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    51 Central Ave Passaic, NJ 07055

    For Sale
    $1,250,000

    Commercial - Passaic City, NJ

    Property size:
    4,000 SF
    Lot size:
    0.06 Acres
    Days on Market:
    109
    Last Refresh:
    Dec 11 at 9:06 pm

    Property Features for 51 Central Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    Rooms
    Basement
    Basement Y/N
    1
    Size
    4,000 SF
    Lot size
    0.06 Acres

    Utilities

    Cooling system
    Multi Units

    Building Details

    Year built
    1921
    Floors in Building
    2
    Number of units
    9
    Building materials
    Concrete, See Remarks
    Roof type
    Flat
    Architectural style
    Other

    UNITED REAL ESTATE (888) 501-6953 [email protected]

    Listing agent CARLOS TOME (888) 501-6953

    Listing date Aug 25, 2025

    MLS# 3973111 Listing URL

    Copyright © 2025 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Passaic City Commercial Opportunity

    This commercial property is located in downtown Passaic City and is zoned for commercial use. The building has a total size of 4000 square feet and sits on a lot of 0.06 acres. The first floor features two retail stores, each available for rent. The second floor contains seven offices. A full basement is also included in the property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Passaic
    County
    Passaic
    State
    New Jersey
    Longitude
    -74.128729820513
    Latitude
    40.864507275503

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    FAQs

    What type of property is this?
    Retail space - Commercial building in downtown Passaic City with retail and office spaces.
    Where is this retail space located?
    The property is located at 51 Central Ave Passaic, NJ.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: - Prime business location in downtown Passaic.; - Two retail stores on the first floor offer potential rental income of $3500 each.; - Seven offices on the second floor.
    (888) 501-6953
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    51 Central Ave Passaic, NJ 07055
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