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Cindy Huang

cindyhuangrealtor@gmail.com +1(201) 647-6663

$ 2,500,000

Est. payment | -/mo

6,708 SqFt

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$ 2,500,000

Est. payment | -/mo

Save

6,708 SqFt

Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 6,708 sqft

Price per Sqft $372

MLS Listing ID 4026546

Year Built 1925

Annual Tax Amount $10,713

Tax Year 2025

Lot Size 7,405 Sqft

Property Sub-Type Mixed Use

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.

Location

State NJ

County Passaic

Zoning C-R

Interior

Heating Gas-Natural, See Remarks

Cooling Wall A/C Unit(s), Window A/C(s)

Equipment See Remarks

Heat Source Gas-Natural, See Remarks

Exterior

Exterior Feature See Remarks

Utilities Available Electric, Gas-Natural

Roof Type See Remarks

Building

Sewer See Remarks

Water See Remarks

Others

Ownership Fee Simple

Listed by PRESTIGE PROPERTY GROUP MONTCLAIR

Nearby Locations

"My job is to protect your interests and guide you through every step of buying, selling, or investing in New Jersey real estate."

+1(201) 647-6663

cindyhuangrealtor@gmail.com

165 Passaic Ave, Suite 205, Fairfield, New Jersey 07004, USA

285 Monroe St Passaic City, NJ 07055

Cindy Huang

Key Details

Location

Interior

Exterior

Building

Others

Nearby Locations

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285 Monroe St