Making First-Time Buying Simple

4 Market St

Passaic City , NJ 07055

MLS#: 3997158

$925,000

Status: Active
Listing number: 3997158
Listing provided by: HOWARD HANNA RAND REALTY
Listing agent phone: None
Last update: 25 days ago
On site: 2 months ago
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Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1930

Sq.Footage

N/A

GREAT MIXED USE COMMERCIAL PROPERTY FOR SALE WITH OVER 8% CAP RATE IN REDEVELOPMENT ZONE. TAXES ARE VERY LOW AND PROPERTY LOCATED IN REDEVELOPMENT ZONE. BUSY 2200+ SQ FT RESTAURANT/HALL ON FIRST LEVEL AND 2 APARTMENTS ON SECOND LEVEL .EACH APARTMENT HAS 2 BEDROOMS, 1 BATHROOM, LIVING ROOM AND DINING ROOM BOTH RENOVATED LESS THAN 5 YEARS AGO WITH FORCED HOT AIR. BUILDING WAS ENTIRELY RENOVATED LESS THAN 5 YEARS AGO, ROOF, PLUMBING, ELECTRICAL, APARTMENTS, ALL DONE TO CODE. RESTAURANT HAS CENTRAL AIR AND FORCED AIR AND CAN SIT UP O 120 PEOPLE. BIG OPEN BASEMENT THE LENGTH OF THE BUILDING USED BY 1ST FLOOR BUSINESS. ALL SEPERATE UTILITIES FOR ALL 3 APARTMENTS. SECOND FLOOR TENANTS PAYING LOW RENT LEASES UP APRIL AND MAY 2026. RENTS ARE $4800+$1500+ $1600. RESTUARANT ALSO PAYS HALF OF TAXES AND HALF OF THE WATER. 2 BEDROOMS APARTMENT BELOW MRKET VALUE.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Window Unit(s)

  • Heating YN

    YES

  • Heating

    Natural Gas

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.06

  • Property Type

    Commercial Sale

  • Property Sub Type

    Mixed Use

Price

  • Sales Price

    $925,000

  • Tax Amount

    8604.0

  • Zoning

    MSRA

  • 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

  • Stories

    2

  • Ownership

    Fee Simple

  • Sewer

    Public Sewer

  • Tax Lot

    *

  • Water Source

    Public

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Location

County

Passaic

Elementary School

Middle School

High School

Listing Courtesy of None , HOWARD HANNA RAND REALTY

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent Patrick Bolger

FOUNDER

Patrick Bolger

Call Patrick today to schedule a private showing.

(973) 945-9979

patrickbolger@kw.com


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GREAT MIXED USE COMMERCIAL PROPERTY FOR SALE WITH OVER 8% CAP RATE IN REDEVELOPMENT ZONE. TAXES ARE VERY LOW AND PROPERTY LOCATED IN REDEVELOPMENT ZONE. BUSY 2200+ SQ FT RESTAURANT/HALL ON FIRST LEVEL AND 2 APARTMENTS ON SECOND LEVEL .EACH APARTMENT HAS 2 BEDROOMS, 1 BATHROOM, LIVING ROOM AND DINING ROOM BOTH RENOVATED LESS THAN 5 YEARS AGO WITH FORCED HOT AIR. BUILDING WAS ENTIRELY RENOVATED LESS THAN 5 YEARS AGO, ROOF, PLUMBING, ELECTRICAL, APARTMENTS, ALL DONE TO CODE. RESTAURANT HAS CENTRAL AIR AND FORCED AIR AND CAN SIT UP O 120 PEOPLE. BIG OPEN BASEMENT THE LENGTH OF THE BUILDING USED BY 1ST FLOOR BUSINESS. ALL SEPERATE UTILITIES FOR ALL 3 APARTMENTS. SECOND FLOOR TENANTS PAYING LOW RENT LEASES UP APRIL AND MAY 2026. RENTS ARE $4800+$1500+ $1600. RESTUARANT ALSO PAYS HALF OF TAXES AND HALF OF THE WATER. 2 BEDROOMS APARTMENT BELOW MRKET VALUE.

4 Market St

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