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New Construction Single-Tenant Bank
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Pending

387 Passaic Ave, Fairfield, NJ 07004

Newly redeveloped single-tenant Chase Bank building at a signalized corner intersection in Fairfield.

Days on Market110

Property Features for 387 Passaic Ave

General Information

Standard status Pending
Property subtype Retail

Site & Location

Traffic Count 25,000 vehicles/day
Highway Access Yes
Road Access Yes

Building Details

Tenancy Single
Listing Agency: Forged Real Estate
Listed By: Marc Mandel · License #NJ
Source: Crexi
Added: Apr 12 Changed: Jul 23 Last Checked: Jul 29 at 10:52AM

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 Forged Real Estate

Investment Insights

Based on property information with market context.

New construction single-tenant Chase Bank property recently redeveloped to Chase’s new prototype. The offering features a long remaining lease term of over 19 years, with Chase operating at this location since 1987.

The property is situated on the southwest corner at the signalized intersection of Passaic Avenue and Little Falls Road, positioned adjacent to a Target-anchored shopping center. Passaic Avenue serves as a main north/south commuter and commercial arterial connecting to U.S. Route 46, with exposure to over 25,000 VPD.

Additional nearby retail presence includes Willowbrook Mall, approximately 1.5 miles away, offering more than 170 shopping and dining choices. The address is 387 Passaic Ave, Fairfield, NJ 07004.

Key Highlights

  • Newly redeveloped single‑tenant Chase Bank on a signalized corner in Fairfield, NJ
  • Over 19 years of remaining lease term with Chase as the tenant
  • Chase has operated at the location since 1987; building redeveloped to Chase’s new prototype

Property Analytics

Current Use

Chase Bank Bank Career Advancement Business Service Center Helpmates Home Health Care Service ATM Atm Chase ATM Atm

Suggested Use

Top Pick Auto Parts Store Garden Center Locksmith Catering Service Pet Grooming Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

25,000 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

957
Businesses Nearby
276k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 49% Shops & Services 40% Home Improvements & Furnishings 4% Dining 4%
Target Superstores
136,261 visits/mo 0.1 miles
Wawa Shops & Services
48,250 visits/mo 0.1 miles
QuickChek Shops & Services
27,251 visits/mo 0.0 miles
BP Shops & Services
21,322 visits/mo 0.2 miles
Dunkin' Donuts Dining
10,349 visits/mo 0.0 miles

Demographics for 07004, NJ

7,872
Population
3,054
Households
2.6
Avg Household Size
44
Median Age
51%
College-Educated
97%
High-School Grad
10.1 sq mi
ZIP Area
779
Density / Sq Mi
$113,750
Median Household Income
$73,322
Median Earnings
$2,576
Median Rent
$651,800
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Bank - Newly redeveloped single-tenant Chase Bank building at a signalized corner intersection in Fairfield.
Where is this bank located?
The property is located at 387 Passaic Ave Fairfield, NJ.
What are key features of this property?
This property features: Newly redeveloped single‑tenant Chase Bank on a signalized corner in Fairfield, NJ; Over 19 years of remaining lease term with Chase as the tenant; Chase has operated at the location since 1987; building redeveloped to Chase’s new prototype
(610) 608-2621 Call to check price and availability
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