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$999,999 Just Listed
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Property Description
Exceptional opportunity to own a fully occupied 5-unit multifamily property in the heart of Passaic, offering immediate rental income and outstanding long-term investment potential. Each move-in ready unit features a living room, dining room, kitchen, 3 bedrooms, 1 full bath, a partially finished basement, and access to a private yard. Tenants pay their own utilities, helping to minimize owner expenses. Whether you're an owner-occupant looking to offset your mortgage with rental income or an investor seeking a strong cash-flowing asset, this property offers exceptional value and versatility. Conveniently located near major highways, public transportation, shopping, dining, schools, and other everyday amenities, providing excellent accessibility and strong tenant appeal. Property is being sold strictly AS-IS
Full Property Details
Full Property Details for 149 Howe Ave
General
- Price: $999,999
- Taxes: $13,838 (2025)
- Status: Active
- Type: Apartment
- Source: Garden_State
- MLS ID: 4042216
- Updated: 7/21/2026
- Added to Site: 1 day(s) ago
Business
- Includes: Building & Land
Rental Information
- Lease Includes: See Remarks
- Lease Terms: Month-To-Month
Interior
- Flooring: Wood
Rooms
Bathrooms
- Total Bathrooms: 5
- Restrooms: 5
Additional Information
- Equipment: Appliances, See Remarks, Smoke Detector
Exterior
- Color: Red
Parking
- Parking: None, On-Street Parking
Location
- County: Passaic
- Driving Directions: GPS to 149 Howe Ave., Passaic, NJ 07055. Corner of Howe Ave. & Paulison Ave. Easy access from Rt. 21, Rt. 3, I-80, and the Garden State Parkway.
- Location Details: Residential Area, See Remarks
Heating & Cooling
- Cooling Type: Window A/C(s)
- Heating Type: 4+ Units, See Remarks
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Natural Gas
Structural Information
- Construction: See Remarks
- Exterior Const.: Brick/Block
- Basement: Yes
- Basement Desc.: Finished-Partially, Walk-Out
- Roof: Asphalt Shingles
- Ceiling Height: 9999
- Door Dimensions: 9999
- Stories in Building: 2
- Square Feet: 6,786
- Aprox. Leasable: 6,786 Sq. Ft.
- Office: 9,999 Sq. Ft.
- Year Built: 1930
Unit Information
- 1 Bedroom Units: 3
- 2 Bedroom Units: 3
- 3 Bedroom Units: 3
- Units w/Full Bath: 5
Lot Features
- Lot Size (Acres): 0.13
- Lot Size: 80X73
- Zoning: R-3
Financial Considerations
- Price Per Sq. Ft.: $147
- Expenses: Maintenance - Exterior, Taxes
- Assessment Amount: $325,000
- Land Assmt: $74,500
- Tax Amount: $13,838
- Tax Year: 2025
- Owner Pays: Repairs
- Tenant Pays: Electric, Gas, See Remarks, Water
- Pays Utilities: Tenant
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: See Remarks
- APN: 2507-02201-0000-00028-0000-
- Block: 2201
- Lot Number: 28
Listed by Keller Williams Metropolitan
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Price & Sales History for 149 Howe Ave
Date
Details
Price
Change
Source
7/21/2026
Listed
$999,999
—
MLS
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 149 Howe Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$13,839
10%
$325,000
—
2022
$12,623
3%
$325,000
—
2021
$12,220
2%
$325,000
—
2019
$11,950
2%
$325,000
—
2018
$11,694
-4%
$325,000
-7%
2017
$12,204
4%
$350,000
—
2016
$11,788
6%
$350,000
138%
2015
$11,155
-19%
$147,300
-21%
2013
$13,697
—
$187,300
—
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 149 Howe Ave
149 Howe Ave, Passaic, NJ 07055 (MLS# 4042216) is a Apartment property. 149 Howe Ave is currently listed for $999,999 and was received on July 21, 2026. Want to learn more about 149 Howe Ave? Do you have questions about finding other Apartment real estate for sale in Passaic? You can browse all Passaic real estate or contact a Coldwell Banker agent to request more information.

