367 Monroe St
Passaic City, NJ 07055
Price: $620,000
GSMLS: 3949944Type: Multi-Family
Style: 3-Three Story
Total Units: 3
Beds: 11
Baths: 3 Full
Garage: No
Year Built: Unknown
Acres: 0.06
Property Tax: $10,827
Description
A Versatile Multi-family Property Featuring Two Spacious Family Units And A Large Third-level Unit With Tons Of Potential For Additional Living Space Or Storage. Each Unit Includes 4 Bedrooms, 1 Bathroom, A Kitchen With Pantry, And A Living Room. The Property Boasts A Large Unfinished Basement, A Fenced Backyard Accessible From All Units, And Street Parking. Utilities Include Separate Electrical Panels, Two Natural Gas Furnaces, And Two Water Heaters, With Common Area Electricity And Water Billed To The Owner. Current Rental Income Is $1,750 For Unit #1 And $1,650 For Unit #2, With The Third Unit Previously Rented For $1,200. Tenants Have A Lease Just Renewed In January 2025 And Are Aware Of The Listing Currently For Sale. The Property Passed Lead Inspections In January 2025, House Is Being Sold "as Is" Condition And Is Conveniently Located Near Public Transportation, Shopping, Restaurants, And Schools. Don't Miss This Opportunity For Great Rental Potential In A Prime Location!
General Info
Style:
3-Three Story
SqFt Building:
n/a
Total Rooms:
15
Basement:
Yes - Finished-Partially
Interior:
n/a
Roof:
Asphalt Shingle
Exterior:
Vertical Siding
Lot Size:
29X87
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
See Remarks
Parking:
See Remarks
Spaces Available:
n/a
Unit 1
Bedrooms:
4
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Kitchen, Living Room, Pantry
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
See Remarks
Utilities:
Owner Pays Water
Handicap:
No
Unit 2
Bedrooms:
4
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Kitchen, Living Room, Pantry
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
See Remarks
Utilities:
Owner Pays Water
Handicap:
No
Unit 3
Bedrooms:
4
Bathrooms:
1
Total Rooms:
5
Room Description:
Attic, Bedrooms, Kitchen
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
See Remarks
Utilities:
Owner Pays Water
Handicap:
No
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
See Remarks
Heating Fuel:
Gas-Natural
Cooling:
See Remarks
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Electric, Gas-Natural
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Passaic
Town:
Passaic City
Neighborhood:
n/a
Financial Considerations
List Price:
$620,000
Tax Amount:
$10,827
Land Assessment:
$63,600
Build. Assessment:
$199,000
Total Assessment:
$262,600
Tax Rate:
4.12
Tax Year:
2024
Listing Information
MLS ID:
3949944
List Date:
03-10-2025
Days On Market:
45
Listing Broker:
REAL
Listing Agent:
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: DrakesvilleCondos.com
