NJ
Passaic
Passaic City
07055
109 10th St
109 10th St, Passaic City, NJ 07055
Share Listing
Listing Type
Commercial/Industrial
Listing Status
under contract
36
$1,425,000

Home Details for 109 10th St

Price
$1,425,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1950
Lot size acres
0.06
County
Passaic
Garage
Basement
Full, Partially Finished, Walk-Out Access
Days on site
97
MLS Listing#
3970163
Property Description

Excellent investment opportunity in the growing city of Passaic, NJ. This fully renovated (2021) 6-unit residential building offers strong cash flow with an attractive 8% cap rate. Each unit features two spacious bedrooms and one bathroom, making it highly desirable to renters in this high-demand market. The property has been updated with modern finishes and systems, providing a turnkey solution for investors seeking reliable income with minimal maintenance concerns.The building also includes a partially finished basement that offers additional storage or potential for added amenities, along with a detached one-car garage. Located in a thriving and convenient area of Passaic City, tenants enjoy easy access to public transportation, shopping, schools, and local employers. With limited multifamily inventory in the area and growing rental demand, this asset presents a rare chance to own a stabilized, income-producing property in a rapidly developing market. Ideal for both seasoned investors and those entering the multifamily space, this is a well-maintained, cash-flowing building with long-term upside.

Property Features
  • Basement
    • Full
    • Partially Finished
    • Walk-Out Access
  • Heating Information
    • Electric
    • Natural Gas
  • Water Features
    • Public
  • Utilities
    • Natural Gas Available
  • Parking
    • On Street
Listing Courtesy: SIGNATURE REALTY NJ - 973-921-1111
The data displayed relating to real estate for sale comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Notice: The dissemination of listings displayed herein does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. Information deemed reliable but not guaranteed. Copyright ©2025 Garden State Multiple Listing Service, L.L.C. All Rights Reserved.
Transportation
Check the walk, transit, and bike score for
Neighborhood Market Statistics
See average values in the proximity of this property
Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Garden State MLS.
EXIT PLATINUM REALTY
200 Claremont Ave, Montclair, NJ 07042
Erica Campbell
Franchisee
Office
973 746 4777
Agent
973 277 3965
Request more details
Code: