Property
Passaic City, NJ 07055 976 Main Ave
$949,999
20 more
Presented By: WEICHERT REALTORS; 646-294-2931
Full/Half Baths • 0 / 4- SQFT • 3,223
Full/Half Baths • 0 / 4
SQFT • 3,223Home Details
Excellent turn-key mixed-use investment opportunity ideal for first-time homebuyers or seasoned investors! This nearly fully renovated property features four income-producing units plus additional billboard income. The first floor includes approximately 1,100 sq. ft. of office space with multiple rooms and amenities, along with a renovated studio apartment. The second floor offers a modern one-bedroom apartment and a spacious two-bedroom apartment. Conveniently located on Main Avenue near shops, restaurants, and transportation, the property also includes an unused rear lot with potential for extension or parking, perfect for living, working, and investing all under one roof.
Presented By: WEICHERT REALTORS; 646-294-2931
Interior Features for 976 Main Ave
Bathrooms
Num Units w/Full Bath3
Num Units w/Half Bath1
Half Baths4
Other Interior Features
Price Per Sq Ft0.00
Available Sq Ft3223
Num 2 Bdrm Units1
Num 1 Bdrm Units2
BasementFull, Unfinished
FlooringLaminate, Tile, Wood
Fuel TypeGas-Natural
Total Stories2
General for 976 Main Ave
Cap Rate7.00
ConstructionBrick/Block
CoolingWindow A/C(s)
CountyPassaic
DirectionsMAIN AVE NEAR HIGHLAND AVE - CLIFTON BORDER
Documents AvailableLeases, See Remarks
DriveOn-Street Parking
EasementNo
Equipment AvailableAppliances, Fire Alarm, Kitchen Area, Restrooms - Private, Restrooms - Public, Sign - Building, Smoke Detector
Gross Income77700
Heating4+ Units
Leasable Area1100
Lease InformationMonth-To-Month
LocationBusiness District
Net Operating Income65444
Num Apts3
Number Of Units Total4
Operating Expense12256
OwnerPaysHot Water, Maintenance-Common Area, Repairs, Snow Removal, Water
OwnershipFee Simple
Permitted UseMixed Use, Comercial Office
PossessionImmediately
Prior UseRestaurant/Bar
Property TypeOffice/Apartments
Property TypeOffcApts
RoofFlat
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount7800
Tax Assessed Value189200
Tax Lot24
Tax Year2024
Tenant PaysElectric, Gas, Heat
Town #2507
TownshipPassaic City
UtilitiesAll Underground
Year Built1947
ZoningComercial
Exterior for 976 Main Ave
Building Area Total3223
Exterior DescriptionBrick/Block
Lot Dimensions31X104
Lot Size Acres0.07
Max Ceiling Height0
Max Door Height0
Number of Bays0
Number of Docks0
Water SourcePublic Water
Additional Details
Price History
Tina Torres
Broker/Owner