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82 Passaic St
Garfield, NJ 07026
Retail Property For Sale
Investment Highlights
- Located along Passaic Street, a high-traffic retail corridor in Garfield with strong pedestrian and vehicular visibility.
- Positioned near major transportation nodes with a bus stop at the front and quick access to the train station.
- Situated within an Opportunity Zone, allowing potential investors to explore federal tax benefits for qualified investments.
- Property includes two buildings on one lot, offering flexible potential for investors or owner-occupants seeking mixed-use functionality.
- Surrounding area features dense retail amenities, including restaurants, convenience stores, cafés, and schools, creating consistent local traffic.
Executive Summary
INVESTORS OR TO OWN! LOCATION!!! (2 BUILDINGS IN ONE (Front and Rear Building) FOR SALES)! GREAT START UP NICE COMMERCIAL 700 SQ FT RETAIL SPACE FOR RENT. MAIN AVENUE (PASSAIC ST.) ON A HIGH TRAFFIC, DEVELOPMENT TOWN...VISIBLE RETAIL STREET OF GARFIELD NJ. SURROUNDING WITH RESTAURANTS, CONVENIENCE STORES, SCHOOLS, CAFE. BUS STOP ON THE SAME AVENUE BY THE PROPERTY TO NEW YORK (AROUND 25 MINUTES). TRAIN STATION TO NEW YORK IS RIGHT BY THE AREA (AROUND 20 MIUTES TO NEW YORK. CLOSE TO MAJOR TRANSPORTATION. BY APPOINTMENT ONLY! A MUST SEE! DO NOT MISS IT!
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
700 SF
Building Class
C
Year Built
1974
Price
$1,190,000
Price Per SF
$1,700
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.27
Lot Size
0.06 AC
Opportunity Zone
Yes
Zoning
B-1 - Neighborhood Retail/Commercial
Frontage
25’ on Passaic St
Property Taxes
| Parcel Number | 21-00012-0000-00006 | Improvements Assessment | $226,600 |
| Land Assessment | $75,000 | Total Assessment | $301,600 |
Property Taxes
Parcel Number
21-00012-0000-00006
Land Assessment
$75,000
Improvements Assessment
$226,600
Total Assessment
$301,600
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