$10,000 Closing Credit¹
#25003185, Luis H. Perez, Listing Office: Gold Team Realty
$650,000 List price
367 Monroe St Passaic City, NJ 07055
$7,719
Closing credit¹
11 beds
3 full
0.06 acres
Multi-Family
Property details
About 367 Monroe St
A versatile multi-family property featuring two spacious family units and a large third-level unit with tons of potential for additional living space or storage. Each unit includes 4 bedrooms, 1 bathroom, a kitchen with pantry, and a living room. The property boasts a large unfinished basement, a fenced backyard accessible from all units, and street parking. Utilities include separate electrical panels, two natural gas furnaces, and two water heaters, with common area electricity and water billed to the owner. Current rental income is $1,750 for Unit #1 and $1,650 for Unit #2, with the third unit previously rented for $1,200. Tenants have a lease just renewed in January 2025 and are aware of the listing currently for sale. The property passed lead inspections in January 2025, House is being sold "AS IS" Condition and is conveniently located near public transportation, shopping, restaurants, and schools. Don't miss this opportunity for great rental potential in a prime location!
Highlights
Home typeMulti Family
HeatingOther, Natural Gas
StatusActive
CoolingOther
BasementYes
Lot size0.06 Acres
Year built1900
ParkingSee Remarks, See Remarks
MLS #3949944
Summary
- MLS Number: 3949944
- Office Name: REAL
- Office Phone: (973) 652-2316
Information deemed reliable but not guaranteed. Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.
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Last updated on: 3/17/2025, 1:55:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$650,000
367 Monroe St
$7,719
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
5
School #17
Public District PK-5
0.7 mi
•361 Lexington Ave
4
Ellen Ochoa School No. 22
Public District 4-6
0.8 mi
•4
School #15
Public District PK-5
0.9 mi
•700 Gregory Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $36,957. The majority of Passaic City, NJ residents have income less than $<35k annually. Most families are married, with kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
49%
<35k
42%
35k-100k
7%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
22%
Single, No Kids
32%
Single, with Kids
9%
Married, No Kids
37%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
24%
<11 yrs old
9%
12-17 yrs old
34%
18-34 yrs old
29%
35-64 yrs old
4%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Major League Soccer (MLS)
Where do the neighbors shop?
Ross Dress For Less
Foot Locker
Burlington
Where do the neighbors go to eat?
Jack In The Box
Little Caesars
White Castle
What do the neighbors drive?
Nissan
Dodge
Kia
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
Similar homes for sale
This home is located at 367 Monroe St in Passaic City, NJ and zip code 07055. Features: 11 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 12, 2025 and is currently priced at $650,000.
In February 2025 in Passaic City, NJ there were 18.8% more homes for sale than in January. Listings spent 101 days on the market in February 2025, and had a median list price of $549,947 during the same period.
From Rocket Homes Real Estate and based on county public records data.