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

Passaic, NJ, 07055
$ 2,500,000
Bedrooms-- Baths-- Sq 6,708

Monthly Estimate*

$ 15,393

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

Commercial Property for sale in Passaic, NJ

for $2,500,000. This 6,708 square foot building was built in 1925 on a lot size of 0.17.

A Prime Mixed-Use Redevelopment OpportunityPositioned 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

$ 10,713

Style

MixedUse

Lot Size

0.17

Year Built

1925

Town/City

Passaic

County/Region

Passaic

MLS | Web ID

4026546

Features
General
Sewer See Remarks
Construction See Remarks
Heating See Remarks
Cooling Wall A/C Unit(s) Window A/C(s)
Utilities Electric Gas-Natural
Possession 31-60
Roof See Remarks
Zoning C-R
Year Built 1925
Township Passaic City
Property Type Mixed Use See Remarks MixedUse
Tax Year 2025
Ownership Fee Simple
Location See Remarks
County Passaic
Status Active
Directions Between Hamilton Ave & Hoover Ave
Number Of Units Total 0
Tax Annual Amount 10713
Drive See Remarks
Leasable Area 0
Standard Status Active
Tax Assessed Value 251600
Town # 2507
Tax Lot 7
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Exterior
Water Source See Remarks
Exterior Description See Remarks
Building Area Total 6708
Lot Dimensions 75X100
Lot Size Acres 0.17
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Interior
Fuel Type Gas-Natural See Remarks
Total Stories 0
Half Baths 0
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* Excluded Features
List By
JOSEPH AZIZ

Listing Agent

Prestige Property Group Montclair

Broker

josephazizrealestate@icloud.com

Email

Affordability Calculator

$16,286
Per Month
95%
5%
0%
Monthly Principal & Interest
$15,393
Monthly Property Taxes
$893
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
291163 Elementary School
291353 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/10/2026$2,500,000 Listed Price

Map


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285 Monroe St, Passaic, NJ, 07055 is a Commercial Property for sale at $2,500,000 with 6,708 sqft and a lot size of 0.17. 285 Monroe St was built in 1925. The property's zip code is 07055 which is in Passaic, NJ