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.
Active
$875,000
45 Parker Ave, Passaic City, NJ 07055
3beds
2,000sqft
Est.:
Multi Family
Built in 1940
-- sqft lot
$-- Zestimate®
$438/sqft
$-- HOA
What's special
- 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#: 3977595

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
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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