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Faits saillants de l'investissement

  • Located on Aycrigg Avenue with convenient access to Route 21, Garden State Parkway, and I-80 for regional connectivity.
  • Situated near retail, schools, and local amenities within the City of Passaic.
  • Approximately 0.766-acre parcel with wide residential development appeal.
  • Exceptional access to Newark Liberty International Airport and NYC commuter routes.

Résumé de l'annonce

Prime Development Opportunity – 222-228 Aycrigg Avenue, Passaic, NJ
Offered at $2,600,000, this exceptional 0.766-acre (167' x 199') property presents a rare opportunity for developers, investors, and builders in a desirable Passaic location. Situated within the R-1A Zone, the site features a substantial existing residence and detached garage, offering immediate utility while plans for future development are explored.
With its generous dimensions and strategic location, the property may present potential for redevelopment into townhomes, garden apartments, or other residential uses, subject to all required municipal approvals and zoning regulations. Large parcels of this size are increasingly difficult to find, making this a unique opportunity to capitalize on the property's significant upside potential.
Whether you're seeking a long-term investment, redevelopment project, or land banking opportunity, 222-228 Aycrigg Avenue offers tremendous possibilities in a growing market.
Buyer to perform their own due diligence regarding zoning, permitted uses, subdivision potential, density, and all development approvals. Seller makes no representations or guarantees regarding municipal approvals or future development potential.

Faits sur la propriété

Prix 3 676 270 $ CAD
Type de vente Investissement
Condition de vente Projet de redéveloppement
Nombre de lots 1
Type de propriété Terrain
Sous-type de propriété Résidentiel
Utilisation proposée Unités d’appartements
Taille totale du lot 0,81 AC
Année de construction 1920
Zonage R-1A

1 Lot disponible

Lot

Prix 3 676 270 $ CAD
Prix par AC 4 512 360,72 $ CAD
Taille du lot 0,81 AC

Description

This property offers an exceptional development opportunity in one of Passaic’s most sought-after locations. Comprising approximately 0.766 acres in the R-1A Zone, the site includes a substantial existing residence and detached garage, providing immediate use or potential interim income while pursuing long-term plans. With competitive dimensions and a generous lot footprint, it invites concepts such as townhomes, garden apartments, or other multi-family configurations, subject to all municipal approvals. Large parcels of this scale rarely become available in the market. Whether you are an investor, developer, or builder, this offering provides meaningful repositioning potential and a platform to create lasting value within a growing submarket. All future concepts remain subject to zoning, planning, and municipal approvals as part of the purchaser’s due diligence.

Très accessible à pied
80/100
Moyennement adapté aux voitures
60/100
Transports en commun relativement accessibles
50/100
Plutôt accessible en vélo
40/100

Impôts fonciers

Impôts fonciers

Numéro de lot
07-03237-0000-00065
Évaluation du terrain
458 403 $ CAD
Évaluation des bâtiments
508 739 $ CAD
Évaluation totale
967 142 $ CAD
  • ID d’inscription: 40970992

  • Date de mise sur le marché: 2026-06-18

  • Dernière mise à jour:

  • Adresse: 222 Aycrigg Ave, Passaic, NJ 07055

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