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142 Passaic St, Passaic, NJ, 07055

--beds
--baths
--sqft
$939,900
--price/sqft
$7,281/moest. monthly cost
$291,240/yrincome needed

About This Home

Exceptional Investment Opportunity! Fully Rented income producing This meticulously maintained mixed-use property offers a fantastic combination of 1 commercial space and 4 residential apartments, includess 2 garages with 2 parking spots. making it a versatile investment. The property features four well-appointed 1-bedroom apartments, along with a commercial unit Sep Utilities Gas, Electricity, Heat, Water heater. Enjoy modern comforts with central A/C and forced hot air heating. Conveniently located near Route 21 and just a 10-minute walk to Garfield train station, this property is ideal for both residents and businesses. Don't miss out on this rare find—schedule 24 hrs your appointment.

Getting Around

91
WalkingWalker's Paradise
56
TransitGood Transit
56
BikeBikeable

Schools

2/10
2/10
Passaic High SchoolGrades 9-120.8 mi

Construction

Materials

  • Roof: Asphalt

Type & Style

  • Home type: SingleFamily
  • Property subType: Mixed Use

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Inland Flooding
Cold Wave
Heat Wave
Lightning
Strong Wind
Winter Weather

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,752$57,024
Home Insurance *$566$6,792
Property Taxes $1,770$21,240
Electricity $193$2,318
Total$7,281$87,372
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$249,634/yr
40% on housing$218,430/yr
45% on housing$194,160/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.5%
10.5%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 07055$380
Passaic County$341

vs Homes Sold Last Month

Median $/sqft

ZIP 07055$312
Passaic County$345

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-06-30Listed for sale$939,900
2021-03-03Sold$715,000
2020-10-07Listing removed$729,000
2020-07-14Listed for sale$729,000

For Sale by Agent

AgentJohnny Rojas
BrokerageCentury 21 JR Gold Team Realty, LLC

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