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89 Burgess Pl

Passaic City, NJ 07055
  • $699,000
  • STATUS: Active
  • ON SITE: 20 Days
  • ID#: 4054994
UPDATED: 31 min ago
$699,000
  • 5
    BEDS
  • 0.07
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1910
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Exceptional turnkey two-family opportunity offering income, flexibility, and a highly convenient location. Fully renovated in 2021, this well-maintained property features a 2-bedroom first-floor residence with generous living and dining areas, plus a 3-bedroom second-floor residence with a full bath. Separate finished basement and attic spaces, each with legal kitchens and bathrooms, add valuable flexibility for extended living, storage, or other permitted uses.With an impressive current rent roll of $6,900 per month, this property is positioned to appeal to investors seeking dependable cash flow as well as owner-occupants looking to reduce monthly housing expenses through rental income. Ideally located near public transportation, schools, parks, restaurants, and daily conveniences. Paved front yard offers low-maintenance appeal and potential future driveway possibilities with municipal approval. A compelling income-producing asset with room to support both lifestyle and long-term wealth building.

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Garden State MLS logo © 2026 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 Daunno Realty Services, LLC. 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 Daunno Realty Services, LLC 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 2026-10-15T06:49:35.967.
www.daunnorealty.com/homes/181521069
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89 Burgess Pl Passaic City, NJ 07055

  • Price: $699,000
  • Status: Active
  • On Site: 20 Days
  • Updated: 31 min ago
  • ID#: 4054994
5
Beds
4
Baths
0
½ Baths
0.07
Acres
1910
Built
County:
Passaic
Area:
Passaic City
Elementary School:
Academy
Middle School:
Academy
High School:
Passaic
Property Description
Exceptional turnkey two-family opportunity offering income, flexibility, and a highly convenient location. Fully renovated in 2021, this well-maintained property features a 2-bedroom first-floor residence with generous living and dining areas, plus a 3-bedroom second-floor residence with a full bath. Separate finished basement and attic spaces, each with legal kitchens and bathrooms, add valuable flexibility for extended living, storage, or other permitted uses.With an impressive current rent roll of $6,900 per month, this property is positioned to appeal to investors seeking dependable cash flow as well as owner-occupants looking to reduce monthly housing expenses through rental income. Ideally located near public transportation, schools, parks, restaurants, and daily conveniences. Paved front yard offers low-maintenance appeal and potential future driveway possibilities with municipal approval. A compelling income-producing asset with room to support both lifestyle and long-term wealth building.
Exterior Features

Approximate Lot Size 25X125 Exterior Description Aluminum Siding Exterior Features Metal FencePool-Above GroundSidewalkStorage Shed Garage Description None Lot Description Irregular Lot Number Of Parking Spaces 0 Parking Driveway Description None Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description FinishedFullWalkout Cooling Window A/C(s) Heating Baseboard - Hotwater Interior Features Carbon Monoxide DetectorFire ExtinguisherHigh CeilingsSmoke DetectorVinyl-Linoleum Floors Total Number Of Rooms 12 Unit1 Appliances Equipment Carbon Monoxide DetectorRange/Oven - GasSmoke Detector Unit1 Baths 1.0 Unit1 Bedrooms 2 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsEat-In KitchenLaundry RoomUtility Room Unit1 Rooms 6 Unit1 Security Deposit 2000 Unit1 Sq Ft 1200 Unit2 Appliances Equipment Carbon Monoxide DetectorRange/Oven - GasSmoke Detector Unit2 Baths 1.0 Unit2 Bedrooms 3 Unit2 Fireplaces 0 Unit2 Levels 1 Unit2 Room Description BedroomsDining RoomKitchenLiving RoomPantry Unit2 Rooms 6 Unit2 Sq Ft 1200

Property Features

Assessment Total 294200 Building Assessment 228600 Easement No Expenses Include Cold WaterInsuranceMaintenanceTaxes Farm Assessment No Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 82800 Home Warranty No Land Assessment 65600 Net Operating Income 64800 Renovated Year 2021 Sewer Public Sewer Tax Amount 12527 Tax Rate Amount 4.258 Tax Rate Year 2026 Tax Year 2025 Total Operating Expense 18000 Unit Style 3-Three Story Unit1 Lease Expiration 2026-10-01 Unit1 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays Gas Unit1 Rent 2000 Unit2 Handicap Modified No Unit2 Lease Expiration 2026-10-01 Unit2 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays Gas Unit2 Rent 2100 Unit2 Security Deposit 2100 Unit3 Handicap Modified No Unit4 Handicap Modified No Utilities Gas-Natural Water Public Water Water Heater Gas Year Built Description Renovated

Listing information © 2026 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of United Real Estate: 973-941-5100.


Garden State MLS logo © 2026 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 Daunno Realty Services, LLC. 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 Daunno Realty Services, LLC 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 2026-10-15T06:49:35.967.
 
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Clark NJ, 07066