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$1,250,000
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Property Description
Great business location. Offers 2 retail stores on 1st floor ( on the market for rent $3500 each). 2nd floor offers 7 offices. Full basement. Downtown Passaic.
Full Property Details
Full Property Details for 51 Central Ave
General
- Price: $1,250,000
- Taxes: $22,264 (2024)
- Status: Active
- Type: Retail
- Source: Garden_State
- MLS ID: 3973111
- Updated: 7/3/2025
- Added to Site: 198 day(s) ago
Business
- Includes: Building Only
Rooms
Bathrooms
- Total Bathrooms: 9
- Restrooms: 9
Additional Information
- Equipment: Smoke Detector
Parking
- Parking: None, On-Street Parking
Location
- County: Passaic
- Driving Directions: Main Ave to Central Ave// Lexington Ave to Central Ave
- Location Details: Business District, Freestanding
Heating & Cooling
- Cooling Type: 3 Units
- Heating Type: 3 Units
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Natural Gas
Structural Information
- Construction: Brick/Block
- Exterior Const.: Concrete, See Remarks
- Basement: Yes
- Basement Desc.: Full
- Roof: Flat
- Stories in Building: 2
- Square Feet: 4,000
- Aprox. Leasable: 4,000 Sq. Ft.
- Office: 2,000 Sq. Ft.
- Year Built: 1921
Lot Features
- Lot Size (Acres): 0.06
- Lot Size: 25X100
- Zoning: Commercial
Financial Considerations
- Price Per Sq. Ft.: $312
- Assessment Amount: $540,000
- Land Assmt: $118,900
- Tax Amount: $22,264
- Tax Year: 2024
- Pays Utilities: Landlord
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: No Documents Available
- APN: 2507-04111-0001-00043-0000-
- Block: 4111.01
- Lot Number: 43
Listed by United Real Estate
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Schools
Schools serving 51 Central Ave
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 51 Central Ave
Date
Details
Price
Change
Source
7/03/2025
Listed
$1,250,000
375.29%
MLS
1/12/2005
Sold
$263,000
—
Public Record
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 51 Central Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$22,264
3%
$540,000
—
2023
$21,622
3%
$540,000
—
2022
$20,974
3%
$540,000
—
2021
$20,304
1%
$540,000
-4%
2018
$20,149
1%
$560,000
4%
2019
$19,856
2%
$540,000
-4%
2017
$19,527
-8%
$560,000
-11%
2016
$21,181
86%
$628,900
319%
2015
$11,360
2%
$150,000
—
2014
$11,151
—
$150,000
—
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 51 Central Ave
51 Central Ave, Passaic, NJ 07055 (MLS# 3973111) is a Retail property. 51 Central Ave is currently listed for $1,250,000 and was received on July 03, 2025. Want to learn more about 51 Central Ave? Do you have questions about finding other Retail real estate for sale in Passaic? You can browse all Passaic real estate or contact a Coldwell Banker agent to request more information.

