Skip To Content

    386 Monroe

    Passaic City, NJ 07055
    • $1,299,000
    • STATUS: Active
    • ON SITE: 52 Days
    • MLS #: 3737627
    $1,299,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 8,320
      SQFT
    • $156
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1940
    County:
    Area:

    School Ratings & Info

    Description

    This property is an investor's dream. The property has 8 units-- each with 2 BRs, LR,KIT BATH. It is ranch style with 4 separate residential deeds(386 388 390 394 Monroe). Each deed is for 2 units, 2080 SQ FT. It is ranch style with 4 separate residential deeds(386 388 390 394 Monroe). yard across every unit to corner street making it perfect to POSSIBLE (BUT NOT CONTINGENT) add a second floor and rear parking... Tenant pays Electric Heat & Gas. Landlord pays water/sewer. Current monthly rental income $8306. Conveniently located, near shopping, highways and public transportation. One floor living offers easy access for tenants.

    Monthly Payment Calculator



    © 2021 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Kay Platinum Real Estate Group | EXP Realty. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Kay Platinum Real Estate Group | EXP Realty are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2021-10-21T23:46:27.347.
    www.kayplatinumgroup.com/homes/120949685
    Print Image

    386 Monroe Passaic City, NJ 07055

    • Price: $1,299,000
    • Status: Active
    • MLS #: 3737627
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    8,320
    SQFT
    $156
    $/SQFT
    1940
    Built
    Neighborhood:
    Residential Multifamily
    County:
    Passaic
    Area:
    Passaic City
    Property Description
    This property is an investor's dream. The property has 8 units-- each with 2 BRs, LR,KIT BATH. It is ranch style with 4 separate residential deeds(386 388 390 394 Monroe). Each deed is for 2 units, 2080 SQ FT. It is ranch style with 4 separate residential deeds(386 388 390 394 Monroe). yard across every unit to corner street making it perfect to POSSIBLE (BUT NOT CONTINGENT) add a second floor and rear parking... Tenant pays Electric Heat & Gas. Landlord pays water/sewer. Current monthly rental income $8306. Conveniently located, near shopping, highways and public transportation. One floor living offers easy access for tenants.
    Exterior Features

    Approximate Lot Size 130X100 Construction See Remarks Exterior Description Brick/Block Location Business DistrictFreestandingResidential Area Number Of Bays 0 Number Of Docks 0 Parking Driveway Description On-Street ParkingSee Remarks Roof Description Asphalt ShingleFlat

    Interior Features

    Basement No Cooling No CoolSee Remarks Equipment Available AppliancesSee Remarks Heating 4+ UnitsSee Remarks Max Ceiling Height 0 Max Door Height 0 Number Of Lavatories 8 Office Sq Ft 0

    Property Features

    Expenses Include TaxesWater/Sewer For Sale Or Lease For Sale Fuel Type ElectricGas-Natural Owner Pays Water Primary Property Type Apartment Complex Prior Use Residential Multifamily Property Type Apartment ComplexSee Remarks Sale Includes Building & Land Sewer Public Sewer Suite Number 0 Tax Amount 37821 Tax Rate Amount 3.731 Tax Rate Year 2020 Tax Year 2021 Tenant Pays Cable T.V.ElectricGasHeat Utilities ElectricGas In Street Utilities Paid By Tenant Water Public Water Zoning Residential

    Listing information © 2021 Garden State Multiple Listing Service,LLC.
    Listing provided courtesy of C-21 Gemini, Llc..


    © 2021 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Kay Platinum Real Estate Group | EXP Realty. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Kay Platinum Real Estate Group | EXP Realty are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2021-10-21T23:46:27.347.
     
    https://bt-photos.global.ssl.fastly.net/gsmls/orig_boomver_1_3737627-2.jpg https://bt-photos.global.ssl.fastly.net/gsmls/orig_boomver_1_3737627-2.jpg https://bt-photos.global.ssl.fastly.net/gsmls/orig_boomver_1_3737627-2.jpg
    Logo
    Kay Platinum Real Estate Group | EXP Realty
    966 Shoppes Blvd
    North Brunswick Township NJ, 08902