1 of 20

Want to see this property?

367 Monroe St

Passaic City, NJ 07055-4187

11 beds
3 baths
– sqft
2,614 sqft lot
1900 build
– on site

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!

Listing courtesy of GSMLS / MADELAINE SANDOVAL / REAL

Last checked: Checking… • Last updated Mar 16, 2025 •

MLS# 3949944 —

The Building

Construction Date/Year Built:

1900
Unit Style:

3-Three Story
Roof Description:

Asphalt Shingle
Exterior Description:

Vertical Siding
Basement:

Yes
Total # of Units:

3

Interior

Total # of Rooms:

15
Basement Description:

Finished-Partially

Financial & Terms

Possession:

At Closing

Location

Directions:

Main Street to Monroe
Latitude:

40.86353
Longitude:

-74.1307

The Property

Approx Lot Size:

29 Sqft
Total Acres:

0 Sqft
Lot Identifier:

6
Easements:

Unknown
Assessment Land:

63600
Assess Amount Land Tax:

*

Listing Agent

Contact info:

Taxes

Tax ID For Property:

2507-02167-0000-00006-0000-
Tax Year:

2024
Tax Year:

*
Tax Rate:

*
Tax Rate Year:

2024
Tax Rate Amount:

4.123
Tax Amount:

$10,827
Tax Amount:

$*
Lot ID Tax:

*
Lot Size Tax:

*
Acres Tax:

$*
Block ID Tax:

*
City Tax:

$*
County Tax:

$*
Zip Code Tax:

*

Beds

# of Bedrooms:

11
Unit 1 Bedrooms:

4
Unit 3 Bedrooms:

4
Unit 2 Bedrooms:

4

Baths

Total # of Baths:

3.00
Total # of Full Baths:

3
Unit 1 Baths:

1.0
Unit 2 Baths:

1.0
Unit 3 Baths:

1.0

Heating & Cooling

Cooling:

See Remarks
Heating:

See Remarks

Utilities

Utilities:

Electric, Gas-Natural
Water:

Public Water
Fuel Type:

Gas-Natural
Sewer:

Public Sewer

The Community

Assessment Total:

262600
Assessment Total Tax:

*
Assessment Bldg:

199000
Assess Amount Building Tax:

*

Parking

Garage Description:

See Remarks
Parking/Driveway Description:

See Remarks

Extra Units

Unit 1 Rooms:

5
Unit 2 Rooms:

5
Unit 3 Rooms:

5
Unit 1 Handicap Modified:

No
Unit 2 Handicap Modified:

No
Unit 3 Handicap Modified:

No
Unit 1 Room Description:

Bedrooms, Kitchen, Living Room, Pantry
Unit 2 Room Description:

Bedrooms, Kitchen, Living Room, Pantry
Unit 3 Room Description:

Attic, Bedrooms, Kitchen
Unit 1 Appliances/Equipment:

See Remarks
Unit 2 Appliances/Equipment:

See Remarks
Unit 3 Appliances/Equipment:

See Remarks

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
3/10/25 Mar 10, 2025	Listed / Active	GSMLS	$650,000

Want a closer look?

Go see 367 Monroe St

Or Call Toll Free 1-800-241-3327

We guarantee that we’ll never spam you.

* indicates a required field

More homes

Newest listings in Passaic, NJ

Similar sold homes

This multifamily located in Downtown Passaic, Passaic, NJ 07055-4187 is currently for sale for $650,000. 367 Monroe St is a – square foot multifamily with 11 beds and 3 baths that has been on Estately for 7 days. 367 Monroe St is in the Downtown Passaic neighborhood of Passaic and has a WalkScore® of 94, making it a walker’s paradise. This multifamily is in the attendance area of Passaic High School.

Listing courtesy of GSMLS / MADELAINE SANDOVAL / REAL

The data displayed relating to real estate for sale comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

Notice: The dissemination of listings displayed herein does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.