A Prime Mixed-Use Redevelopment Opportunity Positioned 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.
For sale
$2,500,000
285 Monroe Street, Passaic, NJ 07055
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Mixed Use
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What's special
- 155 days
- 64
- 1
Zillow last checked:
Listing updated:
Listed by:
Joseph Aziz 201-708-5067,
Prestige Property Group - Montclair
Source: NJMLS,MLS#: 26015228
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/10/2026 | Listed for sale | $2,500,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
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