169 Lexington Ave
Passaic City, NJ 07055
Price: $1,400,000
GSMLS: 3989411Type: Multi-Family
Style: Fixer Upper, See Remarks
Total Units: 0
Beds: 21
Baths: 7 Full
Garage: No
Year Built: 2025
Acres: 0.00
Property Tax: $16,137
Description
169 Lexington Ave Is A Rare Chance To Take Over A Fully Approved 7-unit Building Project With Much Of The Heavy Lifting Already Done. Permits Are Fully Paid, And Rough Electric And Plumbing Are Nearly Complete Saving You Time And Money. The Property Is Being Sold As-is, With Plans Available Upon Request, So You Can Step Right In And Finish Construction To Your Specifications. Projected Rental Income Is Approximately $21,000 Per Month, Making This An Excellent Value-add Opportunity For Investors Or Developers Looking For Strong Cash Flow Potential.
General Info
Style:
Fixer Upper, See Remarks
SqFt Building:
7,671
Total Rooms:
30
Basement:
Yes - Unfinished
Interior:
n/a
Roof:
Flat
Exterior:
Aluminum Siding, Brick
Lot Size:
831/2X108
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
n/a
Parking:
Blacktop
Spaces Available:
2
Unit 1
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
Bedrooms
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector
Utilities:
Owner Pays Electric
Handicap:
Yes
Unit 2
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Unit 3
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
See Remarks
Heating Fuel:
See Remarks
Cooling:
See Remarks
Water Heater:
n/a
Water:
See Remarks
Sewer:
See Remarks
Utilities:
See Remarks
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Passaic
Town:
Passaic City
Neighborhood:
n/a
Financial Considerations
List Price:
$1,400,000
Tax Amount:
$16,137
Land Assessment:
$190,200
Build. Assessment:
$201,200
Total Assessment:
$391,400
Tax Rate:
4.12
Tax Year:
2024
Listing Information
MLS ID:
3989411
List Date:
09-27-2025
Days On Market:
0
Listing Broker:
LIVX
Listing Agent:
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: TownsquareVillageLiving.com
