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$925,000

  • For Sale
  • Active
  • Business
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Great Mixed Use Commercial Property For Sale With Over 8% Cap Rate in Redevelopment Zone. Taxes Are Very Low and Property Located in Redevelopment Zone. Busy 2200+ Sq Ft Restaurant/Hall On First Level and 2 Apartments On Second Level .Each Apartment Has 2 Bedrooms, 1 Bathroom, Living Room and Dining Room Both Renovated Less Than 5 Years Ago With Forced Hot Air. Building Was Entirely Renovated Less Than 5 Years Ago, Roof, Plumbing, Electrical, Apartments, All Done To Code. Restaurant Has Central Air and Forced Air and Can Sit Up O 120 People. Big Open Basement The Length Of The Building Used By 1St Floor Business. All Seperate Utilities For All 3 Apartments. Second Floor Tenants Paying Low Rent Leases Up April and May 2026. Rents Are $4800+$1500+ $1600. Restuarant Also Pays Half Of Taxes and Half Of The Water. 2 Bedrooms Apartment Below Mrket Value.

Full Property Details for 4 Market St

General

  • Price: $925,000
  • Taxes: $8,604 (2024)
  • Status: Active
  • Type: Business
  • Source: Garden_State
  • MLS ID: 3997158
  • Updated: 12/19/2025
  • Added to Site: 67 day(s) ago

Business

  • Includes: Building & Land

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Restrooms: 4

Additional Information

  • Equipment: Appliances, Fire Alarm, See Remarks, Smoke Detector

Parking

  • Parking: None

Location

  • County: Passaic
  • Driving Directions: Passaic St to Market St
  • Location Details: See Remarks

Heating & Cooling

  • Cooling Type: Window A/C(s)
  • Heating Type: 3 Units
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water
  • Utility Description: Natural Gas

Structural Information

  • Construction: Brick/Block
  • Exterior Const.: Brick/Block
  • Basement: Yes
  • Basement Desc.: Full, Unfinished
  • Roof: Flat
  • Stories in Building: 2
  • Square Feet: 4,200
  • Year Built: 1930

Unit Information

  • 2 Bedroom Units: 2
  • 3 Bedroom Units: 2

Lot Features

  • Lot Size (Acres): 0.06
  • Lot Size: 25X100
  • Permitted Use: MARKET ST REDEVELOPMENT ZONE
  • Zoning: MSRA

Financial Considerations

  • Assessment Amount: $208,700
  • Land Assmt: $110,000
  • Tax Amount: $8,604
  • Tax Year: 2024

Disclosures and Reports

  • Ownership: Fee Simple
  • Documents Avail.: See Remarks
  • APN: 2507-01035-0000-00027-0000-
  • Block: 1035
  • Lot Number: 27

Listed by Howard Hanna Rand Realty

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Listing agent

— 4 Market St —

  • Howard Hanna Rand Realty

973-694-6500

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 4 Market St

School District:Passaic City School District
NameGradesDistance
Passaic High School
170 Paulison Avenue, Passaic, NJ 07055
9-120.7 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 4 Market St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/19/2025
Price Reduced
$925,000
-2.63%
MLS
11/10/2025
Listed
$950,000
258.49%
MLS
7/26/2005
Sold
$265,000
—
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 4 Market St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,605
3%
$208,700
—
2023
$8,356
3%
$208,700
—
2022
$8,106
3%
$208,700
—
2021
$7,847
5%
$208,700
—
2018
$7,509
3%
$208,700
—
2017
$7,277
-5%
$208,700
—
2019
$7,674
9%
$208,700
—
2016
$7,029
-30%
$208,700
58%
2015
$10,034
4%
$132,500
—
2013
$9,690
—
$132,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Howard Hanna Rand Realty

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4 Market St, Passaic, NJ 07055 (MLS# 3997158) is a Business property. 4 Market St is currently listed for $925,000 and was received on November 10, 2025. Want to learn more about 4 Market St? Do you have questions about finding other Business 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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