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249 Main Ave
Passaic, NJ 07055
Retail Property For Sale
Investment Highlights
- 100% Leased
- All tenants NOT subject to rent control
- Tenants pay all separate utilities
- Huge value-add opportunity through increasing below-market rents
- Excellent location on the corner of Main Avenue and Ascension Street. Busy retail area with growing population and increasing rents.
- Oversized unit layouts that all include an extra “dining room”
Property Facts
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,200 SF
Building Class
C
Year Built/Renovated
1940/2010
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
12’
Building FAR
0.96
Lot Size
0.10 AC
Zoning
C-R
Frontage
Property Taxes
| Parcel Number | 07-03257-0000-00034 | Improvements Assessment | $394,100 |
| Land Assessment | $160,200 | Total Assessment | $554,300 |
Property Taxes
Parcel Number
07-03257-0000-00034
Land Assessment
$160,200
Improvements Assessment
$394,100
Total Assessment
$554,300
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