GT Luxury Group

247 Hope Avenue, Passaic, NJ, 07055

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$849,999
New Listing

247 Hope Avenue
Passaic, NJ 07055

For Sale|Multi Family|Active
8
Beds
4
Total Baths
4
Full Baths
County:
PASSAIC
Listing courtesy of Pina Nazario of Coldwell Banker, Clifton: (973) 886-6258
Call Now: 973) 791-4092
Is this the listing for you? We can help make it yours.
973) 791-4092
247 Hope Avenue247 Hope Avenue247 Hope Avenue247 Hope Avenue
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Discover the Possibilities on an Oversized Lot. Unlock exceptional potential with this oversized 75 x 125 lot located in a residential neighborhood, featuring a very large two-family home generating approximately $7,000 in gross monthly rental income. Collect strong cash flow while you explore future opportunities - possible subdivision (see attached licensed appraisal for lot 37.5 x 100) or redevelopment - making this an ideal prospect for investors, builders, and visionaries. The existing two-family is being sold strictly as-is and any future development will require the necessary approvals. With its generous lot size and desirable setting, the possibilities are wide-open for those ready to create something special. Bonus: The seller is willing to offer owner financing, adding flexibility and making this a rare opportunity to bring your project vision to life. A unique chance to combine income today with potential for tomorrow don't miss it.

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Listing Snapshot
Price 
$849,999
Days On Site 
0 Days
Bedrooms 
8
Inside Area (SqFt) 
N/A
Total Baths 
4
Full Baths 
4
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
N/A
MLS® Number 
26004967
Status 
Active
Property Tax 
$15,011
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
an hour agoListing updated with changes from the MLS®
2 hours agoListing first seen on site
General Features
Disclosures 
Transaction BrokerSeller Disclosure - Yes
Property Sub Type 
Multi Family
Style 
2 Family
Utilities 
Natural Gas AvailableElectricity ConnectedNatural Gas ConnectedWater Connected
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Listing courtesy of Pina Nazario of Coldwell Banker, Clifton: (973) 886-6258



The data relating to the real estate for sale on this website comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by other brokerage firms are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information is deemed reliable but not guaranteed. Last checked: 2026-02-13 10:23 PM UTC
Source: New Jersey Multiple Listing Service, Inc.

Copyright 2026, New Jersey Multiple Listing Service, Inc.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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