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  • $875,000

    45 Parker Ave, Passaic City, NJ 07055

    3beds
    2,000sqft
    : 
    Multi Family
    Built in 1940
    -- sqft lot
    $-- Zestimate®
    $438/sqft
    $-- HOA

    What's special

    Turnkey Mixed-Use Property - Remodeled & Income-Producing. Don't miss this exceptional opportunity to own a fully remodeled and well-maintained mixed-use property featuring two units: one commercial and one residential. Located in a high-demand area with excellent access to major highways and less than 30 minutes from NYC, this property offers strong visibility and convenience for both residents and businesses. The building has been extensively upgraded throughout, with modern systems and finishes. All utilities are separately metered, and the commercial tenant contributes 50% toward property taxes and insurance, enhancing the cash flow. Enjoy proximity to public transportation, parks, retail, and houses of worship, making this an attractive asset for both investors and owner-occupants alike. Owner holds an active NJ real estate license.
    16 days
    on Zillow
    |
    207
    |
    7
    |

    Zillow last checked: 13 hours ago

    Listing updated: July 31, 2025 at 11:16am

    Listed by:

    Michael Wachala 973-931-2220,

    Keller Williams Park Views

    Source: GSMLS,MLS#: 3977595MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 45 Parker Ave.

    Next available tour time:Today at 12:30pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1.2
    • Full bathrooms: 1
    • 1/2 bathrooms: 2
    Heating
    • 2 Units, Natural Gas
    Cooling
    • Wall Unit(s), Window Unit(s)
    Appliances
    • Included: Exhaust Fan, Range/Oven - Gas, Refrigerator, See Remarks, Gas Water Heater
    Features
    • Kitchen, See Remarks, Bedrooms, Eat-In Kitchen, Living Room
    • Basement: Yes,Bilco-Style Door,Full,Walk-Out Access
    • Has fireplace: No
    Interior area
    • Total structure area: 2,000
    • Total interior livable area: 2,000 sqft

    Property

    Parking
    • Parking features: None
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 1,742.4 Square Feet
    • Dimensions: 32 x 61
    • Features: Irregular Lot
    Details
    • Parcel number: 2507040700000000550000

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Stone, Vinyl Siding
    • Roof: Flat
    Condition
    • Year built: 1940
    • Major remodel year: 2024

    Utilities & green energy

    • Gas: Gas-Natural
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Connected, Cable Connected, Fiber Optic

    Community & HOA

    Community
    • Security: Carbon Monoxide Detector(s), Fire Alarm, Security System, Smoke Detector(s)
    Location
    • Region: Passaic

    Financial & listing details

    • Price per square foot: $438/sqft
    • Tax assessed value: $257,700
    • Annual tax amount: $10,624
    • Date on market: 7/25/2025
    • Total actual rent: 19998
    • Tenant pays: Electricity, Gas, Tenant Pays Heat, Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Water
    • Electric utility on property: Yes
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