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$799,900 Just Listed
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Property Description
Well maintained, Huge 2 family property! In Passaic , Look No Further , Excellent rental income potential, great for owner occupant with tremendous upside to navigate through today's rents. Investor friendly for anyone looking to add to their portfolio, with off street parking. New Roof , and much more This property boasts 3 bedrooms first & second floor, with a finished attic and basement. Equipped with 7 parking spaces. Owner holds R.E License.
Full Property Details
Full Property Details for 302 Sherman St
General
- Price: $799,900
- Taxes: $12,573 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4039750
- Updated: 7/9/2026
- Added to Site: 1 day(s) ago
Interior
- Number of Rooms: 15
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 6
Location
- County: Passaic
- Driving Directions: Google Maps
Heating & Cooling
- Cooling Type: Window A/C(s)
- Heating Type: 2 Units, Baseboard - Hotwater
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Natural Gas
Structural Information
- Architectural Style: 3-Three Story
- Exterior Const.: Aluminum Siding
- Basement: Yes
- Basement Desc.: Finished
- Roof: Asphalt Shingles
- Year Built: 1970
- Remodeled/Updated: 2021
Unit Information
Unit 1
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 2
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room
- Total Bathrooms: 1
- Bedrooms: 3
Unit 3
- Unit Description: Attic, Bedrooms
Lot Features
- Lot Size (Acres): 0.1
- Lot Dimensions: 30 x 140
- Driveway/Sidewalk: Off-Street Parking
Financial Considerations
- Assessment Amount: $224,300
- Land Assmt: $71,000
- Tax Amount: $12,573
- Tax Year: 2025
Disclosures and Reports
- Block: 2175.02
- Lot Number: 78
Listed by Realty One Group Legend
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Schools
Schools serving 302 Sherman St
School District:Passaic City School District
| Name | Grades | Distance |
|---|---|---|
Ulysses S. Grant School No. 7 155 Summer Street, Passaic, NJ 07055 | PK-K | 0.2 mi |
Number 19 Daniel F Ryan 320 Highland Avenue, Passaic, NJ 07055 | 1-8 | 0.3 mi |
Passaic High School 170 Paulison Avenue, Passaic, NJ 07055 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 302 Sherman St
Date
Details
Price
Change
Source
7/09/2026
Listed
$799,900
213.69%
MLS
7/16/2018
Sold
$255,000
—
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 302 Sherman St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$12,574
10%
$295,300
—
2022
$11,469
4%
$295,300
—
2020
$11,018
1%
$295,300
—
2019
$10,858
2%
$295,300
—
2018
$10,625
3%
$295,300
—
2017
$10,297
4%
$295,300
—
2016
$9,946
-9%
$295,300
105%
2015
$10,890
2%
$143,800
—
2014
$10,690
—
$143,800
—
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 302 Sherman St
302 Sherman St, Passaic, NJ 07055 (MLS# 4039750) is a Multi-Family property with 2 units containing 6 bedrooms and 4 full bathrooms. 302 Sherman St is currently listed for $799,900 and was received on July 09, 2026. Want to learn more about 302 Sherman 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.

