See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

124 South St, Passaic, NJ, 07055

6beds
2baths
3,363sqft
$450,000
$134price/sqft
$3,763/moest. monthly cost
$150,520/yrincome needed

About This Home

Single Family being sold strictly AS-IS, presenting an excellent opportunity for owner occupants, investors, or builder seeking upside potential. Buyer is responsible for obtaining the Certificate of Continued Occupancy (C.C.O), smoke certifications, and any inspections or repairs required to close. Property is located in a R3 zone, offering potential for future cash flow or alternative use, subject to municipality approvals. Buyer to preform all due diligence regarding zoning, variance, and any required municipal approvals. Idea opportunity to renovate, invest, or explore redevelopment possibilities.

Getting Around

92
WalkingWalker's Paradise
57
TransitGood Transit
57
BikeBikeable

Schools

2/10
2/10
Passaic High SchoolGrades 9-120.7 mi

Construction

Condition

  • Year built: 1930

Materials

  • Roof: Asphalt Shingle
  • Construction materials: Aluminum Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Yes,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Bedrooms,Eat-in Kitchen,Kitchen,Living Room,Master Bedroom,Attic,Eat-In Kitchen

Heating & Cooling

  • Heating features: Radiators - Steam,Natural Gas
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 3,363
  • Total interior livable area: 3,363 sqft

Property

Details

  • Parcel number: 2507010340000000310000

Lot

  • Lot size: 8,300 sqft
  • Lot size dimensions: 33 2-3 x 25

Parking

  • Parking features: None,On Street

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 $2,275$27,300
Home Insurance *$271$3,252
Property Taxes $847$10,164
Electricity $370$4,448
Total$3,763$45,156
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$129,017/yr
40% on housing$112,890/yr
45% on housing$100,346/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

$134This listing

vs Other Active Listings

Avg $/sqft

ZIP 07055$388
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)

Price History

DateEventPrice
2026-07-03Listed for sale$450,000
2003-02-26Sold$57,000

For Sale by Agent

AgentLuis Miranda
BrokerageColdwell Banker Realty

Similar Homes