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Commercial Sale For Sale

285 Monroe Street, Passaic, NJ 07055

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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:
Commercial Sale
Listing Type:
For Sale
Listing ID:
26015228
Price:
$2,500,000
Year Built:
1900-1939
Status:
Active
Office Name:
Prestige Property Group - Montclair
Agent Name:
Joseph
Roof:
O/See Rmrks
Features
Architectural Style:
Res/Com Mixed
Address Map
Country:
US
State:
NJ
County:
PASSAIC
City:
Passaic
Zipcode:
07055
Street:
Monroe
Street Number:
285
Street Suffix:
Street
Longitude:
W75° 52' 26.3''
Latitude:
N40° 51' 53.7''
Additional Information
On Market Date:
2026-05-10
Financial
Tax Annual Amount:
10713
Listing Information
List Agent Mls Id:
1011243
List Office Mls Id:
256101
Mls Status:
Active
Modification Timestamp:
2026-06-15T14:57:04Z
Originating System Name:
njmls
Status Change Timestamp:
2026-05-10
Commercial Sale For Sale
Listing ID:
26015228
$2,500,000
Agent info
Contact Agent

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