Exceptional turnkey two-family opportunity offering income, flexibility, and a highly convenient location. Fully renovated in 2021, this well-maintained property features a 2-bedroom first-floor residence with generous living and dining areas, plus a 3-bedroom second-floor residence with a full bath. Separate finished basement and attic spaces, each with legal kitchens and bathrooms, add valuable flexibility for extended living, storage, or other permitted uses.
With an impressive current rent roll of $6,900 per month, this property is positioned to appeal to investors seeking dependable cash flow as well as owner-occupants looking to reduce monthly housing expenses through rental income. Ideally located near public transportation, schools, parks, restaurants, and daily conveniences. Paved front yard offers low-maintenance appeal and potential future driveway possibilities with municipal approval. A compelling income-producing asset with room to support both lifestyle and long-term wealth building.
For sale
$699,000
89 Burgess Pl, Passaic, NJ 07055
5beds
--sqft
Multi Family
Built in ----
-- sqft lot
$724,000 Zestimate®
$--/sqft
$-- HOA
What's special
- 17 days
- 553
- 47
Zillow last checked:
Listing updated:
Listed by:
BORIS A SAHARIG 973-941-5100,
UNITED REAL ESTATE OF NORTH JERSEY 888-501-6953
Source: HCMLS,MLS#: 260019393
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Baseboard, Hot Water
Cooling
- Window Unit(s)
Features
- Basement: Finished,Full
Property
Parking
- Parking features: None
Details
- Parcel number: 070410300000100034
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Multi Level
- Property subtype: Multi Family
Materials
- Aluminum Siding
Community & HOA
Location
- Region: Passaic
Financial & listing details
- Tax assessed value: $294,200
- Annual tax amount: $12,527
- Date on market: 9/25/2026
Estimated market value
$724,000
$688,000 - $760,000
$2,732/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/24/2026 | Listed for sale | $699,000-6.7% |
Source: | ||
| 6/11/2026 | Listing removed | $749,000 |
Source: | ||
| 6/2/2026 | Listed for sale | $749,000+96.3% |
Source: | ||
| 6/21/2021 | Sold | $381,500+9% |
Source: Public Record Report a problem | ||
| 10/30/2008 | Sold | $350,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $294,200 |
| 2023 | $11,780 +3.9% | $294,200 |
| 2022 | $11,333 +2.4% | $294,200 |
| 2021 | $11,062 +2.3% | $294,200 |
| 2020 | $10,818 +2.2% | $294,200 |
| 2019 | $10,585 +3.2% | $294,200 |
| 2018 | $10,259 +3.5% | $294,200 |
| 2017 | $9,909 +45.5% | $294,200 |
| 2016 | $6,808 +1.9% | $294,200 +227.3% |
| 2015 | $6,683 +7.9% | $89,900 |
| 2012 | $6,195 +0.6% | $89,900 |
| 2011 | $6,155 +12.2% | $89,900 |
| 2010 | $5,487 | $89,900 |
| 2009 | -- | $89,900 |
Find assessor info on the county website
Monthly payment
Est. payment





