285 Monroe Street Passaic, NJ $ 2,500,000
285 Monroe Street
$ 2,500,000
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285 Monroe Street

Passaic, NJ, 07055
$ 2,500,000
Bedrooms-- Baths--

Monthly Estimate*

$ 15,393

285 Monroe Street, Passaic, NJ 07055 - Image 1
285 Monroe Street, Passaic, NJ 07055 - Image 2
285 Monroe Street, Passaic, NJ 07055 - Image 3
285 Monroe Street, Passaic, NJ 07055 - Image 4
285 Monroe Street, Passaic, NJ 07055 - Image 5

Commercial Property for sale in Passaic, NJ

for $2,500,000.

A Prime Mixed-Use Redevelopment Opportunity Positioned along the active Monroe Street corridor, 281–285 Monroe Street presents a rare mixed-use asset with significant redevelopment upside in one of Passaic’s steadily evolving urban submarkets. Surrounded by residential buildings, neighborhood retail, and established commercial activity, the property sits within a proven corridor benefiting from ongoing reinvestment and rising investor demand. This is a true value-add redevelopment site, ideal for developers seeking to unlock long-term value through repositioning, increased density, or ground-up redevelopment. The existing mixed-use configuration offers interim income potential, while the underlying value is driven by the site’s land position and redevelopment potential supported by local zoning. The immediate area features strong pedestrian traffic, daily convenience retail, and proximity to major transportation routes, offering seamless connectivity to Northern New Jersey employment hubs and direct access to New York City. As Passaic continues targeted revitalization along key corridors, Monroe Street remains a focal point for infill development and urban renewal, reinforcing long-term growth fundamentals and investor confidence. An exceptional opportunity for developers focused on scale, density, and long-term urban value creation.

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Commercial Active

Price

$ 2,500,000

Property Type

Commercial

Taxes

$ 0

Style

Town/City

Passaic

County/Region

Passaic

MLS | Web ID

26015228

Features
General
Roof See Remarks
Rooms None
County PASSAIC
Property Type 5+ Mixed Use
HOA N
Status Active - Active
City Passaic
Taxes 10713
Year Built Details 1900-1939 Build Prior to 1978
Lease Considered Y/N N
Standard Status Active
Property Sub Type Additional Rtl/Apt
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Interior
Heating Y/N N
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* Excluded Features

Affordability Calculator

$15,393
Per Month
100%
0%
0%
Monthly Principal & Interest
$15,393
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
843640 Elementary School
843641 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/10/2026$2,500,000 Listed Price

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285 Monroe Street, Passaic, NJ, 07055 is a Commercial Property for sale at $2,500,000. The property's zip code is 07055 which is in Passaic, NJ