292 Passaic Ave Fairfield, NJ ^$ 2,650,000

292 Passaic Ave

^$ 2,650,000

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292 Passaic Ave

Fairfield, NJ, 07004

^$ 2,650,000

Bedrooms-- Baths-- Sq 3,722

Monthly Estimate*

^$ 16,533

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Commercial Property for sale in Fairfield, NJ

for $2,650,000 with 3 half baths. This 3,722 square foot building was built in 1997 on a lot size of 1.4.

Rare opportunity to purchase a successful turnkey, 130-seat restaurant, property and liquor license with a full sports bar. The property sits on 1.4 acres of land and has 68 parking spots. There is an opportunity to purchase the two (2x) single-family homes located next door as seen in the survey through a separate transaction to assemble (block 2801, Lot 3) which is .34 acres and (block 2801, lot 4) which is .48 acres adding an additional 0.91 acre site zoned C-1 Commercial.The property is surrounded by countless professional buildings, residential residences and is located down the street from Essex County Airport and Rt 46.

Commercial Active

Price

^$ 2,650,000

Half Bath

Property Type

Commercial

Taxes

^$ 26,539

Style

RestBar

Lot Size

1.4

Year Built

1997

Town/City

Fairfield

County/Region

Essex

MLS | Web ID

3930890

Features

General

Sewer Public Sewer

Construction Wood

Heating Forced Hot Air

Cooling Central Air

Utilities Gas-Natural

Possession ASAP

Roof See Remarks

Zoning C-1

Garage Spaces 68

Year Built 1997

Township Fairfield Twp.

Property Type Restaurant/Bar RestBar

Tax Year 2023

Ownership Fee Simple

Location Business District Freestanding

County Essex

Status Active

Directions Passaic Ave

Number Of Units Total 1

Tax Annual Amount 26539

Drive Parking Lot-Exclusive

Leasable Area 961

Standard Status Active

Tax Assessed Value 1292700

Town # 1607

Tax Lot 2.01

Farm Assessment No

Interior

Basement Full

Flooring Tile

Fuel Type Gas-Natural

Total Stories 2

Half Baths 3

Exterior

Water Source Public Water

Total Parking 68

Exterior Description See Remarks

Building Area Total 3722

Lot Dimensions 1.40 ACRES

Lot Size Acres 1.40

* Excluded Features

List By

ROMAN DRUKAROV

Listing Agent

Bhhs Fox & Roach

Broker

roman.drukarov@foxroach.com

Affordability Calculator

$18,744

Per Month

Monthly Principal & Interest: $16,533
Monthly Property Taxes: $2,212
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Fairfield, NJ

Average List Price ^$933,734

Percent of Sale Price 65%

About Fairfield, NJ

7,704 Population

10% Since 2002

^$103,608 Median Income

46.44 Median Age

32% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

291163 Elementary School

291353 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/23/2024	$2,650,000		Listed Price

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292 Passaic Ave, Fairfield, NJ, 07004 is a Commercial Property for sale at $2,650,000 with 3,722 sqft and a lot size of 1.4. 292 Passaic Ave was built in 1997. The property's zip code is 07004 which is in Fairfield, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

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292 Passaic Ave

Commercial Property for sale in Fairfield, NJ

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