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MixedUse For Sale

285 Monroe St, Passaic City, Passaic 07055-5209

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Property 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.

Basic Details
Property Type:
MixedUse
Listing Type:
For Sale
Listing ID:
4026546
Price:
$2,500,000
Year Built:
1925
Lot Area:
0.17 Acre
Status:
Active
Office Name:
PRESTIGE PROPERTY GROUP MONTCLAIR
Roof:
See Remarks
Features
Heating System:
See Remarks
Cooling System:
Wall A/C Unit(s), Window A/C(s)
Sewer:
See Remarks
Utilities:
Electric, Gas-Natural
Address Map
Country:
US
State:
Passaic
County:
Passaic
City:
Passaic City
Zipcode:
07055-5209
Street:
Monroe St
Street Number:
285
Longitude:
W75° 52' 26.7''
Latitude:
N40° 51' 53.7''
Directions:
Between Hamilton Ave & Hoover Ave
Zoning:
C-R
Additional Information
Lot Size Dimensions:
75X100
Water Source:
See Remarks
Building Size:
6708
Financial
Tax Annual Amount:
10713
Listing Information
List Agent Mls Id:
293956
List Office Mls Id:
5754
Mls Status:
Active
Modification Timestamp:
2026-05-25T16:50:59Z
Originating System Name:
gsmls
MixedUse For Sale
Listing ID:
4026546
Lot Area:
0.17 Acre
$2,500,000
Agent info
Contact Agent

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