New Jersey
Passaic City
3 Spruce St

$404,900

3 Spruce St, Passaic City, NJ 07055

3 beds |
1 bath

Single-Family Home
Built in 1900
1,742sqft lot
—— car garage
$——/sqft
Listed 1 day ago

Property Description

Investor Alert! Income-Producing Colonial with Long-Term Tenant in Place! This well-kept three-bedroom colonial is a turnkey investment opportunity, currently rented to a long-time tenant who treats the property like their own and generates a solid $26,160 in annual income. The lease runs through October 31, 2025, with an option to renew, offering stability and immediate returns. The home features a large fenced backyard, perfect for future enhancements, and an unfinished basement brimming with potential. Located near major employment centers and mass transportation, this property is ideally situated for continued rental success. Whether you're expanding your portfolio or seeking a low-maintenance asset, this is a smart, income-generating addition ready for its next owner.

Listing Status:: Active
Listing Office:: AMERICAN REALTY SERVICES GROUP : 973-258-0888
MLS ID:: 3977779

Kitchen: Eat-In Kitchen
Appliances: See Remarks
Basement: Unfinished
A/C: None
Heating: Radiators - Hot WaterGas-Natural
Fireplace: Fireplaces: 0

This listing courtesy of AMERICAN REALTY SERVICES GROUP

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Ulysses S. Grant School No. 7

155 Summer St, Passaic, NJ, 07055

Grades PK-KG

0.13 miles away

Passaic Gifted and Talented Academy School No. 20

19 Henry St, Passaic, NJ, 07055

Grades 2-8

0.54 miles away

Passaic Academy for Science and Engineering

291 Lafayette Ave, Passaic, NJ, 07055

Grades 6-12

0.72 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.