$1,499,000

284 Summer St Passaic, NJ 07055

Estimated payment $9,050/month

Total Views 32,927
7 Beds
3 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Deck
  • High Ceiling
  • Walk-In Closet
  • Marble Flooring
  • Gazebo
  • Window Unit Cooling System

About This Home

2-family investment opportunity in Passaic, NJ, perfect for investors or first-time buyers seeking strong rental income. This extraordinary oversized property features a beautifully maintained two-family home that blends modern design with everyday comfort, ideal for buyers looking for built-in rental assistance to help offset mortgage costs. The entire home, including the attic and basement, has been newly renovated, offering fresh, move-in-ready spaces throughout. Unit 1 offers 2 bedrooms, 1 full bathroom, a formal living room, dining room, a beautifully updated kitchen, and a sturdy spiral staircase leading to a full finished basement for added functional space. Unit 2 includes 3 bedrooms, 1 full bathroom, and a spacious living room, while the finished attic provides 2 additional rooms and 3 large closets for valuable bonus space. The huge lot includes 6 outdoor parking spaces and a remarkable 7-car garage that can fit up to 12 vehicles, ideal for car collectors, contractors, or additional rental income. The property is exceptionally clean and well-kept, featuring generous outdoor space, a brand-new patio, and a new roof. Current rent is below market value, offering immediate upside for investors. Located in a prime area of Passaic, it is close to public transportation, parks, schools, shopping, places of worship, and offers easy access to major highways and NYC transportation. DON'T MISS THIS RARE GEM!!

Listing Agent

ISHALI NARULA

WEICHERT REALTORS Brokerage Phone: 862-324-2423 Listed on: 12/01/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,661

Year Built

  • Built in 1930 | Remodeled

Lot Details

  • 9,148 Sq Ft Lot
  • Privacy Fence
  • Fenced
  • Level Lot

Parking

  • 7 Car Garage

Home Design

  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Dry Bar
  • High Ceiling
  • Chandelier
  • Marble Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Outdoor Features

  • Deck
  • Gazebo

Utilities

  • Window Unit Cooling System
  • Central Air
  • Multiple Heating Units
  • Hot Water Baseboard Heater
  • Standard Electricity

Community Details

  • Net Operating Income $93,900

Listing and Financial Details

  • Assessor Parcel Number 2507-02190-0000-00020-0000-

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,661

Year Built

Built in 1930 | Remodeled

Lot Details

9,148 Sq Ft Lot

Parking

7

Listing Details

  • Unit Style: 2-Two Story
  • Year Built: 1930
  • Year Built Description: Approximate, Renovated
  • County Name: Passaic
  • Directions: Paulison Ave to Summer Street
  • I D: 5397612
  • Attribution Contact: 862-324-2423
  • MLS Status: Active
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Year Renovated: 2024

Interior Features

  • Interior Amenities: Bar-Dry, Carbon Monoxide Detector, Chandelier, High Ceilings, Marble Floors, Walk-In Closet
  • Bedrooms: 7
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Basement: Yes
  • Basement Description: Finished, Full

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Deck, Gazebo, Metal Fence, Privacy Fence
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Oversize Garage
  • Number Garage Spaces: 7
  • Number Parking Spaces: 6
  • Parking Driveway Description: Concrete Strip

Utilities

  • Cooling: 1 Unit, Central Air, Window A/C(s)
  • Fuel Type: Gas-Natural
  • Heating: 2 Units, Baseboard - Hotwater
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water

Lot Info

  • Lot Size: 50X187
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.21

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 12661
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2507-02190-0000-00020-0000-
  • Tax Rate Amount: 4.123
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2024

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $12,662 $307,100 $96,800 $210,300
2024 $12,296 $307,100 $96,800 $210,300
2022 $11,928 $307,100 $96,800 $210,300
2021 $11,547 $307,100 $96,800 $210,300
2020 $11,458 $307,100 $96,800 $210,300
2019 $11,292 $307,100 $96,800 $210,300
2018 $11,049 $307,100 $96,800 $210,300
2017 $10,709 $307,100 $96,800 $210,300
2016 $10,343 $307,100 $96,800 $210,300
2015 $11,640 $153,700 $61,400 $92,300
2014 $11,426 $153,700 $61,400 $92,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/08/2026 02/08/26 Price Changed $1,499,000 -6.3% --
12/01/2025 12/01/25 For Sale $1,599,000 -- --
Source: Garden State MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Deed $155,000 --
Deed $83,500 --
Deed -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $139,500 No Value Available
Previous Owner $98,355 No Value Available
Source: Public Records

Source: Garden State MLS

MLS Number: 3999758

Garden State MLS

APN: 07-02190-0000-00020

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