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$1,095,000 -$95,000 (-7.98%) Price Reduced
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Property Description
Turn-key automotive repair business and property offering mechanic services, auto sales, and a DMV state inspection facility, with a NJ auto dealer license currently lapsed but renewable. This established business has served the community for over 30 years and is ideal for an owner-operator or investor. The facility spans approximately 7,500 square feet and features five service bays/garages, an outdoor heavy-duty lift, newer lifts and equipment, and ample parking and storage for over 25 vehicles. Additional amenities include office spaces, restrooms, and two extra rooms adaptable for storage or private use. Conveniently located near public transportation and major highways, this property offers excellent accessibility and visibility for continued success in the automotive industry. Fully secured with professional fence, just waiting for new owner(s) to expand and thrive. Inquire TODAY,
Full Property Details
Full Property Details for 422 Monroe St
General
- Price: $1,095,000
- Taxes: $12,422 (2024)
- Status: Active
- Type: Business
- Source: Garden_State
- MLS ID: 3991081
- Updated: 1/9/2026
- Added to Site: 100 day(s) ago
Business
- Includes: Building & Business, Equipment, Operating Licenses
Interior
- Flooring: Concrete
Rooms
Bathrooms
- Total Bathrooms: 1
- Restrooms: 1
Additional Information
- Equipment: Fire Alarm, Lifts, Machinery, Restrooms - Private, Smoke Detector, Storage Area(s)
Parking
- Garage Spaces: 25
- Parking: Blacktop, Off-Street Parking, See Remarks
Location
- County: Passaic
- Driving Directions: Myrtle to Monroe St, Paulison to Monroe St
- Location Details: See Remarks
Heating & Cooling
- Cooling Type: See Remarks
- Heating Type: 1 Unit
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: All Underground
Structural Information
- Construction: Brick/Block
- Exterior Const.: See Remarks
- Roof: Flat
- Ceiling Height: 14
- Doors: 4
- Door Dimensions: 12
- Loading: See Remarks
- Bays: 5
- Stories in Building: 2
- Office: 1 Sq. Ft.
- Year Built: 1950
Lot Features
- Lot Size (Acres): 0.17
- Lot Size: 75X100
- Zoning: Compliance
- Lot Description: Level Lot
Financial Considerations
- Price Per Sq. Ft.: $160
- Expenses: See Remarks
- Assessment Amount: $301,300
- Land Assmt: $87,500
- Tax Amount: $12,422
- Tax Year: 2024
- Pays Utilities: Other
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: Survey Available
- APN: 2507-02171-0000-00026-0000-
- Block: 2171
- Lot Number: 26
Listed by United Real Estate
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Schools
Schools serving 422 Monroe St
School District:Passaic City School District
| Name | Grades | Distance |
|---|---|---|
Passaic High School 170 Paulison Avenue, Passaic, NJ 07055 | 9-12 | 0.6 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 422 Monroe St
Date
Details
Price
Change
Source
1/09/2026
Price Reduced
$1,095,000
-7.98%
MLS
12/30/2025
Price Reduced
$1,190,000
-0.42%
MLS
12/16/2025
Price Reduced
$1,195,000
-14.03%
MLS
10/07/2025
Listed
$1,390,000
—
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 422 Monroe St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$12,423
3%
$301,300
—
2023
$12,064
3%
$301,300
—
2022
$11,702
3%
$301,300
—
2021
$11,329
5%
$301,300
—
2018
$10,841
3%
$301,300
—
2017
$10,506
4%
$301,300
—
2016
$10,148
5%
$301,300
135%
2015
$9,693
-13%
$128,000
-58%
2019
$11,079
18%
$301,300
135%
2013
$9,361
—
$128,000
—
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 422 Monroe St
422 Monroe St, Passaic, NJ 07055 (MLS# 3991081) is a Business property. 422 Monroe St is currently listed for $1,095,000 and was received on October 07, 2025. Want to learn more about 422 Monroe 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.

