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Investment Highlights

  • High-visibility, high-traffic location with strong potential for both current office use and future redevelopment.
  • Over 2,000 square feet of versatile office space featuring private offices, open work areas, and a large conference room.
  • Includes eight on-site parking spaces and a full basement, suitable for storage or expansion possibilities.
  • Situated in a highly residential area, creating an attractive setting for projects such as professional services, mixed-use, or development.
  • Dedicated reception area, kitchen, and three bathrooms add convenience for operational efficiency.
  • Equipped with two-zone central air and heating systems for year-round comfort.

Executive Summary

Possible redevelopment opportunity as property is located in a highly residential area.

Property Facts

Price $999,000
Price Per SF $199.80
Sale Type Investment or Owner User
Sale Condition Redevelopment Project
Property Type Industrial
Property Subtype
Warehouse
  • General Retail Auto Repair
  • General Retail Service Station
  • OfficeLoft Creative Space
Building Class C
Lot Size 0.11 AC
Rentable Building Area 5,000 SF
No. Stories 1
Year Built 1975
Tenancy Single
Parking Ratio 1.6/1,000 SF
Clear Ceiling Height 12’
No. Drive In / Grade-Level Doors 1
Opportunity Zone Yes
Zoning R3 - Residential Multi-Family
Exceptionally walkable
100/100
Moderately drivable
60/100
Some public transit
50/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
07-01014-0000-00015
Land Assessment
$65,000
Improvements Assessment
$89,500
Total Assessment
$154,500
  • Listing ID: 40093219

  • Date on Market: 4/9/2026

  • Last Updated:

  • Address: 46-48 4th St, Passaic, NJ 07055

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