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976 Main Ave Passaic, NJ $ 949,999
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$ 949,999 Get more info
976 Main Ave
$ 949,999
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976 Main Ave

Passaic, NJ, 07055
$ 949,999
Bedrooms-- Baths-- Sq 3,223

Monthly Estimate*

$ 5,927

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Commercial Property for sale in Passaic, NJ

for $949,999 with 4 half baths. This 3,223 square foot building was built in 1947 on a lot size of 0.07.

Excellent turn-key mixed-use investment opportunity ideal for first-time homebuyers or seasoned investors! This nearly fully renovated property features four income-producing units plus additional billboard income. The first floor includes approximately 1,100 sq. ft. of office space with multiple rooms and amenities, along with a renovated studio apartment. The second floor offers a modern one-bedroom apartment and a spacious two-bedroom apartment. Conveniently located on Main Avenue near shops, restaurants, and transportation, the property also includes an unused rear lot with potential for extension or parking, perfect for living, working, and investing all under one roof.

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Commercial Active

Price

$ 949,999

Half Bath

4

Property Type

Commercial

Taxes

$ 7,800

Style

OffcApts

Lot Size

0.07

Year Built

1947

Town/City

Passaic

County/Region

Passaic

MLS | Web ID

3993392
Features
General
Sewer Public Sewer
Construction Brick/Block
Heating 4+ Units
Cooling Window A/C(s)
Utilities All Underground
Possession Immediately
Roof Flat
Zoning Comercial
Year Built 1947
Tenant Pays Electric Gas Heat
Township Passaic City
Property Type Office/Apartments OffcApts
Tax Year 2024
Ownership Fee Simple
Location Business District
Lease Information Month-To-Month
Gross Income 77700
County Passaic
Net Operating Income 65444
Operating Expense 12256
Status Active
Directions MAIN AVE NEAR HIGHLAND AVE - CLIFTON BORDER
Number Of Units Total 4
Tax Annual Amount 7800
Drive On-Street Parking
Leasable Area 1100
Standard Status Active
Tax Assessed Value 189200
Town # 2507
Tax Lot 24
Cap Rate 7.00
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Interior
Basement Full Unfinished
Flooring Laminate Tile Wood
Fuel Type Gas-Natural
Total Stories 2
Half Baths 4
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Exterior
Water Source Public Water
Exterior Description Brick/Block
Building Area Total 3223
Lot Dimensions 31X104
Lot Size Acres 0.07
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* Excluded Features
List By
Luz E. Ruiz

Listing Agent

Weichert Realtors

Broker

Upper Montclair

Office

Affordability Calculator

$6,577
Per Month
90%
10%
0%
Monthly Principal & Interest
$5,927
Monthly Property Taxes
$650
Monthly 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
291163 Elementary School
291353 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/20/2025$949,999 Listed Price

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976 Main Ave, Passaic, NJ, 07055 is a Commercial Property for sale at $949,999 with 3,223 sqft and a lot size of 0.07. 976 Main Ave was built in 1947. The property's zip code is 07055 which is in Passaic, NJ

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