Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Window Unit(s)

  • Heating YN

    YES

  • Heating

    Natural Gas

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.17

  • Property Type

    Commercial Sale

  • Property Sub Type

    Mixed Use

Price

  • Sales Price

    $2,500,000

  • Tax Amount

    $10,713

  • Zoning

    C-R

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Ownership

    Fee Simple

  • Tax Lot

    *

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Location

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Elementary School

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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.

285 Monroe St

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Related Properties

Prime Commercial Asset located at 239-241 Main Ave, Passaic, NJ. Offering a rare opportunity to acquire a high-visibility, income-producing property positioned on a prime corner along one of the area's most heavily trafficked corridors. This turnkey investment includes both the real estate and a fully operational gas station business, complete with an on-site convenience store, delivering multiple revenue streams and immediate cash flow. The site is equipped with (2) fuel pumps and (2) double wall steel underground storage tanks with a total capacity of approximately 12,000 gallons, supporting efficient, high-volume operations. Complementing the asset is a fully leased mechanic shop providing stable, consistent rental income, further strengthening the investment profile. Situated in a dense urban market on a corner lot, this property benefits from high consumer traffic, and sustained demand for retail services. Ideal for investors or owner-operators seeking a resilient, high-exposure asset with both operational and real estate value.
#4021114

Passaic City

239-241 Main Ave

None Beds

None Baths

1,380 Sq.Ft.

$2,250,000

MLS#: 4021114

 - property

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