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369 Passaic Ave 44,000 SF Office Building Fairfield, NJ 07004 $8,450,000 ($192.05/SF)



Investment Highlights
- Ideally located on a highly trafficked stretch of Passaic Avenue.
- The property boasts excellent visibility and signage, as well as easy access to major highways such as Route 46, I-80, and I-280.
Executive Summary
Now available--a prenier commercial property offering 43,000 +/- square feet of versatile space, currently operating as an educational facility. This expansive building presents a unique opportunity for a wide range of users, including schools, medical or professional use businesses. Ideally located on a highly trafficked stretch of Passaic Avenue, the property boasts excellent visibility and signage, as well as easy access to major highways such as Route 46, I-80, and I-280.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
44,000 SF
Building Class
B
Year Built/Renovated
1968/2001
Price
$8,450,000
Price Per SF
$192.05
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
22,000 SF
Building FAR
0.23
Lot Size
4.33 AC
Zoning
L-1, Fairfield
Parking
180 Spaces (4.12 Spaces per 1,000 SF Leased)
Amenities
- Smoke Detector
1 1
Property Taxes
| Parcel Number | 07-02602-0000-00001 | Improvements Assessment | $5,940,000 |
| Land Assessment | $1,732,000 | Total Assessment | $7,672,000 |
Property Taxes
Parcel Number
07-02602-0000-00001
Land Assessment
$1,732,000
Improvements Assessment
$5,940,000
Total Assessment
$7,672,000
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369 Passaic Ave
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