3 Spruce St
Passaic City, NJ 07055
Price: $404,900
GSMLS: 3977779Type: Single Family
Style: Colonial
Beds: 3
Baths: 1 Full
Garage: No
Year Built: 1900
Acres: 0.04
Property Tax: $6,963
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.
Rooms Sizes
Kitchen:
n/a
Dining Room:
n/a
Living Room:
n/a
Family Room:
n/a
Den:
n/a
Bedroom 1:
n/a
Bedroom 2:
n/a
Bedroom 3:
n/a
Bedroom 4:
n/a
Room Levels
Basement:
n/a
Ground:
n/a
Level 1:
n/a
Level 2:
n/a
Level 3:
n/a
Level Other:
n/a
Room Features
Kitchen:
Eat-In Kitchen
Dining Room:
n/a
Master Bedroom:
n/a
Bath:
n/a
Interior Features
Square Foot:
n/a
Year Renovated:
n/a
Basement:
Yes - Unfinished
Full Baths:
1
Half Baths:
0
Appliances:
See Remarks
Flooring:
n/a
Fireplaces:
No
Fireplace:
n/a
Interior:
n/a
Exterior Features
Garage Space:
No
Garage:
None
Driveway:
None
Roof:
Asphalt Shingle
Exterior:
Vinyl Siding
Swimming Pool:
n/a
Pool:
n/a
Utilities
Heating System:
Radiators - Hot Water
Heating Source:
Gas-Natural
Cooling:
None
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Services:
n/a
Lot Features
Acres:
0.04
Lot Dimensions:
9X50 25X110
Lot Features:
n/a
School Information
Elementary:
GRANT
Middle:
PASSAIC
High School:
PASSAIC
Community Information
County:
Passaic
Town:
Passaic City
Neighborhood:
n/a
Application Fee:
n/a
Association Fee:
n/a
Fee Includes:
n/a
Amenities:
n/a
Pets:
n/a
Financial Considerations
List Price:
$404,900
Tax Amount:
$6,963
Land Assessment:
$66,000
Build. Assessment:
$102,900
Total Assessment:
$168,900
Tax Rate:
4.12
Tax Year:
2024
Ownership Type:
Fee Simple
Listing Information
MLS ID:
3977779
List Date:
07-27-2025
Days On Market:
0
Listing Broker:
AMERICAN REALTY SERVICES GROUP
Listing Agent:
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: DrakesvilleCondos.com
