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Mixed-Use Building with Storefront

45-47 PARKER AVE, Passaic, NJ 07055

For Sale
Contact for pricing

A street-level commercial space is paired with a three-bedroom residence on the upper floor.

Property SizeContact for details
Days on Market19

Property Features for 45-47 PARKER AVE

General Information

Standard status Active
Property subtype Mixed Use

Site & Location

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

Units

Unit Mix 1 x 3BR
Multifamily Units 1
Individually Metered Utilities unspecified utilities

Additional Details

Tenant in Place Yes

Building Details

Buildings 1
Listing Agency: KW Commercial Rutherford
Listed By: Michael Wachala · License #0231834
Source: Crexi
Added: Oct 22 Changed: Nov 8 Last Checked: Nov 8 at 5:02PM

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 KW Commercial Rutherford

Rey
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Investment Insights

Based on property information with market context.

The building contains a ground-floor storefront and a three-bedroom apartment above. Both spaces have been remodeled, with updates that include flooring, electrical work, plumbing and the roof. Utilities are separately metered, and a commercial tenant contributes to property taxes and insurance.

Botany Village shopping, Routes 21 and 46, and NJ Transit bus service are nearby. Passaic’s Main Line station provides a connection to Secaucus Junction, with an approximately 15-minute trip reported between the two stations. The city has proposed a public parking deck with more than 450 spaces in the vicinity.

Key Highlights

  • Ground‑floor storefront with a 3‑bedroom apartment above
  • Both spaces remodeled, with updated flooring, electrical, plumbing and roof
  • Utilities are separately metered

Property 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

Market

Average Price Trend$/SF for Mixed-use properties in Passaic County, NJ

$330 Jul
$261 Aug
$222 Sep
$217 Oct

Properties on Market for Mixed-use properties in Passaic County

Jul
Aug
Sep
Oct

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 - A street-level commercial space is paired with a three-bedroom residence on the upper floor.
Where is this mixed-use property located?
The property is located at 45-47 PARKER AVE Passaic, NJ.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: Ground‑floor storefront with a 3‑bedroom apartment above; Both spaces remodeled, with updated flooring, electrical, plumbing and roof; Utilities are separately metered
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