89 Burgess Pl
Passaic City, NJ 07055
Price: $749,000
GSMLS: 4031735Type: Multi-Family
Style: 3-Three Story, See Remarks
Total Units: 2
Beds: 8
Baths: 4 Full
Garage: No
Year Built: 1910
Acres: 0.07
Property Tax: $12,527
Description
Welcome to this beautifully renovated two family property, completely updated from top to bottom in 2021 and designed for strong, reliable rental income. The first floor features 2 bedrooms, a spacious living room, and a dedicated dining area. The second floor mirrors the layout with an added 3rd bedroom and 1 full bath. This home also includes separate basement and attic spaces, each equipped with legal bathrooms and kitchens, offering even more flexibility and value. With a total rent roll of $6,900/month, this property delivers impressive cash flow, making it an exceptional opportunity for both new and seasoned investors. A paved front yard keeps maintenance low and provides the potential for a future driveway with proper town approvals. Whether you're expanding your portfolio or looking for a turnkey investment, this property checks every box.
General Info
Style:
3-Three Story, See Remarks
SqFt Building:
n/a
Total Rooms:
8
Basement:
Yes - Finished, Full, Walkout
Interior:
n/a
Roof:
Asphalt Shingle
Exterior:
Aluminum Siding
Lot Size:
25X125
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
n/a
Parking:
None
Spaces Available:
n/a
Unit 1
Bedrooms:
2
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Dining Room, Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Range/Oven - Gas
Utilities:
Owner Pays Water
Handicap:
No
Unit 2
Bedrooms:
3
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Eat-In Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Range/Oven - Gas
Utilities:
Owner Pays Water
Handicap:
No
Unit 3
Bedrooms:
1
Bathrooms:
1
Total Rooms:
2
Room Description:
Bedrooms, Kitchen
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Range/Oven - Gas
Utilities:
Owner Pays Water
Handicap:
n/a
Unit 4
Bedrooms:
2
Bathrooms:
1
Total Rooms:
2
Room Description:
Bedrooms, Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Range/Oven - Gas
Utilities:
Owner Pays Water
Handicap:
n/a
Utilities
Heating:
Baseboard - Hotwater
Heating Fuel:
Gas-Natural
Cooling:
Window A/C(s)
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Gas-Natural
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Passaic
Town:
Passaic City
Neighborhood:
n/a
Financial Considerations
List Price:
$749,000
Tax Amount:
$12,527
Land Assessment:
$65,600
Build. Assessment:
$228,600
Total Assessment:
$294,200
Tax Rate:
4.26
Tax Year:
2025
Listing Information
MLS ID:
4031735
List Date:
06-02-2026
Days On Market:
5
Listing Broker:
KELLER WILLIAMS PROSPERITY REALTY
Listing Agent:
Vanessa Robles
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: MorrisCountyLiving.com
