HUD-insured apartment loans in Passaic, NJ
4 properties in Passaic with 397 units have FHA-insured mortgages, owing $53.7 million in all. The median note rate is 5.37%; the lowest is 4.24% at Murphy Hecht & Miller.
| Property | Units | Rate | Balance | Matures |
|---|---|---|---|---|
| Murphy Hecht & Miller | 130 | 4.24% | $1.9 million | 2057 |
| Station at Passaic Phase II | 104 | 5.15% | $23.5 million | 2061 |
| Station at Passaic | 104 | 5.59% | $27.4 million | 2060 |
| Highview Terrace | 59 | 6.5% | $947,533 | 2033 |
Most-active servicers here: Dwight Capital LLC (2), Gershman Investment Corp (1), Pnc Bank, National Association (1).
Source: HUD, Insured Multifamily Mortgages, active file, current as of September 30, 2026. Grouped by the city HUD records for each property.
Buying or refinancing in Passaic?
The Janover Capital desk can tell you whether an existing HUD loan can move with the property, and what a new one would size to.