- Overview
- Description
- Property Details
- Location
- Facts & Features
- Getting Around
- Nearby Homes
Hot
Price Drop: $51K (10/20)
Street View
$799,000
Monthly Est:$3,977
8 Beds
4 Baths4 full baths
--sqft
247 Hope Ave, Passaic, NJ 07055
$799,000
$3,977/moEst:
Get Pre-Approved
Multi Family
Built in -
$-- HOA
-- sqft lot
--/sqft
Description
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.
- Houzeo last checked: 13 minutes ago
- Listing updated: October 21, 2026 at 12:46 am
- Listing Provided by: Pina Nazario (973) 886-6258 | Coldwell Banker, Clifton (973) 778-4500
- Source: New Jersey MLS-NJ | MLS#: 26033223
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
-
HOA Fees
-
Finished Area
- sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
New Jersey MLS
MLS Number
26033223
MLS Status
Active - Active Attorney Review
Days on Market
67
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 4
Construction
Year Built
-
Home type
Multi Family
Architectural Style
2 Family
Utilities & Energy
Utilities
Electricity Connected, Natural Gas Connected, Sep Heat
Other Features
Disclosures
Seller's Agent
Price History
| Date | Event | Price |
|---|---|---|
10/23/2026 Source: | Price Increased | $1,950,000 +144.06% $886/sqft |
10/19/2026 Source: | Listed for Sale | $799,000 -59.03% $363/sqft |
10/15/2026 Source: | Coming Soon | $1,950,000 +144.06% $886/sqft |
09/28/2026 Source: | Price Decreased | $799,000 -6.00% $363/sqft |
09/21/2026 Source: | Price Decreased | $850,000 -5.45% $386/sqft |
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These properties were listed and sold by various Participants of the NJMLS based on information from the New Jersey Multiple Listing Service, Inc through Nov 11, 2026, 06:00AM. The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Your Town Realty are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. Information being provided is for consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information deemed reliable but not guaranteed accurate by the MLS. Last date updated: Nov 11, 2026, 06:00AM.
Source: New Jersey Multiple Listing Service, Inc.
© 2026 New Jersey Multiple Listing Service, Inc. All rights reserved.
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