$2,500,000

285 Monroe St Passaic, NJ 07055

Estimated payment $14,226/month

Total Views 308
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

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 Passaicâ€TMs 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 siteâ€TMs 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.

Listing Agent

Joseph Aziz

Prestige Property Group - Montclair Listed on: 05/10/2026

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $10,713

Property Details

Property Type

Other

Est. Annual Taxes

$10,713

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: 5+ Mixed Use
  • Co List Office Phone: 973-860-7595
  • MLS Status: Active - Active
  • Directions: Between Hoover Ave & Hamilton Ave
  • Year Built Details: 1900-1939,Build Prior to 1978
  • PropertySubTypeAdditional: Rtl/Apt
  • Special Features: None
  • Property Sub Type: Other

Exterior Features

  • Roof: See Remarks

Lot Info

  • Lot: 7

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2026 05/10/26 For Sale $2,500,000 -- --
Source: New Jersey MLS

Source: New Jersey MLS

MLS Number: 26015228

New Jersey MLS
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