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142 Passaic St 3,500 SF 100% Leased Retail Building Passaic, NJ 07055 $1,304,445 CAD ($372.70 CAD/SF)



Investment Highlights
- Situated in the heart of Passaic, NJ, offering excellent visibility and easy access to major thoroughfares.
- Close proximity to dense residential neighborhoods and local commerce.
- On-site or nearby parking options to accommodate visitors and residents
- Close to restaurants, shops, and community services, enhancing convenience for tenants.
Executive Summary
Fully renovated, 100% leased three-story mixed-use property featuring new plumbing, heating, and electrical systems. The restaurant space was recently refreshed, and the driveway has new pavers. All utilities are separate. Property also includes a detached 2 car garage that is currently being used as a storage warehouse.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,500 SF
Building Class
C
Year Built
1960
Price
$1,304,445 CAD
Price Per SF
$372.70 CAD
Percent Leased
100%
Building Height
3 Stories
Building FAR
0.09
Lot Size
0.90 AC
Opportunity Zone
Yes
Zoning
C-R
Exceptionally walkable
100/100
Moderately drivable
60/100
Some public transit
50/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 07-01013-0000-00032 | Improvements Assessment | $337,783 CAD |
| Land Assessment | $151,316 CAD | Total Assessment | $489,098 CAD |
Property Taxes
Parcel Number
07-01013-0000-00032
Land Assessment
$151,316 CAD
Improvements Assessment
$337,783 CAD
Total Assessment
$489,098 CAD
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142 Passaic St
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