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$950,000 Just Listed
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Property Description
Six-unit Investment Property!!! Excellent opportunity to acquire a six-unit multifamily property with strong upside potential. Property is being strictly sold AS-IS, offering investors and value-add buyers the chance renovate, reposition, and create long-term cash flow. Buyer is responsible for obtaining Certificate of Continued Occupancy (C,C,O,), smoke certification, and any inspections or repairs required to close. Ideal for investors looking to expand their portfolio, increase rental income, or execute a renovation strategy in a multifamily asset. Solid Opportunity for those seeking to add value and build equity in a six-unit building. Unit Status Monthly RentAttic Occupied $1,2002nd Floor Rear Occupied (discounted) $1,2002nd Floor Front Vacant (last rented Dec 2025) $1,8001st Floor Occupied $1,800Basement Occupied $1,200Rear Top Occupied $1,100Rear Bottom Vacant (last rented July 2005) $1,00
Full Property Details
Full Property Details for 8 3rd St
General
- Price: $950,000
- Taxes: $13,638 (2025)
- Status: Active
- Type: Apartment
- Source: Garden_State
- MLS ID: 4038897
- Updated: 7/7/2026
- Added to Site: 1 day(s) ago
Business
- Includes: Building & Land
Rooms
Bathrooms
- Total Bathrooms: 6
Additional Information
- Equipment: Appliances, Fire Alarm, Kitchen Area
Parking
- Parking: None, On-Street Parking
Location
- County: Passaic
- Driving Directions: South St to Third St
- Location Details: Residential Area
Heating & Cooling
- Cooling Type: Wall A/C Unit(s)
- Heating Type: Radiators - Hot Water
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Natural Gas
Structural Information
- Construction: Brick/Block
- Exterior Const.: Brick/Block
- Basement: Yes
- Basement Desc.: Finished, Walk-Out
- Roof: Asphalt Shingles
- Stories in Building: 3
- Square Feet: 2,588
- Year Built: 1900
Unit Information
- 1 Bedroom Units: 5
- 2 Bedroom Units: 1
- Units w/Full Bath: 6
Lot Features
- Lot Size (Acres): 0.06
- Lot Size: 25X100
- Zoning: R-3
Financial Considerations
- Assessment Amount: $320,300
- Land Assmt: $49,900
- Tax Amount: $13,638
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: See Remarks
- APN: 2507-01034-0000-00023-0000-
- Block: 1034
- Lot Number: 23
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
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Schools
Schools serving 8 3rd St
School District:Passaic City School District
| Name | Grades | Distance |
|---|---|---|
Etta Gero No 9 Elementary School 140 1st Street, Passaic, NJ 07055 | K-8 | 0.4 mi |
Passaic High School 170 Paulison Avenue, Passaic, NJ 07055 | 9-12 | 0.7 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 8 3rd St
Date
Details
Price
Change
Source
7/07/2026
Listed
$950,000
533.33%
MLS
12/01/2001
Sold
$150,000
—
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 8 3rd St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$13,206
6%
$320,300
—
2022
$12,440
3%
$320,300
—
2021
$12,043
—
$320,300
—
2021
$12,011
4%
$320,300
—
2018
$11,524
3%
$320,300
—
2017
$11,169
4%
$320,300
—
2016
$10,788
-8%
$320,300
—
2019
$11,777
44%
$320,300
196%
2015
$8,202
4%
$108,300
—
2013
$7,920
—
$108,300
—
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 8 3rd St
8 3rd St, Passaic, NJ 07055 (MLS# 4038897) is a Apartment property. 8 3rd St is currently listed for $950,000 and was received on July 07, 2026. This property is listed by The API Real Estate Group from our Maplewood Office.Want to learn more about 8 3rd St? 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.

