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394 W Passaic Ave 0.53 Acres of Commercial Land Offered at $1,490,000 in Bloomfield, NJ 07003

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INVESTMENT HIGHLIGHTS

Highly visible on a busy intersection, with an average daily traffic volume of 22,000 vehicles
Walking distance to Hackensack Medical School

Flexible development options

EXECUTIVE SUMMARY

This bundle of three lots(394 W Passaic Ave, 190-192 Darling Ave, 200 Darling Ave), totaling over half an acre, presents an exceptional investment opportunity for commercial and residential development. Highly visible on a busy intersection near Route 3 with an average daily traffic volume of 22,000 vehicles, it is ideal for a retail strip mall, storage service, or mixed-use project. The property supports flexible development options. Environmental compliance is well-documented, with 12 years of bi-annual NJDEP monitoring through four wells showing consistent improvement in groundwater conditions, leading to ECA (Exceptional Case Approval) and NSF (No Further Action) status. Neighboring establishments like TD Bank and 7-Eleven enhance its prime location! Don't miss this rare chance to establish a presence in a rapidly revitalizing urban hub.

PROPERTY FACTS

Price	$1,490,000	Property Type	Land
Sale Type	Investment or Owner User	Property Subtype	Commercial
Sale Condition	Redevelopment Project	Proposed Use	Commercial Retail Office Storefront, Retail or Office Storefront, Retail or Residential
No. Lots	1	Total Lot Size	0.53 AC
Zoning	R-1A and B-2 - 394 W. Passaic Ave is Zone (R-1A), possible transition to B-2 Zone. 190-192 Darling Ave and 200-204 Darling Ave are B-2 Zone.

Price	$1,490,000
Sale Type	Investment or Owner User
Sale Condition	Redevelopment Project
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Retail Office Storefront, Retail or Office Storefront, Retail or Residential
Total Lot Size	0.53 AC
Zoning	R-1A and B-2 - 394 W. Passaic Ave is Zone (R-1A), possible transition to B-2 Zone. 190-192 Darling Ave and 200-204 Darling Ave are B-2 Zone.

1 LOT AVAILABLE

Lot 16, 18, 22

Price	$1,490,000	Lot Size	0.53 AC
Price Per AC	$2,811,320.75

Price	$1,490,000
Price Per AC	$2,811,320.75
Lot Size	0.53 AC

DESCRIPTION

The property supports flexible development options. Environmental compliance is well-documented, with 12 years of bi-annual NJDEP monitoring through four wells showing consistent improvement in groundwater conditions, leading to ECA (Exceptional Case Approval) and NSF (No Further Action) status. Neighboring establishments like TD Bank and 7-Eleven enhance its prime location! Don't miss this rare chance to establish a presence in a rapidly revitalizing urban hub.

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