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488 Paulison Ave

Passaic City, NJ 07055
  • $779,000
  • STATUS: Active
  • ON SITE: 44 Days
  • MLS #: 3937073
UPDATED: 57 min ago
$779,000
  • 4
    BEDS
  • 0.11
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1950
County:
Area:

School Ratings & Info

Description

Fantastic opportunity: Fully Occupied Duplex (Side-by-Side). This beautifully rehabbed 2-family duplex offers modern living and is fully occupied, making it a great income-generating property. Recently renovated in 2020, the home features:New Roof for added peace of mind,New Eat-In Kitchens with updated appliances and finishes. Spacious Living Rooms providing ample space for relaxation and entertainment. Fully Renovated Bathrooms with modern fixtures, Laundry Area for convenience in each unit,Separate Driveways with space for up to 5 cars. Private, Fenced-In Backyard with metal fencing, perfect for outdoor activities and privacy. Conveniently located near major highways (Routes 21, 46, 3, 80, 17), public transportation, shopping, restaurants, schools, and a hospital -this property offers both comfort and convenience for its tenants.Whether you're an investor or looking for a home with rental income potential, this is a property you don't want to miss!

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Garden State MLS logo © 2025 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 Team Gio | RE/MAX Central. 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 Team Gio | RE/MAX Central 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 2025-01-19T09:46:14.297.
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488 Paulison Ave Passaic City, NJ 07055

  • Price: $779,000
  • Status: Active
  • On Site: 44 Days
  • Updated: 57 min ago
  • MLS #: 3937073
4
Beds
2
Baths
0
½ Baths
0.11
Acres
1950
Built
County:
Passaic
Area:
Passaic City
Property Description
Fantastic opportunity: Fully Occupied Duplex (Side-by-Side). This beautifully rehabbed 2-family duplex offers modern living and is fully occupied, making it a great income-generating property. Recently renovated in 2020, the home features:New Roof for added peace of mind,New Eat-In Kitchens with updated appliances and finishes. Spacious Living Rooms providing ample space for relaxation and entertainment. Fully Renovated Bathrooms with modern fixtures, Laundry Area for convenience in each unit,Separate Driveways with space for up to 5 cars. Private, Fenced-In Backyard with metal fencing, perfect for outdoor activities and privacy. Conveniently located near major highways (Routes 21, 46, 3, 80, 17), public transportation, shopping, restaurants, schools, and a hospital -this property offers both comfort and convenience for its tenants.Whether you're an investor or looking for a home with rental income potential, this is a property you don't want to miss!
Exterior Features

Approximate Lot Size 50X100 Exterior Description BrickVinyl Siding Exterior Features Metal FenceOpen Porch(es)Sidewalk Lot Description Level Lot Number Of Parking Spaces 5 Parking Driveway Description 1 Car WidthBlacktop Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description Bilco-Style DoorPartial Cooling 2 Units Heating 2 UnitsRadiators - Hot Water Interior Features Carbon Monoxide DetectorFire ExtinguisherSmoke DetectorTile Floors Total Number Of Rooms 8 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 AtticBedroomsEat-In KitchenLaundry RoomLiving RoomMaster Bedroom Unit1 Rooms 4 Unit1 Security Deposit 1300 Unit1 Sq Ft 887 Unit2 Appliances Equipment Carbon Monoxide DetectorRange/Oven - GasSmoke Detector Unit2 Baths 1.0 Unit2 Bedrooms 2 Unit2 Fireplaces 0 Unit2 Levels 1 Unit2 Room Description BedroomsEat-In KitchenLaundry RoomLiving RoomMaster Bedroom Unit2 Rooms 4 Unit2 Sq Ft 887

Property Features

Assessment Total 214300 Building Assessment 146600 Easement Unknown Exclusions Personal belongings Expenses Include InsuranceTaxes Farm Assessment No Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 33600 Home Warranty No Land Assessment 67700 Net Operating Income 23000 Renovated Year 2020 Services Cable TV Available Sewer Public Sewer Tax Amount 8580 Tax Rate Amount 4.004 Tax Rate Year 2023 Tax Year 2023 Total Operating Expense 10600 Unit Style Duplex-Side by Side Unit1 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays HeatTenant Pays Water Unit1 Rent 1300 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays HeatTenant Pays Water Unit2 Rent 1500 Unit2 Security Deposit 1500 Utilities ElectricGas-Natural Water Public Water Water Heater Gas Year Built Description Renovated

Listing information © 2025 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of COLDWELL BANKER REALTY: 973-626-8138.


Garden State MLS logo © 2025 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 Team Gio | RE/MAX Central. 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 Team Gio | RE/MAX Central 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 2025-01-19T09:46:14.297.
 
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