 37.5 x 100) or redevelopment - making this an ideal prospect for investors, builders, and visionaries. The existing two-family is being sold strictly as-is and any future development, buyer is responsible to acquire the necessary approvals. With its generous lot size and desirable setting, the possibilities are wide-open for those ready to create something special. A unique chance to combine income today with potential for more profit tomorrow. Don't miss it.

Features of 247 Hope Avenue

MLS® # 26033223
Price $850,000
Bedrooms 8
Bathrooms 4.00
Full Baths 4
Type 2-4 Family
Status Active

Community Information

Address 247 Hope Avenue
City Passaic
County PASSAIC
State NJ
Zip Code 07055

Amenities

Utilities Electricity Connected, Natural Gas Connected, Sep Heat
Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Additional Information

Date Listed September 4th, 2026
Foreclosure No
RE / Bank Owned No

Listing Map

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