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$3,999,000 -$200,000 (-4.76%) Price Reduced

  • For Sale
  • Active
  • Commercial
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one of a Kind, First floor 9900 sq ft commercial space, with approval for 9 apartment on each of the existing 2nd and 3rd floors and 9 more by adding a forth floor, a total of 27 apartments. , approved for 3 Studios, 9 one bedroom, 9 two bedrooms and 6 three bedrooms, plus the 1st floor. Best location in Passaic, Easy to show, call for more info

Full Property Details for 196 Jefferson St

General

  • Price: $3,999,000
  • Taxes: $44,322 (2024)
  • Status: Active
  • Type: Commercial
  • Source: Garden_State
  • MLS ID: 3997144
  • Updated: 2/28/2026
  • Added to Site: 111 day(s) ago

Business

  • Includes: Building & Land

Interior

  • Flooring: See Remarks

Rooms

Bathrooms

  • Total Bathrooms: 29
  • Restrooms: 29

Additional Information

  • Equipment: See Remarks

Parking

  • Parking: See Remarks

Location

  • County: Passaic
  • Driving Directions: off Main
  • Location Details: Business District

Heating & Cooling

  • Cooling Type: 4+ Units
  • Heating Type: 4+ Units
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water
  • Utility Description: Gas In Street

Structural Information

  • Construction: Brick/Block
  • Exterior Const.: Brick/Block
  • Basement: Yes
  • Basement Desc.: Unfinished
  • Roof: Flat
  • Stories in Building: 4
  • Square Feet: 39,868
  • Year Built: 2026

Lot Features

  • Lot Size (Acres): 0.14
  • Lot Size: 50X214 21X77

Financial Considerations

  • Assessment Amount: $1,075,000
  • Land Assmt: $278,500
  • Tax Amount: $44,322
  • Tax Year: 2024

Disclosures and Reports

  • Ownership: Fee Simple
  • Documents Avail.: Building Plans
  • APN: 2507-04128-0000-00038-0000-
  • Block: 4128
  • Lot Number: 38

Listed by Homenet Realty

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Listing agent

— 196 Jefferson St —

  • Homenet Realty

973-370-0808

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 196 Jefferson St

School District:Passaic City School District
NameGradesDistance
Passaic High School
170 Paulison Avenue, Passaic, NJ 07055
9-120.4 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 196 Jefferson St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/28/2026
Price Reduced
$3,999,000
-4.76%
MLS
1/08/2026
Price Reduced
$4,199,000
-2.33%
MLS
11/10/2025
Listed
$4,299,000
71.96%
MLS
8/11/2023
Sold
$2,500,000
—
Public Record
Get Price Alerts and Save Property
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 for 196 Jefferson St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$44,322
6%
$1,075,000
—
2022
$41,753
3%
$1,075,000
—
2021
$40,420
—
$1,075,000
-42%
2021
$40,420
-39%
$1,849,200
—
2018
$66,534
3%
$1,849,200
—
2017
$64,482
4%
$1,849,200
—
2016
$62,281
65%
$1,849,200
270%
2015
$37,804
-44%
$499,200
-73%
2019
$67,995
116%
$1,849,200
270%
2013
$31,453
—
$499,200
—
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 for 196 Jefferson St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Homenet Realty

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196 Jefferson St, Passaic, NJ 07055 (MLS# 3997144) is a Commercial property. 196 Jefferson St is currently listed for $3,999,000 and was received on November 10, 2025. Want to learn more about 196 Jefferson St? Do you have questions about finding other Commercial real estate for sale in Passaic? You can browse all Passaic real estate or contact a Coldwell Banker agent to request more information.

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