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$849,999

  • For Sale
  • Active
  • Apartment
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Discover the possibilities with this oversized lot in a residential neighborhood. The value lies in the potential project perfect for investors, builders, or visionaries looking to create something special. This current two family home is being sold strictly "as-is and will require the necessary approvals for future development. With its generous lot size and residential setting, the opportunities are endless. An added bonus: the seller is willing to offer owner financing, making this a rare chance to bring your project vision to life.

Full Property Details for 247 Hope Ave

General

  • Price: $849,999
  • Taxes: $15,011 (2024)
  • Status: Active
  • Type: Apartment
  • Source: Garden_State
  • MLS ID: 3984362
  • Updated: 9/23/2025
  • Added to Site: 136 day(s) ago

Business

  • Includes: Building & Land, See Remarks

Additional Information

  • Equipment: See Remarks

Parking

  • Parking: See Remarks

Location

  • County: Passaic
  • Driving Directions: Center or Harrison to Hope
  • Location Details: Residential Area

Heating & Cooling

  • Cooling Type: See Remarks
  • Heating Type: See Remarks
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water
  • Utility Description: Electric, Natural Gas, Cable TV Available

Structural Information

  • Construction: See Remarks
  • Exterior Const.: See Remarks
  • Basement: Yes
  • Basement Desc.: Finished
  • Roof: See Remarks
  • Year Built: 2025

Lot Features

  • Lot Size (Acres): 0.22
  • Lot Size: 75X125
  • Zoning: residential

Financial Considerations

  • Assessment Amount: $364,100
  • Land Assmt: $92,000
  • Tax Amount: $15,011
  • Tax Year: 2024
  • Owner Pays: Sewer, Water
  • Tenant Pays: Electric, Gas, Heat

Disclosures and Reports

  • Ownership: Fee Simple
  • Documents Avail.: See Remarks
  • APN: 2507-04098-0000-00027-0000-
  • Block: 4098
  • Lot Number: 27
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.

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— 247 Hope Ave —

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 247 Hope Ave

School District:Passaic City School District
NameGradesDistance
Passaic High School
170 Paulison Avenue, Passaic, NJ 07055
9-121.1 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 247 Hope Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/02/2025
Listed
$849,999
197.2%
MLS
5/25/2016
Sold
$286,000
—
Public Record
Get Price Alerts and Save Property
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 for 247 Hope Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$15,012
6%
$364,100
—
2022
$14,142
3%
$364,100
—
2021
$13,690
2%
$364,100
—
2019
$13,388
2%
$364,100
—
2018
$13,100
3%
$364,100
—
2017
$12,696
4%
$364,100
—
2016
$12,263
2%
$364,100
124%
2015
$12,056
1%
$162,500
—
2013
$11,884
—
$162,500
—
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 for 247 Hope Ave

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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with our affiliated lender
NMLS#: 1598647

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247 Hope Ave, Passaic, NJ 07055 (MLS# 3984362) is a Apartment property. 247 Hope Ave is currently listed for $849,999 and was received on September 02, 2025. This property is listed by Pina Nazario from our Clifton Office.Want to learn more about 247 Hope 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.

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