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$1,599,000

  • For Sale
  • Active
  • Multi-Family
  • 7 Total Beds
  • 7 Car Garage
See This Home
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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!!

Full Property Details for 284 Summer St

General

  • Price: $1,599,000
  • Taxes: $12,661 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: Garden_State
  • MLS ID: 3999758
  • Updated: 12/3/2025
  • Added to Site: 46 day(s) ago

Interior

  • Number of Rooms: 12
  • Interior Features: Bar-Dry, Carbon Monoxide Detector, Chandelier, High Ceilings, Marble Floors, Walk-In Closet

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 7

Exterior

  • Exterior Features: Deck, Gazebo, MetalFnc, FencPriv

Parking

  • Garage: Yes
  • Garage Spaces: 7
  • Garage Description: Oversize Garage

Location

  • County: Passaic
  • Driving Directions: Paulison Ave to Summer Street

Heating & Cooling

  • Cooling Type: 1 Unit, Central Air Conditioning, Window A/C(s)
  • Heating Type: 2 Units, Baseboard - Hotwater
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water
  • Utility Description: Electric, Natural Gas

Structural Information

  • Architectural Style: 2-Two Story
  • Exterior Const.: Vinyl Siding
  • Basement: Yes
  • Basement Desc.: Finished, Full
  • Roof: Asphalt Shingles
  • Year Built: 1930
  • Remodeled/Updated: 2024

Unit Information

Unit 1

  • Unit Description: Bedrooms, Dining Room, Eat-In Kitchen, Family Room, Laundry Room, Living Room
  • Square Feet: 9999
  • Levels/Stories: 2
  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 2

  • Unit Description: Attic, Bedrooms, Eat-In Kitchen, Family Room, Living Room, Porch
  • Square Feet: 9999
  • Levels/Stories: 2
  • Total Bathrooms: 1
  • Bedrooms: 3

Lot Features

  • Lot Size (Acres): 0.21
  • Lot Dimensions: 50 x 187
  • Driveway/Sidewalk: Concrete Strip
  • Lot Description: Level Lot

Financial Considerations

  • Expenses: Cold Water, Taxes
  • Operating Expenses: $18,900
  • Assessment Amount: $210,300
  • Land Assmt: $96,800
  • Tax Amount: $12,661
  • Tax Year: 2024

Disclosures and Reports

  • Disclosures: Yes
  • Block: 2190
  • Lot Number: 20

Listed by Weichert Realtors

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Listing agent

— 284 Summer St —

  • Weichert Realtors

862-324-2423

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 284 Summer St

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 284 Summer St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/01/2025
Listed
$1,599,000
931.61%
MLS
7/03/2000
Sold
$155,000
—
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 284 Summer St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$12,662
6%
$307,100
—
2022
$11,928
—
$307,100
—
2022
$11,927
3%
$307,100
—
2021
$11,547
5%
$307,100
—
2018
$11,049
3%
$307,100
—
2017
$10,709
4%
$307,100
—
2016
$10,343
-8%
$307,100
—
2019
$11,292
-3%
$307,100
100%
2015
$11,640
4%
$153,700
—
2013
$11,240
—
$153,700
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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

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Listed by Weichert Realtors

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284 Summer St, Passaic, NJ 07055 (MLS# 3999758) is a Multi-Family property with 2 units containing 7 bedrooms and 3 full bathrooms. 284 Summer St is currently listed for $1,599,000 and was received on December 01, 2025. Want to learn more about 284 Summer St? Do you have questions about finding other Multi-Family 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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