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Investment Highlights

  • Retail

Executive Summary

33 Passaic Street, Garfield, NJ 07026
Prime Commercial Property with Expansion Potential
Asking Price: $579,000 | Lot Size: 0.11 Acres (75’ x 110’)
Zoning: Commercial | Use: Retail, Auto, or Redevelopment
Positioned in the heart of Garfield’s vibrant downtown business district, this versatile commercial property offers exceptional visibility and a wide range of potential uses. Whether you’re an investor seeking a redevelopment site or a business owner looking for a well-located facility, this property delivers unmatched accessibility, exposure, and flexibility.
Property Highlights
Prime Downtown Location: Excellent visibility along bustling Passaic Street, surrounded by thriving businesses and dense residential neighborhoods.
Zoned for Commercial Use: Ideal for a convenience store, auto mechanic, retail, or service business—or take advantage of the site’s generous footprint for future redevelopment.
Expansion Opportunity: A 75’ x 110’ lot provides ample room for build-out, modernization, or ground-up construction.
Turnkey Essentials: Existing infrastructure and fixtures suitable for immediate occupancy or adaptive reuse.
Outstanding Exposure:
Passaic St & Cambridge Ave – 8,420 vehicles/day
Passaic St & Bogart Ave – 8,154 vehicles/day
Passaic St & Spencer Pl – 8,655 vehicles/day
River Dr & Washington Pl – 18,975 vehicles/day
Midland Ave & Bogart Ave – 10,568 vehicles/day
Wall St & 9th St – 13,462 vehicles/day
Continuous traffic from these nearby intersections ensures your business remains front-and-center for thousands of commuters daily.
Market Demographics
Population: 44,761 (1-mile) | 266,700 (3-mile)
Households: 14,678 (1-mile) | 92,626 (3-mile)
Median Household Income: $54,490 (1-mile) | $71,562 (3-mile)
Daytime Employees: 11,878 (1-mile) | 121,531 (3-mile)
These strong local demographics support a consistent customer base for retail, auto, or service-oriented operations.
Investment Appeal
Strategically located near key commuter corridors and surrounded by a dense residential population, 33 Passaic Street represents a compelling opportunity for owner-users and investors alike. Its commercial zoning and site flexibility make it ideal for both immediate business operations and long-term appreciation.
Ownership has already taken proactive measures regarding site environmental review, with related costs accounted for—providing added peace of mind to future purchasers or developers.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Service Station
Building Size
408 SF
Building Class
B
Year Built
1930
Price
$791,898 CAD
Price Per SF
$1,940.93 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.11 AC
Opportunity Zone
Yes
Zoning
Commercial
Parking
6 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
45’ on Passaic St
Exceptionally walkable
90/100
Moderately drivable
60/100
Good public transit
60/100
Fairly bikeable
40/100

Nearby Major Retailers

Polish & Slavic Federal Credit Union
Chase Bank
Applebee's
Retro Fitness
Valley National Bank
Order Express, Inc.
TD Bank
SuperFresh
Noches De Colombia
Rent-A-Center

Property Taxes

Property Taxes

Parcel Number
21-00025-0000-00002
Land Assessment
$149,709 CAD
Improvements Assessment
$322,293 CAD
Total Assessment
$472,002 CAD
  • Listing ID: 36291219

  • Date on Market: 2025-06-17

  • Last Updated:

  • Address: 33 Passaic St, Garfield, NJ 07026

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