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$724,999
Property Description
Situated in Garfield'€™s redeveloped and sought-after '€œRestaurant Row'€ district, 56 Passaic St. is a fully leased two-unit residential property featuring 2 two bedroom units and has potential for commercial conversion usage. Endless developer potential. This property includes 3 parking spots in the rear and is just one block from the train station and offers easy access to the Parkway, Route 46, and Route 80. This is a rare opportunity to acquire an income-generating asset in a high-demand area. Property is located in an opportunity zone and is sold as-is. The owner holds a New Jersey Real Estate License.
Full Property Details
Full Property Details for 56 Passaic St
General
- Price: $724,999
- Taxes: $7,488
- Status: Active
- Type: Duplex
- Source: NJMLS
- MLS ID: 25037390
- Updated: 10/19/2025
- Added to Site: 89 day(s) ago
Interior
- Number of Rooms: 12
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Basement
Location
- Area: Garfield
- County: BERGEN
Utilities
- Utility Description: Sep Elec, Sep Gas, Sep Water
Structural Information
- Architectural Style: 2 Family
Financial Considerations
- For Sale: Yes
- For Sale/Rent/Lease: For Sale
- Tax Amount: $7,488
Listed by Keller Williams City Life Realty (201) 659-8600, Nadiyah Hall (732) 682-7760
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Schools
Schools serving 56 Passaic St
School District:Garfield City School District
| Name | Grades | Distance |
|---|---|---|
Garfield High School 500 Palisade Avenue, Garfield, NJ 07026 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 56 Passaic St
Date
Details
Price
Change
Source
10/19/2025
Listed
$724,999
62.92%
MLS
10/30/2023
Sold
$445,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 56 Passaic St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,488
7%
$224,400
—
2022
$6,999
11%
$224,400
—
2021
$6,306
-1%
$224,400
—
2018
$6,375
2%
$224,400
—
2017
$6,263
3%
$224,400
—
2016
$6,077
3%
$224,400
—
2015
$5,926
-9%
$224,400
—
2019
$6,521
13%
$224,400
—
2014
$5,769
2%
$224,400
—
2013
$5,659
—
$224,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 56 Passaic St
56 Passaic Street, Garfield, NJ 07026 (MLS# 25037390) is a Duplex property with 4 bedrooms and 2 full bathrooms. 56 Passaic Street is currently listed for $724,999 and was received on October 19, 2025. Want to learn more about 56 Passaic Street? Do you have questions about finding other Duplex real estate for sale in Garfield? You can browse all Garfield real estate or contact a Coldwell Banker agent to request more information.
