Multi-Story Distribution
For Sale
Contact for pricing
1-11 Market St Passaic, Passaic, NJ 07055
Fully leased industrial facility with loading infrastructure, freight elevators, and access to major regional transportation routes.
Property Size325,030 SF
Lot Size2.08 Acres
Price / SF$96
Days on Market455
Property Features for 1-11 Market St Passaic
General Information
Standard status
Active
Size
325,030 SF
Total Parking Spaces
40
Lot size
2.08 Acres
Property subtype
Industrial
Zoning
M-1
Occupancy
100%
Lease Type
NNN
Investment Type
Net Lease
Net Operating Income
$1,272,771
Warehouse & Industrial
Clear Height
35 ft
Dock-High Doors
10
Drive-In Doors
1
Additional Details
Highway Access
Yes
Building Details
Year Built
1925
Buildings
1
Stories
5
Units
1
Tenancy
Single
Building Size
325,030 SF
Listing Agency:
Marcus & Millichap - New Jersey
(201) 742-6167
Listed By:
Scott Geller · License #NJ:1649748
Source:
Crexi
Added: Jun 4, 2025
Changed: Aug 29
Last Checked: Aug 29 at 4:45PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - New Jersey
Investment Insights
Based on property information with market context.
This multi-story distribution facility, built in 1925, is configured for industrial and logistics operations. The building offers 16-35 foot clear heights, 10 loading docks, 1 drive-in door, 3 freight elevators, 13 bathrooms, and approximately 40 surface parking spaces. The property is zoned M-1 and leased to a full-building 3PL tenant, with 5.9 years remaining on the lease term.
The facility is positioned in Passaic, New Jersey, between Route 21, Route 17, Route 46, and the I-80 and I-95 interchange. Its location provides regional access across the tri-state area and connectivity through I-95. The surrounding area also offers employee access to retail, restaurants, and other amenities.
The facility is positioned in Passaic, New Jersey, between Route 21, Route 17, Route 46, and the I-80 and I-95 interchange. Its location provides regional access across the tri-state area and connectivity through I-95. The surrounding area also offers employee access to retail, restaurants, and other amenities.
Key Highlights
- 100% leased to a full‑building 3PL tenant with 5.9 years remaining
- 16‑35 foot clear heights support industrial and distribution functions
- 10 loading docks and 1 drive‑in door
Property Analytics
Property Profile
Current Use
Lease Details
35 ft
Clear height
10
Dock-high doors
1
Drive-in doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,839
Businesses Nearby
Explore this area
Business Placement
Demographics for 07055, NJ
70,518
Population
21,019
Households
3.4
Avg Household Size
32
Median Age
17%
College-Educated
67%
High-School Grad
3.1 sq mi
ZIP Area
22,748
Density / Sq Mi
$56,780
Median Household Income
$30,935
Median Earnings
$1,392
Median Rent
$406,500
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
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Frequently Asked Questions
What type of property is this?
Distribution center - Fully leased industrial facility with loading infrastructure, freight elevators, and access to major regional transportation routes.
Where is this distribution center located?
The property is located at 1-11 Market St Passaic Passaic, NJ.
What is the asking price?
The asking price for this property is $24,000,000.
What are key features of this property?
This property features: 100% leased to a full‑building 3PL tenant with 5.9 years remaining; 16‑35 foot clear heights support industrial and distribution functions; 10 loading docks and 1 drive‑in door
