Properties

Description

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.

Features

  • Heating System : See Remarks
  • Cooling System : Wall A/c Unit(s), Window A/c(s)
  • Roof Deck : See Remarks
  • Tax Assessed Valuation: 251600
  • Sewer: See Remarks
  • Water: See Remarks

Appliances

  • Utilities: Electric, Gas-Natural
  • Internet

Additional Info

  • Office Name: PRESTIGE PROPERTY GROUP MONTCLAIR
  • Office MLS ID: 5754
  • Agent ID: 293956
  • Tax: 10713
  • Tax Year: 2025
  • Application Fee: $0
  • Zoning: C-R

Commercial For Sale

For Sale
$2,500,000

285 Monroe St, Passaic City, *

  • SQFT 75 Acre
  • Built Year 1925

Details

  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: 5428214
  • Price: $2,500,000
  • Bedrooms: 0
  • Bathrooms: 0
  • Half Bathrooms: 0
  • Square Footage: 0 Sqft
  • Year Built: 1925
  • Year Built Description: Approximate
  • Lot Area: 75 Acre
  • Status: Active
  • Days On Market: 15

Contact Agent

Sky Realty & Associates

Map

Address Map

  • Country US
  • County Passaic
  • City Passaic City
  • Zipcode *
  • Street: Monroe St
  • Street Number: 285
  • Street Direction: Between Hamilton Ave & Hoover Ave
  • Floor Number: 0
  • Longitude: W75° 52' 26.7''
  • Latitude: N40° 51' 53.7''
  • Internet Display Address: Yes
Property