$575,000

56 Federal St Passaic City, NJ 07055

$6,828
Closing credit¹
6 beds
2 full
0.02 acres
Multi-Family

Property details

About 56 Federal St

LOCATION, LOCATION, LOCATION!!!! Attention Investors: Don't miss the opportunity to acquire a cash-flowing multi-unit property in a highly sought-after area in Passaic, NJ. Located just one block from Main Street, this property offers convenient access to NYC transportation. Each unit features 3 bedrooms, 1 bathroom, living/dining area and kitchen. The property is being sold "AS IS"

Highlights

Home typeMulti Family
HeatingMulti Unit(s), Natural Gas
StatusActive
CoolingMulti Unit(s)
BasementYes
Lot size0.02 Acres
Year built1930
MLS #3962785

Summary

  • Full Bathrooms: 2
  • Appliances: Refrigerator
  • Basement: Yes
  • Total Bedroom Count: 6
  • Parking: None
  • Architectural Style: 2-Two Story
  • Heating: Multi Unit(s), Natural Gas
  • Cooling: Multi Unit(s)
  • List Price: $575,000
  • Directions: Between Highland Ave and Sheridan Ave
  • Year Built: 1930
  • Lot Size: 0.02 Acres
  • MLS Number: 3962785
  • Office Name: REDFIN CORPORATION
  • Office Phone: (609) 216-7035

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Last updated on: 5/16/2025, 3:20:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of property with a balcony and fence

$575,000

56 Federal St

$6,828

closing credit¹

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0.5% sale price²

Price information

Property sales

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Tax history

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Nearby schools

5

School #17

Public District PK-5

0.3 mi

361 Lexington Ave

4

School #15

Public District PK-5

0.5 mi

700 Gregory Ave

3

School #12

Public District PK-5

0.5 mi

165 Clifton Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $73,684. The most common annual income of people living in Passaic City, NJ is between $35k-100k. The majority of families are single, no kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

29%
<35k
45%
35k-100k
24%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

35%
Single, No Kids
16%
Single, with Kids
22%
Married, No Kids
27%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
8%
12-17 yrs old
26%
18-34 yrs old
40%
35-64 yrs old
9%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • Foot LockerFoot Locker
  • H&MH&M
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Little CaesarsLittle Caesars
  • PopeyesPopeyes
  • White CastleWhite Castle

What do the neighbors drive?

  • DodgeDodge
  • NissanNissan
  • KiaKia

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 56 Federal St in Passaic City, NJ and zip code 07011. Features: 6 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 14, 2025 and is currently priced at $575,000.

In April 2025 more than 11 listings in Passaic City, NJ were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 2 were sold below. Between March and April 2025, Passaic City, NJ real estate market has seen increase in the number of listings by 22.4%.

From Rocket Homes Real Estate and based on county public records data.

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