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373 Oak St, Passaic, NJ, 07055

3beds
2.1baths
1,500sqft
$599,000
$399price/sqft
$4,710/moest. monthly cost
$188,400/yrincome needed

About This Home

Excellent two-family opportunity in Passaic NJ. The first unit features 2 bedrooms, 1.5 bathrooms, and access to a partially finished basement. The second unit has been recently renovated and offers 1 bedroom and 1 full bathroom with modern finishes and a finished attic.The property also includes a spacious backyard and a driveway with parking for 2-3 vehicles. Conveniently located near shopping, public transportation, restaurants, parks, and major highways. Unit 2 is vacant- Easy to show Until 1 needs 24 hour notice- Time availability is Mon-Friday 4-6pm Sat- Sun are more flexible. Tenant will give access. The GSMLS lock box in hanging on the fence to the left as soon as to open the fence door.

Getting Around

85
WalkingVery Walkable
55
TransitGood Transit
50
BikeBikeable

Schools

Construction

Condition

  • Year built: 1930

Materials

  • Roof: Asphalt Shingle
  • Construction materials: Vinyl Siding

Notable Dates

  • Major remodel year: 2021

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Yes,Partially Finished

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2.1
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • Bedrooms,Eat-in Kitchen,Living Room,See Remarks,Attic,Eat-In Kitchen

Heating & Cooling

  • Heating features: 2 Units,Baseboard - Hotwater,Natural Gas
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 1,500
  • Total interior livable area: 1,500 sqft

Property

Details

  • Parcel number: 2507021700000000430000
  • Exclusions: 1st fl refrigerator

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 2,613 sqft
  • Lot size dimensions: 25 x 110

Parking

  • Total spaces: 3
  • Parking features: 1 Car Width
  • Uncovered spaces: 3

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

  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Strong Wind
Winter Weather
Cold Wave
Heat Wave
Lightning

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 $3,028$36,336
Home Insurance *$361$4,332
Property Taxes $1,128$13,536
Electricity $193$2,318
Total$4,710$56,520
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$161,485/yr
40% on housing$141,300/yr
45% on housing$125,600/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

$399This listing

vs Other Active Listings

Avg $/sqft

ZIP 07055$384
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
2026-07-28Listed for sale$599,000
2025-08-14Sold$550,000
2025-04-03Listing removed$549,000
2025-03-12Listed for sale$549,000
2023-10-02Sold$465,000
2023-05-15Pending sale$469,000
2023-05-05Price change$469,000
2023-04-11Listed for sale$489,000
2016-01-29Listing removed$359,000
2015-12-06Price change$359,000
2015-09-24Price change$299,000
2015-08-08Price change$375,000
2015-07-03Listed for sale$395,000
2008-05-22Sold$270,000
2007-11-27Sold$165,000

For Sale by Agent

AgentMayrening M. Reyes
BrokerageKeller Williams - Nj Metro Group

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