Mixed-Use Building with
New
For Sale
$799,900
45 Parker Ave, Passaic, NJ 07055
A three-bedroom apartment sits above the commercial space, with utilities separately metered for each portion.
Property Size1,000 SF
Days on Market2
Property Features for 45 Parker Ave
General Information
Standard status
Active
Size
1,000 SF
Property subtype
Commercial
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
Taxes and HOA fees
Annual Taxes
$10,972
Building Details
Building Size
1,000 SF
Year Built
1940
Buildings
1
Stories
2
Units
2
Tenancy
Multi
Listing Agency:
KELLER WILLIAMS PARK VIEWS
Listed By:
MICHAEL WACHALA · License #231834
(973) 931-2220
Source:
Elliman
Added: Oct 23
Last Checked: Oct 24 at 6:33PM
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 1940 mixed-use property pairs a street-level commercial storefront with a three-bedroom apartment on the floor above. Improvements include updated flooring, electrical and plumbing systems, and a newer roof. The commercial space has a tenant who contributes toward property taxes and insurance, and utilities are separately metered.
The property is near Botany Village shopping, Routes 21 and 46, and NJ Transit bus service. Passaic’s Main Line station provides a connection to Secaucus Junction in about 15 minutes, with onward service to NY Penn. A public parking deck with more than 450 spaces has been proposed nearby.
The property is near Botany Village shopping, Routes 21 and 46, and NJ Transit bus service. Passaic’s Main Line station provides a connection to Secaucus Junction in about 15 minutes, with onward service to NY Penn. A public parking deck with more than 450 spaces has been proposed nearby.
Key Highlights
- Three‑bedroom apartment above a street‑level commercial storefront
- Separately metered utilities
- Updates include flooring, electrical, plumbing, and roof
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
1
Residential units
Multi-tenant
Tenancy
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
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A three-bedroom apartment sits above the commercial space, with utilities separately metered for each portion.
Where is this mixed-use property located?
The property is located at 45 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: Three‑bedroom apartment above a street‑level commercial storefront; Separately metered utilities; Updates include flooring, electrical, plumbing, and roof
