45 Parker Ave Passaic, NJ $ 875,000
45 Parker Ave
$ 875,000
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45 Parker Ave

Passaic, NJ, 07055
$ 875,000
Bedrooms-- Baths--
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Property for Rent in Passaic, NJ

for $875,000. This property was built in 1940 on a lot size of 0.04.

Turnkey Mixed-Use Property - Remodeled & Income-Producing. Don't miss this exceptional opportunity to own a fully remodeled and well-maintained mixed-use property featuring two units: one commercial and one residential. Located in a high-demand area with excellent access to major highways and less than 30 minutes from NYC, this property offers strong visibility and convenience for both residents and businesses. The building has been extensively upgraded throughout, with modern systems and finishes. All utilities are separately metered, and the commercial tenant contributes 50% toward property taxes and insurance, enhancing the cash flow. Enjoy proximity to public transportation, parks, retail, and houses of worship, making this an attractive asset for both investors and owner-occupants alike. Owner holds an active NJ real estate license.

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Rental Active

Price

$ 875,000

Taxes

$ 10,624

Style

MixedUse

Lot Size

0.04

Year Built

1940

Town/City

Passaic

County/Region

Passaic

MLS | Web ID

3977597

Features
General
Sewer Public Sewer
Construction Wood
Heating 2 Units
Cooling Wall A/C Unit(s) Window A/C(s)
Utilities Electric Gas-Natural
Possession 0-30
Roof Flat
Zoning Comm
Year Built 1940
Tenant Pays Electric Gas Heat Hot Water Maintenance-Common Area Repair Insurance See Remarks
Township Passaic City
Property Type Mixed Use See Remarks Store With Apartment MixedUse
Tax Year 2024
Ownership Fee Simple
Location Business District Residential Area See Remarks
Lease Information 3-5 Year Minimum See Remarks
County Passaic
Status Active
Directions Monroe to Parker Ave.
Tax Annual Amount 10624
Drive None
Lease Type Net
Standard Status Active
Tax Assessed Value 257700
Town # 2507
Tax Lot 55
Farm Assessment No
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Interior
Basement Bilco-Style Door Full Walkout
Flooring Laminate Parquet
Fuel Type Gas-Natural
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Exterior
Lot Features Irregular Lot
Water Source Public Water
Exterior Description See Remarks Vinyl Siding
Lot Dimensions 32X61
Lot Size Acres 0.04
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* Excluded Features
List By
MICHAEL WACHALA

Listing Agent

Keller Williams Park Views

Broker

michael.wachala@kw.com

Email

Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/25/2025$875,000 Listed Price

Map


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45 Parker Ave, Passaic, NJ, 07055 is a Property for Rent at $875,000 with a lot size of 0.04. 45 Parker Ave was built in 1940. The property's zip code is 07055 which is in Passaic, NJ