284 Summer Street

Passaic, NJ 07055

$1,499,000

7 bd / 3 ba

Property Tax: $12,661/year

2-family investment opportunity in Passaic, NJ, perfect for investors or first-time buyers seeking strong rental income. This extraordinary oversized property features a beautifully maintained two-family home that blends modern design with everyday comfort, ideal for buyers looking for built-in rental assistance to help offset mortgage costs. The entire home, including the attic and basement, has been newly renovated, offering fresh, move-in-ready spaces throughout. Unit 1 offers 2 bedrooms, 1 full bathroom, a formal living room, dining room, a beautifully updated kitchen, and a sturdy spiral staircase leading to a full finished basement for added functional space. Unit 2 includes 3 bedrooms, 1 full bathroom, and a spacious living room, while the finished attic provides 2 additional rooms and 3 large closets for valuable bonus space. The huge lot includes 6 outdoor parking spaces and a remarkable 7-car garage that can fit up to 12 vehicles, ideal for car collectors, contractors, or additional rental income. The property is exceptionally clean and well-kept, featuring generous outdoor space, a brand-new patio, and a new roof. Current rent is below market value, offering immediate upside for investors. Located in a prime area of Passaic, it is close to public transportation, parks, schools, shopping, places of worship, and offers easy access to major highways and NYC transportation. DON’T MISS THIS RARE GEM!!

Listed By:

Ishali Narula: (973) 779-1900,
Weichert Realtors, Clifton
Source: njmls, MLS#: 236079820

NJMLS Internet Data Exchange

The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than SILVERMAN are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Last date updated: 04/16/2026
Source: New Jersey Multiple Listing Service, Inc.

©2026 New Jersey Multiple Listing Service, Inc. All rights reserved.

Schedule a tour with a SILVERMAN agent

719 Cypress Street

6 bd / 4 ba
$1,300,000

25 Ackerman Road

6 bd / 4 ba
$2,449,000

75 Mazur Place

5 bd / 4 ba
$1,125,000

200 Stabled Way

10 bd / 10 ba
$22,500,000

675 Ramapo Valley Road

21 bd / 19 ba
$19,000,000

161 18th #4C

1 bd / 1 ba
$285,000