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Industrial Flex Building
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2 Aspen Place, Passaic, NJ 07055

Adaptable commercial space supports warehouse, manufacturing, distribution, studio, and fitness operations.

Property Size21,900 SF
Days on Market99

Property Features for 2 Aspen Place

General Information

Standard status Active
Size 21,900 SF
Class C
Property subtype Retail, Industrial, Mixed Use
Zoning R-3
Lease Type Gross
Investment Type Owner/User

Building Details

Year Built 1973
Year Renovated 2021
Buildings 1
Units 3
Tenancy Multi
Listing Agency: Clifton CRE
Listed By: Meir Mizrachi · License #NJ 1861520
Source: Crexi
Added: Jul 29 Changed: Nov 3 Last Checked: Nov 3 at 5:01AM

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 Clifton CRE

Rey
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Investment Insights

Based on property information with market context.

This 21,900-square-foot flex property, completed in 1973, combines warehouse functionality with adaptable commercial space. Configurations range from 7,300 to 21,900 square feet, supporting a range of occupancy requirements within the building. The property is zoned R-3 and can accommodate uses identified for manufacturing, distribution, creative studios, fitness facilities, and other commercial operations.

Located in Passaic, the property offers access to major transportation routes. Its combination of warehouse capability, flexible sizing, and commercial adaptability suits both owner-user occupancy and investment-oriented acquisition.

Key Highlights

  • 21,900‑square‑foot flex property
  • Unit configurations from 7,300 to 21,900 SF
  • Warehouse functionality with adaptable commercial space

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Veterinary Clinic Nursing Home Pet Store Pet Store & Service Tanning Salon

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

Location Intelligence

Trade Area within ½ mile

3,342
Businesses Nearby
Under-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025

Similar Off Market Nearby

  • The Señorita MB — Wallington Ave, Wallington, NJ 07057
  • Gold Chef Services — 225 Passaic St, Passaic, NJ 07055
  • worldFLATS Corporate Kitchen & Commissary — 349 Chestnut Street rear of building, Passaic, NJ 07055
  • Event Effects Catering — 307 monroe st 2nd floor suite 1, passaic, nj 07055
  • Tinby Jungle — 5 Sherman St, Passaic, NJ 07055

Frequently Asked Questions

What type of property is this?
Flex space - Adaptable commercial space supports warehouse, manufacturing, distribution, studio, and fitness operations.
Where is this flex space located?
The property is located at 2 Aspen Place Passaic, NJ.
What are key features of this property?
This property features: 21,900‑square‑foot flex property; Unit configurations from 7,300 to 21,900 SF; Warehouse functionality with adaptable commercial space
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