$1,599,000
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284 Summer St, Passaic City, NJ 07055

7 Beds
3 Baths
19,998 Sq Ft

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!!

  • MLS# 3999758
  • Date Listed12/01/2025
  • Days on Realty 7 Days
  • Bedrooms 7
  • Bathrooms 3 Full baths
  • Lot Size 0.21 acres (9,148 sq. ft)
  • Sewer Public Sewer
  • Property Type Multi Family
  • County Passaic
  • Year Built 1930
  • Water Public
  • Square Feet 19,998 sq. ft
  • Price Per Sq. Ft $79.96

Interior Features

  • Flooring Marble
  • Cooling Central Air
  • Heating Baseboard, Natural Gas

Exterior / Lot Features

  • Exterior Gazebo
  • Roof Asphalt
  • Lot Size Acres 0.21
  • Lot Size SQFT 9,147.60
  • Lot Features Level

Financial Considerations

  • Tax Amount $12,661
  • Terms Cash, Conventional, FHA, VA Loan

Nearby Schools

Source: School Digger

Sales & Tax History

Source: Public Records

Population & Environment

Source: Sperling's Best Places

Walkability in NJ / 07055

Source: Walkscore

84/100

Very Walkable

Walk Score ®

52/100

Good Transit

Transit Score ®

47/100

Bikable

Bike Score ®

Overview

Most errands can be accomplished on foot. Many nearby public transportation options. Minimal bike infrastructure.

Transit Summary

13 nearby routes: 11 bus, 2 rail, 0 other


Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 64/100, Transit Score: 32/100, Bike Score: 41/100.

Points of Interest near 284 Summer St, Passaic City, NJ 07055

Frequently Asked Questions for 284 Summer St

Source: Realty.com

284 Summer St, Passaic City, NJ 07055 is a Multi Family, Residential Income property listed for $1,599,000 The property is 19998 sq. ft with 7 bedrooms and 3 bathrooms

Realty.com has 39 photos of 284 Summer St.

Our records indicate that 284 Summer St was built in 1930.

The full address for this home is 284 Summer St, Passaic City, NJ 07055.

284 Summer St has been listed on Realty.com since Mon December 01, 2025

Most errands can be accomplished on foot. Many nearby public transportation options. Minimal bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 64/100, Transit Score: 32/100, Bike Score: 41/100.

There are 3 schools assigned to this home. Check out the schools near 284 Summer St. Number 7 Ulysses S Grant School (Grades: PK - 1), Passaic Preparatory Academy (Grades: 6 - 12), Hope Academy (Grades: 9 - 12)

Listing provided courtesy of: Weichert Realtors (tel: 973-779-1900)
Listing agent: Ishali Narula (#408345)

This content last refreshed on 2025-12-08 12:52:12. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 284 Summer St, Passaic City, NJ 07055 : MLS# 3999758