$949,000 - 688 Passaic Ave, Nutley Twp.

Welcome to 688 Passaic Avenue, a well-maintained 4-unit income-producing property located in one of New Jersey sought after town and in one of Nutley's most desirable locations. Each spacious unit features two bedrooms and one full bathroom with a comfortable and functional layout, ideal for long-term tenants. The property offers separate utilities for each unit, ensuring easy and efficient management for the owner. Additional highlights include private driveway parking, a full basement with on-site laundry facilities, and ample storage space.This property benefits from a strong rental history and consistent cash flow, making it an excellent opportunity for both seasoned investors and those looking to start or expand their real estate portfolio. Conveniently situated near major highways including Routes 3, 46, 21, and the Garden State Parkway, the location provides easy commuting options. It is also just steps away from a bus stop offering direct service to New York City. Tenants will appreciate the proximity to shopping, dining, parks, and top-rated schools in the area, contributing to high occupancy rates and tenant satisfaction.Whether you choose to keep the property fully leased or live in one unit while renting out the others, 688 Passaic Avenue delivers a perfect balance of stability, income potential, and long-term value in a prime Nutley location.