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$2,500,000 Just Listed
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Property Description
A Prime Mixed-Use Redevelopment OpportunityPositioned along the active Monroe Street corridor, 281"285 Monroe Street presents a rare mixed-use asset with significant redevelopment upside in one of Passaic's 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 site's 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.
Full Property Details
Full Property Details for 285 Monroe St
General
- Price: $2,500,000
- Taxes: $10,713 (2025)
- Status: Active
- Type: Commercial
- Source: Garden_State
- MLS ID: 4026546
- Updated: 5/10/2026
- Added to Site: 2 day(s) ago
Business
- Includes: Building & Land
Additional Information
- Equipment: See Remarks
Parking
- Parking: See Remarks
Location
- County: Passaic
- Driving Directions: Between Hamilton Ave & Hoover Ave
- Location Details: See Remarks
Heating & Cooling
- Cooling Type: Wall A/C Unit(s), Window A/C(s)
- Heating Type: See Remarks
- Heating Fuel: Natural Gas, See Remarks
Utilities
- Sewer: See Remarks
- Water: See Remarks
- Utility Description: Electric, Natural Gas
Structural Information
- Construction: See Remarks
- Exterior Const.: See Remarks
- Roof: See Remarks
- Square Feet: 6,708
- Aprox. Leasable: 6,708 Sq. Ft.
- Year Built: 1925
Lot Features
- Lot Size (Acres): 0.17
- Lot Size: 75X100
- Zoning: C-R
Financial Considerations
- Price Per Sq. Ft.: $372
- Assessment Amount: $251,600
- Land Assmt: $175,000
- Tax Amount: $10,713
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: See Remarks
- Disclosures: Yes
- APN: 2507-04123-0000-00007-0000-
- Block: 4123
- Lot Number: 7
Listed by Prestige Property Group Montclair
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Schools
Schools serving 285 Monroe St
School District:Passaic City School District
| Name | Grades | Distance |
|---|---|---|
Number 6 Martin L King 85 Hamilton Avenue, Passaic, NJ 07055 | PK-8 | 0 mi |
Passaic High School 170 Paulison Avenue, Passaic, NJ 07055 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 285 Monroe St
Date
Details
Price
Change
Source
5/10/2026
Listed
$2,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 285 Monroe St
285 Monroe St, Passaic, NJ 07055 (MLS# 4026546) is a Commercial property. 285 Monroe St is currently listed for $2,500,000 and was received on May 10, 2026. Want to learn more about 285 Monroe 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.

