Under contract

$549,999

260 Madison St, Passaic City, NJ 07055

5beds

--sqft

Est.:

Multi Family

Built in 1920

-- sqft lot

$558,300 Zestimate^®

$--/sqft

$-- HOA

What's special

Additional parkingFull finished basementTwo-car garageCorner lot

This legal two-family property is currently being used as a one family and offers incredible potential. Featuring a full finished basement and attic, a two-car garage with additional parking, and a corner lot that provides great potential. The home requires some work and is being sold strictly as-is, making it a perfect project for investors or buyers looking to customize their next home.

205 days

15

0

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 2.1
Full bathrooms: 2
1/2 bathrooms: 1

Heating

Radiators - Hot Water, Natural Gas

Cooling

Window Unit(s)

Appliances

Included: See Remarks

Features

Bedrooms, Living Room, Master Bedroom, Attic
Basement: Yes,Partially Finished,Full
Has fireplace: No

Interior area

Total structure area: 0

Property

Parking

Total spaces: 2
Parking features: 2 Car Width, Detached Garage
Garage spaces: 2
Uncovered spaces: 2

Features

Levels: 3-Three Story
Stories: 3
Patio & porch: Porch
Fencing: Wood

Lot

Size: 2,613.6 Square Feet
Dimensions: 25 x 100

Details

Parcel number: 2507021680000000170000

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Aluminum Siding, Stone
Roof: Asphalt Shingle

Condition

Year built: 1920

Utilities & green energy

Gas: Gas-Natural
Sewer: Public Sewer
Water: Public
Utilities for property: Natural Gas Connected

Community & HOA

Location

Region: Passaic

Financial & listing details

Tax assessed value: $242,500
Annual tax amount: $9,998
Date on market: 9/16/2025
Exclusions: PERSONAL PROPERTY
Total actual rent: 0
Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas

Estimated market value

$558,300

$530,000 - $586,000

$2,586/mo

Price history

Date	Event	Price
11/11/2025	Pending sale	$549,999
Source: GSMLS #3987223 Report a problem
9/16/2025	Listed for sale	$549,999+128.2%
Source: GSMLS #3987223 Report a problem
6/24/2008	Sold	$241,004-16.9%
Source: Public Record Report a problem
1/2/2007	Sold	$290,000
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$9,998 +3%	$242,500
2024	$9,710	$242,500
2023	$9,710 +3.9%	$242,500
2022	$9,341 +2.4%	$242,500
2021	$9,118 +2.3%	$242,500
2020	$8,917 +2.2%	$242,500
2019	$8,725 +3.2%	$242,500
2018	$8,456 +3.5%	$242,500
2017	$8,167 +30.3%	$242,500
2016	$6,270 +1.9%	$242,500 +192.9%
2015	$6,155 +1.7%	$82,800
2014	$6,055 +6.1%	$82,800
2012	$5,706 +0.6%	$82,800
2011	$5,669 +12.2%	$82,800
2010	$5,053	$82,800
2009	--	$82,800
2008	--	$82,800
2007	--	$82,800
2006	--	$82,800 +5.5%
2005	--	$78,500
2004	--	$78,500
2003	--	$78,500
2002	--	$78,500
2001	--	$78,500