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Mixed-Use Building with Upper Apartment
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For Sale
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39 Parker Avenue, Passaic, NJ 07055

Street-level retail space and a three-bedroom residence are separately metered and recently renovated.

Property SizeContact for details
Days on Market1

Property Features for 39 Parker Avenue

General Information

Standard status Active
Property subtype Multi Family 2-4 Units

Site & Location

Highway Access Yes
Road Access Yes
Public Transit Yes
Utilities to Site Yes
Mixed-Use Components retail, residential

Units

Multifamily Units 1
Individually Metered Utilities unspecified utilities

Additional Details

Floor Ground
Tenant in Place Yes

Building Details

Buildings 1
Stories 2
Listing Agency: Keller Williams Park Views
Listed By: Michael Wachala · License #231834
Source: Capmarkrealty
Added: Oct 24 Last Checked: Oct 24 at 1:47PM

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 Keller Williams Park Views

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Investment Insights

Based on property information with market context.

This mixed-use property combines a street-facing commercial storefront with a three-bedroom apartment on the upper floor. Recent work includes updated flooring, electrical and plumbing systems, and a newer roof. The building dates to 1940, and the commercial tenant contributes to property taxes and insurance. Utilities are separately metered.

The property is on Parker Avenue near Botany Village shopping. Routes 21 and 46 and NJ Transit bus service are nearby. Passaic’s Main Line station provides service to Secaucus Junction in about 15 minutes, with connections to NY Penn. A public parking deck with more than 450 spaces has been proposed nearby.

Key Highlights

  • Street‑level storefront with a three‑bedroom apartment above
  • Recently updated flooring, electrical and plumbing systems, plus a newer roof
  • Utilities are separately metered

Property Analytics

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

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Veterinary Clinic Pet Store Tattoo & Piercing Shop 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.

Lease Details

1
Residential units
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

3,049
Businesses Nearby
234k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 34% Dining 29% Home Improvements & Furnishings 26% Apparel 8%
The Home Depot Home Improvements & Furnishings
60,202 visits/mo 0.2 miles
McDonald's Dining
44,060 visits/mo 0.3 miles
Five Below Shops & Services
38,545 visits/mo 0.5 miles
Dollar Tree Shops & Services
24,742 visits/mo 0.4 miles
Burlington Apparel
18,550 visits/mo 0.5 miles

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
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Mixed-use property - Street-level retail space and a three-bedroom residence are separately metered and recently renovated.
Where is this mixed-use property located?
The property is located at 39 Parker Avenue Passaic, NJ.
What are key features of this property?
This property features: Street‑level storefront with a three‑bedroom apartment above; Recently updated flooring, electrical and plumbing systems, plus a newer roof; Utilities are separately metered
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