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5 Beds
4 Baths

$699,000

89 Burgess Place, Passaic NJ, 07055

Property typeMulti-family
Listed by Boris Alan Saharig with United Real Estate 973-941-5100

Overview

Active

Active - Active

Listed Sep 24, 2026

Updated 4 days ago

Exceptional turnkey two-family opportunity offering income, flexibility, and a highly convenient location. Fully renovated in 2021, this well-maintained property features a 2-bedroom first-floor residence with generous living and dining areas, plus a 3-bedroom second-floor residence with a full bath. Separate finished basement and attic spaces, each with legal kitchens and bathrooms, add valuable flexibility for extended living, storage, or other permitted uses. With an impressive current rent roll of $6,900 per month, this property is positioned to appeal to investors seeking dependable cash flow as well as owner-occupants looking to reduce monthly housing expenses through rental income. Ideally located near public transportation, schools, parks, restaurants, and daily conveniences. Paved front yard offers low-maintenance appeal and potential future driveway possibilities with municipal approval. A compelling income-producing asset with room to support both lifestyle and long-term wealth building.

$4,650/mo

Est. mortgage payment based on a $699,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
26036457

Interior Features

Bedrooms
5
Bathrooms
4
Basement
No

Other Property Details

Taxes
$12,527
Tax Frequency
Annually
Association Fee Frequency
Monthly
Maintenance Expense
$18,000
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Listed by Boris Alan Saharig with United Real Estate 973-941-5100

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 Ridgeco Properties 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:  10/6/2026 

Source:  New Jersey Multiple Listing Service, Inc.

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