New
$699,000
5 bd · 4 ba ·
89 Burgess Pl, Passaic, NJ 07055
Multi-family ·
$4,597/mo est. payment
Flood factor 1/10
About this home
Exceptional turnkey two-family opportunity offering income, flexibility, and a highly convenient location. Fully renovated in 2021, this well-maintained property features a 2-bedroom first-floor residence with generous living and dining areas, plus a 3-bedroom second-floor residence with a full bath. Separate finished basement and attic spaces, each with legal full bathrooms, add valuable flexibility for storage, or other permitted uses. This property is positioned to appeal to investors seeking dependable cash flow as well as owner-occupants looking to reduce monthly housing expenses through rental income. Ideally located near public transportation, schools, parks, restaurants, and daily conveniences. Paved front yard offers low-maintenance appeal and potential future driveway possibilities with municipal approval. A compelling income-producing asset with room to support both lifestyle and long-term wealth building.
Facts and features
Bedrooms
- Bedrooms: 5
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
- Full Bathrooms On Basement Level: 1
- Full Bathrooms On Level 1: 1
- Full Bathrooms On Level 2: 1
- Full Bathrooms On Level 3: 1
Heating and Cooling
- A/c window,baseboard,hot water
Other Rooms
- Living Room On Level 1: 1
- Living Room On Level 2: 1
- Basement Description: Finished,Full
Kitchen and Dining
- Dining Room On Level 1: 1
- Kitchen On Level 1: 1
- Kitchen On Level 2: 1
Land Info
- Lot Size Dimensions: 25x125
Other Property Info
- Annual Tax Amount: 12527
- Source Listing Status: Active
- County: Passaic
- Directions: MAIN AVENUE TO BURGESS PLACE
- Tax Year: 2025
- Source Property Type: 2 Family
- Area: Passaic
- Source Neighborhood: Passaic
Building and Construction
- Building Exterior Type: Aluminum/Vinyl
- House Style: Multi-Level
Schools
- 2
Passaic High School
high · 9-12 · 1.0 mi
- 4
Number 19 Daniel F Ryan
elementary · 1-8 · 0.1 mi
St. Nicholas Ukrainian School
elementary · K-8 · 0.3 mi
Ulysses S. Grant School No. 7
elementary · K · 0.2 mi
St Nicholas Ukrainian Catholic School
elementary · K-8 · 0.3 mi
Hope Academy
middle · 6-12 · 0.3 mi
Price history
- Sep 25, 2026 · Listed$699,000
- Sep 24, 2026 · Listed$699,000
- Sep 24, 2026 · Listed$699,000
- Jun 11, 2026 · Listing Removed—
- Jun 2, 2026 · Listed$749,000
- Nov 1, 2023 · Listing Removed—
- Oct 24, 2023 · Price Changed For Rent$2,000
- Oct 23, 2023 · Price Changed For Rent$2,200
Tax history
- 2025$12,527 tax · $294,200 assessed
- 2024$12,129 tax · $294,200 assessed
- 2023$11,779 tax · $294,200 assessed
- 2022$11,426 tax · $294,200 assessed
- 2021$11,061 tax · $294,200 assessed
- 2020$10,976 tax · $294,200 assessed
- 2019$10,817 tax · $294,200 assessed
- 2018$10,585 tax · $294,200 assessed
Home value
$692,000
- Collateral Analytics$692,000
- Quantarium$686,664
- Cotality$705,200
Where it is
Listed by Boris Saharig · UNITED REAL ESTATE · HudsonCounty
