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$1,550,000 -$50,000 (-3.13%) Price Reduced
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Property Description
Incredible Redevelopment or Investment Opportunity! 2 Properties being sold together. 584 and 588 US Highway 46. Built in 1950, #588 is a 1572 sq ft office building recently renovated and has newer steps, roof, well. Zoned HD. It can easily accommodate 2 separate office tenants and has a separate entrance. The first floor features private offices, open work area, and bathroom. The second floor offers a spacious open area and additional bath. New furnace! Oversized detached garage, lots of parking, backyard. #584 is 1562 sq ft and is a 3 bedroom cape cod home with a backyard and is currently being rented. It is Zoned C1, but grandfathered in as residential. Together, these properties offer excellent highway frontage, strong visibility, making them ideal for investors owner occupants, or developers seeking a prime location with multiple possibilities.
Full Property Details
Full Property Details for 584-588 US Hwy 46
General
- Price: $1,550,000
- Taxes: $11,161 (2024)
- Status: Active
- Type: Retail
- Source: Garden_State
- MLS ID: 4000886
- Updated: 3/3/2026
- Added to Site: 85 day(s) ago
Business
- Includes: Building & Land
Rooms
Bathrooms
- Total Bathrooms: 3
- Restrooms: 3
Additional Information
- Equipment: Restrooms - Private
Parking
- Garage Spaces: 10
- Parking: Additional Parking, Blacktop, Parking Lot-Exclusive
Location
- County: Essex
- Driving Directions: Route 46 East Bound Between West Essex Diner and Passaic Ave/Caldwells Exit. Bear right for access road in front of buildings
- Location Details: Highway Location, See Remarks
Heating & Cooling
- Cooling Type: No Cool
- Heating Type: 2 Units
- Heating Fuel: Natural Gas, Oil Tank Above Ground - Inside
Utilities
- Sewer: Public Sewer
- Water: Well
- Utility Description: Electric, Natural Gas
Structural Information
- Construction: See Remarks
- Exterior Const.: See Remarks
- Basement: Yes
- Basement Desc.: Full, Unfinished
- Roof: Asphalt Shingles
- Stories in Building: 2
- Square Feet: 3,134
- Aprox. Leasable: 3,134 Sq. Ft.
- Office: 1,572 Sq. Ft.
- Year Built: 1932
Lot Features
- Lot Size (Acres): 0.42
- Lot Size: 185X100
- Permitted Use: Office, Retail, Personal Services, Restaurants,
- Zoning: Commercial HD
- Lot Description: Level Lot
Financial Considerations
- Assessment Amount: $622,500
- Land Assmt: $241,300
- Tax Amount: $11,161
- Tax Year: 2024
- Pays Utilities: Tenant
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: See Remarks
- APN: 1607-03302-0000-00005-0000-
- Block: 3302
- Lot Number: 45
Listed by C-21 Crest Real Estate, Inc.
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Schools
Schools serving 584-588 US Hwy 46
School Districts:Fairfield Township School District, West Essex Regional School District
| Name | Grades | Distance |
|---|---|---|
Winston S. Churchill School 233 Fairfield Road, Fairfield, NJ 07004 | 4-6 | 1 mi |
Adlai E. Stevenson Elementary School 15 Knoll Road, Fairfield, NJ 07004 | PK-3 | 2.2 mi |
West Essex Middle School 65 West Greenbrook Rd, North Caldwell, NJ 07006 | 7-8 | 1.2 mi |
West Essex High School 65 West Greenbrook Rd, North Caldwell, NJ 07006 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 584-588 US Hwy 46
Date
Details
Price
Change
Source
3/03/2026
Price Reduced
$1,550,000
-3.12%
MLS
12/08/2025
Listed
$1,600,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 584-588 US Hwy 46
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,143
7%
$240,800
—
2022
$4,823
-1%
$240,800
—
2021
$4,881
10%
$240,800
18%
2018
$4,455
—
$203,800
—
2017
$4,467
-1%
$203,800
—
2016
$4,490
9%
$203,800
—
2015
$4,115
-11%
$203,800
—
2019
$4,624
16%
$203,800
—
2014
$3,986
—
$203,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 584-588 US Hwy 46
584-588 US Highway 46, Fairfield, NJ 07004 (MLS# 4000886) is a Retail property. 584-588 US Highway 46 is currently listed for $1,550,000 and was received on December 08, 2025. Want to learn more about 584-588 US Highway 46? Do you have questions about finding other Retail real estate for sale in Fairfield? You can browse all Fairfield real estate or contact a Coldwell Banker agent to request more information.

